Bank of America Portfolio holdings
Bank of America, founded in 1904 as the Bank of Italy by Amadeo Giannini to serve immigrants in San Francisco, is now one of the largest financial institutions in the world, headquartered in Charlotte, North Carolina, following its 1998 merger with NationsBank. It provides a broad spectrum of services, including consumer banking, wealth management (through its Merrill division), commercial banking, and investment banking, managing trillions in assets and serving millions of customers globally.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
IPG
Interpublic Group of Companies
IPG
|
+$801M |
| 2 |
Albemarle
ALB
|
+$629M |
| 3 |
Becton Dickinson
BDX
|
+$626M |
| 4 |
State Street Communication Services Select Sector SPDR ETF
XLC
|
+$526M |
| 5 |
Synchrony
SYF
|
+$400M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$4.76B |
| 2 |
Invesco QQQ Trust
QQQ
|
+$3.1B |
| 3 |
Microsoft
MSFT
|
+$2.93B |
| 4 |
Vanguard Morningstar Value ETF
VTV
|
+$2.64B |
| 5 |
NVIDIA
NVDA
|
+$1.88B |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 12.24% |
| 2 | Financials | 6.59% |
| 3 | Healthcare | 6.56% |
| 4 | Consumer Discretionary | 5.38% |
| 5 | Industrials | 5.27% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
5476
SmartFinancial
SMBK
$902M
| $290K | ﹤0.01% |
13,470
-2,617
| -16% | -$57.2K |
|
5477
Evolus
EOLS
$538M
| $289K | ﹤0.01% |
39,746
-3,156
| -7% | -$27.2K |
|
|
SYSB
5478
iShares Systematic Bond ETF
SYSB
$1.17B
| $289K | ﹤0.01% |
3,433
-158
| -4% | -$13.3K |
|
5479
Altimmune
ALT
$572M
| $288K | ﹤0.01% |
81,673
-564,473
| -87% | -$2.53M |
|
5480
First Bancorp
FNLC
$402M
| $288K | ﹤0.01% |
11,828
-814
| -6% | -$20.1K |
|
|
EH
5481
EHang Holdings
EH
$450M
| $288K | ﹤0.01% |
18,974
+613
| +3% | +$7.1K |
|
5482
Invesco S&P 500 Equal Weight Real Estate ETF
RSPR
$100M
| $287K | ﹤0.01% |
9,188
-2,388
| -21% | -$72.7K |
|
|
BORR
5483
Borr Drilling
BORR
$1.37B
| $287K | ﹤0.01% |
38,140
+3,973
| +12% | +$28.5K |
|
5484
Future Fuel
FF
$245M
| $287K | ﹤0.01% |
32,430
-1,232
| -4% | -$10.3K |
|
|
SCD
5485
LMP Capital and Income Fund
SCD
$363M
| $286K | ﹤0.01% |
22,327
-30
| -0.1% | -$368 |
|
5486
Foster
FSTR
$408M
| $285K | ﹤0.01% |
19,929
| – | – |
|
|
NGM
5487
DELISTED
NGM Biopharmaceuticals, Inc. Common Stock
NGM
| $285K | ﹤0.01% |
109,853
+25,817
| +31% | +$92.1K |
|
|
HIVE
5488
HIVE Digital Technologies
HIVE
$736M
| $284K | ﹤0.01% |
61,310
-80,458
| -57% | -$271K |
|
|
HT
5489
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $282K | ﹤0.01% |
46,370
-4,036
| -8% | -$24.8K |
|
5490
Immatics
IMTX
$1.29B
| $282K | ﹤0.01% |
24,412
-55,466
| -69% | -$518K |
|
|
DCBO
5491
Docebo
DCBO
$584M
| $281K | ﹤0.01% |
7,127
-46,194
| -87% | -$1.67M |
|
|
NFBK
5492
DELISTED
Northfield Bancorp
NFBK
| $281K | ﹤0.01% |
25,567
-109,195
| -81% | -$1.17M |
|
|
CEPU
5493
Central Puerto
CEPU
$1.97B
| $280K | ﹤0.01% |
40,473
+76
| +0.2% | +$486 |
|
5494
CALL
iShares MSCI Canada ETF
EWC
$6.56B
| $280K | ﹤0.01% |
+8,000
| New | +$277K |
|
|
5495
PUT
iShares MSCI Canada ETF
EWC
$6.56B
| $280K | ﹤0.01% |
+8,000
| New | +$277K |
|
|
SKE
5496
Skeena Resources
SKE
$4.15B
| $279K | ﹤0.01% |
57,843
+54,440
| +1,600% | +$319K |
|
|
HONE
5497
DELISTED
HarborOne Bancorp
HONE
| $277K | ﹤0.01% |
31,909
-13,094
| -29% | -$125K |
|
|
AFCG
5498
AFC Gamma
AFCG
$72.1M
| $277K | ﹤0.01% |
32,501
-9,469
| -23% | -$76.8K |
|
|
CET
5499
Central Securities Corp
CET
$1.63B
| $277K | ﹤0.01% |
7,574
-308
| -4% | -$10.8K |
|
5500
Goldman Sachs ActiveBeta Europe Equity ETF
GSEU
$126M
| $276K | ﹤0.01% |
8,347
+521
| +7% | +$17.5K |
|
Similar funds
Bank of America's Q2 2023 Portfolio in Review
As of Q2 2023, Bank of America held 8,229 positions worth $954B, down 2% from $974B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Bank of America withdrew a net $74.4B in Q2 2023, closing 523 positions and reducing 4,111 holdings. Its most notable exit was Shaw Communications Inc., an estimated $512M position sold in full.
By sector, the portfolio is most concentrated in Technology at 12% of assets, down from 12% a quarter earlier, followed by Financials and Healthcare.
Against the trend, Bank of America opened a new position in Indivior Pharmaceuticals worth $56.8M.
- Bank of America's largest Q2 2023 buy was Indivior Pharmaceuticals: 2,386,915 shares worth $56.8M.
- Bank of America added most to Interpublic Group of Companies in Q2 2023, an estimated $801M increase.
- Bank of America's biggest Q2 2023 reduction was Apple, cutting an estimated $4.76B.
- Bank of America fully exited Shaw Communications Inc. in Q2 2023, selling an estimated $512M.
- Bank of America's ten largest holdings make up 17% of its $954B portfolio in Q2 2023.
- Bank of America opened 475 new positions and closed 523 in Q2 2023.
- Bank of America's portfolio value fell 2% quarter-over-quarter to $954B.
Based on Bank of America's 13F filing for Q2 2023, filed 14 Aug 2023.