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 | |
|---|---|---|---|---|---|---|
|
CCF
5526
DELISTED
Chase Corporation
CCF
| $263K | ﹤0.01% |
2,167
-4,269
| -66% | -$491K |
|
5527
Gilat Satellite Networks
GILT
$887M
| $262K | ﹤0.01% |
42,079
-10,626
| -20% | -$56.8K |
|
5528
Bowman Consulting
BWMN
$733M
| $262K | ﹤0.01% |
8,219
-3,015
| -27% | -$88K |
|
5529
Colony Bankcorp
CBAN
$473M
| $262K | ﹤0.01% |
27,796
+315
| +1% | +$2.99K |
|
|
BLFY
5530
DELISTED
Blue Foundry Bancorp
BLFY
| $260K | ﹤0.01% |
25,668
-12,322
| -32% | -$119K |
|
5531
Hingham Institution for Saving
HIFS
$680M
| $259K | ﹤0.01% |
1,217
-708
| -37% | -$144K |
|
|
HEQ
5532
John Hancock Hedged Equity & Income Fund
HEQ
$140M
| $259K | ﹤0.01% |
24,053
+3,082
| +15% | +$33.5K |
|
5533
Southern First Bancshares
SFST
$608M
| $259K | ﹤0.01% |
10,456
-66
| -0.6% | -$1.72K |
|
5534
ImmunityBio
IBRX
$8.02B
| $259K | ﹤0.01% |
93,067
-81,459
| -47% | -$230K |
|
5535
Home Bancorp
HBCP
$566M
| $258K | ﹤0.01% |
7,779
-1,942
| -20% | -$62.5K |
|
5536
New England Realty Associates
NEN
$194M
| $258K | ﹤0.01% |
3,540
| – | – |
|
5537
Johnson Outdoors
JOUT
$505M
| $258K | ﹤0.01% |
4,192
-1,089
| -21% | -$65.1K |
|
|
ME
5538
DELISTED
23andMe Holding Co
ME
| $257K | ﹤0.01% |
7,354
-1,317
| -15% | -$52.4K |
|
5539
Montauk Renewables
MNTK
$268M
| $257K | ﹤0.01% |
34,579
-28,184
| -45% | -$194K |
|
5540
Fidelity D&D Bancorp
FDBC
$324M
| $257K | ﹤0.01% |
5,279
+2,233
| +73% | +$97.2K |
|
5541
Arbutus Biopharma
ABUS
$924M
| $257K | ﹤0.01% |
111,522
+23,545
| +27% | +$61.3K |
|
5542
Red River Bancshares
RRBI
$676M
| $256K | ﹤0.01% |
5,219
+1,419
| +37% | +$69.3K |
|
|
CRGE
5543
DELISTED
Charge Enterprises, Inc. Common Stock
CRGE
| $256K | ﹤0.01% |
261,368
-12,066
| -4% | -$12.3K |
|
|
ESPR
5544
DELISTED
Esperion Therapeutics
ESPR
| $256K | ﹤0.01% |
184,121
-329,078
| -64% | -$459K |
|
5545
iShares BBB Rated Corporate Bond ETF
LQDB
$59.3M
| $256K | ﹤0.01% |
3,037
+2,498
| +463% | +$211K |
|
5546
JPMorgan Small & Mid Cap Enhanced Equity ETF
JMEE
$2.98B
| $256K | ﹤0.01% |
5,099
-248
| -5% | -$11.8K |
|
|
DALN
5547
DELISTED
DallasNews
DALN
| $255K | ﹤0.01% |
65,563
-1,820
| -3% | -$7.47K |
|
|
AMJ
5548
DELISTED
JP Morgan Alerian MLP Index ETN 5/24/24
AMJ
| – | – |
0
| – | – |
|
5549
Verrica Pharmaceuticals
VRCA
$85.4M
| $255K | ﹤0.01% |
4,415
+671
| +18% | +$40.7K |
|
5550
Tenaya Therapeutics
TNYA
$163M
| $255K | ﹤0.01% |
43,384
-26,724
| -38% | -$155K |
|
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.