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 | |
|---|---|---|---|---|---|---|
5576
PUT
GoDaddy
GDDY
$12B
| $248K | ﹤0.01% |
+3,300
| New | +$244K |
|
|
LICY
5577
DELISTED
Li-Cycle Holdings Corp.
LICY
| $246K | ﹤0.01% |
5,547
-22,656
| -80% | -$926K |
|
|
FSD
5578
DELISTED
FIRST TRUST HIGH INCOME LONG/SHORT FUND
FSD
| $246K | ﹤0.01% |
21,525
+1,075
| +5% | +$12.1K |
|
|
MMT
5579
Aberdeen Multi-Market Income Fund
MMT
$244M
| $246K | ﹤0.01% |
54,574
-1,039
| -2% | -$4.71K |
|
5580
ProShares UltraPro Russell2000
URTY
$368M
| $246K | ﹤0.01% |
5,903
-3,947
| -40% | -$146K |
|
5581
Centrus Energy
LEU
$3.79B
| $245K | ﹤0.01% |
7,533
-33,826
| -82% | -$1.05M |
|
5582
Quince Therapeutics
QNCX
$34.6M
| $245K | ﹤0.01% |
815
+739
| +972% | +$230K |
|
5583
CVRx
CVRX
$82.1M
| $245K | ﹤0.01% |
15,856
-6,737
| -30% | -$82.2K |
|
|
ICVX
5584
DELISTED
Icosavax, Inc. Common Stock
ICVX
| $244K | ﹤0.01% |
24,608
-15,566
| -39% | -$125K |
|
|
DSKE
5585
DELISTED
Daseke, Inc. Common Stock
DSKE
| $244K | ﹤0.01% |
34,260
-9,589
| -22% | -$67.3K |
|
5586
Federal Agricultural Mortgage Class A
AGM.A
$1.79B
| $244K | ﹤0.01% |
2,000
| – | – |
|
|
BCOV
5587
DELISTED
Brightcove, Inc.
BCOV
| $244K | ﹤0.01% |
60,728
+8,669
| +17% | +$35K |
|
5588
Cytosorbents Corp
CTSO
$25.1M
| $243K | ﹤0.01% |
67,624
-1,542
| -2% | -$4.88K |
|
5589
Cass Information Systems
CASS
$748M
| $243K | ﹤0.01% |
6,257
-9,736
| -61% | -$382K |
|
|
YMAB
5590
DELISTED
Y-mAbs Therapeutics
YMAB
| $243K | ﹤0.01% |
35,716
-49,739
| -58% | -$373K |
|
|
ONIT
5591
Onity Group
ONIT
$328M
| $242K | ﹤0.01% |
8,088
+401
| +5% | +$11.5K |
|
5592
Asure Software
ASUR
$245M
| $242K | ﹤0.01% |
19,931
+15,199
| +321% | +$202K |
|
5593
Nuveen Arizona Quality Municipal Income Fund
NAZ
$160M
| $242K | ﹤0.01% |
22,545
-3,500
| -13% | -$37.8K |
|
5594
Pangaea Logistics
PANL
$487M
| $242K | ﹤0.01% |
35,781
+26,097
| +269% | +$161K |
|
|
DBGR
5595
DELISTED
Xtrackers MSCI Germany Hedged Equity ETF
DBGR
| $242K | ﹤0.01% |
7,828
-4
| -0.1% | -$125 |
|
|
CNSL
5596
DELISTED
Consolidated Communications Holdings, Inc.
CNSL
| $242K | ﹤0.01% |
63,134
-7,159
| -10% | -$25.8K |
|
5597
PepGen
PEPG
$207M
| $242K | ﹤0.01% |
27,027
+3,376
| +14% | +$44.1K |
|
5598
iRadimed
IRMD
$1.11B
| $240K | ﹤0.01% |
5,024
-3,283
| -40% | -$148K |
|
5599
Compass Therapeutics
CMPX
$405M
| $239K | ﹤0.01% |
75,314
-18,666
| -20% | -$58.6K |
|
5600
SkinHealth Systems
SKIN
$86.8M
| $239K | ﹤0.01% |
28,611
-257,156
| -90% | -$2.67M |
|
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.