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 | |
|---|---|---|---|---|---|---|
551
Steris
STE
$23.1B
| $234M | 0.02% |
1,039,706
-255,456
| -20% | -$51.1M |
|
552
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
$36.6B
| $233M | 0.02% |
5,389,199
-320,178
| -6% | -$13.2M |
|
553
Cadence Design Systems
CDNS
$89B
| $231M | 0.02% |
986,704
-887,360
| -47% | -$193M |
|
554
Ares Management
ARES
$32.1B
| $230M | 0.02% |
2,385,787
-232,337
| -9% | -$20.1M |
|
555
Vanguard International Dividend Appreciation ETF
VIGI
$9.28B
| $229M | 0.02% |
3,054,070
+77,794
| +3% | +$5.85M |
|
556
Franco-Nevada
FNV
$45.5B
| $229M | 0.02% |
1,604,846
-1,074,590
| -40% | -$161M |
|
557
Vale
VALE
$61.4B
| $229M | 0.02% |
17,027,697
-5,736,196
| -25% | -$81.2M |
|
558
Nutrien
NTR
$32.1B
| $228M | 0.02% |
3,867,041
-15,771,255
| -80% | -$1B |
|
559
Stellantis
STLA
$20.2B
| $228M | 0.02% |
13,003,550
-4,593,480
| -26% | -$77M |
|
560
Baxter International
BAX
$13.9B
| $227M | 0.02% |
4,992,781
-456,374
| -8% | -$19.9M |
|
561
Extra Space Storage
EXR
$31B
| $227M | 0.02% |
1,527,374
-142,143
| -9% | -$21.4M |
|
562
Agilent Technologies
A
$41.9B
| $226M | 0.02% |
1,881,730
-376,028
| -17% | -$47.9M |
|
563
iShares 0-5 Year TIPS Bond ETF
STIP
$15.9B
| $226M | 0.02% |
2,314,380
-433,155
| -16% | -$42.6M |
|
564
National Grid
NGG
$81.1B
| $225M | 0.02% |
3,552,281
+171,822
| +5% | +$11.3M |
|
565
Pacer Data & Infrastructure Real Estate ETF
SRVR
$386M
| $225M | 0.02% |
7,717,079
-1,617,387
| -17% | -$46.9M |
|
566
VanEck Fallen Angel High Yield Bond ETF
ANGL
$3.11B
| $223M | 0.02% |
8,036,340
-89,857
| -1% | -$2.47M |
|
567
American International
AIG
$39.8B
| $222M | 0.02% |
3,863,908
-911,576
| -19% | -$48.9M |
|
568
iShares MSCI USA Value Factor ETF
VLUE
$9.59B
| $222M | 0.02% |
2,364,932
-173,303
| -7% | -$15.8M |
|
569
CALL
iShares China Large-Cap ETF
FXI
$4.2B
| $221M | 0.02% |
8,135,100
-1,934,900
| -19% | -$54.3M |
|
|
EA
570
DELISTED
Electronic Arts
EA
| $221M | 0.02% |
1,704,085
-65,247
| -4% | -$8.27M |
|
571
Roper Technologies
ROP
$39.1B
| $219M | 0.02% |
456,422
-73,348
| -14% | -$33.2M |
|
572
lululemon athletica
LULU
$13.7B
| $219M | 0.02% |
579,013
-203,798
| -26% | -$75.2M |
|
573
West Pharmaceutical
WST
$24.8B
| $217M | 0.02% |
568,191
-120,170
| -17% | -$42.9M |
|
574
Zurn Elkay Water Solutions
ZWS
$8.46B
| $217M | 0.02% |
8,079,965
+222,424
| +3% | +$5.06M |
|
|
SPLK
575
DELISTED
Splunk Inc
SPLK
| $217M | 0.02% |
2,044,989
+51,014
| +3% | +$4.85M |
|
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.