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 | |
|---|---|---|---|---|---|---|
5751
QuinStreet
QNST
$1.18B
| $187K | ﹤0.01% |
21,137
-44,546
| -68% | -$449K |
|
|
MLNK
5752
DELISTED
MeridianLink
MLNK
| $187K | ﹤0.01% |
8,968
-1,914
| -18% | -$34.2K |
|
|
NOA
5753
North American Construction
NOA
$375M
| $186K | ﹤0.01% |
9,711
-4,192
| -30% | -$78.7K |
|
|
LX
5754
LexinFintech Holdings
LX
$224M
| $185K | ﹤0.01% |
80,791
-20,211
| -20% | -$49K |
|
5755
Viant Technology
DSP
$275M
| $185K | ﹤0.01% |
40,121
+2,840
| +8% | +$12.6K |
|
5756
Lifecore Biomedical
LFCR
$179M
| $185K | ﹤0.01% |
19,103
-19,024
| -50% | -$116K |
|
5757
Fidelity International High Dividend ETF
FIDI
$365M
| $185K | ﹤0.01% |
9,615
-14,273
| -60% | -$275K |
|
5758
Funko
FNKO
$344M
| $185K | ﹤0.01% |
17,060
-8,299
| -33% | -$91.3K |
|
|
MNK
5759
DELISTED
Mallinckrodt plc
MNK
| $184K | ﹤0.01% |
156,282
-60
| -0% | -$213 |
|
5760
State Street SPDR S&P Kensho Final Frontiers ETF
ROKT
$220M
| $184K | ﹤0.01% |
4,210
-831
| -16% | -$34.2K |
|
|
ALPN
5761
DELISTED
Alpine Immune Sciences Inc
ALPN
| $184K | ﹤0.01% |
17,915
-5,585
| -24% | -$50.4K |
|
5762
Strive US Energy ETF
DRLL
$306M
| $184K | ﹤0.01% |
6,715
+1,695
| +34% | +$46.4K |
|
5763
Riley Exploration Permian
REPX
$800M
| $183K | ﹤0.01% |
5,121
-5,244
| -51% | -$205K |
|
5764
BRC Inc
BRCC
$213M
| $183K | ﹤0.01% |
35,407
-722
| -2% | -$3.82K |
|
5765
VTEX
VTEX
$618M
| $183K | ﹤0.01% |
38,031
+37,826
| +18,452% | +$150K |
|
|
DMB
5766
BNY Mellon Municipal Bond Infrastructure Fund
DMB
$198M
| $182K | ﹤0.01% |
16,910
-3,000
| -15% | -$32.6K |
|
|
SFE
5767
DELISTED
Safeguard Scientifics, Inc.
SFE
| $182K | ﹤0.01% |
110,234
-18,552
| -14% | -$32.4K |
|
5768
Cooper-Standard Automotive
CPS
$506M
| $182K | ﹤0.01% |
12,738
-7,339
| -37% | -$89.4K |
|
5769
Nkarta
NKTX
$167M
| $181K | ﹤0.01% |
82,817
-43,728
| -35% | -$192K |
|
|
FEI
5770
DELISTED
FIRST TRUST MLP AND ENERGY INCOME FUND
FEI
| $181K | ﹤0.01% |
23,450
-10,227
| -30% | -$78.1K |
|
5771
Douglas Elliman
DOUG
$185M
| $181K | ﹤0.01% |
81,412
-23,615
| -22% | -$64.8K |
|
5772
Primis Financial Corp
FRST
$413M
| $180K | ﹤0.01% |
21,425
-5,947
| -22% | -$49.7K |
|
5773
C&F Financial
CFFI
$287M
| $180K | ﹤0.01% |
3,354
+2,601
| +345% | +$138K |
|
5774
Atlanticus Holdings
ATLC
$1.56B
| $180K | ﹤0.01% |
4,280
+603
| +16% | +$19.8K |
|
5775
Cato Corp
CATO
$67.9M
| $179K | ﹤0.01% |
22,351
-7,275
| -25% | -$60.4K |
|
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.