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 | |
|---|---|---|---|---|---|---|
576
Aflac
AFL
$60.8B
| $216M | 0.02% |
3,091,010
-1,001,972
| -24% | -$67.1M |
|
577
Zimmer Biomet
ZBH
$18.9B
| $215M | 0.02% |
1,478,539
-212,106
| -13% | -$28.8M |
|
578
Vanguard Communication Services ETF
VOX
$5.86B
| $214M | 0.02% |
2,014,123
+295,701
| +17% | +$29.7M |
|
579
Janus Henderson Mortgage-Backed Securities ETF
JMBS
$6.78B
| $214M | 0.02% |
4,671,376
+2,807,788
| +151% | +$130M |
|
580
LyondellBasell Industries
LYB
$20.1B
| $212M | 0.02% |
2,312,006
+199,932
| +9% | +$18.3M |
|
|
FISV
581
Fiserv Inc
FISV
$28.2B
| $212M | 0.02% |
1,682,248
-1,129,219
| -40% | -$133M |
|
582
Arista Networks
ANET
$263B
| $211M | 0.02% |
5,202,268
-1,543,152
| -23% | -$59.7M |
|
583
VanEck Oil Services ETF
OIH
$1.95B
| $210M | 0.02% |
731,395
-193,072
| -21% | -$52.4M |
|
584
Eversource Energy
ES
$27.2B
| $210M | 0.02% |
2,957,613
-257,733
| -8% | -$19.2M |
|
585
Nucor
NUE
$61.6B
| $208M | 0.02% |
1,270,832
-93,921
| -7% | -$13.7M |
|
586
WisdomTree Emerging Markets High Dividend Fund
DEM
$3.99B
| $208M | 0.02% |
5,433,514
+180,833
| +3% | +$6.95M |
|
587
PUT
Nu Holdings
NU
$67.4B
| $208M | 0.02% |
26,334,500
+20,444,600
| +347% | +$126M |
|
588
Nuveen ESG Small-Cap ETF
NUSC
$1.35B
| $206M | 0.02% |
5,578,405
+145,668
| +3% | +$5.15M |
|
589
Suncor Energy
SU
$75.1B
| $206M | 0.02% |
7,031,983
-599,007
| -8% | -$17.9M |
|
590
CALL
Eli Lilly
LLY
$1.09T
| $206M | 0.02% |
438,500
+179,100
| +69% | +$75.1M |
|
591
Synopsys
SNPS
$79.5B
| $206M | 0.02% |
472,191
-215,051
| -31% | -$86.6M |
|
592
PUT
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$32.9B
| $205M | 0.02% |
1,900,000
+1,050,000
| +124% | +$114M |
|
593
Archer Daniels Midland
ADM
$38.8B
| $205M | 0.02% |
2,706,819
-936,115
| -26% | -$70.9M |
|
594
Brookfield
BN
$109B
| $204M | 0.02% |
9,104,463
-2,636,690
| -22% | -$55.9M |
|
595
Ametek
AME
$58.9B
| $203M | 0.02% |
1,256,045
-88,427
| -7% | -$12.9M |
|
596
Kroger
KR
$34.8B
| $203M | 0.02% |
4,320,946
-781,069
| -15% | -$37.3M |
|
597
Moody's
MCO
$83.3B
| $203M | 0.02% |
582,897
-138,863
| -19% | -$44M |
|
598
Warner Bros
WBD
$70.2B
| $203M | 0.02% |
16,155,801
-657,751
| -4% | -$8.54M |
|
599
Reinsurance Group of America
RGA
$16.3B
| $202M | 0.02% |
1,453,336
-90,395
| -6% | -$12.9M |
|
600
Fidelity Total Bond ETF
FBND
$27.4B
| $201M | 0.02% |
4,429,773
+1,348,528
| +44% | +$61.7M |
|
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.