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 | |
|---|---|---|---|---|---|---|
6026
BNY Mellon US Mid Cap Core Equity ETF
BKMC
$678M
| $108K | ﹤0.01% |
3,834
+2,292
| +149% | +$61.5K |
|
|
JBIO
6027
Jade Biosciences
JBIO
$1.57B
| $108K | ﹤0.01% |
180
-200
| -53% | -$128K |
|
6028
Direxion Daily CSI China Internet Index Bull 2X ETF
CWEB
$228M
| $108K | ﹤0.01% |
3,007
-406
| -12% | -$16.1K |
|
|
NBO
6029
DELISTED
Neuberger Berman New York Municipal Fund Inc.
NBO
| $108K | ﹤0.01% |
11,314
| – | – |
|
6030
Lake Shore Bancorp
LSBK
$135M
| $108K | ﹤0.01% |
10,000
| – | – |
|
6031
PUT
General Dynamics
GD
$107B
| $108K | ﹤0.01% |
500
| – | – |
|
6032
Princeton Bancorp
BPRN
$296M
| $107K | ﹤0.01% |
3,934
-175
| -4% | -$4.94K |
|
6033
PCB Bancorp
PCB
$399M
| $107K | ﹤0.01% |
7,274
-4,155
| -36% | -$59.2K |
|
6034
CALL
Millicom
TIGO
$15.7B
| $107K | ﹤0.01% |
7,000
| – | – |
|
6035
Graham Corp
GHM
$1.34B
| $106K | ﹤0.01% |
7,988
-14
| -0.2% | -$176 |
|
6036
Civeo
CVEO
$344M
| $106K | ﹤0.01% |
5,424
| – | – |
|
|
TESS
6037
DELISTED
Tessco Technologies Inc
TESS
| $106K | ﹤0.01% |
11,801
+5,997
| +103% | +$50.5K |
|
|
KF
6038
Korea Fund
KF
$267M
| $105K | ﹤0.01% |
4,555
-634
| -12% | -$14.2K |
|
6039
iShares International Small Cap Equity Factor ETF
ISCF
$686M
| $105K | ﹤0.01% |
3,416
-413
| -11% | -$12.8K |
|
|
RSVR
6040
Reservoir Media
RSVR
$657M
| $105K | ﹤0.01% |
17,481
+3,914
| +29% | +$24.8K |
|
6041
Perion Network
PERI
$385M
| $105K | ﹤0.01% |
3,426
-55,471
| -94% | -$1.91M |
|
|
DOCT
6042
FT Vest US Equity Deep Buffer ETF October
DOCT
$389M
| $105K | ﹤0.01% |
+3,002
| New | +$101K |
|
6043
Genelux
GNLX
$123M
| $105K | ﹤0.01% |
+3,200
| New | +$90K |
|
|
VBNK
6044
VersaBank
VBNK
$658M
| $105K | ﹤0.01% |
13,800
-2,200
| -14% | -$15.9K |
|
|
OTRK
6045
PUT
DELISTED
Ontrak
OTRK
| $104K | ﹤0.01% |
+2,456
| New | +$106K |
|
6046
AN2 Therapeutics
ANTX
$226M
| $104K | ﹤0.01% |
12,216
-13,700
| -53% | -$98.5K |
|
|
FTH
6047
Faeth Therapeutics
FTH
$836M
| $103K | ﹤0.01% |
4,539
+40
| +0.9% | +$1.17K |
|
6048
LENSAR
LNSR
$101M
| $103K | ﹤0.01% |
24,333
+22
| +0.1% | +$67 |
|
6049
American Century Focused Large Cap Value ETF
FLV
$377M
| $103K | ﹤0.01% |
1,730
+1,697
| +5,142% | +$99.7K |
|
6050
Meridian
MRBK
$240M
| $103K | ﹤0.01% |
10,539
-1,289
| -11% | -$13K |
|
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.