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 | |
|---|---|---|---|---|---|---|
651
Invesco S&P 500 Pure Value ETF
RPV
$1.74B
| $176M | 0.02% |
2,266,936
-401,334
| -15% | -$30M |
|
652
Huntington Bancshares
HBAN
$36.1B
| $176M | 0.02% |
16,303,406
-1,790,135
| -10% | -$19.1M |
|
653
International Flavors & Fragrances
IFF
$21.4B
| $175M | 0.02% |
2,198,903
+247,080
| +13% | +$21.3M |
|
|
IBDO
654
DELISTED
iShares iBonds Dec 2023 Term Corporate ETF
IBDO
| $175M | 0.02% |
6,918,481
-404,138
| -6% | -$10.2M |
|
655
Markel Group
MKL
$22.7B
| $175M | 0.02% |
126,286
-5,520
| -4% | -$7.4M |
|
656
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$15B
| $173M | 0.02% |
1,996,277
-3,915,849
| -66% | -$334M |
|
657
CALL
Accenture
ACN
$109B
| $172M | 0.02% |
557,200
+547,100
| +5,417% | +$159M |
|
658
Bio-Rad Laboratories Class A
BIO
$9.6B
| $170M | 0.02% |
447,457
-12,758
| -3% | -$5.19M |
|
|
IBDP
659
DELISTED
iShares iBonds Dec 2024 Term Corporate ETF
IBDP
| $170M | 0.02% |
6,885,628
-359,046
| -5% | -$8.83M |
|
660
Ciena
CIEN
$64.9B
| $169M | 0.02% |
3,984,838
-67,667
| -2% | -$3.08M |
|
661
PUT
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.68B
| $169M | 0.02% |
1,313,300
-1,289,500
| -50% | -$162M |
|
662
First Trust Dow Jones Internet Index Fund ETF
FDN
$5.39B
| $169M | 0.02% |
1,038,034
+103,773
| +11% | +$15.6M |
|
663
BHP
BHP
$223B
| $168M | 0.02% |
2,823,548
-945,434
| -25% | -$56.4M |
|
664
T. Rowe Price
TROW
$23.6B
| $168M | 0.02% |
1,503,940
-332,287
| -18% | -$36.4M |
|
665
Snap-on
SNA
$20.9B
| $168M | 0.02% |
581,987
-108,934
| -16% | -$28.2M |
|
666
iShares ESG Optimized MSCI USA ETF
SUSA
$4.2B
| $167M | 0.02% |
1,786,183
-190,502
| -10% | -$16.9M |
|
667
State Street SPDR Portfolio Developed World ex-US ETF
SPDW
$42.1B
| $167M | 0.02% |
5,134,267
-1,182,468
| -19% | -$38.6M |
|
668
Vanguard International High Dividend Yield ETF
VYMI
$21.3B
| $166M | 0.02% |
2,631,756
+182,104
| +7% | +$11.5M |
|
669
Sun Life Financial
SLF
$44.6B
| $166M | 0.02% |
3,188,374
+901,702
| +39% | +$44.3M |
|
670
Interactive Brokers
IBKR
$41.8B
| $166M | 0.02% |
8,001,152
+569,300
| +8% | +$11.2M |
|
|
BKI
671
DELISTED
Black Knight, Inc. Common Stock
BKI
| $166M | 0.02% |
2,780,817
-492,534
| -15% | -$27.6M |
|
672
State Street SPDR MSCI ACWI ex-US ETF
CWI
$2.88B
| $166M | 0.02% |
6,348,377
+194,787
| +3% | +$5.06M |
|
673
Booz Allen Hamilton
BAH
$9.39B
| $165M | 0.02% |
1,481,742
-153,313
| -9% | -$15.2M |
|
674
CALL
Merck
MRK
$332B
| $165M | 0.02% |
1,432,400
+148,600
| +12% | +$16.9M |
|
675
Middleby
MIDD
$5.27B
| $165M | 0.02% |
1,117,099
+65,881
| +6% | +$9.29M |
|
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.