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 |
Vanguard Morningstar Value ETF
VTV
|
+$3.48B |
| 2 |
Schwab Short-Term US Treasury ETF
SCHO
|
+$2.49B |
| 3 |
Invesco QQQ Trust
QQQ
|
+$2.36B |
| 4 |
Apple
AAPL
|
+$2.28B |
| 5 |
Amazon
AMZN
|
+$1.74B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$3.15B |
| 2 |
iShares Core MSCI EAFE ETF
IEFA
|
+$2.87B |
| 3 |
iShares MBS ETF
MBB
|
+$990M |
| 4 |
Vanguard Dividend Appreciation ETF
VIG
|
+$897M |
| 5 |
Chevron
CVX
|
+$863M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 12.41% |
| 2 | Healthcare | 6.97% |
| 3 | Financials | 6.77% |
| 4 | Consumer Discretionary | 5.53% |
| 5 | Industrials | 5.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
701
Clorox
CLX
$12.9B
| $169M | 0.02% |
1,065,676
+56,462
| +6% | +$8.47M |
|
702
Xtrackers MSCI EAFE Hedged Equity ETF
DBEF
$9.46B
| $168M | 0.02% |
4,784,986
+190,136
| +4% | +$6.55M |
|
703
Markel Group
MKL
$22.8B
| $168M | 0.02% |
131,806
-45
| -0% | -$59.8K |
|
704
Zurn Elkay Water Solutions
ZWS
$8.41B
| $168M | 0.02% |
7,857,541
+374,409
| +5% | +$8.24M |
|
705
PUT
Wells Fargo
WFC
$266B
| $167M | 0.02% |
4,472,500
+95,800
| +2% | +$4.18M |
|
706
Veeva Systems
VEEV
$41B
| $167M | 0.02% |
908,839
+70,233
| +8% | +$12M |
|
707
iShares MSCI Global Min Vol Factor ETF
ACWV
$3.38B
| $166M | 0.02% |
1,719,409
-80,884
| -4% | -$7.71M |
|
708
Vanguard Communication Services ETF
VOX
$5.88B
| $166M | 0.02% |
1,718,422
-853,990
| -33% | -$78.7M |
|
709
SAP
SAP
$242B
| $166M | 0.02% |
1,311,135
+297,217
| +29% | +$34.9M |
|
710
Blackstone Secured Lending
BXSL
$5.83B
| $165M | 0.02% |
6,630,070
+73,428
| +1% | +$1.8M |
|
711
Airbnb
ABNB
$111B
| $164M | 0.02% |
1,316,899
+132,891
| +11% | +$15.2M |
|
712
Atlassian
TEAM
$42.1B
| $164M | 0.02% |
955,338
+77,533
| +9% | +$12.4M |
|
713
Baker Hughes
BKR
$63B
| $164M | 0.02% |
5,666,008
+668,378
| +13% | +$20.2M |
|
714
PG&E
PCG
$38.5B
| $163M | 0.02% |
10,109,661
+4,981,403
| +97% | +$78.7M |
|
715
Delta Air Lines
DAL
$60B
| $163M | 0.02% |
4,665,667
+639,261
| +16% | +$23.7M |
|
716
Canadian Imperial Bank of Commerce
CM
$112B
| $163M | 0.02% |
3,834,581
+321,068
| +9% | +$14.1M |
|
717
Cedar Fair
FUN
$1.71B
| $161M | 0.02% |
3,516,915
+946,782
| +37% | +$41.6M |
|
718
EQT Corp
EQT
$33.8B
| $159M | 0.02% |
4,996,349
-176,731
| -3% | -$5.67M |
|
719
Schwab Fundamental International Large Company Index ETF
FNDF
$25.8B
| $159M | 0.02% |
5,095,975
+386,534
| +8% | +$12M |
|
720
Eastman Chemical
EMN
$8.43B
| $159M | 0.02% |
1,885,179
+296,610
| +19% | +$25.5M |
|
721
iQIYI
IQ
$1.31B
| $159M | 0.02% |
21,776,570
-1,397,750
| -6% | -$9.59M |
|
722
State Street SPDR MSCI ACWI ex-US ETF
CWI
$2.88B
| $158M | 0.02% |
6,153,590
-5,747,370
| -48% | -$146M |
|
723
PUT
American Airlines Group
AAL
$9.97B
| $158M | 0.02% |
10,690,800
+2,211,800
| +26% | +$34.5M |
|
724
KeyCorp
KEY
$24.6B
| $157M | 0.02% |
12,559,541
-767,255
| -6% | -$13M |
|
725
CALL
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.5B
| $157M | 0.02% |
2,100,000
+1,864,000
| +790% | +$134M |
|
Similar funds
Bank of America's Q1 2023 Portfolio in Review
As of Q1 2023, Bank of America held 8,720 positions worth $974B, up 11% from $878B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Bank of America deployed $44.8B of net new capital in Q1 2023, opening 508 new positions and adding to 4,009 existing holdings. Its largest new stake was GE HealthCare: 1,546,972 shares worth $127M.
By sector, the portfolio is most concentrated in Technology at 12% of assets, up from 10% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was iShares Core S&P 500 ETF, an estimated $3.15B trimmed.
- Bank of America's largest Q1 2023 buy was GE HealthCare: 1,546,972 shares worth $127M.
- Bank of America added most to Vanguard Morningstar Value ETF in Q1 2023, an estimated $3.48B increase.
- Bank of America's biggest Q1 2023 reduction was iShares Core S&P 500 ETF, cutting an estimated $3.15B.
- Bank of America fully exited SVB Financial Group in Q1 2023, selling an estimated $121M.
- Bank of America's ten largest holdings make up 16% of its $974B portfolio in Q1 2023.
- Bank of America opened 508 new positions and closed 926 in Q1 2023.
- Bank of America's portfolio value rose 11% quarter-over-quarter to $974B.
Based on Bank of America's 13F filing for Q1 2023, filed 12 May 2023.