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 | |
|---|---|---|---|---|---|---|
701
Baker Hughes
BKR
$63B
| $155M | 0.02% |
4,899,151
-766,857
| -14% | -$22.4M |
|
702
Blackstone Secured Lending
BXSL
$5.8B
| $154M | 0.02% |
5,627,020
-1,003,050
| -15% | -$25.8M |
|
703
Entegris
ENTG
$25.3B
| $154M | 0.02% |
1,388,708
-329,707
| -19% | -$30.1M |
|
704
Thomson Reuters
TRI
$44.8B
| $153M | 0.02% |
1,114,907
-311,032
| -22% | -$41.7M |
|
705
Wheaton Precious Metals
WPM
$60B
| $152M | 0.02% |
3,517,381
-516,260
| -13% | -$24.5M |
|
706
eBay
EBAY
$46.2B
| $152M | 0.02% |
3,393,877
-853,322
| -20% | -$37.9M |
|
707
iShares US Regional Banks ETF
IAT
$690M
| $152M | 0.02% |
4,480,253
-1,639,061
| -27% | -$55.1M |
|
708
Pultegroup
PHM
$24.8B
| $151M | 0.02% |
1,944,698
-277,541
| -12% | -$18.8M |
|
709
Veeva Systems
VEEV
$40B
| $150M | 0.02% |
756,706
-152,133
| -17% | -$27.7M |
|
|
IBDQ
710
DELISTED
iShares iBonds Dec 2025 Term Corporate ETF
IBDQ
| $150M | 0.02% |
6,136,642
-255,533
| -4% | -$6.26M |
|
711
Eastman Chemical
EMN
$8.38B
| $149M | 0.02% |
1,778,668
-106,511
| -6% | -$8.66M |
|
712
Petrobras
PBR
$116B
| $149M | 0.02% |
10,762,490
-1,889,366
| -15% | -$23M |
|
|
FITB
713
Fifth Third Bancorp
FITB
$52.6B
| $149M | 0.02% |
5,676,794
-13,118,533
| -70% | -$338M |
|
714
CALL
Chevron
CVX
$387B
| $149M | 0.02% |
944,000
+273,500
| +41% | +$43.8M |
|
715
Blue Owl Capital
OBDC
$5.87B
| $148M | 0.02% |
11,038,024
+937,250
| +9% | +$12.3M |
|
716
Texas Roadhouse
TXRH
$13.7B
| $148M | 0.02% |
1,318,846
-1,040,668
| -44% | -$114M |
|
717
CONMED
CNMD
$1.49B
| $148M | 0.02% |
1,086,892
-43,080
| -4% | -$5.26M |
|
718
Ulta Beauty
ULTA
$22.2B
| $147M | 0.02% |
313,071
-91,978
| -23% | -$45.1M |
|
719
Arthur J. Gallagher & Co
AJG
$64.7B
| $147M | 0.02% |
670,918
-279,289
| -29% | -$58.1M |
|
720
PUT
iShares China Large-Cap ETF
FXI
$4.15B
| $147M | 0.02% |
5,410,000
+3,180,000
| +143% | +$89.2M |
|
721
International Paper
IP
$21.7B
| $147M | 0.02% |
4,622,792
-1,317,458
| -22% | -$43.2M |
|
722
State Street SPDR Portfolio S&P 500 High Dividend ETF
SPYD
$7.76B
| $147M | 0.02% |
3,963,556
-1,701,570
| -30% | -$62.8M |
|
723
Prudential Financial
PRU
$42.9B
| $147M | 0.02% |
1,662,150
-511,743
| -24% | -$42.8M |
|
|
BNY
724
Bank of New York Mellon
BNY
$110B
| $146M | 0.02% |
3,287,068
+46,799
| +1% | +$2.01M |
|
725
APA Corp
APA
$13.9B
| $146M | 0.02% |
4,280,762
-2,281,780
| -35% | -$79.6M |
|
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.