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 | |
|---|---|---|---|---|---|---|
751
CF Industries
CF
$17.6B
| $136M | 0.01% |
1,960,329
-617,718
| -24% | -$43.1M |
|
752
Liberty Broadband Class C
LBRDK
$5.3B
| $135M | 0.01% |
1,689,722
-521,469
| -24% | -$40.3M |
|
753
State Street SPDR S&P 600 Small Cap Value ETF
SLYV
$5.11B
| $135M | 0.01% |
1,753,521
+161,716
| +10% | +$12M |
|
754
Amdocs
DOX
$6.25B
| $135M | 0.01% |
1,365,325
+264,988
| +24% | +$24.9M |
|
755
iShares Core MSCI Europe ETF
IEUR
$9.15B
| $135M | 0.01% |
2,559,744
-3,172
| -0.1% | -$169K |
|
756
iShares iBonds Dec 2026 Term Corporate ETF
IBDR
$3.38B
| $135M | 0.01% |
5,735,422
+32,572
| +0.6% | +$770K |
|
757
HSBC
HSBC
$357B
| $134M | 0.01% |
3,372,064
+4,462
| +0.1% | +$167K |
|
758
Edison International
EIX
$27.2B
| $133M | 0.01% |
1,920,753
-884,389
| -32% | -$62.2M |
|
759
Fox Class A
FOXA
$27.4B
| $133M | 0.01% |
3,920,065
-325,658
| -8% | -$10.7M |
|
760
MGM Resorts International
MGM
$11B
| $133M | 0.01% |
3,033,267
-408,404
| -12% | -$17.4M |
|
761
Snowflake
SNOW
$117B
| $132M | 0.01% |
749,612
-370,055
| -33% | -$60.2M |
|
762
Invesco Aerospace & Defense ETF
PPA
$8.67B
| $131M | 0.01% |
1,555,318
+31,452
| +2% | +$2.54M |
|
763
GATX Corp
GATX
$6.33B
| $131M | 0.01% |
1,019,527
-1,678
| -0.2% | -$196K |
|
764
CDW
CDW
$17.6B
| $131M | 0.01% |
712,048
-206,633
| -22% | -$36.1M |
|
765
Airbnb
ABNB
$111B
| $131M | 0.01% |
1,019,503
-297,396
| -23% | -$34.8M |
|
766
Huntington Ingalls Industries
HII
$12.9B
| $131M | 0.01% |
573,684
-151,401
| -21% | -$31.4M |
|
767
Tenet Healthcare
THC
$21.5B
| $130M | 0.01% |
1,603,061
+144,039
| +10% | +$10.3M |
|
768
Sea Limited
SE
$75.9B
| $130M | 0.01% |
2,243,142
-78,623
| -3% | -$5.61M |
|
769
Cardinal Health
CAH
$53.6B
| $130M | 0.01% |
1,371,351
-254,724
| -16% | -$21.5M |
|
770
Franklin FTSE Canada ETF
FLCA
$863M
| $130M | 0.01% |
4,101,800
+29,310
| +0.7% | +$917K |
|
771
Howmet Aerospace
HWM
$112B
| $129M | 0.01% |
2,612,225
-451,999
| -15% | -$20.1M |
|
772
iShares US Financials ETF
IYF
$4.44B
| $129M | 0.01% |
1,735,047
-167,121
| -9% | -$12M |
|
|
CNH
773
CNH Industrial
CNH
$16.7B
| $129M | 0.01% |
8,939,771
-637,933
| -7% | -$8.96M |
|
774
iShares MSCI Mexico ETF
EWW
$1.87B
| $128M | 0.01% |
2,065,963
+668,448
| +48% | +$40.9M |
|
775
Teleflex
TFX
$5.78B
| $128M | 0.01% |
529,205
-72,135
| -12% | -$18.1M |
|
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.