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 | |
|---|---|---|---|---|---|---|
801
CALL
Citigroup
C
$233B
| $122M | 0.01% |
2,646,600
+696,400
| +36% | +$32.6M |
|
802
WisdomTree US Total Dividend Fund
DTD
$1.7B
| $122M | 0.01% |
1,957,988
+128,136
| +7% | +$7.76M |
|
803
iShares MSCI EAFE Small-Cap ETF
SCZ
$13.6B
| $121M | 0.01% |
2,055,720
-119,292
| -5% | -$7.14M |
|
804
iShares 10+ Year Investment Grade Corporate Bond ETF
IGLB
$2.8B
| $121M | 0.01% |
2,350,310
-9,568
| -0.4% | -$492K |
|
805
Best Buy
BBY
$18B
| $121M | 0.01% |
1,474,882
-407,696
| -22% | -$30.5M |
|
806
KraneShares CSI China Internet ETF
KWEB
$5.31B
| $120M | 0.01% |
4,467,134
-956,649
| -18% | -$26.6M |
|
807
Broadridge
BR
$19.6B
| $119M | 0.01% |
719,896
-253,720
| -26% | -$38.4M |
|
808
PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund
CORP
$1.58B
| $119M | 0.01% |
1,254,795
+67,332
| +6% | +$6.41M |
|
809
Lucid Motors
LCID
$2.54B
| $119M | 0.01% |
1,721,804
+1,480,628
| +614% | +$106M |
|
810
SPDR Gold MiniShares Trust
GLDM
$29.8B
| $118M | 0.01% |
3,104,867
+1,120,601
| +56% | +$44M |
|
811
Diodes
DIOD
$4.48B
| $118M | 0.01% |
1,277,276
-298,908
| -19% | -$26.3M |
|
812
Voya Financial
VOYA
$9.16B
| $118M | 0.01% |
1,646,019
-292,854
| -15% | -$21M |
|
813
AvalonBay Communities
AVB
$26.3B
| $118M | 0.01% |
623,187
-232,962
| -27% | -$41.6M |
|
814
CALL
Bank of Montreal
BMO
$129B
| $118M | 0.01% |
1,305,000
| – | – |
|
815
Cenovus Energy
CVE
$56.4B
| $118M | 0.01% |
6,934,328
-6,568,008
| -49% | -$111M |
|
816
PUT
UBS Group
UBS
$176B
| $117M | 0.01% |
5,780,000
-2,800,000
| -33% | -$56.3M |
|
|
IBTD
817
DELISTED
iShares iBonds Dec 2023 Term Treasury ETF
IBTD
| $116M | 0.01% |
4,686,231
+792,494
| +20% | +$19.6M |
|
818
WisdomTree Yield Enhanced US Aggregate Bond Fund
AGGY
$926M
| $116M | 0.01% |
2,696,900
-1,562,895
| -37% | -$67.9M |
|
819
Jacobs Solutions
J
$16.8B
| $116M | 0.01% |
1,180,216
-276,318
| -19% | -$26.3M |
|
820
PUT
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.5B
| $116M | 0.01% |
1,364,000
+1,264,000
| +1,264% | +$96.8M |
|
821
Toyota
TM
$223B
| $116M | 0.01% |
718,875
+52,133
| +8% | +$7.5M |
|
|
B
822
DELISTED
Barnes Group Inc.
B
| $115M | 0.01% |
2,723,004
+49,002
| +2% | +$1.99M |
|
|
PPL
823
PPL Corp
PPL
$26.8B
| $115M | 0.01% |
4,333,977
-959,153
| -18% | -$26.5M |
|
824
iShares iBonds Dec 2027 Term Corporate ETF
IBDS
$3.87B
| $114M | 0.01% |
4,873,550
+562,877
| +13% | +$13.3M |
|
825
Apollo Global Management
APO
$84.8B
| $114M | 0.01% |
1,489,348
-551,002
| -27% | -$36.8M |
|
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.