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 | |
|---|---|---|---|---|---|---|
826
State Street SPDR Portfolio S&P 600 Small Cap ETF
SPSM
$17.6B
| $114M | 0.01% |
2,929,590
+1,672,805
| +133% | +$62.2M |
|
827
Ryanair
RYAAY
$30.7B
| $114M | 0.01% |
2,569,063
+123,815
| +5% | +$4.99M |
|
828
GE HealthCare
GEHC
$33.3B
| $114M | 0.01% |
1,398,579
-148,393
| -10% | -$11.8M |
|
829
IDEX
IEX
$17.6B
| $113M | 0.01% |
526,293
-51,517
| -9% | -$10.8M |
|
830
WEX
WEX
$6.78B
| $113M | 0.01% |
621,681
-144,857
| -19% | -$25.7M |
|
|
BLD
831
DELISTED
TopBuild
BLD
| $113M | 0.01% |
425,138
-49,048
| -10% | -$10.8M |
|
832
Avantor
AVTR
$9.37B
| $113M | 0.01% |
5,505,051
-221,691
| -4% | -$4.48M |
|
833
M&T Bank
MTB
$36.6B
| $113M | 0.01% |
912,637
-189,005
| -17% | -$22.9M |
|
834
DTE Energy
DTE
$29B
| $113M | 0.01% |
1,023,093
-186,939
| -15% | -$20.8M |
|
835
Tyler Technologies
TYL
$13.5B
| $112M | 0.01% |
270,125
-55,970
| -17% | -$21.6M |
|
|
DFAI
836
Dimensional International Core Equity Market ETF
DFAI
$18B
| $112M | 0.01% |
4,105,326
+2,274,203
| +124% | +$62.2M |
|
837
State Street SPDR Bloomberg 3-12 Month T-Bill ETF
BILS
$3.91B
| $112M | 0.01% |
1,125,912
+143,883
| +15% | +$14.3M |
|
838
PUT
VanEck Oil Services ETF
OIH
$1.95B
| $112M | 0.01% |
388,900
+78,900
| +25% | +$21.4M |
|
839
Moog Inc Class A
MOG.A
$13.5B
| $111M | 0.01% |
1,027,728
-59,516
| -5% | -$5.91M |
|
840
iShares MSCI United Kingdom ETF
EWU
$4.13B
| $111M | 0.01% |
3,441,925
+12,239
| +0.4% | +$403K |
|
841
Old Dominion Freight Line
ODFL
$44.7B
| $111M | 0.01% |
601,652
-193,992
| -24% | -$31.4M |
|
842
WisdomTree International Hedged Quality Dividend Growth Fund
IHDG
$2.26B
| $111M | 0.01% |
2,762,439
-227,659
| -8% | -$9.12M |
|
|
843
CALL
VanEck Oil Services ETF
OIH
$1.95B
| $111M | 0.01% |
385,000
-87,000
| -18% | -$23.6M |
|
844
GraniteShares Gold Shares
BAR
$1.46B
| $110M | 0.01% |
5,803,026
+38,427
| +0.7% | +$752K |
|
845
Goldman Sachs ActiveBeta International Equity ETF
GSIE
$6.16B
| $110M | 0.01% |
3,513,415
+361,005
| +11% | +$11.3M |
|
846
Insperity
NSP
$2.05B
| $110M | 0.01% |
925,903
+716,687
| +343% | +$85.1M |
|
847
Align Technology
ALGN
$12.5B
| $110M | 0.01% |
311,100
-58,994
| -16% | -$18.8M |
|
848
CarMax
KMX
$8.52B
| $110M | 0.01% |
1,311,369
-304,924
| -19% | -$22.3M |
|
849
Telus
TU
$15.2B
| $110M | 0.01% |
5,637,850
-573,104
| -9% | -$11.5M |
|
850
Brown & Brown
BRO
$24B
| $110M | 0.01% |
1,593,358
-263,168
| -14% | -$16.7M |
|
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.