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 | |
|---|---|---|---|---|---|---|
|
VPU
851
Vanguard Utilities ETF
VPU
$8.52B
| $110M | 0.01% |
771,405
+67,029
| +10% | +$9.82M |
|
852
First Trust Preferred Securities and Income ETF
FPE
$6.34B
| $109M | 0.01% |
6,820,878
+102,478
| +2% | +$1.63M |
|
853
Cameco
CCJ
$42.6B
| $109M | 0.01% |
3,473,574
+65,345
| +2% | +$1.84M |
|
854
Deutsche Bank
DB
$72.1B
| $109M | 0.01% |
10,331,714
-69,085
| -0.7% | -$728K |
|
855
iShares US Healthcare ETF
IYH
$3.77B
| $109M | 0.01% |
1,937,755
-120,880
| -6% | -$6.72M |
|
|
VMW
856
DELISTED
VMware, Inc
VMW
| $108M | 0.01% |
754,835
-410,685
| -35% | -$53.3M |
|
857
iShares US Medical Devices ETF
IHI
$3.48B
| $108M | 0.01% |
1,917,170
-233,251
| -11% | -$12.8M |
|
858
Arrow Electronics
ARW
$10.6B
| $108M | 0.01% |
754,596
-94,815
| -11% | -$11.8M |
|
859
BJs Wholesale Club
BJ
$11.9B
| $108M | 0.01% |
1,712,154
+107,654
| +7% | +$7.45M |
|
860
PUT
Chevron
CVX
$388B
| $108M | 0.01% |
684,900
+218,700
| +47% | +$35.1M |
|
861
PUT
Eli Lilly
LLY
$1.08T
| $108M | 0.01% |
229,700
-184,800
| -45% | -$77.5M |
|
862
Etsy
ETSY
$7.4B
| $108M | 0.01% |
1,271,213
-410,436
| -24% | -$38.7M |
|
863
Qiagen
QGEN
$8.93B
| $107M | 0.01% |
2,247,034
-23,129
| -1% | -$1.11M |
|
|
BSCP
864
DELISTED
Invesco BulletShares 2025 Corporate Bond ETF
BSCP
| $107M | 0.01% |
5,322,686
+171,698
| +3% | +$3.48M |
|
865
FMC
FMC
$1.27B
| $107M | 0.01% |
1,026,260
-65,387
| -6% | -$7.35M |
|
866
PUT
Morgan Stanley
MS
$343B
| $107M | 0.01% |
1,251,100
+140,300
| +13% | +$12M |
|
867
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
$11.6B
| $107M | 0.01% |
3,325,680
+1,070,898
| +47% | +$34.6M |
|
868
CALL
Toronto Dominion Bank
TD
$203B
| $107M | 0.01% |
1,718,600
-39,200
| -2% | -$2.36M |
|
869
Tetra Tech
TTEK
$9.33B
| $106M | 0.01% |
3,250,950
-319,810
| -9% | -$9.41M |
|
870
Papa John's
PZZA
$804M
| $106M | 0.01% |
1,440,793
+313,545
| +28% | +$23.3M |
|
871
Coinbase
COIN
$40.6B
| $106M | 0.01% |
1,485,749
+407,699
| +38% | +$24.3M |
|
872
iShares Russell Top 200 Growth ETF
IWY
$16.7B
| $106M | 0.01% |
668,783
-14,601
| -2% | -$2.13M |
|
873
PG&E
PCG
$38.5B
| $106M | 0.01% |
6,134,220
-3,975,441
| -39% | -$67.3M |
|
874
Expedia Group
EXPE
$39.4B
| $106M | 0.01% |
965,615
-188,327
| -16% | -$18.5M |
|
875
CALL
ExxonMobil
XOM
$652B
| $105M | 0.01% |
978,300
-1,619,600
| -62% | -$177M |
|
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.