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 | |
|---|---|---|---|---|---|---|
876
CALL
Morgan Stanley
MS
$343B
| $105M | 0.01% |
1,228,200
+447,100
| +57% | +$38.2M |
|
877
iShares MSCI Canada ETF
EWC
$6.55B
| $104M | 0.01% |
2,977,965
-288,713
| -9% | -$10M |
|
878
Axalta
AXTA
$7.93B
| $104M | 0.01% |
3,175,699
+122,025
| +4% | +$3.79M |
|
879
Vistra
VST
$49.1B
| $104M | 0.01% |
3,967,708
+268,165
| +7% | +$6.55M |
|
880
Citizens Financial Group
CFG
$31.2B
| $104M | 0.01% |
3,989,671
-911,955
| -19% | -$25.1M |
|
881
Diamondback Energy
FANG
$55.9B
| $104M | 0.01% |
791,445
-316,500
| -29% | -$42.4M |
|
882
Houlihan Lokey
HLI
$9.24B
| $104M | 0.01% |
1,055,504
-350,472
| -25% | -$31.7M |
|
883
Itaú Unibanco
ITUB
$80.9B
| $103M | 0.01% |
19,842,939
-264,864
| -1% | -$1.25M |
|
884
Prudential
PUK
$34.5B
| $103M | 0.01% |
3,645,525
+130,153
| +4% | +$3.73M |
|
885
CALL
Enbridge
ENB
$112B
| $103M | 0.01% |
2,775,000
| – | – |
|
886
State Street SPDR S&P 600 Small Cap Growth ETF
SLYG
$5.23B
| $102M | 0.01% |
1,329,373
+146,206
| +12% | +$10.7M |
|
887
CALL
AbbVie
ABBV
$443B
| $102M | 0.01% |
758,600
-507,200
| -40% | -$74.4M |
|
888
Paycom
PAYC
$10.1B
| $102M | 0.01% |
317,446
+31,627
| +11% | +$9.33M |
|
889
KeyCorp
KEY
$24.6B
| $102M | 0.01% |
11,029,481
-1,530,060
| -12% | -$16M |
|
890
Invesco S&P 500 Revenue ETF
RWL
$10B
| $101M | 0.01% |
1,265,753
+259,210
| +26% | +$19.9M |
|
891
Avery Dennison
AVY
$13.6B
| $101M | 0.01% |
588,533
-147,689
| -20% | -$25.2M |
|
892
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.56B
| $101M | 0.01% |
2,195,067
-248,144
| -10% | -$11.3M |
|
893
First Trust Senior Loan Fund ETF
FTSL
$2.33B
| $100M | 0.01% |
2,213,493
-42,054
| -2% | -$1.9M |
|
894
Ares Capital
ARCC
$14.5B
| $100M | 0.01% |
5,331,548
+301,665
| +6% | +$5.57M |
|
895
Boston Properties
BXP
$11B
| $100M | 0.01% |
1,737,008
+405
| +0% | +$21.1K |
|
896
MongoDB
MDB
$38B
| $99.8M | 0.01% |
242,825
-321,569
| -57% | -$93.8M |
|
|
BSCO
897
DELISTED
Invesco BulletShares 2024 Corporate Bond ETF
BSCO
| $99.5M | 0.01% |
4,837,503
+215,165
| +5% | +$4.43M |
|
|
IBTE
898
DELISTED
iShares iBonds Dec 2024 Term Treasury ETF
IBTE
| $99.5M | 0.01% |
4,179,811
+197,814
| +5% | +$4.72M |
|
899
CALL
RTX Corp
RTX
$297B
| $99.5M | 0.01% |
1,015,300
+881,200
| +657% | +$86.3M |
|
900
Cullen/Frost Bankers
CFR
$10.5B
| $99.4M | 0.01% |
924,185
-32,848
| -3% | -$3.43M |
|
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.