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 | |
|---|---|---|---|---|---|---|
951
Manulife Financial
MFC
$72.9B
| $88.8M | 0.01% |
4,698,133
-806,264
| -15% | -$15.4M |
|
952
Invesco S&P 500 Top 50 ETF
XLG
$11B
| $88.6M | 0.01% |
2,532,650
+348,080
| +16% | +$11.3M |
|
953
Cooper Companies
COO
$14.9B
| $88.6M | 0.01% |
923,960
-182,200
| -16% | -$17.1M |
|
954
ING
ING
$102B
| $88.5M | 0.01% |
6,566,677
-13,177
| -0.2% | -$168K |
|
955
FirstCash
FCFS
$9.14B
| $88.3M | 0.01% |
946,266
-70,240
| -7% | -$6.86M |
|
956
First Trust Managed Municipal ETF
FMB
$2.07B
| $88.2M | 0.01% |
1,740,421
+124,121
| +8% | +$6.29M |
|
957
CALL
Caterpillar
CAT
$393B
| $88M | 0.01% |
357,700
+144,400
| +68% | +$32.2M |
|
958
WisdomTree International Quality Dividend Growth Fund
IQDG
$732M
| $87.8M | 0.01% |
2,551,306
+680,139
| +36% | +$23.4M |
|
959
iShares MSCI Switzerland ETF
EWL
$2.22B
| $87.8M | 0.01% |
1,899,182
-111,180
| -6% | -$5.23M |
|
960
TransUnion
TRU
$15.5B
| $87.5M | 0.01% |
1,117,138
-155,128
| -12% | -$10.7M |
|
961
Take-Two Interactive
TTWO
$45.2B
| $87.5M | 0.01% |
594,485
-17,038
| -3% | -$2.23M |
|
962
Clorox
CLX
$12.9B
| $87.2M | 0.01% |
548,554
-517,122
| -49% | -$83.4M |
|
963
Invesco Actively Managed Exch-Traded Commodity Fd Tr Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF
PDBC
$6.61B
| $87.1M | 0.01% |
6,404,457
-656,507
| -9% | -$9.13M |
|
964
CALL
Carnival Corporation Ltd
CCL
$38.9B
| $87M | 0.01% |
4,619,500
+4,339,500
| +1,550% | +$50.8M |
|
965
Cirrus Logic
CRUS
$6.08B
| $86.9M | 0.01% |
1,072,203
-22,340
| -2% | -$1.85M |
|
966
CALL
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.5B
| $86.1M | 0.01% |
1,014,000
-1,086,000
| -52% | -$83.1M |
|
967
Constellation Energy
CEG
$98.7B
| $86.1M | 0.01% |
940,124
-623,850
| -40% | -$51.7M |
|
968
State Street
STT
$52.2B
| $85.6M | 0.01% |
1,169,949
-246,467
| -17% | -$17.7M |
|
969
State Street SPDR Nuveen ICE High Yield Municipal Bond ETF
HYMB
$3.37B
| $85.3M | 0.01% |
3,411,480
-146,783
| -4% | -$3.65M |
|
|
BERY
970
DELISTED
Berry Global Group, Inc.
BERY
| $85.2M | 0.01% |
1,442,721
-211,196
| -13% | -$11.5M |
|
971
FormFactor
FORM
$10.3B
| $85.1M | 0.01% |
2,487,796
+61,886
| +3% | +$1.85M |
|
972
Invesco FTSE RAFI US 1500 Small-Mid ETF
PRFZ
$2.92B
| $85M | 0.01% |
2,474,500
-110,390
| -4% | -$3.6M |
|
973
W.R. Berkley
WRB
$26.2B
| $85M | 0.01% |
2,140,889
-571,854
| -21% | -$22.5M |
|
974
Viatris
VTRS
$18.4B
| $84.6M | 0.01% |
8,481,059
-871,645
| -9% | -$8.33M |
|
975
FirstEnergy
FE
$27.1B
| $84.5M | 0.01% |
2,172,959
-449,073
| -17% | -$17.6M |
|
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.