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 |
Vanguard Intermediate-Term Treasury ETF
VGIT
|
+$1.64B |
| 2 |
Meta Platforms (Facebook)
META
|
+$1.57B |
| 3 |
UnitedHealth
UNH
|
+$1.19B |
| 4 |
Invesco QQQ Trust
QQQ
|
+$1.13B |
| 5 |
Kenvue
KVUE
|
+$1.06B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.23B |
| 2 |
Schwab Short-Term US Treasury ETF
SCHO
|
+$1.83B |
| 3 |
Amazon
AMZN
|
+$1.14B |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$1.03B |
| 5 |
Microsoft
MSFT
|
+$976M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 12.06% |
| 2 | Financials | 6.77% |
| 3 | Healthcare | 6.72% |
| 4 | Industrials | 5.26% |
| 5 | Consumer Discretionary | 5.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
NextEra Energy
NEE
$179B
| $2.53B | 0.28% |
44,247,598
+2,861,337
| +7% | +$198M |
|
77
Tesla
TSLA
$1.29T
| $2.51B | 0.28% |
10,030,605
-58,251
| -0.6% | -$15M |
|
78
Vanguard Mortgage-Backed Securities ETF
VMBS
$15.6B
| $2.5B | 0.28% |
57,046,120
+4,938,832
| +9% | +$223M |
|
79
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$32.7B
| $2.49B | 0.27% |
24,366,347
-103,286
| -0.4% | -$10.9M |
|
80
Starbucks
SBUX
$124B
| $2.46B | 0.27% |
26,976,687
-2,814,692
| -9% | -$276M |
|
81
Progressive
PGR
$121B
| $2.34B | 0.26% |
16,785,682
-896,717
| -5% | -$118M |
|
82
ConocoPhillips
COP
$153B
| $2.32B | 0.26% |
19,344,888
+545,907
| +3% | +$63.4M |
|
83
iShares National Muni Bond ETF
MUB
$45.9B
| $2.3B | 0.25% |
22,451,861
+1,561,926
| +7% | +$165M |
|
84
Mastercard
MA
$490B
| $2.29B | 0.25% |
5,774,183
+123,177
| +2% | +$49.4M |
|
85
PUT
Apple
AAPL
$4.41T
| $2.27B | 0.25% |
13,230,000
+2,318,500
| +21% | +$425M |
|
86
iShares MSCI EAFE ETF
EFA
$80.2B
| $2.24B | 0.25% |
32,516,639
-1,712,416
| -5% | -$123M |
|
87
Lowe's Companies
LOW
$121B
| $2.18B | 0.24% |
10,493,180
+1,012,691
| +11% | +$228M |
|
88
IBM
IBM
$222B
| $2.17B | 0.24% |
15,494,499
+6,518,337
| +73% | +$927M |
|
89
Zoetis
ZTS
$30.4B
| $2.13B | 0.23% |
12,250,781
+821,314
| +7% | +$149M |
|
90
United Parcel Service
UPS
$88.4B
| $2.12B | 0.23% |
13,605,927
-236,208
| -2% | -$40.8M |
|
91
State Street Financial Select Sector SPDR ETF
XLF
$59.1B
| $2.12B | 0.23% |
63,876,638
-2,636,017
| -4% | -$90.8M |
|
92
iShares MSCI EAFE Min Vol Factor ETF
EFAV
$5.46B
| $2.08B | 0.23% |
31,848,739
+924,313
| +3% | +$62.1M |
|
93
Palo Alto Networks
PANW
$315B
| $2.05B | 0.23% |
17,520,210
-3,116,116
| -15% | -$369M |
|
94
State Street Technology Select Sector SPDR ETF
XLK
$124B
| $2.03B | 0.22% |
24,737,548
+118,838
| +0.5% | +$10.2M |
|
95
Vanguard Russell 1000 Growth ETF
VONG
$45.7B
| $2.02B | 0.22% |
29,522,862
-2,773,559
| -9% | -$197M |
|
96
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.7B
| $2B | 0.22% |
29,006,306
-17,366
| -0.1% | -$1.27M |
|
97
CALL
iShares Russell 2000 ETF
IWM
$82.2B
| $2B | 0.22% |
11,289,800
-5,412,500
| -32% | -$1.02B |
|
98
Williams Companies
WMB
$90.1B
| $1.99B | 0.22% |
59,054,717
+8,197,540
| +16% | +$280M |
|
99
Medtronic
MDT
$116B
| $1.98B | 0.22% |
25,251,786
-174,747
| -0.7% | -$14.6M |
|
100
Adobe
ADBE
$103B
| $1.96B | 0.22% |
3,851,666
+184,555
| +5% | +$96.8M |
|
Similar funds
Bank of America's Q3 2023 Portfolio in Review
As of Q3 2023, Bank of America held 8,192 positions worth $908B, down 4.8% from $954B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Bank of America's Q3 2023 filing shows 481 new, 3,533 increased, 2,807 reduced and 420 closed positions. Its largest new stake was TKO Group: 743,648 shares worth $62.5M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $3.23B.
By sector, the portfolio is most concentrated in Technology at 12% of assets, down from 12% a quarter earlier, followed by Financials and Healthcare.
- Bank of America's largest Q3 2023 buy was TKO Group: 743,648 shares worth $62.5M.
- Bank of America added most to Vanguard Intermediate-Term Treasury ETF in Q3 2023, an estimated $1.64B increase.
- Bank of America's biggest Q3 2023 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $3.23B.
- Bank of America fully exited Black Knight, Inc. Common Stock in Q3 2023, selling an estimated $166M.
- Bank of America's ten largest holdings make up 15% of its $908B portfolio in Q3 2023.
- Bank of America opened 481 new positions and closed 420 in Q3 2023.
- Bank of America's portfolio value fell 4.8% quarter-over-quarter to $908B.
Based on Bank of America's 13F filing for Q3 2023, filed 14 Nov 2023.