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 | |
|---|---|---|---|---|---|---|
976
State Street SPDR S&P Retail ETF
XRT
$643M
| $84.3M | 0.01% |
1,322,953
-70,989
| -5% | -$4.36M |
|
977
Global X NASDAQ-100 Covered Call ETF
QYLD
$8.29B
| $84.3M | 0.01% |
4,751,123
+1,463,169
| +45% | +$25.5M |
|
978
CALL
Canadian Imperial Bank of Commerce
CM
$112B
| $84.3M | 0.01% |
1,975,000
| – | – |
|
979
Bruker
BRKR
$8.83B
| $83.9M | 0.01% |
1,134,977
-39,086
| -3% | -$2.98M |
|
980
Textron
TXT
$15.1B
| $83.7M | 0.01% |
1,237,796
-693,608
| -36% | -$45.7M |
|
981
CALL
McDonald's
MCD
$193B
| $83.6M | 0.01% |
280,100
+199,200
| +246% | +$57.9M |
|
982
First Trust Dorsey Wright Focus 5 ETF
FV
$3.83B
| $83.5M | 0.01% |
1,780,720
-225,143
| -11% | -$10M |
|
983
VeriSign
VRSN
$26B
| $82.3M | 0.01% |
364,282
-96,289
| -21% | -$21.2M |
|
984
GlobalFoundries
GFS
$28.9B
| $82.3M | 0.01% |
1,273,854
-161,267
| -11% | -$9.76M |
|
985
First Solar
FSLR
$24B
| $81.8M | 0.01% |
430,074
-23,584
| -5% | -$4.67M |
|
986
Xtrackers USD High Yield Corporate Bond ETF
HYLB
$3.48B
| $81.4M | 0.01% |
2,360,120
-162,618
| -6% | -$5.57M |
|
987
CALL
T-Mobile US
TMUS
$197B
| $81.4M | 0.01% |
586,100
-274,200
| -32% | -$38.5M |
|
988
First Trust Smith Opportunistic Fixed Income ETF
FIXD
$3.24B
| $80.9M | 0.01% |
1,831,530
+218,556
| +14% | +$9.79M |
|
989
Franklin Electric
FELE
$4.68B
| $80.9M | 0.01% |
785,793
+13,846
| +2% | +$1.3M |
|
990
Penske Automotive Group
PAG
$14.4B
| $80.7M | 0.01% |
484,405
-181,463
| -27% | -$26.3M |
|
991
Principal Spectrum Preferred Securities Active ETF
PREF
$1.78B
| $80.7M | 0.01% |
4,761,624
+397,819
| +9% | +$6.67M |
|
992
Cedar Fair
FUN
$1.71B
| $80.6M | 0.01% |
2,017,674
-1,499,241
| -43% | -$64M |
|
993
First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF
LMBS
$6.4B
| $80.6M | 0.01% |
1,690,365
-209,521
| -11% | -$10M |
|
994
Rithm Capital
RITM
$5.79B
| $80.5M | 0.01% |
8,609,388
-1,222,866
| -12% | -$10.2M |
|
995
PUT
Pfizer
PFE
$153B
| $80.4M | 0.01% |
2,191,500
-367,700
| -14% | -$14.3M |
|
996
Domino's
DPZ
$11.6B
| $80.3M | 0.01% |
238,303
-375,028
| -61% | -$118M |
|
997
iShares US Consumer Staples ETF
IYK
$1.43B
| $80.3M | 0.01% |
1,202,079
+144,192
| +14% | +$9.68M |
|
998
PUT
Stellantis
STLA
$20.2B
| $80.2M | 0.01% |
4,575,000
+325,048
| +8% | +$5.45M |
|
999
Oneok
OKE
$58.4B
| $80.2M | 0.01% |
1,300,125
-1,484,175
| -53% | -$91.8M |
|
1000
JB Hunt Transport Services
JBHT
$26.5B
| $80.2M | 0.01% |
443,026
-112,866
| -20% | -$19.6M |
|
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.