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 | |
|---|---|---|---|---|---|---|
1001
PUT
American Airlines Group
AAL
$9.97B
| $80M | 0.01% |
4,457,400
-6,233,400
| -58% | -$91.4M |
|
1002
VanEck Pharmaceutical ETF
PPH
$991M
| $79.9M | 0.01% |
1,014,428
+236,284
| +30% | +$18.5M |
|
1003
Live Nation Entertainment
LYV
$43.3B
| $79.8M | 0.01% |
876,165
-206,189
| -19% | -$16.1M |
|
1004
ZTO Express
ZTO
$17.4B
| $79.7M | 0.01% |
3,179,618
-920,442
| -22% | -$25.3M |
|
1005
argenx
ARGX
$53.6B
| $79.5M | 0.01% |
203,860
-93,972
| -32% | -$37M |
|
1006
State Street SPDR Portfolio Emerging Markets ETF
SPEM
$17.7B
| $79.1M | 0.01% |
2,299,973
+689,131
| +43% | +$23.6M |
|
1007
SolarEdge
SEDG
$1.98B
| $79M | 0.01% |
293,809
+17,989
| +7% | +$5.16M |
|
1008
ALPS Sector Dividend Dogs ETF
SDOG
$1.45B
| $79M | 0.01% |
1,580,762
+68,327
| +5% | +$3.4M |
|
1009
CALL
UnitedHealth
UNH
$358B
| $78.9M | 0.01% |
164,100
-118,400
| -42% | -$57.9M |
|
1010
Enphase Energy
ENPH
$5.39B
| $78.8M | 0.01% |
470,753
-224,356
| -32% | -$40.1M |
|
1011
Lattice Semiconductor
LSCC
$18.2B
| $78.8M | 0.01% |
820,493
+29,153
| +4% | +$2.51M |
|
1012
Agnico Eagle Mines
AEM
$91.3B
| $78.8M | 0.01% |
1,576,563
-235,981
| -13% | -$12.8M |
|
1013
Restaurant Brands International
QSR
$26.7B
| $78.6M | 0.01% |
1,014,314
-14,317
| -1% | -$1.03M |
|
1014
Stanley Black & Decker
SWK
$15.4B
| $78.6M | 0.01% |
838,496
-177,696
| -17% | -$14.7M |
|
1015
State Street SPDR S&P Aerospace & Defense ETF
XAR
$6.62B
| $78.5M | 0.01% |
645,530
+80,582
| +14% | +$9.36M |
|
1016
CALL
General Motors
GM
$75.8B
| $78.4M | 0.01% |
2,034,300
-1,435,400
| -41% | -$49.6M |
|
|
K
1017
DELISTED
Kellanova
K
| $78.4M | 0.01% |
1,239,278
-642,483
| -34% | -$41M |
|
1018
Infosys
INFY
$50.3B
| $78.1M | 0.01% |
4,859,479
-1,459,038
| -23% | -$22.8M |
|
1019
Celanese
CE
$4.86B
| $78M | 0.01% |
673,473
-267,814
| -28% | -$29M |
|
1020
PUT
Starbucks
SBUX
$124B
| $77.7M | 0.01% |
784,500
+424,500
| +118% | +$44.1M |
|
1021
HEICO Corp
HEI
$51.9B
| $77.6M | 0.01% |
438,289
-64,392
| -13% | -$10.9M |
|
1022
CALL
SLB Ltd
SLB
$77.3B
| $77.5M | 0.01% |
1,578,700
-2,495,600
| -61% | -$119M |
|
1023
Regions Financial
RF
$27B
| $77.4M | 0.01% |
4,345,622
-531,227
| -11% | -$9.38M |
|
1024
WisdomTree Japan Hedged Equity Fund
DXJ
$7.55B
| $77.3M | 0.01% |
929,000
+85,345
| +10% | +$6.49M |
|
1025
PUT
iShares 7-10 Year Treasury Bond ETF
IEF
$47.3B
| $77.3M | 0.01% |
800,000
-100,000
| -11% | -$9.83M |
|
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.