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 | |
|---|---|---|---|---|---|---|
1026
Archrock
AROC
$5.85B
| $77M | 0.01% |
7,507,350
+219,670
| +3% | +$2.17M |
|
1027
Oshkosh
OSK
$9.41B
| $76.9M | 0.01% |
888,124
-2,260
| -0.3% | -$178K |
|
1028
PIMCO 1-5 Year US TIPS Index Exchange-Traded Fund
STPZ
$525M
| $76.8M | 0.01% |
1,526,483
-222,113
| -13% | -$11.3M |
|
1029
Watsco Inc
WSO
$12.9B
| $76.7M | 0.01% |
201,095
-49,147
| -20% | -$16.7M |
|
1030
State Street SPDR S&P Global Natural Resources ETF
GNR
$4.9B
| $76.4M | 0.01% |
1,416,339
-2,884,274
| -67% | -$159M |
|
1031
PUT
Domino's
DPZ
$11.6B
| $76.3M | 0.01% |
226,400
+106,400
| +89% | +$33.6M |
|
|
DOO
1032
Bombardier Recreational Products
DOO
$4.75B
| $75.9M | 0.01% |
897,362
+163,083
| +22% | +$12.4M |
|
1033
Fortis
FTS
$28.8B
| $75.9M | 0.01% |
1,760,544
-397,483
| -18% | -$17.3M |
|
1034
Plains All American Pipeline
PAA
$16.5B
| $75.9M | 0.01% |
5,380,163
+1,827,779
| +51% | +$24.1M |
|
|
SPR
1035
DELISTED
Spirit AeroSystems
SPR
| $75.7M | 0.01% |
2,592,703
+86,915
| +3% | +$2.51M |
|
1036
Hartford Multifactor Developed Markets ex-US ETF
RODM
$1.65B
| $75.6M | 0.01% |
2,873,052
-122,801
| -4% | -$3.28M |
|
1037
J.M. Smucker
SJM
$12.9B
| $75.6M | 0.01% |
511,920
-291,012
| -36% | -$44.4M |
|
1038
Wabtec
WAB
$50.3B
| $75.6M | 0.01% |
689,296
-126,026
| -15% | -$12.5M |
|
1039
CALL
Scotiabank
BNS
$111B
| $75.6M | 0.01% |
1,510,400
-100,000
| -6% | -$4.96M |
|
1040
PUT
PayPal
PYPL
$51.8B
| $75.5M | 0.01% |
1,131,700
+553,000
| +96% | +$37.7M |
|
1041
CALL
Danaher
DHR
$143B
| $75.5M | 0.01% |
354,756
+227,856
| +180% | +$48.2M |
|
1042
Carlisle Companies
CSL
$14.9B
| $75.4M | 0.01% |
294,038
-29,498
| -9% | -$6.54M |
|
1043
PUT
Match Group
MTCH
$8.56B
| $75.4M | 0.01% |
1,802,000
+382,000
| +27% | +$14M |
|
1044
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$7.33B
| $75.3M | 0.01% |
818,591
+52,176
| +7% | +$4.78M |
|
1045
AerCap
AER
$23.5B
| $75.3M | 0.01% |
1,185,060
-152,030
| -11% | -$8.77M |
|
1046
CALL
Marathon Petroleum
MPC
$100B
| $75.2M | 0.01% |
645,000
+222,500
| +53% | +$25.9M |
|
1047
Sun Communities
SUI
$14.6B
| $75.2M | 0.01% |
576,158
-74,569
| -11% | -$9.97M |
|
1048
Haleon
HLN
$43.2B
| $75.1M | 0.01% |
8,967,362
-351,174
| -4% | -$3M |
|
1049
Box
BOX
$4.66B
| $74.7M | 0.01% |
2,541,322
-62,267
| -2% | -$1.72M |
|
1050
GSK
GSK
$101B
| $74.5M | 0.01% |
2,090,716
-1,790
| -0.1% | -$64.2K |
|
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.