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 | |
|---|---|---|---|---|---|---|
|
WWE
1051
DELISTED
World Wrestling Entertainment
WWE
| $74.4M | 0.01% |
685,907
-217,438
| -24% | -$22.5M |
|
|
RCM
1052
DELISTED
R1 RCM Inc. Common Stock
RCM
| $73.8M | 0.01% |
3,998,978
-872,857
| -18% | -$14.2M |
|
1053
Timken Company
TKR
$9.1B
| $73.8M | 0.01% |
806,010
-51,733
| -6% | -$4.08M |
|
1054
Invesco Variable Rate Preferred ETF
VRP
$3.01B
| $73.7M | 0.01% |
3,310,163
-391,243
| -11% | -$8.64M |
|
1055
Maximus
MMS
$2.94B
| $73.4M | 0.01% |
869,007
-147,761
| -15% | -$12.2M |
|
1056
AES
AES
$10.5B
| $73.3M | 0.01% |
3,537,850
-817,103
| -19% | -$18M |
|
1057
Aramark
ARMK
$16.1B
| $73.3M | 0.01% |
2,359,421
+272
| +0% | +$7.41K |
|
1058
Steel Dynamics
STLD
$37.3B
| $73M | 0.01% |
670,548
-39,203
| -6% | -$3.99M |
|
1059
Darling Ingredients
DAR
$10.4B
| $72.9M | 0.01% |
1,143,554
-335,077
| -23% | -$20.4M |
|
1060
Group 1 Automotive
GPI
$3.14B
| $72.9M | 0.01% |
282,595
-50,764
| -15% | -$11.7M |
|
1061
PUT
Salesforce
CRM
$165B
| $72.9M | 0.01% |
345,100
+234,700
| +213% | +$47.9M |
|
1062
WisdomTree Emerging Markets ex-State-Owned Enterprises Fund
XSOE
$2.12B
| $72.7M | 0.01% |
2,601,799
+13,244
| +0.5% | +$367K |
|
1063
State Street SPDR Portfolio Long Term Corporate Bond ETF
SPLB
$1.19B
| $72.7M | 0.01% |
3,123,454
+779,252
| +33% | +$18M |
|
1064
Global X MLP & Energy Infrastructure ETF
MLPX
$3.56B
| $72.2M | 0.01% |
1,737,938
+100,325
| +6% | +$4.02M |
|
|
LTHM
1065
DELISTED
Livent Corporation
LTHM
| $72.2M | 0.01% |
2,632,479
+133,386
| +5% | +$3.2M |
|
|
SWN
1066
DELISTED
Southwestern Energy Company
SWN
| $72.2M | 0.01% |
12,013,171
+1,637,727
| +16% | +$8.44M |
|
1067
RenaissanceRe
RNR
$13.3B
| $72M | 0.01% |
385,762
+11,171
| +3% | +$2.22M |
|
1068
abrdn Physical Gold Shares ETF
SGOL
$7.42B
| $71.9M | 0.01% |
3,916,669
+112,683
| +3% | +$2.13M |
|
1069
PUT
Caterpillar
CAT
$393B
| $71.8M | 0.01% |
292,000
+136,200
| +87% | +$30.4M |
|
|
PXD
1070
CALL
DELISTED
Pioneer Natural Resource Co.
PXD
| $71.5M | 0.01% |
+345,100
| New | +$72.6M |
|
1071
PUT
Coinbase
COIN
$40.6B
| $71.2M | 0.01% |
994,800
+499,100
| +101% | +$29.8M |
|
1072
Seagate
STX
$209B
| $71.1M | 0.01% |
1,149,267
-954,872
| -45% | -$58.3M |
|
1073
First Trust Industrials/Producer Durables AlphaDEX Fund
FXR
$771M
| $71.1M | 0.01% |
1,183,281
-256,455
| -18% | -$14.2M |
|
1074
Vanguard Long-Term Bond ETF
BLV
$5.73B
| $71M | 0.01% |
947,361
-36,997
| -4% | -$2.78M |
|
1075
iShares US Financial Services ETF
IYG
$2.24B
| $71M | 0.01% |
1,347,450
+432,837
| +47% | +$21.9M |
|
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.