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 | |
|---|---|---|---|---|---|---|
1076
PUT
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$15B
| $70.9M | 0.01% |
819,500
-187,900
| -19% | -$16M |
|
1077
CALL
Verizon
VZ
$200B
| $70.7M | 0.01% |
1,902,300
+603,600
| +46% | +$22.3M |
|
1078
Schwab US Large- Cap ETF
SCHX
$75B
| $70.7M | 0.01% |
4,051,104
+298,947
| +8% | +$4.94M |
|
1079
Invesco FTSE RAFI Developed Markets ex-US ETF
PXF
$2.98B
| $70.7M | 0.01% |
1,572,458
+23,142
| +1% | +$1.04M |
|
1080
State Street SPDR Portfolio TIPS ETF
SPIP
$1.01B
| $70.5M | 0.01% |
2,727,630
+229,994
| +9% | +$6.01M |
|
1081
Dell
DELL
$320B
| $70.2M | 0.01% |
1,297,418
+88,106
| +7% | +$4.05M |
|
1082
Envista
NVST
$4.51B
| $70.1M | 0.01% |
2,072,839
-1,706,412
| -45% | -$60.2M |
|
|
SKX
1083
DELISTED
Skechers
SKX
| $70.1M | 0.01% |
1,331,044
+304,585
| +30% | +$15.6M |
|
1084
PUT
VanEck Semiconductor ETF
SMH
$72.5B
| $69.8M | 0.01% |
458,700
-51,300
| -10% | -$6.93M |
|
1085
PIMCO Short Term Municipal Bond Active Exchange-Traded Fund
SMMU
$1.17B
| $69.7M | 0.01% |
1,408,137
-604,064
| -30% | -$29.9M |
|
1086
PIMCO Active Bond Exchange-Traded Fund
BOND
$8.5B
| $69.6M | 0.01% |
759,752
-19,488
| -3% | -$1.8M |
|
1087
Albertsons Companies
ACI
$6.02B
| $69.4M | 0.01% |
3,180,613
+1,335,802
| +72% | +$27.8M |
|
1088
PUT
Waste Management
WM
$89.6B
| $69.1M | 0.01% |
398,200
-106,200
| -21% | -$17.6M |
|
1089
Myriad Genetics
MYGN
$303M
| $68.9M | 0.01% |
2,970,821
-462,148
| -13% | -$10.1M |
|
|
HZNP
1090
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $68.9M | 0.01% |
669,477
-1,714,118
| -72% | -$181M |
|
1091
Invesco Russell 1000 Dynamic Multifactor ETF
OMFL
$4.89B
| $68.8M | 0.01% |
1,404,370
+406,453
| +41% | +$19.3M |
|
1092
iShares US Industrials ETF
IYJ
$1.96B
| $68.7M | 0.01% |
647,404
+17,434
| +3% | +$1.74M |
|
1093
Amcor
AMCR
$21.4B
| $68.5M | 0.01% |
1,372,371
-329,897
| -19% | -$17.2M |
|
1094
Chemed
CHE
$7.02B
| $68.5M | 0.01% |
126,408
-20,733
| -14% | -$11.3M |
|
1095
Royal Caribbean
RCL
$82.9B
| $68.4M | 0.01% |
659,184
-326,796
| -33% | -$25.6M |
|
1096
iShares Core 60/40 Balanced Allocation ETF
AOR
$3.75B
| $68.3M | 0.01% |
1,327,030
-39,453
| -3% | -$1.99M |
|
1097
Schwab US Large-Cap Growth ETF
SCHG
$63.2B
| $68.2M | 0.01% |
3,642,188
-817,088
| -18% | -$14M |
|
1098
Dimensional Emerging Core Equity Market ETF
DFAE
$9.85B
| $68.1M | 0.01% |
2,902,575
+154,703
| +6% | +$3.58M |
|
1099
AMN Healthcare
AMN
$1.34B
| $67.9M | 0.01% |
621,923
-187,153
| -23% | -$17.7M |
|
1100
Herc Holdings
HRI
$5.64B
| $67.6M | 0.01% |
494,315
-71,181
| -13% | -$7.88M |
|
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.