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 | |
|---|---|---|---|---|---|---|
1101
CALL
Netflix
NFLX
$326B
| $67.6M | 0.01% |
1,535,000
+800,000
| +109% | +$29.5M |
|
1102
Consolidated Edison
ED
$40.1B
| $67.6M | 0.01% |
747,327
-432,855
| -37% | -$41.4M |
|
1103
Lumentum
LITE
$78B
| $67.5M | 0.01% |
1,190,721
-70,097
| -6% | -$3.5M |
|
1104
Webster Financial
WBS
$12.8B
| $67.3M | 0.01% |
1,782,826
+5,478
| +0.3% | +$202K |
|
1105
Calamos Strategic Total Return Fund
CSQ
$3.37B
| $67.1M | 0.01% |
4,551,137
-51,429
| -1% | -$717K |
|
1106
Cracker Barrel
CBRL
$1.31B
| $67.1M | 0.01% |
720,283
-32,706
| -4% | -$3.36M |
|
1107
CALL
American Airlines Group
AAL
$9.97B
| $66.9M | 0.01% |
3,731,000
+2,131,000
| +133% | +$31.2M |
|
1108
Alnylam Pharmaceuticals
ALNY
$30.4B
| $66.9M | 0.01% |
352,343
-418,862
| -54% | -$83M |
|
1109
Jazz Pharmaceuticals
JAZZ
$16B
| $66.9M | 0.01% |
539,677
+35,205
| +7% | +$4.74M |
|
1110
Pool Corp
POOL
$7.29B
| $66.6M | 0.01% |
177,866
-131,271
| -42% | -$44.9M |
|
1111
Teradyne
TER
$64.2B
| $66.6M | 0.01% |
597,857
-147,158
| -20% | -$14.8M |
|
1112
IQ MacKay Municipal Intermediate ETF
MMIT
$1.48B
| $66.4M | 0.01% |
2,727,550
+419,543
| +18% | +$10.2M |
|
1113
Franklin US Large Cap Multifactor Index ETF
FLQL
$2.12B
| $66.4M | 0.01% |
1,483,349
+16,495
| +1% | +$697K |
|
1114
Invesco S&P 500 High Dividend Low Volatility ETF
SPHD
$3.43B
| $66.1M | 0.01% |
1,598,251
-342,741
| -18% | -$14.1M |
|
1115
Elastic
ESTC
$8.94B
| $66.1M | 0.01% |
1,030,471
+63,026
| +7% | +$3.95M |
|
1116
Healthpeak Properties
DOC
$14.3B
| $66.1M | 0.01% |
3,286,096
-793,366
| -19% | -$16.5M |
|
1117
Toro Company
TTC
$9.21B
| $66M | 0.01% |
648,883
-383,223
| -37% | -$39.3M |
|
1118
PUT
General Motors
GM
$75.8B
| $66M | 0.01% |
1,710,400
-1,694,300
| -50% | -$58.6M |
|
1119
Landstar System
LSTR
$6.4B
| $65.9M | 0.01% |
342,341
-51,991
| -13% | -$9.39M |
|
1120
Allegion
ALLE
$14.2B
| $65.6M | 0.01% |
546,650
+142,819
| +35% | +$15.6M |
|
1121
Sanmina
SANM
$11.1B
| $65.5M | 0.01% |
1,086,947
-3,108
| -0.3% | -$170K |
|
1122
Equity Lifestyle Properties
ELS
$12.6B
| $65.3M | 0.01% |
975,515
-89,210
| -8% | -$5.94M |
|
1123
PUT
United Parcel Service
UPS
$89.8B
| $65.2M | 0.01% |
363,600
+132,000
| +57% | +$23.4M |
|
1124
Invesco BulletShares 2026 Corporate Bond ETF
BSCQ
$3.57B
| $65M | 0.01% |
3,431,542
+695,162
| +25% | +$13.3M |
|
1125
Pacer Trendpilot 100 ETF
PTNQ
$1.27B
| $65M | 0.01% |
1,047,039
+51,931
| +5% | +$2.99M |
|
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.