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 | |
|---|---|---|---|---|---|---|
1151
CALL
Walmart Inc
WMT
$921B
| $62.7M | 0.01% |
1,196,700
-689,400
| -37% | -$34.8M |
|
1152
Builders FirstSource
BLDR
$7.91B
| $62.7M | 0.01% |
460,839
-65,622
| -12% | -$7.3M |
|
1153
PUT
AbbVie
ABBV
$443B
| $62.6M | 0.01% |
464,700
+192,300
| +71% | +$28.2M |
|
1154
Brookfield Infrastructure
BIPC
$5.01B
| $62.5M | 0.01% |
1,371,980
-16,894
| -1% | -$767K |
|
1155
CALL
Salesforce
CRM
$165B
| $62.5M | 0.01% |
295,700
+60,300
| +26% | +$12.3M |
|
1156
Everest Group
EG
$14B
| $62.5M | 0.01% |
182,692
-54,878
| -23% | -$19.8M |
|
1157
Schwab US TIPS ETF
SCHP
$16.2B
| $62.4M | 0.01% |
2,378,940
-159,214
| -6% | -$4.22M |
|
1158
NOV
NOV
$7.36B
| $62.3M | 0.01% |
3,883,955
+747,009
| +24% | +$12.2M |
|
1159
Vanguard Russell 1000 ETF
VONE
$8.74B
| $62.2M | 0.01% |
308,715
+42,914
| +16% | +$8.18M |
|
|
XIFR
1160
XPLR Infrastructure LP
XIFR
$1.09B
| $62M | 0.01% |
1,057,109
-15,897
| -1% | -$956K |
|
1161
Advanced Energy
AEIS
$13.2B
| $61.8M | 0.01% |
554,811
-9,281
| -2% | -$885K |
|
1162
PIMCO Enhanced Low Duration Active Exchange-Traded Fund
LDUR
$1.38B
| $61.6M | 0.01% |
656,632
-10,504
| -2% | -$992K |
|
|
LSI
1163
DELISTED
Life Storage, Inc.
LSI
| $61.4M | 0.01% |
462,149
+193,892
| +72% | +$25.8M |
|
1164
Parsons
PSN
$5.08B
| $61.4M | 0.01% |
1,275,238
-97,846
| -7% | -$4.46M |
|
1165
PUT
Blackstone
BX
$112B
| $61.4M | 0.01% |
660,200
+267,700
| +68% | +$23.1M |
|
1166
CALL
S&P Global
SPGI
$125B
| $61.3M | 0.01% |
152,900
+151,000
| +7,947% | +$55.2M |
|
|
DNB
1167
DELISTED
Dun & Bradstreet
DNB
| $61.3M | 0.01% |
5,295,268
+1,369,034
| +35% | +$14.9M |
|
1168
WisdomTree International High Dividend Fund
DTH
$661M
| $61.1M | 0.01% |
1,653,617
+147,858
| +10% | +$5.59M |
|
1169
Global X S&P 500 Covered Call ETF
XYLD
$3.28B
| $61M | 0.01% |
1,486,201
-188,266
| -11% | -$7.66M |
|
1170
Aecom
ACM
$8.19B
| $61M | 0.01% |
720,077
-173,628
| -19% | -$14.2M |
|
1171
iShares Select U.S. REIT ETF
ICF
$2.11B
| $60.8M | 0.01% |
1,094,543
-53,620
| -5% | -$2.92M |
|
1172
Leidos
LDOS
$17.9B
| $60.7M | 0.01% |
686,197
-66,176
| -9% | -$5.64M |
|
1173
Carnival Corporation Ltd
CCL
$38.9B
| $60.7M | 0.01% |
3,223,028
-4,767,353
| -60% | -$55.8M |
|
1174
Willis Towers Watson
WTW
$31B
| $60.7M | 0.01% |
257,700
-139,923
| -35% | -$32.2M |
|
1175
Invesco NASDAQ 100 ETF
QQQM
$104B
| $60.7M | 0.01% |
399,130
+40,821
| +11% | +$5.65M |
|
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.