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 | |
|---|---|---|---|---|---|---|
1201
Mid-America Apartment Communities
MAA
$15.6B
| $58M | 0.01% |
381,892
-103,523
| -21% | -$15.6M |
|
1202
CALL
iShares 7-10 Year Treasury Bond ETF
IEF
$47.3B
| $58M | 0.01% |
600,000
-75,000
| -11% | -$7.37M |
|
|
SRCL
1203
DELISTED
Stericycle Inc
SRCL
| $57.8M | 0.01% |
1,244,875
+1,012
| +0.1% | +$44.3K |
|
1204
iShares GSCI Commodity Dynamic Roll Strategy ETF
COMT
$1.22B
| $57.6M | 0.01% |
2,217,933
-765,963
| -26% | -$20.2M |
|
|
VMW
1205
CALL
DELISTED
VMware, Inc
VMW
| $57.5M | 0.01% |
+400,000
| New | +$51.9M |
|
1206
CALL
Lamb Weston
LW
$7.39B
| $57.5M | 0.01% |
+500,000
| New | +$55.8M |
|
1207
DoorDash
DASH
$93.7B
| $57.4M | 0.01% |
750,838
-159,005
| -17% | -$10.5M |
|
1208
Invesco Taxable Municipal Bond ETF
BAB
$1.01B
| $57.3M | 0.01% |
2,159,885
-517,365
| -19% | -$13.8M |
|
1209
BellRing Brands
BRBR
$1.28B
| $57.3M | 0.01% |
1,564,781
+300,986
| +24% | +$10.8M |
|
1210
PBF Energy
PBF
$8.81B
| $57.3M | 0.01% |
1,398,639
-472,735
| -25% | -$18M |
|
1211
KBR
KBR
$4.81B
| $57.2M | 0.01% |
879,619
-580,017
| -40% | -$34.6M |
|
1212
Bain Capital Specialty
BCSF
$821M
| $57.1M | 0.01% |
4,223,191
+133,137
| +3% | +$1.65M |
|
1213
Indivior Pharmaceuticals
INDV
$4.51B
| $56.8M | 0.01% |
+2,386,915
| New | +$54.7M |
|
1214
Wynn Resorts
WYNN
$10.5B
| $56.8M | 0.01% |
537,705
+82,757
| +18% | +$8.87M |
|
1215
ARK Genomic Revolution ETF
ARKG
$1.78B
| $56.8M | 0.01% |
1,665,538
-868,239
| -34% | -$27.3M |
|
1216
Fomento Económico Mexicano
FMX
$39.7B
| $56.6M | 0.01% |
510,904
+35,724
| +8% | +$3.59M |
|
1217
Jack Henry & Associates
JKHY
$11.1B
| $56.5M | 0.01% |
337,930
-4,359
| -1% | -$679K |
|
1218
Wolfspeed
WOLF
$1.64B
| $56.5M | 0.01% |
1,015,585
-897,341
| -47% | -$45.7M |
|
1219
CALL
Lam Research
LRCX
$422B
| $56.4M | 0.01% |
877,000
-469,000
| -35% | -$26.4M |
|
1220
Academy Sports + Outdoors
ASO
$3.03B
| $56.3M | 0.01% |
1,041,486
-333,031
| -24% | -$19.1M |
|
1221
PUT
Intel
INTC
$527B
| $56.2M | 0.01% |
1,682,000
+575,100
| +52% | +$18.1M |
|
1222
Hasbro
HAS
$13.6B
| $56.2M | 0.01% |
868,281
-156,970
| -15% | -$9.17M |
|
1223
Smith & Nephew
SNN
$12.6B
| $56.2M | 0.01% |
1,742,727
+722,737
| +71% | +$22.4M |
|
|
VISN
1224
Vistance Networks Inc
VISN
$2.62B
| $56.2M | 0.01% |
9,981,249
+1,755,152
| +21% | +$8.39M |
|
1225
e.l.f. Beauty
ELF
$5.43B
| $56.1M | 0.01% |
490,906
+31,594
| +7% | +$3.04M |
|
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.