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 |
Vanguard Morningstar Value ETF
VTV
|
+$3.48B |
| 2 |
Schwab Short-Term US Treasury ETF
SCHO
|
+$2.49B |
| 3 |
Invesco QQQ Trust
QQQ
|
+$2.36B |
| 4 |
Apple
AAPL
|
+$2.28B |
| 5 |
Amazon
AMZN
|
+$1.74B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$3.15B |
| 2 |
iShares Core MSCI EAFE ETF
IEFA
|
+$2.87B |
| 3 |
iShares MBS ETF
MBB
|
+$990M |
| 4 |
Vanguard Dividend Appreciation ETF
VIG
|
+$897M |
| 5 |
Chevron
CVX
|
+$863M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 12.41% |
| 2 | Healthcare | 6.97% |
| 3 | Financials | 6.77% |
| 4 | Consumer Discretionary | 5.53% |
| 5 | Industrials | 5.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Medtronic
MDT
$116B
| $2.14B | 0.22% |
26,508,964
+2,874,730
| +12% | +$234M |
|
102
State Street Industrial Select Sector SPDR ETF
XLI
$34.7B
| $2.14B | 0.22% |
21,115,186
+1,022,842
| +5% | +$103M |
|
103
State Street Technology Select Sector SPDR ETF
XLK
$124B
| $2.13B | 0.22% |
28,159,970
-3,065,888
| -10% | -$211M |
|
104
PUT
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.9B
| $2.11B | 0.22% |
27,886,800
+19,478,800
| +232% | +$1.46B |
|
105
Accenture
ACN
$110B
| $2.09B | 0.22% |
7,329,339
+791,398
| +12% | +$216M |
|
106
American Express
AXP
$232B
| $2.09B | 0.21% |
12,678,097
+545,099
| +4% | +$90.4M |
|
107
Deere & Co
DE
$167B
| $2.09B | 0.21% |
5,054,845
+754,332
| +18% | +$312M |
|
108
State Street Financial Select Sector SPDR ETF
XLF
$59.1B
| $2.08B | 0.21% |
64,738,002
-19,755,939
| -23% | -$687M |
|
109
Prologis
PLD
$134B
| $2.04B | 0.21% |
16,364,345
+333,423
| +2% | +$41M |
|
110
Palo Alto Networks
PANW
$315B
| $2.04B | 0.21% |
20,428,774
+3,237,036
| +19% | +$274M |
|
111
Mastercard
MA
$490B
| $2.03B | 0.21% |
5,595,884
+219,110
| +4% | +$79.6M |
|
112
Vanguard Russell 1000 Growth ETF
VONG
$45.7B
| $2.03B | 0.21% |
32,310,639
+1,596,038
| +5% | +$94.6M |
|
113
Abbott
ABT
$192B
| $2.02B | 0.21% |
19,927,643
-2,426,443
| -11% | -$256M |
|
114
Automatic Data Processing
ADP
$107B
| $2.01B | 0.21% |
9,029,934
+1,589,125
| +21% | +$358M |
|
115
Morgan Stanley
MS
$342B
| $1.97B | 0.2% |
22,494,179
+727,045
| +3% | +$67.9M |
|
116
Lowe's Companies
LOW
$121B
| $1.97B | 0.2% |
9,848,012
-25,241
| -0.3% | -$5.13M |
|
117
Salesforce
CRM
$158B
| $1.92B | 0.2% |
9,613,934
+120,099
| +1% | +$20.3M |
|
118
Vanguard Financials ETF
VFH
$13.9B
| $1.92B | 0.2% |
24,612,082
+596,638
| +2% | +$50.5M |
|
119
Boeing
BA
$183B
| $1.91B | 0.2% |
9,003,077
+1,399,619
| +18% | +$291M |
|
120
Air Products & Chemicals
APD
$67.7B
| $1.91B | 0.2% |
6,654,402
+214,381
| +3% | +$62.6M |
|
121
Walt Disney
DIS
$178B
| $1.91B | 0.2% |
19,057,850
+2,945,164
| +18% | +$297M |
|
122
ConocoPhillips
COP
$153B
| $1.91B | 0.2% |
19,231,401
-1,304,919
| -6% | -$143M |
|
123
Northrop Grumman
NOC
$82B
| $1.86B | 0.19% |
4,022,186
+90,514
| +2% | +$42M |
|
124
Vanguard Morningstar Small-Cap Value ETF
VBR
$38.1B
| $1.82B | 0.19% |
11,447,236
+746,359
| +7% | +$124M |
|
125
Qualcomm
QCOM
$171B
| $1.81B | 0.19% |
14,200,485
+754,370
| +6% | +$93.8M |
|
Similar funds
Bank of America's Q1 2023 Portfolio in Review
As of Q1 2023, Bank of America held 8,720 positions worth $974B, up 11% from $878B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Bank of America deployed $44.8B of net new capital in Q1 2023, opening 508 new positions and adding to 4,009 existing holdings. Its largest new stake was GE HealthCare: 1,546,972 shares worth $127M.
By sector, the portfolio is most concentrated in Technology at 12% of assets, up from 10% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was iShares Core S&P 500 ETF, an estimated $3.15B trimmed.
- Bank of America's largest Q1 2023 buy was GE HealthCare: 1,546,972 shares worth $127M.
- Bank of America added most to Vanguard Morningstar Value ETF in Q1 2023, an estimated $3.48B increase.
- Bank of America's biggest Q1 2023 reduction was iShares Core S&P 500 ETF, cutting an estimated $3.15B.
- Bank of America fully exited SVB Financial Group in Q1 2023, selling an estimated $121M.
- Bank of America's ten largest holdings make up 16% of its $974B portfolio in Q1 2023.
- Bank of America opened 508 new positions and closed 926 in Q1 2023.
- Bank of America's portfolio value rose 11% quarter-over-quarter to $974B.
Based on Bank of America's 13F filing for Q1 2023, filed 12 May 2023.