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 |
iShares Core S&P 500 ETF
IVV
|
+$5.18B |
| 2 |
NVIDIA
NVDA
|
+$4.63B |
| 3 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$3.64B |
| 4 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.46B |
| 5 |
Microsoft
MSFT
|
+$1.56B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Goldman Sachs
GS
|
+$998M |
| 2 |
iShares US Aerospace & Defense ETF
ITA
|
+$725M |
| 3 |
Chevron
CVX
|
+$687M |
| 4 |
Progressive
PGR
|
+$581M |
| 5 |
Eli Lilly
LLY
|
+$559M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.88% |
| 2 | Financials | 7.23% |
| 3 | Healthcare | 6.25% |
| 4 | Consumer Discretionary | 5.46% |
| 5 | Industrials | 5.42% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Vanguard Financials ETF
VFH
$13.9B
| $2.57B | 0.21% |
23,404,890
-128,607
| -0.5% | -$13.6M |
|
102
Williams Companies
WMB
$90.1B
| $2.57B | 0.21% |
56,242,032
-1,873,506
| -3% | -$82.4M |
|
103
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$32.7B
| $2.52B | 0.2% |
22,336,070
-1,142,703
| -5% | -$126M |
|
104
iShares Core MSCI International Developed Markets ETF
IDEV
$32.7B
| $2.5B | 0.2% |
35,348,628
+1,048,305
| +3% | +$71.1M |
|
105
Vanguard Morningstar Small-Cap Growth ETF
VBK
$24.8B
| $2.48B | 0.2% |
9,277,069
+732,755
| +9% | +$188M |
|
106
Prologis
PLD
$134B
| $2.46B | 0.2% |
19,461,081
+2,224,822
| +13% | +$276M |
|
107
Coca-Cola
KO
$373B
| $2.43B | 0.2% |
33,827,414
+2,061,556
| +6% | +$141M |
|
108
American Express
AXP
$232B
| $2.43B | 0.2% |
8,961,332
-561,561
| -6% | -$140M |
|
109
Advanced Micro Devices
AMD
$788B
| $2.4B | 0.19% |
14,657,325
+1,081,392
| +8% | +$164M |
|
110
PUT
VanEck Semiconductor ETF
SMH
$72B
| $2.4B | 0.19% |
9,757,900
+6,276,600
| +180% | +$1.53B |
|
111
State Street Industrial Select Sector SPDR ETF
XLI
$34.7B
| $2.38B | 0.19% |
17,590,199
-432,053
| -2% | -$54.9M |
|
112
Accenture
ACN
$110B
| $2.38B | 0.19% |
6,735,672
+69,488
| +1% | +$22.9M |
|
113
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.7B
| $2.37B | 0.19% |
28,591,266
-571,731
| -2% | -$45.9M |
|
114
Boston Scientific
BSX
$74.5B
| $2.36B | 0.19% |
28,148,659
+721,046
| +3% | +$56.8M |
|
115
Comcast
CMCSA
$90.4B
| $2.35B | 0.19% |
56,268,723
+655,024
| +1% | +$25.9M |
|
116
General Dynamics
GD
$107B
| $2.35B | 0.19% |
7,771,650
-80,867
| -1% | -$23.8M |
|
117
Caterpillar
CAT
$393B
| $2.33B | 0.19% |
5,965,646
+1,191,587
| +25% | +$412M |
|
118
TSMC
TSM
$2.23T
| $2.28B | 0.18% |
13,106,843
+747,307
| +6% | +$127M |
|
119
TJX Companies
TJX
$169B
| $2.25B | 0.18% |
19,184,605
-194,565
| -1% | -$22.3M |
|
120
Abbott
ABT
$192B
| $2.23B | 0.18% |
19,520,043
+786,016
| +4% | +$86.2M |
|
121
Vanguard Russell 2000 ETF
VTWO
$17.4B
| $2.21B | 0.18% |
24,764,883
+1,111,932
| +5% | +$96.2M |
|
122
Welltower
WELL
$166B
| $2.18B | 0.18% |
17,054,177
-795,840
| -4% | -$92.9M |
|
123
Morgan Stanley
MS
$342B
| $2.17B | 0.17% |
20,827,995
-188,151
| -0.9% | -$18.9M |
|
|
124
CALL
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $2.15B | 0.17% |
3,748,000
+832,200
| +29% | +$460M |
|
125
Adobe
ADBE
$103B
| $2.13B | 0.17% |
4,112,665
-437,991
| -10% | -$240M |
|
Similar funds
Bank of America's Q3 2024 Portfolio in Review
As of Q3 2024, Bank of America held 8,612 positions worth $1.24T, up 10% from $1.13T the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Bank of America deployed $44.3B of net new capital in Q3 2024, opening 417 new positions and adding to 4,190 existing holdings. Its largest new stake was Smurfit Westrock: 6,225,524 shares worth $308M.
By sector, the portfolio is most concentrated in Technology at 15% of assets, down from 15% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was Goldman Sachs, an estimated $998M trimmed.
- Bank of America's largest Q3 2024 buy was Smurfit Westrock: 6,225,524 shares worth $308M.
- Bank of America added most to iShares Core S&P 500 ETF in Q3 2024, an estimated $5.18B increase.
- Bank of America's biggest Q3 2024 reduction was Goldman Sachs, cutting an estimated $998M.
- Bank of America fully exited WestRock Company in Q3 2024, selling an estimated $121M.
- Bank of America's ten largest holdings make up 17% of its $1.24T portfolio in Q3 2024.
- Bank of America opened 417 new positions and closed 462 in Q3 2024.
- Bank of America's portfolio value rose 10% quarter-over-quarter to $1.24T.
Based on Bank of America's 13F filing for Q3 2024, filed 14 Nov 2024.