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 | |
|---|---|---|---|---|---|---|
1251
CubeSmart
CUBE
$9.28B
| $54.1M | 0.01% |
1,211,864
-150,095
| -11% | -$6.81M |
|
1252
CALL
VanEck Semiconductor ETF
SMH
$72.5B
| $54M | 0.01% |
355,000
-320,400
| -47% | -$43.3M |
|
1253
Pembina Pipeline
PBA
$28.4B
| $54M | 0.01% |
1,718,186
+686,724
| +67% | +$21.9M |
|
1254
Ryman Hospitality Properties
RHP
$7.82B
| $54M | 0.01% |
580,806
+2,748
| +0.5% | +$253K |
|
1255
CALL
Occidental Petroleum
OXY
$57.7B
| $53.9M | 0.01% |
917,200
-1,321,800
| -59% | -$79.3M |
|
1256
Tapestry
TPR
$25.9B
| $53.9M | 0.01% |
1,258,612
-803,963
| -39% | -$33.5M |
|
|
SGEN
1257
DELISTED
Seagen Inc. Common Stock
SGEN
| $53.7M | 0.01% |
278,847
-248,722
| -47% | -$49.4M |
|
|
CUK
1258
DELISTED
Carnival PLC
CUK
| $53.5M | 0.01% |
3,158,529
-420,148
| -12% | -$4.41M |
|
1259
COPT Defense Properties
CDP
$4.23B
| $53.4M | 0.01% |
2,250,303
-82,356
| -4% | -$1.92M |
|
1260
PUT
PG&E
PCG
$38.5B
| $53.4M | 0.01% |
3,091,900
+11,900
| +0.4% | +$202K |
|
1261
Five Below
FIVE
$13.2B
| $53.4M | 0.01% |
271,815
-84,728
| -24% | -$16.6M |
|
1262
State Street SPDR Bloomberg Short Term High Yield Bond ETF
SJNK
$4.81B
| $53.3M | 0.01% |
2,158,039
-23,127
| -1% | -$568K |
|
|
SWAV
1263
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
| $53.3M | 0.01% |
186,719
-24,763
| -12% | -$6.88M |
|
1264
PUT
lululemon athletica
LULU
$13.6B
| $53.1M | 0.01% |
140,300
-17,500
| -11% | -$6.46M |
|
1265
Check Point Software Technologies
CHKP
$13.2B
| $53.1M | 0.01% |
422,405
-197,776
| -32% | -$24.9M |
|
1266
CALL
State Street SPDR S&P Regional Banking ETF
KRE
$4.67B
| $52.8M | 0.01% |
1,292,600
-1,097,400
| -46% | -$45M |
|
|
CALY
1267
Callaway Golf Company
CALY
$2.95B
| $52.7M | 0.01% |
2,653,718
+644,461
| +32% | +$12.9M |
|
1268
NiSource
NI
$20.1B
| $52.7M | 0.01% |
1,925,157
-58,904
| -3% | -$1.63M |
|
1269
WillScot Mobile Mini Holdings
WSC
$4B
| $52.5M | 0.01% |
1,097,608
-470,985
| -30% | -$21.1M |
|
1270
Olin
OLN
$2.13B
| $52.4M | 0.01% |
1,018,714
-74,312
| -7% | -$3.95M |
|
1271
Upwork
UPWK
$1.05B
| $52.1M | 0.01% |
5,573,062
+5,141,197
| +1,190% | +$46.6M |
|
1272
PUT
IBM
IBM
$223B
| $52M | 0.01% |
388,600
+203,500
| +110% | +$26.3M |
|
|
ONC
1273
BeOne Medicines Ltd
ONC
$40.6B
| $51.9M | 0.01% |
290,936
-19,825
| -6% | -$4.57M |
|
1274
Philips
PHG
$26.2B
| $51.8M | 0.01% |
2,670,079
-221,990
| -8% | -$3.88M |
|
|
GRMN
1275
Garmin
GRMN
$59.8B
| $51.8M | 0.01% |
496,693
-381,453
| -43% | -$39M |
|
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.