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 | |
|---|---|---|---|---|---|---|
1301
iShares MSCI USA Small-Cap Min Vol Factor ETF
SMMV
$293M
| $50.1M | 0.01% |
1,461,114
-53,862
| -4% | -$1.84M |
|
1302
Floor & Decor
FND
$6.32B
| $50.1M | 0.01% |
481,670
+4,466
| +0.9% | +$427K |
|
1303
Fox Class B
FOX
$24.4B
| $49.9M | 0.01% |
1,565,156
-411,278
| -21% | -$12.5M |
|
1304
iShares iBonds Dec 2028 Term Corporate ETF
IBDT
$4.07B
| $49.8M | 0.01% |
2,034,570
+319,250
| +19% | +$7.9M |
|
1305
Global X US Preferred ETF
PFFD
$2.18B
| $49.8M | 0.01% |
2,570,558
+275,384
| +12% | +$5.34M |
|
1306
National Health Investors
NHI
$3.47B
| $49.8M | 0.01% |
949,984
+42,902
| +5% | +$2.21M |
|
1307
Silicon Laboratories
SLAB
$7.3B
| $49.8M | 0.01% |
315,696
-11,743
| -4% | -$1.77M |
|
1308
SPS Commerce
SPSC
$2.86B
| $49.7M | 0.01% |
258,983
-64,024
| -20% | -$10.3M |
|
1309
Knight Transportation
KNX
$11.6B
| $49.7M | 0.01% |
895,137
-166,916
| -16% | -$9.32M |
|
1310
PUT
FedEx
FDX
$77.3B
| $49.7M | 0.01% |
200,600
+167,100
| +499% | +$38.2M |
|
1311
CALL
Applied Materials
AMAT
$424B
| $49.7M | 0.01% |
344,000
+45,200
| +15% | +$5.66M |
|
1312
CALL
Sun Life Financial
SLF
$44.4B
| $49.5M | 0.01% |
950,000
| – | – |
|
1313
Pebblebrook Hotel Trust
PEB
$2.04B
| $49.4M | 0.01% |
3,542,432
+53,318
| +2% | +$744K |
|
1314
ASE Group
ASX
$103B
| $49.4M | 0.01% |
6,337,300
+117,690
| +2% | +$905K |
|
1315
CALL
IBM
IBM
$223B
| $49.3M | 0.01% |
368,500
-359,700
| -49% | -$46.4M |
|
1316
Generac Holdings
GNRC
$13.1B
| $49.3M | 0.01% |
330,631
-169,214
| -34% | -$19.3M |
|
1317
Littelfuse
LFUS
$11.4B
| $49.3M | 0.01% |
169,179
-6,399
| -4% | -$1.68M |
|
1318
PUT
DexCom
DXCM
$34.3B
| $49.1M | 0.01% |
382,400
+332,400
| +665% | +$40.2M |
|
1319
iShares Global 100 ETF
IOO
$9.46B
| $49.1M | 0.01% |
645,752
+121,621
| +23% | +$8.88M |
|
1320
abrdn Bloomberg All Commodity Strategy K-1 Free ETF
BCI
$3.07B
| $49M | 0.01% |
2,431,807
-378,115
| -13% | -$7.7M |
|
1321
Zscaler
ZS
$30.4B
| $49M | 0.01% |
334,723
-75,213
| -18% | -$9.18M |
|
|
1322
PUT
Applied Materials
AMAT
$424B
| $48.9M | 0.01% |
338,500
+41,700
| +14% | +$5.22M |
|
1323
Dolby
DLB
$5.84B
| $48.8M | 0.01% |
583,116
-28,073
| -5% | -$2.35M |
|
1324
Schwab US Broad Market ETF
SCHB
$45.2B
| $48.8M | 0.01% |
2,830,149
-247,728
| -8% | -$4.04M |
|
1325
Teradata
TDC
$2.49B
| $48.6M | 0.01% |
910,466
+53,839
| +6% | +$2.43M |
|
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.