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 | |
|---|---|---|---|---|---|---|
1326
Dropbox
DBX
$7.31B
| $48.6M | 0.01% |
1,821,448
+20,091
| +1% | +$458K |
|
1327
iShares MSCI USA Equal Weighted ETF
EUSA
$1.96B
| $48.5M | 0.01% |
615,292
+248,244
| +68% | +$18.7M |
|
1328
Assurant
AIZ
$13.9B
| $48.3M | 0.01% |
384,137
-150,312
| -28% | -$18.7M |
|
1329
Reliance Steel & Aluminium
RS
$21.7B
| $48.1M | 0.01% |
177,237
-70,661
| -29% | -$17.5M |
|
|
IBML
1330
DELISTED
iShares iBonds Dec 2023 Term Muni Bond ETF
IBML
| $48.1M | 0.01% |
1,887,538
-141,048
| -7% | -$3.59M |
|
|
SWTX
1331
DELISTED
SpringWorks Therapeutics
SWTX
| $48.1M | 0.01% |
1,833,101
-85,861
| -4% | -$2.26M |
|
1332
State Street SPDR S&P Software & Services ETF
XSW
$515M
| $48.1M | 0.01% |
360,350
+324,807
| +914% | +$40M |
|
1333
Blue Owl Capital
OWL
$19.7B
| $48M | 0.01% |
4,123,746
+1,268,637
| +44% | +$13.7M |
|
1334
Neogen
NEOG
$2.5B
| $48M | 0.01% |
2,205,692
-704,295
| -24% | -$12.7M |
|
1335
Terex
TEX
$7.8B
| $47.9M | 0.01% |
801,274
+251,380
| +46% | +$12.5M |
|
1336
JFrog
FROG
$11.5B
| $47.9M | 0.01% |
1,730,538
+612,348
| +55% | +$14M |
|
1337
East-West Bancorp
EWBC
$18.5B
| $47.7M | 0.01% |
904,240
-56,219
| -6% | -$2.85M |
|
1338
Guidewire Software
GWRE
$14.4B
| $47.7M | 0.01% |
627,311
-116,867
| -16% | -$8.94M |
|
1339
Digi International
DGII
$3.23B
| $47.7M | 0.01% |
1,211,356
-245,093
| -17% | -$8.43M |
|
1340
Tower Semiconductor
TSEM
$28.6B
| $47.7M | 0.01% |
1,270,065
+468,737
| +58% | +$19.4M |
|
1341
CALL
United States Oil Fund
USO
$1.77B
| $47.6M | 0.01% |
749,800
-11,200
| -1% | -$730K |
|
1342
Gaming and Leisure Properties
GLPI
$12.5B
| $47.6M | 0.01% |
982,390
-98,545
| -9% | -$4.91M |
|
1343
Royalty Pharma
RPRX
$26.4B
| $47.5M | 0.01% |
1,546,531
-335,879
| -18% | -$11.4M |
|
1344
PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund
MUNI
$3.12B
| $47.5M | 0.01% |
916,340
+21,189
| +2% | +$1.1M |
|
|
DQ
1345
Daqo New Energy
DQ
$988M
| $47.5M | 0.01% |
1,196,405
-785,532
| -40% | -$32.8M |
|
1346
AptarGroup
ATR
$8.43B
| $47.4M | 0.01% |
409,141
-82,603
| -17% | -$9.68M |
|
1347
Acuity Brands
AYI
$10.8B
| $47.3M | 0.01% |
290,212
-30,521
| -10% | -$4.87M |
|
1348
PUT
Charter Communications
CHTR
$17.9B
| $47.3M | 0.01% |
128,800
+83,600
| +185% | +$28.5M |
|
1349
Spotify
SPOT
$101B
| $47.2M | 0.01% |
294,294
+53,107
| +22% | +$7.7M |
|
|
IBTF
1350
DELISTED
iShares iBonds Dec 2025 Term Treasury ETF
IBTF
| $47.2M | 0.01% |
2,042,725
+227,368
| +13% | +$5.32M |
|
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.