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 | |
|---|---|---|---|---|---|---|
1376
Revvity
RVTY
$13.1B
| $45.7M | ﹤0.01% |
384,578
-82,327
| -18% | -$10.1M |
|
1377
CALL
MPLX
MPLX
$59.6B
| $45.7M | ﹤0.01% |
1,345,800
+14,300
| +1% | +$488K |
|
1378
Manhattan Associates
MANH
$11.7B
| $45.6M | ﹤0.01% |
228,225
+311
| +0.1% | +$54K |
|
1379
VanEck Junior Gold Miners ETF
GDXJ
$8.33B
| $45.2M | ﹤0.01% |
1,268,908
+998,705
| +370% | +$38.8M |
|
1380
Neurocrine Biosciences
NBIX
$15.9B
| $45.2M | ﹤0.01% |
479,738
-69,757
| -13% | -$6.82M |
|
1381
Avnet
AVT
$7.87B
| $45.2M | ﹤0.01% |
896,620
-77,238
| -8% | -$3.4M |
|
1382
Alliance Resource Partners
ARLP
$3.2B
| $45.1M | ﹤0.01% |
2,440,652
-151,272
| -6% | -$2.9M |
|
1383
Eagle Materials
EXP
$6.47B
| $45.1M | ﹤0.01% |
241,886
-65,098
| -21% | -$10.4M |
|
1384
Ingredion
INGR
$6.54B
| $45M | ﹤0.01% |
425,192
-51,694
| -11% | -$5.5M |
|
1385
Essex Property Trust
ESS
$18.1B
| $44.9M | ﹤0.01% |
191,648
-74,155
| -28% | -$16.2M |
|
1386
WisdomTree US MidCap Fund
EZM
$960M
| $44.8M | ﹤0.01% |
846,572
-224,834
| -21% | -$11.2M |
|
1387
Planet Fitness
PLNT
$3.65B
| $44.8M | ﹤0.01% |
664,078
+88,540
| +15% | +$6.35M |
|
1388
Invesco BuyBack Achievers ETF
PKW
$1.8B
| $44.7M | ﹤0.01% |
500,182
-4,192
| -0.8% | -$358K |
|
1389
CRH
CRH
$65.2B
| $44.7M | ﹤0.01% |
802,488
-48,525
| -6% | -$2.42M |
|
|
FLG
1390
Flagstar Bank National Association
FLG
$5.9B
| $44.6M | ﹤0.01% |
1,324,094
-223,418
| -14% | -$6.78M |
|
1391
John Hancock Multifactor Mid Cap ETF
JHMM
$6.18B
| $44.6M | ﹤0.01% |
896,909
+49,722
| +6% | +$2.36M |
|
1392
iShares US Basic Materials ETF
IYM
$1.01B
| $44.5M | ﹤0.01% |
334,822
+27,447
| +9% | +$3.54M |
|
1393
Honda
HMC
$40.6B
| $44.5M | ﹤0.01% |
1,469,481
-178,105
| -11% | -$5.03M |
|
1394
Invesco Solar ETF
TAN
$1.38B
| $44.4M | ﹤0.01% |
621,332
-94,195
| -13% | -$6.79M |
|
1395
NetApp
NTAP
$40.2B
| $44.3M | ﹤0.01% |
579,989
-391,854
| -40% | -$26.5M |
|
1396
Omnicell
OMCL
$1.69B
| $44.3M | ﹤0.01% |
601,320
-20,823
| -3% | -$1.4M |
|
|
IBMM
1397
DELISTED
iShares iBonds Dec 2024 Term Muni Bond ETF
IBMM
| $44.2M | ﹤0.01% |
1,715,547
+25,762
| +2% | +$663K |
|
1398
Alcoa
AA
$13.1B
| $44.2M | ﹤0.01% |
1,302,085
-1,383,263
| -52% | -$50.3M |
|
1399
Medpace
MEDP
$16.2B
| $44.1M | ﹤0.01% |
183,587
+14,945
| +9% | +$3.1M |
|
1400
Granite Construction
GVA
$5.41B
| $44.1M | ﹤0.01% |
1,107,956
+189,420
| +21% | +$7.24M |
|
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.