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 | |
|---|---|---|---|---|---|---|
1401
NIO
NIO
$11.3B
| $44M | ﹤0.01% |
4,545,431
-1,953,671
| -30% | -$16.5M |
|
1402
Service Corp International
SCI
$11.5B
| $44M | ﹤0.01% |
681,735
-61,436
| -8% | -$4.1M |
|
1403
EnerSys
ENS
$6.81B
| $44M | ﹤0.01% |
405,417
-62,317
| -13% | -$5.69M |
|
|
PDCO
1404
DELISTED
Patterson Companies, Inc.
PDCO
| $44M | ﹤0.01% |
1,321,989
-585,402
| -31% | -$16.1M |
|
1405
Alaska Air
ALK
$5.3B
| $43.9M | ﹤0.01% |
826,420
-294,006
| -26% | -$13.4M |
|
1406
Kite Realty
KRG
$5.27B
| $43.9M | ﹤0.01% |
1,964,942
-375,880
| -16% | -$7.75M |
|
1407
PUT
Warner Bros
WBD
$69.6B
| $43.9M | ﹤0.01% |
3,500,000
+1,900,000
| +119% | +$24.7M |
|
1408
iShares MSCI Indonesia ETF
EIDO
$484M
| $43.8M | ﹤0.01% |
1,900,610
+395,136
| +26% | +$9.36M |
|
1409
Southern Copper
SCCO
$158B
| $43.8M | ﹤0.01% |
666,633
-1,011,776
| -60% | -$68.2M |
|
1410
Crown Holdings
CCK
$13.1B
| $43.8M | ﹤0.01% |
503,736
-373,509
| -43% | -$30.7M |
|
|
AIRC
1411
DELISTED
Apartment Income REIT Corp.
AIRC
| $43.7M | ﹤0.01% |
1,211,614
-1,352,063
| -53% | -$48.2M |
|
1412
PUT
Western Digital
WDC
$168B
| $43.6M | ﹤0.01% |
1,521,450
+689,283
| +83% | +$19.2M |
|
|
NFJ
1413
Virtus Dividend, Interest & Premium Strategy Fund
NFJ
$1.45B
| $43.6M | ﹤0.01% |
3,569,963
+188,056
| +6% | +$2.22M |
|
1414
CALL
Uber
UBER
$155B
| $43.6M | ﹤0.01% |
1,009,200
-1,334,600
| -57% | -$49.6M |
|
1415
EXL Service
EXLS
$5.36B
| $43.4M | ﹤0.01% |
1,436,665
-83,630
| -6% | -$2.64M |
|
1416
Franklin International Low Volatility High Dividend Index ETF
LVHI
$5.6B
| $43.3M | ﹤0.01% |
1,591,950
+658,098
| +70% | +$18M |
|
1417
PUT
iShares 3-7 Year Treasury Bond ETF
IEI
$17.7B
| $43.2M | ﹤0.01% |
+375,000
| New | +$43.9M |
|
1418
CALL
Oracle
ORCL
$450B
| $43.2M | ﹤0.01% |
362,900
+37,700
| +12% | +$3.9M |
|
1419
Global X Lithium & Battery Tech ETF
LIT
$1.6B
| $43.2M | ﹤0.01% |
664,678
-1,593
| -0.2% | -$99.3K |
|
1420
Americold
COLD
$4.17B
| $43.1M | ﹤0.01% |
1,334,576
-102,108
| -7% | -$3.04M |
|
1421
C.H. Robinson
CHRW
$17.1B
| $43.1M | ﹤0.01% |
456,761
-322,601
| -41% | -$31.2M |
|
1422
Hecla Mining
HL
$11.9B
| $43.1M | ﹤0.01% |
8,364,798
+5,611,436
| +204% | +$32.1M |
|
1423
Omnicom Group
OMC
$23.5B
| $43.1M | ﹤0.01% |
452,719
-189,453
| -30% | -$17.6M |
|
1424
Equinor
EQNR
$96.3B
| $43M | ﹤0.01% |
1,473,375
-607,343
| -29% | -$17.3M |
|
1425
Vanguard ESG US Stock ETF
ESGV
$13.7B
| $42.9M | ﹤0.01% |
548,088
-79,692
| -13% | -$5.87M |
|
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.