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 | |
|---|---|---|---|---|---|---|
1451
SoFi Technologies
SOFI
$23.8B
| $41.3M | ﹤0.01% |
4,946,100
+2,589,153
| +110% | +$16.9M |
|
1452
Li Auto
LI
$12B
| $41.2M | ﹤0.01% |
1,172,685
-1,096,570
| -48% | -$30.8M |
|
1453
CALL
Gilead Sciences
GILD
$171B
| $41M | ﹤0.01% |
532,000
+77,500
| +17% | +$6.18M |
|
1454
CALL
VF Corp
VFC
$5.79B
| $40.9M | ﹤0.01% |
2,141,300
-151,000
| -7% | -$3.1M |
|
1455
AutoNation
AN
$6.9B
| $40.9M | ﹤0.01% |
248,325
-92,411
| -27% | -$12.8M |
|
1456
Logitech
LOGI
$15B
| $40.9M | ﹤0.01% |
688,093
-281,365
| -29% | -$17M |
|
1457
PUT
Southwest Airlines
LUV
$22B
| $40.8M | ﹤0.01% |
1,126,200
+677,000
| +151% | +$21.2M |
|
1458
iShares Future Exponential Technologies ETF
XT
$4.01B
| $40.8M | ﹤0.01% |
733,246
+13,076
| +2% | +$689K |
|
1459
PUT
Medtronic
MDT
$116B
| $40.7M | ﹤0.01% |
462,100
+276,500
| +149% | +$23.8M |
|
1460
Churchill Downs
CHDN
$6.2B
| $40.7M | ﹤0.01% |
292,375
-113,215
| -28% | -$15.5M |
|
1461
PUT
Johnson & Johnson
JNJ
$632B
| $40.6M | ﹤0.01% |
245,400
-52,700
| -18% | -$8.51M |
|
1462
Vanguard Russell 2000 Growth ETF
VTWG
$1.56B
| $40.6M | ﹤0.01% |
230,009
-2,023
| -0.9% | -$337K |
|
1463
Global X MLP ETF
MLPA
$2.28B
| $40.5M | ﹤0.01% |
942,927
+128,099
| +16% | +$5.38M |
|
1464
Halozyme
HALO
$11.6B
| $40.4M | ﹤0.01% |
1,121,148
-375,408
| -25% | -$12.8M |
|
1465
Old National Bancorp
ONB
$10.4B
| $40.4M | ﹤0.01% |
2,900,890
+13,075
| +0.5% | +$174K |
|
1466
Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
$4.66B
| $40.4M | ﹤0.01% |
35,071
+2,057
| +6% | +$2.37M |
|
1467
JPMorgan BetaBuilders US Aggregate Bond ETF
BBAG
$998M
| $40.2M | ﹤0.01% |
871,026
-565,190
| -39% | -$26.3M |
|
1468
iShares Morningstar Growth ETF
ILCG
$3.3B
| $40M | ﹤0.01% |
641,976
-125,459
| -16% | -$7.21M |
|
1469
Campbell Soup
CPB
$6.94B
| $39.7M | ﹤0.01% |
869,578
-668,008
| -43% | -$34.4M |
|
1470
State Street SPDR Portfolio Mortgage Backed Bond ETF
SPMB
$7.07B
| $39.7M | ﹤0.01% |
1,813,202
+218,175
| +14% | +$4.81M |
|
1471
First Trust Water ETF
FIW
$1.92B
| $39.7M | ﹤0.01% |
447,781
+11,412
| +3% | +$958K |
|
1472
Jack in the Box
JACK
$358M
| $39.6M | ﹤0.01% |
405,671
-112,750
| -22% | -$10.3M |
|
1473
CALL
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$15B
| $39.5M | ﹤0.01% |
457,000
+154,500
| +51% | +$13.2M |
|
1474
PUT
Mobileye
MBLY
$7.57B
| $39.5M | ﹤0.01% |
1,028,000
+114,200
| +12% | +$4.63M |
|
1475
PUT
Halliburton
HAL
$27.4B
| $39.5M | ﹤0.01% |
1,196,700
-907,900
| -43% | -$28.7M |
|
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.