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 | |
|---|---|---|---|---|---|---|
126
Invesco S&P 500 Equal Weight ETF
RSP
$99.5B
| $1.75B | 0.18% |
11,667,551
-580,970
| -5% | -$83.7M |
|
127
Boeing
BA
$183B
| $1.71B | 0.18% |
8,076,905
-926,172
| -10% | -$192M |
|
128
Mondelez International
MDLZ
$79.4B
| $1.69B | 0.18% |
23,215,623
-1,570,275
| -6% | -$116M |
|
129
Coca-Cola
KO
$373B
| $1.69B | 0.18% |
28,087,254
-7,958,934
| -22% | -$495M |
|
130
Williams Companies
WMB
$90.1B
| $1.66B | 0.17% |
50,857,177
+3,979,031
| +8% | +$119M |
|
131
WisdomTree Floating Rate Treasury Fund
USFR
$18.4B
| $1.63B | 0.17% |
32,390,624
-421,532
| -1% | -$21.2M |
|
132
CALL
Tesla
TSLA
$1.29T
| $1.56B | 0.16% |
5,946,500
+3,962,500
| +200% | +$792M |
|
133
Lockheed Martin
LMT
$140B
| $1.55B | 0.16% |
3,365,621
-2,377,011
| -41% | -$1.1B |
|
134
HCA Healthcare
HCA
$89.8B
| $1.54B | 0.16% |
5,080,819
+1,097,675
| +28% | +$305M |
|
135
Walt Disney
DIS
$178B
| $1.54B | 0.16% |
17,236,490
-1,821,360
| -10% | -$173M |
|
136
TJX Companies
TJX
$169B
| $1.54B | 0.16% |
18,148,366
-2,199,037
| -11% | -$173M |
|
|
137
PUT
Tesla
TSLA
$1.29T
| $1.52B | 0.16% |
5,808,700
-1,105,200
| -16% | -$221M |
|
138
Target
TGT
$69.9B
| $1.51B | 0.16% |
11,449,692
-1,454,824
| -11% | -$216M |
|
139
iShares TIPS Bond ETF
TIP
$14.7B
| $1.49B | 0.16% |
13,846,480
-954,249
| -6% | -$104M |
|
140
Philip Morris
PM
$290B
| $1.49B | 0.16% |
15,231,556
-1,395,526
| -8% | -$133M |
|
141
Nike
NKE
$60.1B
| $1.48B | 0.16% |
13,452,549
-4,465,342
| -25% | -$522M |
|
142
Emerson Electric
EMR
$91.4B
| $1.47B | 0.15% |
16,303,779
+2,591,498
| +19% | +$218M |
|
143
Qualcomm
QCOM
$171B
| $1.46B | 0.15% |
12,234,362
-1,966,123
| -14% | -$226M |
|
144
iShares Broad USD Investment Grade Corporate Bond ETF
USIG
$17.3B
| $1.44B | 0.15% |
28,822,748
+1,190,768
| +4% | +$59.8M |
|
145
JPMorgan Equity Premium Income ETF
JEPI
$46.1B
| $1.44B | 0.15% |
26,002,875
+2,992,345
| +13% | +$163M |
|
146
Boston Scientific
BSX
$74.5B
| $1.44B | 0.15% |
26,586,179
+1,962,736
| +8% | +$103M |
|
147
Realty Income
O
$59.2B
| $1.43B | 0.15% |
23,901,225
-1,245,021
| -5% | -$76M |
|
148
iShares Biotechnology ETF
IBB
$9.86B
| $1.42B | 0.15% |
11,162,742
-87,249
| -0.8% | -$11.3M |
|
149
Netflix
NFLX
$309B
| $1.37B | 0.14% |
31,105,880
-11,901,870
| -28% | -$438M |
|
150
iShares MSCI Emerging Markets ETF
EEM
$30.4B
| $1.37B | 0.14% |
34,559,823
+3,119,118
| +10% | +$123M |
|
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.