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 |
iShares Core S&P 500 ETF
IVV
|
+$5.18B |
| 2 |
NVIDIA
NVDA
|
+$4.63B |
| 3 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$3.64B |
| 4 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.46B |
| 5 |
Microsoft
MSFT
|
+$1.56B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Goldman Sachs
GS
|
+$998M |
| 2 |
iShares US Aerospace & Defense ETF
ITA
|
+$725M |
| 3 |
Chevron
CVX
|
+$687M |
| 4 |
Progressive
PGR
|
+$581M |
| 5 |
Eli Lilly
LLY
|
+$559M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.88% |
| 2 | Financials | 7.23% |
| 3 | Healthcare | 6.25% |
| 4 | Consumer Discretionary | 5.46% |
| 5 | Industrials | 5.42% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
126
CALL
Apple
AAPL
$4.41T
| $2.13B | 0.17% |
9,136,000
-2,112,300
| -19% | -$472M |
|
127
Target
TGT
$69.9B
| $2.11B | 0.17% |
13,506,471
+999,371
| +8% | +$149M |
|
128
Medtronic
MDT
$116B
| $2.1B | 0.17% |
23,303,945
+1,785,915
| +8% | +$150M |
|
129
ConocoPhillips
COP
$153B
| $2.05B | 0.16% |
19,496,286
-102,208
| -0.5% | -$11.2M |
|
|
130
Goldman Sachs
GS
$302B
| $2.02B | 0.16% |
4,072,405
-2,039,962
| -33% | -$998M |
|
131
AstraZeneca
AZN
$246B
| $2.02B | 0.16% |
12,935,396
+5,005,051
| +63% | +$808M |
|
132
Starbucks
SBUX
$124B
| $2.01B | 0.16% |
20,630,815
-570,485
| -3% | -$48.9M |
|
133
Emerson Electric
EMR
$91.4B
| $1.98B | 0.16% |
18,096,819
-1,579,668
| -8% | -$170M |
|
134
Lockheed Martin
LMT
$140B
| $1.93B | 0.16% |
3,304,162
+11,220
| +0.3% | +$6.02M |
|
135
Walt Disney
DIS
$178B
| $1.87B | 0.15% |
19,393,718
-4,071,079
| -17% | -$375M |
|
136
Linde
LIN
$221B
| $1.86B | 0.15% |
3,892,405
+167,720
| +5% | +$76.5M |
|
137
Philip Morris
PM
$290B
| $1.85B | 0.15% |
15,250,302
-1,300,929
| -8% | -$151M |
|
138
CALL
iShares MSCI Emerging Markets ETF
EEM
$30.4B
| $1.85B | 0.15% |
40,366,500
+13,737,500
| +52% | +$592M |
|
139
Intuitive Surgical
ISRG
$142B
| $1.84B | 0.15% |
3,755,427
+249,518
| +7% | +$116M |
|
140
JPMorgan Equity Premium Income ETF
JEPI
$46.1B
| $1.83B | 0.15% |
30,747,489
+2,537,143
| +9% | +$146M |
|
141
Freeport-McMoran
FCX
$96.9B
| $1.82B | 0.15% |
36,456,782
+1,397,637
| +4% | +$63M |
|
142
Danaher
DHR
$145B
| $1.81B | 0.15% |
6,509,935
-46,781
| -0.7% | -$12.4M |
|
143
Truist Financial
TFC
$64.3B
| $1.79B | 0.14% |
41,956,481
+1,153,549
| +3% | +$48.7M |
|
144
Mondelez International
MDLZ
$79.4B
| $1.79B | 0.14% |
24,282,540
+294,908
| +1% | +$20.7M |
|
145
iShares S&P 500 Growth ETF
IVW
$77.3B
| $1.78B | 0.14% |
18,613,706
-514,048
| -3% | -$47.5M |
|
146
Applied Materials
AMAT
$435B
| $1.77B | 0.14% |
8,771,069
-100,730
| -1% | -$20.7M |
|
147
Automatic Data Processing
ADP
$107B
| $1.76B | 0.14% |
6,345,909
+137,759
| +2% | +$36M |
|
148
iShares MSCI EAFE Min Vol Factor ETF
EFAV
$5.46B
| $1.75B | 0.14% |
22,768,586
-6,441,117
| -22% | -$476M |
|
149
Digital Realty Trust
DLR
$72.9B
| $1.72B | 0.14% |
10,639,168
+644,765
| +6% | +$98.9M |
|
150
iShares ESG Aware MSCI USA ETF
ESGU
$18.4B
| $1.71B | 0.14% |
13,563,274
-1,237,921
| -8% | -$150M |
|
Similar funds
Bank of America's Q3 2024 Portfolio in Review
As of Q3 2024, Bank of America held 8,612 positions worth $1.24T, up 10% from $1.13T the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Bank of America deployed $44.3B of net new capital in Q3 2024, opening 417 new positions and adding to 4,190 existing holdings. Its largest new stake was Smurfit Westrock: 6,225,524 shares worth $308M.
By sector, the portfolio is most concentrated in Technology at 15% of assets, down from 15% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was Goldman Sachs, an estimated $998M trimmed.
- Bank of America's largest Q3 2024 buy was Smurfit Westrock: 6,225,524 shares worth $308M.
- Bank of America added most to iShares Core S&P 500 ETF in Q3 2024, an estimated $5.18B increase.
- Bank of America's biggest Q3 2024 reduction was Goldman Sachs, cutting an estimated $998M.
- Bank of America fully exited WestRock Company in Q3 2024, selling an estimated $121M.
- Bank of America's ten largest holdings make up 17% of its $1.24T portfolio in Q3 2024.
- Bank of America opened 417 new positions and closed 462 in Q3 2024.
- Bank of America's portfolio value rose 10% quarter-over-quarter to $1.24T.
Based on Bank of America's 13F filing for Q3 2024, filed 14 Nov 2024.