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 | |
|---|---|---|---|---|---|---|
1476
Advance Auto Parts
AAP
$3.23B
| $39.5M | ﹤0.01% |
561,466
-414,328
| -42% | -$42.6M |
|
|
MRO
1477
DELISTED
Marathon Oil Corporation
MRO
| $39.4M | ﹤0.01% |
1,713,225
-638,322
| -27% | -$15M |
|
1478
State Street SPDR Portfolio Corporate Bond ETF
SPBO
$2.1B
| $39.3M | ﹤0.01% |
1,361,741
+66,987
| +5% | +$1.94M |
|
1479
Carlyle Group
CG
$18.3B
| $39.3M | ﹤0.01% |
1,229,365
-535,925
| -30% | -$15.7M |
|
1480
AGCO
AGCO
$7.11B
| $39.3M | ﹤0.01% |
298,872
-142,825
| -32% | -$17.7M |
|
1481
Evercore
EVR
$12B
| $39.2M | ﹤0.01% |
317,247
-20,812
| -6% | -$2.39M |
|
1482
PUT
United Airlines
UAL
$41B
| $39.2M | ﹤0.01% |
714,100
+400,300
| +128% | +$18.9M |
|
|
SCHR
1483
Schwab Intermediately-Term US Treasury ETF
SCHR
$13.3B
| $39.2M | ﹤0.01% |
1,589,254
+644,120
| +68% | +$16.1M |
|
1484
Robert Half
RHI
$4.48B
| $39.1M | ﹤0.01% |
520,386
-118,830
| -19% | -$8.48M |
|
1485
PUT
Home Depot
HD
$341B
| $39.1M | ﹤0.01% |
125,900
-73,200
| -37% | -$21.6M |
|
1486
DraftKings
DKNG
$12.6B
| $39.1M | ﹤0.01% |
1,471,645
-29,006
| -2% | -$668K |
|
1487
CALL
Chipotle Mexican Grill
CMG
$41.3B
| $38.9M | ﹤0.01% |
910,000
| – | – |
|
|
AMED
1488
DELISTED
Amedisys
AMED
| $38.9M | ﹤0.01% |
425,512
+222,628
| +110% | +$18.3M |
|
1489
Marriott Vacations Worldwide
VAC
$4.17B
| $38.8M | ﹤0.01% |
316,011
-35,774
| -10% | -$4.63M |
|
1490
ARK Autonomous Technology & Robotics ETF
ARKQ
$2.09B
| $38.8M | ﹤0.01% |
687,918
+32,852
| +5% | +$1.63M |
|
1491
Option Care Health
OPCH
$3.57B
| $38.7M | ﹤0.01% |
1,189,614
-610,642
| -34% | -$18.4M |
|
1492
Invesco S&P 500 Equal Weight Industrials ETF
RSPN
$1.08B
| $38.6M | ﹤0.01% |
944,940
+3,460
| +0.4% | +$130K |
|
1493
Invesco FTSE RAFI Emerging Markets ETF
PXH
$1.96B
| $38.6M | ﹤0.01% |
2,073,341
+19,317
| +0.9% | +$358K |
|
|
UNVR
1494
DELISTED
Univar Solutions Inc.
UNVR
| $38.6M | ﹤0.01% |
1,078,282
+612,365
| +131% | +$21.7M |
|
1495
CALL
Adobe
ADBE
$108B
| $38.6M | ﹤0.01% |
79,000
-62,500
| -44% | -$25.2M |
|
1496
State Street SPDR S&P Semiconductor ETF
XSD
$2.88B
| $38.6M | ﹤0.01% |
174,341
+9,765
| +6% | +$1.93M |
|
1497
The Ensign Group
ENSG
$10.6B
| $38.6M | ﹤0.01% |
404,080
+20,413
| +5% | +$1.92M |
|
1498
CALL
American Express
AXP
$232B
| $38.5M | ﹤0.01% |
220,800
+23,600
| +12% | +$3.81M |
|
1499
Doximity
DOCS
$4.74B
| $38.4M | ﹤0.01% |
1,129,969
-93,803
| -8% | -$3.12M |
|
1500
EPAM Systems
EPAM
$5.24B
| $38.4M | ﹤0.01% |
170,896
-555,591
| -76% | -$140M |
|
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.