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 | |
|---|---|---|---|---|---|---|
1501
PUT
SPDR Gold Trust
GLD
$143B
| $38.4M | ﹤0.01% |
215,200
-1,558,000
| -88% | -$286M |
|
1502
O-I Glass
OI
$1.04B
| $38.3M | ﹤0.01% |
1,793,352
+30,158
| +2% | +$651K |
|
1503
OGE Energy
OGE
$9.74B
| $38.1M | ﹤0.01% |
1,060,351
-8,406
| -0.8% | -$310K |
|
1504
Credit Acceptance
CACC
$6.08B
| $38M | ﹤0.01% |
74,826
-33,694
| -31% | -$15.8M |
|
1505
ResMed
RMD
$32.9B
| $37.9M | ﹤0.01% |
173,595
-103,467
| -37% | -$23.1M |
|
1506
Lantheus
LNTH
$6.59B
| $37.9M | ﹤0.01% |
451,923
-47,636
| -10% | -$4.27M |
|
1507
Lamar Advertising Co
LAMR
$15.8B
| $37.8M | ﹤0.01% |
381,186
-18,836
| -5% | -$1.83M |
|
1508
Sociedad Química y Minera de Chile
SQM
$20.9B
| $37.8M | ﹤0.01% |
519,907
-690,514
| -57% | -$49.1M |
|
|
AL
1509
DELISTED
Air Lease Corp
AL
| $37.7M | ﹤0.01% |
901,462
+269,716
| +43% | +$10.7M |
|
1510
Viasat
VSAT
$11.3B
| $37.6M | ﹤0.01% |
912,265
+49,573
| +6% | +$1.93M |
|
1511
Wingstop
WING
$3.28B
| $37.6M | ﹤0.01% |
187,899
-3,958
| -2% | -$773K |
|
1512
First Trust Health Care AlphaDEX Fund
FXH
$1.11B
| $37.4M | ﹤0.01% |
345,514
-9,917
| -3% | -$1.06M |
|
1513
TechnipFMC
FTI
$30.7B
| $37.4M | ﹤0.01% |
2,249,488
+260,367
| +13% | +$3.67M |
|
1514
Cognex
CGNX
$10.9B
| $37.4M | ﹤0.01% |
667,098
-130,648
| -16% | -$6.76M |
|
1515
PUT
Carnival Corporation Ltd
CCL
$39.4B
| $37.4M | ﹤0.01% |
1,983,600
+1,722,700
| +660% | +$20.2M |
|
|
APLS
1516
DELISTED
Apellis Pharmaceuticals
APLS
| $37.3M | ﹤0.01% |
409,842
-197,893
| -33% | -$17.1M |
|
1517
CALL
State Street Industrial Select Sector SPDR ETF
XLI
$34.8B
| $37.3M | ﹤0.01% |
347,600
-3,815,300
| -92% | -$384M |
|
1518
Hamilton Lane
HLNE
$5.8B
| $37.2M | ﹤0.01% |
465,047
+5,516
| +1% | +$396K |
|
|
SUM
1519
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $37.1M | ﹤0.01% |
981,422
-104,463
| -10% | -$3.23M |
|
1520
C3.ai
AI
$1.57B
| $36.9M | ﹤0.01% |
1,012,840
+271,944
| +37% | +$7.66M |
|
1521
CALL
Lockheed Martin
LMT
$139B
| $36.8M | ﹤0.01% |
79,900
+77,800
| +3,705% | +$36.1M |
|
1522
Rivian
RIVN
$22.7B
| $36.8M | ﹤0.01% |
2,205,934
-303,483
| -12% | -$4.24M |
|
1523
Patterson-UTI
PTEN
$4.29B
| $36.7M | ﹤0.01% |
3,069,590
+26,937
| +0.9% | +$304K |
|
1524
Vipshop
VIPS
$6.79B
| $36.7M | ﹤0.01% |
2,226,609
-132,047
| -6% | -$2.07M |
|
1525
First Trust Institutional Preferred Securities and Income ETF
FPEI
$1.95B
| $36.7M | ﹤0.01% |
2,176,442
-174,537
| -7% | -$2.93M |
|
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.