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 | |
|---|---|---|---|---|---|---|
1526
Mueller Industries
MLI
$14.7B
| $36.7M | ﹤0.01% |
1,680,588
-992,500
| -37% | -$18.9M |
|
1527
Caesars Entertainment
CZR
$6.06B
| $36.6M | ﹤0.01% |
718,841
-863,082
| -55% | -$39.2M |
|
|
GRID
1528
First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund
GRID
$12.3B
| $36.6M | ﹤0.01% |
348,248
+49,209
| +16% | +$4.87M |
|
1529
CALL
Broadcom
AVGO
$1.91T
| $36.6M | ﹤0.01% |
422,000
+99,000
| +31% | +$7.06M |
|
1530
Unity
U
$20.1B
| $36.5M | ﹤0.01% |
841,584
-193,917
| -19% | -$6.21M |
|
1531
VanEck Long Muni ETF
MLN
$683M
| $36.5M | ﹤0.01% |
2,034,991
-191,832
| -9% | -$3.43M |
|
1532
iShares International Dividend Growth ETF
IGRO
$1.31B
| $36.5M | ﹤0.01% |
588,692
+53,353
| +10% | +$3.3M |
|
1533
Curtiss-Wright
CW
$25.6B
| $36.5M | ﹤0.01% |
198,758
-71,654
| -26% | -$12.2M |
|
1534
FNB Corp
FNB
$6.93B
| $36.4M | ﹤0.01% |
3,184,676
-11,239
| -0.4% | -$127K |
|
1535
ALPS Equal Sector Weight ETF
EQL
$769M
| $36.4M | ﹤0.01% |
1,046,523
+43,683
| +4% | +$1.46M |
|
1536
Western Midstream Partners
WES
$20.1B
| $36.4M | ﹤0.01% |
1,371,779
-376,272
| -22% | -$9.9M |
|
1537
Invesco S&P SmallCap 600 Revenue ETF
RWJ
$2.11B
| $36.4M | ﹤0.01% |
961,728
+28,542
| +3% | +$1.04M |
|
1538
CALL
TC Energy
TRP
$66.1B
| $36.3M | ﹤0.01% |
899,000
| – | – |
|
1539
American Homes 4 Rent
AMH
$12.3B
| $36.2M | ﹤0.01% |
1,022,555
-939,137
| -48% | -$31.8M |
|
1540
CALL
Regeneron Pharmaceuticals
REGN
$82.1B
| $36.2M | ﹤0.01% |
50,400
-56,800
| -53% | -$43.8M |
|
1541
iShares Russell Top 200 ETF
IWL
$2.29B
| $36.2M | ﹤0.01% |
339,362
-23,453
| -6% | -$2.36M |
|
1542
CALL
Nu Holdings
NU
$76B
| $36.2M | ﹤0.01% |
4,586,300
-1,114,300
| -20% | -$6.85M |
|
1543
DT Midstream
DTM
$13.9B
| $36.1M | ﹤0.01% |
727,739
-263,749
| -27% | -$12.6M |
|
1544
CALL
Upstart Holdings
UPST
$3B
| $36.1M | ﹤0.01% |
1,007,300
+508,700
| +102% | +$11.7M |
|
1545
PUT
Deutsche Bank
DB
$72.2B
| $36.1M | ﹤0.01% |
3,425,000
+2,075,000
| +154% | +$21.9M |
|
1546
PIMCO Dynamic Income Fund
PDI
$7.27B
| $36M | ﹤0.01% |
1,921,116
-260,150
| -12% | -$4.73M |
|
1547
Merit Medical Systems
MMSI
$5.39B
| $36M | ﹤0.01% |
430,625
-33,174
| -7% | -$2.7M |
|
1548
Selective Insurance
SIGI
$5.59B
| $35.9M | ﹤0.01% |
373,845
-79,423
| -18% | -$7.82M |
|
|
AYX
1549
DELISTED
Alteryx Inc
AYX
| $35.8M | ﹤0.01% |
788,524
+290,136
| +58% | +$12.7M |
|
1550
PUT
Nike
NKE
$60.8B
| $35.8M | ﹤0.01% |
324,000
-500
| -0.2% | -$58.5K |
|
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.