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 | |
|---|---|---|---|---|---|---|
1551
Western Digital
WDC
$170B
| $35.8M | ﹤0.01% |
1,247,298
-1,047,459
| -46% | -$29.1M |
|
1552
Atkore
ATKR
$3.17B
| $35.7M | ﹤0.01% |
229,179
-14,678
| -6% | -$1.92M |
|
1553
Asbury Automotive
ABG
$3.79B
| $35.7M | ﹤0.01% |
148,418
-43,727
| -23% | -$9.19M |
|
1554
Pacer Trendpilot US Mid Cap ETF
PTMC
$409M
| $35.6M | ﹤0.01% |
1,081,436
-88,613
| -8% | -$2.83M |
|
1555
iShares US Transportation ETF
IYT
$2.31B
| $35.6M | ﹤0.01% |
570,080
+90,416
| +19% | +$5.18M |
|
1556
Eaton Vance Tax-Advantaged Dividend Income Fund
EVT
$2.19B
| $35.6M | ﹤0.01% |
1,564,188
-58,458
| -4% | -$1.3M |
|
1557
Prosperity Bancshares
PB
$9.01B
| $35.6M | ﹤0.01% |
629,538
-145,218
| -19% | -$8.67M |
|
1558
Whirlpool
WHR
$2.74B
| $35.5M | ﹤0.01% |
238,452
-80,078
| -25% | -$11M |
|
1559
WisdomTree US High Dividend Fund
DHS
$1.6B
| $35.5M | ﹤0.01% |
445,816
-84,548
| -16% | -$6.77M |
|
1560
Chord Energy
CHRD
$7.59B
| $35.4M | ﹤0.01% |
230,428
-12,905
| -5% | -$1.87M |
|
1561
First Trust Nasdaq-100 Select Equal Weight ETF
QQEW
$1.87B
| $35.4M | ﹤0.01% |
331,269
-15,475
| -4% | -$1.56M |
|
1562
Regal Rexnord
RRX
$11.8B
| $35.4M | ﹤0.01% |
229,957
-34,177
| -13% | -$4.65M |
|
1563
Zebra Technologies
ZBRA
$17.7B
| $35.3M | ﹤0.01% |
119,478
-83,233
| -41% | -$23.3M |
|
1564
Evergy
EVRG
$19.3B
| $35.3M | ﹤0.01% |
604,403
-304,858
| -34% | -$18.4M |
|
1565
Global X Artificial Intelligence & Technology ETF
AIQ
$10.4B
| $35.3M | ﹤0.01% |
1,261,077
+634,408
| +101% | +$16.1M |
|
1566
iShares MSCI India ETF
INDA
$6.56B
| $35.2M | ﹤0.01% |
805,988
-130,966
| -14% | -$5.42M |
|
|
ITCI
1567
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $35.2M | ﹤0.01% |
555,119
+273,991
| +97% | +$17.1M |
|
1568
CALL
Otis Worldwide
OTIS
$27.4B
| $35.1M | ﹤0.01% |
394,000
-461,300
| -54% | -$38.9M |
|
1569
Advanced Drainage Systems
WMS
$11.3B
| $35M | ﹤0.01% |
308,026
+12,662
| +4% | +$1.2M |
|
1570
Progyny
PGNY
$2B
| $35M | ﹤0.01% |
890,133
-207,244
| -19% | -$7.48M |
|
1571
Polaris
PII
$3.97B
| $34.9M | ﹤0.01% |
288,550
-13,813
| -5% | -$1.53M |
|
1572
Lincoln National
LNC
$8.76B
| $34.8M | ﹤0.01% |
1,350,041
-585,098
| -30% | -$12.8M |
|
1573
Power Integrations
POWI
$3.51B
| $34.7M | ﹤0.01% |
366,769
-54,512
| -13% | -$4.55M |
|
1574
Avient
AVNT
$4.23B
| $34.7M | ﹤0.01% |
848,413
-31,819
| -4% | -$1.25M |
|
1575
WisdomTree US SmallCap Earnings Fund
EES
$737M
| $34.6M | ﹤0.01% |
773,036
-13,669
| -2% | -$583K |
|
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.