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 | |
|---|---|---|---|---|---|---|
1576
Transocean
RIG
$6.61B
| $34.6M | ﹤0.01% |
4,938,279
-364,599
| -7% | -$2.25M |
|
|
DENN
1577
DELISTED
Denny's
DENN
| $34.6M | ﹤0.01% |
2,806,608
+71,839
| +3% | +$816K |
|
1578
BlackRock Credit Allocation Income Trust
BTZ
$958M
| $34.5M | ﹤0.01% |
3,401,481
-67,229
| -2% | -$692K |
|
1579
CALL
Johnson & Johnson
JNJ
$626B
| $34.5M | ﹤0.01% |
208,500
+57,300
| +38% | +$9.25M |
|
1580
Workiva
WK
$3.89B
| $34.5M | ﹤0.01% |
339,402
+25,249
| +8% | +$2.43M |
|
1581
First Trust NASDAQ-100 Technology Index Fund
QTEC
$4.9B
| $34.4M | ﹤0.01% |
233,746
+3,352
| +1% | +$445K |
|
1582
Global X Russell 2000 Covered Call ETF
RYLD
$1.39B
| $34.4M | ﹤0.01% |
1,900,556
+382,698
| +25% | +$6.9M |
|
1583
Dr. Reddy's Laboratories
RDY
$10.2B
| $34.4M | ﹤0.01% |
2,723,580
+149,600
| +6% | +$1.75M |
|
1584
CALL
Affirm
AFRM
$26.4B
| $34.3M | ﹤0.01% |
2,236,800
+2,236,600
| +1,118,300% | +$29.7M |
|
1585
PUT
Chipotle Mexican Grill
CMG
$42.5B
| $34.2M | ﹤0.01% |
800,000
-220,000
| -22% | -$8.7M |
|
1586
Huntsman Corp
HUN
$1.82B
| $34.1M | ﹤0.01% |
1,262,445
+82,836
| +7% | +$2.15M |
|
1587
AGNC Investment
AGNC
$13.1B
| $34.1M | ﹤0.01% |
3,365,379
+284,695
| +9% | +$2.77M |
|
1588
Genmab
GMAB
$19.2B
| $34.1M | ﹤0.01% |
896,596
-98,477
| -10% | -$3.93M |
|
1589
Loews
L
$23B
| $34.1M | ﹤0.01% |
573,760
-178,220
| -24% | -$10.3M |
|
1590
Trimble
TRMB
$13B
| $34M | ﹤0.01% |
642,919
-233,775
| -27% | -$11.4M |
|
1591
Global X S&P 500 Catholic Values ETF
CATH
$1.36B
| $34M | ﹤0.01% |
623,779
-32,283
| -5% | -$1.66M |
|
1592
Nexstar Media Group
NXST
$5.81B
| $33.9M | ﹤0.01% |
203,564
-17,290
| -8% | -$2.87M |
|
1593
J&J Snack Foods
JJSF
$1.69B
| $33.9M | ﹤0.01% |
214,053
-376
| -0.2% | -$58.3K |
|
1594
PUT
Target
TGT
$70.6B
| $33.8M | ﹤0.01% |
256,600
+102,200
| +66% | +$15.2M |
|
1595
CALL
Deere & Co
DE
$165B
| $33.8M | ﹤0.01% |
83,500
+80,000
| +2,286% | +$30.6M |
|
1596
MasTec
MTZ
$23.5B
| $33.8M | ﹤0.01% |
286,223
-52,455
| -15% | -$5.14M |
|
1597
Dimensional US Core Equity 2 ETF
DFAC
$49.9B
| $33.7M | ﹤0.01% |
1,242,341
+575,947
| +86% | +$14.8M |
|
1598
Pinterest
PINS
$13.6B
| $33.7M | ﹤0.01% |
1,233,198
+330,984
| +37% | +$8.25M |
|
1599
Molson Coors Class B
TAP
$7.89B
| $33.7M | ﹤0.01% |
511,471
-332,820
| -39% | -$20.6M |
|
1600
Casey's General Stores
CASY
$31.6B
| $33.5M | ﹤0.01% |
137,512
-4,377
| -3% | -$992K |
|
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.