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 | |
|---|---|---|---|---|---|---|
1601
iShares MSCI Saudi Arabia ETF
KSA
$624M
| $33.5M | ﹤0.01% |
811,079
-179,302
| -18% | -$7.32M |
|
|
HEES
1602
DELISTED
H&E Equipment Services
HEES
| $33.5M | ﹤0.01% |
731,374
-171,979
| -19% | -$6.87M |
|
1603
STAG Industrial
STAG
$7.16B
| $33.4M | ﹤0.01% |
931,288
-199,149
| -18% | -$6.88M |
|
1604
Descartes Systems
DSGX
$6.55B
| $33.3M | ﹤0.01% |
415,879
+143,634
| +53% | +$11.2M |
|
1605
State Street SPDR Dow Jones REIT ETF
RWR
$1.89B
| $33.1M | ﹤0.01% |
365,781
-38,586
| -10% | -$3.41M |
|
1606
MarketAxess Holdings
MKTX
$5.72B
| $33.1M | ﹤0.01% |
126,543
+8,455
| +7% | +$2.52M |
|
1607
Vanguard FTSE All-World ex-US Small-Cap Index Fund
VSS
$12B
| $32.9M | ﹤0.01% |
298,207
-7,277
| -2% | -$802K |
|
1608
ScottsMiracle-Gro
SMG
$3.56B
| $32.9M | ﹤0.01% |
524,856
+54,966
| +12% | +$3.69M |
|
1609
PVH
PVH
$3.76B
| $32.9M | ﹤0.01% |
387,171
-69,705
| -15% | -$5.88M |
|
1610
Euronet Worldwide
EEFT
$2.73B
| $32.8M | ﹤0.01% |
279,687
+11,756
| +4% | +$1.31M |
|
1611
Annaly Capital Management
NLY
$17.6B
| $32.8M | ﹤0.01% |
1,638,148
-1,205,680
| -42% | -$23.4M |
|
1612
Choice Hotels
CHH
$4.71B
| $32.8M | ﹤0.01% |
278,885
-14,414
| -5% | -$1.73M |
|
1613
Mohawk Industries
MHK
$9.42B
| $32.8M | ﹤0.01% |
317,502
+15,004
| +5% | +$1.47M |
|
1614
RH
RH
$3.44B
| $32.7M | ﹤0.01% |
99,212
-145,406
| -59% | -$38M |
|
1615
State Street SPDR S&P International Dividend ETF
DWX
$530M
| $32.6M | ﹤0.01% |
948,103
-300,228
| -24% | -$10.5M |
|
|
SCHV
1616
Schwab US Large-Cap Value ETF
SCHV
$16.3B
| $32.5M | ﹤0.01% |
1,451,133
+207,999
| +17% | +$4.54M |
|
1617
Scorpio Tankers
STNG
$3.98B
| $32.4M | ﹤0.01% |
686,988
-1,383
| -0.2% | -$68.4K |
|
1618
Portland General Electric
POR
$5.96B
| $32.4M | ﹤0.01% |
691,956
-171,209
| -20% | -$8.47M |
|
1619
PUT
AT&T
T
$171B
| $32.4M | ﹤0.01% |
2,029,800
+1,018,900
| +101% | +$17.4M |
|
1620
James Hardie Industries
JHX
$17.9B
| $32.3M | ﹤0.01% |
1,200,708
+39,553
| +3% | +$955K |
|
1621
iShares MSCI Taiwan ETF
EWT
$11.5B
| $32.2M | ﹤0.01% |
685,582
+342,435
| +100% | +$15.6M |
|
1622
Qfin Holdings
QFIN
$1.49B
| $32.2M | ﹤0.01% |
1,864,528
+36,162
| +2% | +$608K |
|
1623
West Fraser Timber
WFG
$5.41B
| $32.2M | ﹤0.01% |
374,005
+196,392
| +111% | +$14.8M |
|
1624
Bunge Global
BG
$21.7B
| $32.1M | ﹤0.01% |
340,705
-592,175
| -63% | -$55M |
|
1625
PUT
State Street Industrial Select Sector SPDR ETF
XLI
$34.8B
| $32.1M | ﹤0.01% |
298,700
-5,928,300
| -95% | -$597M |
|
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.