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 | |
|---|---|---|---|---|---|---|
1626
W.P. Carey
WPC
$16.4B
| $31.9M | ﹤0.01% |
481,654
-213,848
| -31% | -$14.9M |
|
1627
Cboe Global Markets
CBOE
$30.8B
| $31.9M | ﹤0.01% |
230,789
-178,960
| -44% | -$24.4M |
|
1628
Vanguard Global ex-US Real Estate ETF
VNQI
$3.51B
| $31.8M | ﹤0.01% |
791,496
-78,233
| -9% | -$3.2M |
|
1629
Henry Schein
HSIC
$10.1B
| $31.8M | ﹤0.01% |
392,094
-203,765
| -34% | -$16.1M |
|
1630
CALL
Target
TGT
$70.4B
| $31.7M | ﹤0.01% |
240,600
+143,900
| +149% | +$21.4M |
|
1631
Rentokil
RTO
$12B
| $31.7M | ﹤0.01% |
813,257
-51,353
| -6% | -$2.01M |
|
1632
Applied Industrial Technologies
AIT
$13.3B
| $31.7M | ﹤0.01% |
218,949
-5,458
| -2% | -$728K |
|
1633
Fidelity MSCI Financials Index ETF
FNCL
$2.43B
| $31.6M | ﹤0.01% |
672,248
+611,894
| +1,014% | +$27.8M |
|
1634
Invesco Large Cap Value ETF
PWV
$1.8B
| $31.5M | ﹤0.01% |
676,261
+23,209
| +4% | +$1.05M |
|
1635
CALL
SoFi Technologies
SOFI
$23.8B
| $31.5M | ﹤0.01% |
3,773,500
+1,355,800
| +56% | +$8.84M |
|
1636
Cleveland-Cliffs
CLF
$6.82B
| $31.4M | ﹤0.01% |
1,875,573
-180,078
| -9% | -$2.86M |
|
1637
Gabelli Dividend & Income Trust
GDV
$2.7B
| $31.3M | ﹤0.01% |
1,483,655
-39,820
| -3% | -$821K |
|
|
TMHC
1638
DELISTED
Taylor Morrison
TMHC
| $31.3M | ﹤0.01% |
641,315
-115,044
| -15% | -$4.95M |
|
1639
GitLab
GTLB
$7.24B
| $31.2M | ﹤0.01% |
609,674
-22,299
| -4% | -$829K |
|
1640
PUT
C3.ai
AI
$1.56B
| $31.1M | ﹤0.01% |
854,700
+354,700
| +71% | +$9.99M |
|
1641
State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF
SPTM
$14.1B
| $31.1M | ﹤0.01% |
571,359
+44,043
| +8% | +$2.27M |
|
1642
Dentsply Sirona
XRAY
$2.35B
| $31.1M | ﹤0.01% |
776,293
-114,697
| -13% | -$4.56M |
|
|
GOOS
1643
Canada Goose Holdings
GOOS
$848M
| $31M | ﹤0.01% |
1,741,169
-1,069,190
| -38% | -$19.2M |
|
1644
Bentley Systems
BSY
$11B
| $31M | ﹤0.01% |
571,294
+109,803
| +24% | +$5.12M |
|
1645
Allison Transmission
ALSN
$10.3B
| $31M | ﹤0.01% |
548,457
-29,291
| -5% | -$1.44M |
|
1646
PUT
T-Mobile US
TMUS
$196B
| $30.9M | ﹤0.01% |
222,700
-86,100
| -28% | -$12.1M |
|
1647
Spectrum Brands
SPB
$2.06B
| $30.9M | ﹤0.01% |
396,157
+82,600
| +26% | +$5.89M |
|
1648
ESCO Technologies
ESE
$7.92B
| $30.9M | ﹤0.01% |
298,032
-5,645
| -2% | -$542K |
|
1649
Range Resources
RRC
$9.41B
| $30.9M | ﹤0.01% |
1,050,450
-137,606
| -12% | -$3.75M |
|
|
JOYY
1650
JOYY Inc
JOYY
$3.68B
| $30.7M | ﹤0.01% |
1,000,484
-196,378
| -16% | -$5.76M |
|
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.