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 | |
|---|---|---|---|---|---|---|
1676
United Bankshares
UBSI
$6.7B
| $29.6M | ﹤0.01% |
996,868
+83,424
| +9% | +$2.63M |
|
1677
CALL
iShares MSCI Mexico ETF
EWW
$1.87B
| $29.5M | ﹤0.01% |
+475,000
| New | +$29M |
|
1678
Black Hills Corp
BKH
$5.66B
| $29.5M | ﹤0.01% |
489,569
-158,571
| -24% | -$10.1M |
|
1679
Bath & Body Works
BBWI
$3.91B
| $29.5M | ﹤0.01% |
786,385
-2,910,348
| -79% | -$106M |
|
1680
Invesco Dorsey Wright Momentum ETF
PDP
$1.54B
| $29.4M | ﹤0.01% |
363,337
-7,014
| -2% | -$532K |
|
1681
Columbia Banking Systems
COLB
$9.22B
| $29.3M | ﹤0.01% |
1,446,546
-172,432
| -11% | -$3.64M |
|
1682
BlackRock Municipal 2030 Target Term Trust
BTT
$1.44B
| $29.2M | ﹤0.01% |
1,407,064
-158,576
| -10% | -$3.34M |
|
1683
Azenta
AZTA
$1.45B
| $29.2M | ﹤0.01% |
625,324
+280,603
| +81% | +$12.3M |
|
1684
CALL
Annaly Capital Management
NLY
$17.6B
| $29.1M | ﹤0.01% |
1,452,800
-582,200
| -29% | -$11.3M |
|
|
QHY
1685
WisdomTree U.S. High Yield Corporate Bond Fund
QHY
$243M
| $29.1M | ﹤0.01% |
658,408
+59,617
| +10% | +$2.63M |
|
1686
Glaukos
GKOS
$11B
| $29M | ﹤0.01% |
407,536
-45,739
| -10% | -$2.63M |
|
1687
ICU Medical
ICUI
$4.59B
| $28.9M | ﹤0.01% |
162,292
-17,614
| -10% | -$3.23M |
|
1688
MACOM Technology Solutions
MTSI
$23.9B
| $28.9M | ﹤0.01% |
441,084
-36,149
| -8% | -$2.19M |
|
|
TEF
1689
DELISTED
Telefonica
TEF
| $28.9M | ﹤0.01% |
7,159,217
-2,435,680
| -25% | -$10.3M |
|
1690
iShares Core Dividend ETF
DIVB
$1.79B
| $28.8M | ﹤0.01% |
753,601
-48,616
| -6% | -$1.81M |
|
1691
ACM Research
ACMR
$5.5B
| $28.8M | ﹤0.01% |
2,200,440
-814
| -0% | -$8.57K |
|
1692
Invesco WilderHill Clean Energy ETF
PBW
$467M
| $28.5M | ﹤0.01% |
710,491
-520,330
| -42% | -$19.4M |
|
1693
Kanzhun
BZ
$6.9B
| $28.5M | ﹤0.01% |
1,893,665
-432,374
| -19% | -$7.23M |
|
1694
Xtrackers MSCI All World ex US Hedged Equity ETF
DBAW
$305M
| $28.5M | ﹤0.01% |
984,277
+27,470
| +3% | +$804K |
|
1695
Silgan Holdings
SLGN
$4.46B
| $28.4M | ﹤0.01% |
605,821
-129,322
| -18% | -$6.29M |
|
1696
JPMorgan Income ETF
JPIE
$10.3B
| $28.3M | ﹤0.01% |
627,207
+618,894
| +7,445% | +$28.2M |
|
1697
US Foods
USFD
$23.6B
| $28.3M | ﹤0.01% |
644,024
-97,399
| -13% | -$3.87M |
|
1698
BNY Mellon Core Bond ETF
BKAG
$2.23B
| $28.3M | ﹤0.01% |
673,984
+6,803
| +1% | +$288K |
|
1699
GXO Logistics
GXO
$5.58B
| $28.3M | ﹤0.01% |
450,059
+80,679
| +22% | +$4.53M |
|
1700
Tortoise North American Pipeline ETF
TPYP
$883M
| $28.3M | ﹤0.01% |
1,146,205
-24,591
| -2% | -$599K |
|
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.