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 | |
|---|---|---|---|---|---|---|
1701
WesBanco
WSBC
$4.1B
| $28.2M | ﹤0.01% |
1,102,080
-14,333
| -1% | -$373K |
|
1702
PUT
Lam Research
LRCX
$409B
| $28.2M | ﹤0.01% |
439,000
-332,000
| -43% | -$18.7M |
|
1703
CNX Resources
CNX
$5.31B
| $28.2M | ﹤0.01% |
1,592,254
-593,395
| -27% | -$9.58M |
|
1704
State Street SPDR S&P Emerging Markets Small Cap ETF
EWX
$697M
| $28.2M | ﹤0.01% |
537,223
+15,393
| +3% | +$794K |
|
1705
Belden
BDC
$5.3B
| $28.2M | ﹤0.01% |
294,809
-38,126
| -11% | -$3.27M |
|
1706
PUT
Boeing
BA
$183B
| $28.2M | ﹤0.01% |
133,500
+53,000
| +66% | +$11M |
|
1707
iShares MSCI World ETF
URTH
$8.38B
| $28.2M | ﹤0.01% |
226,320
-13,940
| -6% | -$1.67M |
|
1708
Chemours
CC
$2.37B
| $28.1M | ﹤0.01% |
763,003
-533,236
| -41% | -$16.3M |
|
1709
ABM Industries
ABM
$2.83B
| $28.1M | ﹤0.01% |
659,842
-16,529
| -2% | -$716K |
|
1710
iShares US & Intl High Yield Corp Bond ETF
GHYG
$200M
| $28.1M | ﹤0.01% |
662,180
+39,859
| +6% | +$1.68M |
|
1711
NorthWestern Energy
NWE
$4.42B
| $28M | ﹤0.01% |
492,958
-16,591
| -3% | -$970K |
|
1712
PUT
Freeport-McMoran
FCX
$93.5B
| $28M | ﹤0.01% |
699,100
+42,100
| +6% | +$1.6M |
|
|
MAXN
1713
DELISTED
Maxeon Solar Technologies
MAXN
| $28M | ﹤0.01% |
9,928
+5,116
| +106% | +$14.6M |
|
1714
Columbia Research Enhanced Core ETF
RECS
$6.09B
| $27.9M | ﹤0.01% |
1,081,154
+473,642
| +78% | +$11.7M |
|
1715
Banco Bilbao Vizcaya Argentaria
BBVA
$158B
| $27.9M | ﹤0.01% |
3,637,131
+1,546,580
| +74% | +$11.1M |
|
1716
Pentair
PNR
$10.5B
| $27.9M | ﹤0.01% |
431,983
-224,770
| -34% | -$12.9M |
|
1717
Fidelity Nasdaq Composite Index ETF
ONEQ
$10.9B
| $27.8M | ﹤0.01% |
514,936
-45,870
| -8% | -$2.28M |
|
1718
Fluor
FLR
$7.09B
| $27.8M | ﹤0.01% |
940,550
-90,170
| -9% | -$2.59M |
|
|
KE
1719
Kimball Electronics
KE
$625M
| $27.7M | ﹤0.01% |
1,003,246
+156,865
| +19% | +$3.71M |
|
1720
Brookfield Renewable
BEPC
$6.64B
| $27.7M | ﹤0.01% |
879,407
-23,144
| -3% | -$781K |
|
1721
Invesco Total Return Bond ETF
GTO
$2.47B
| $27.7M | ﹤0.01% |
596,376
-15,173
| -2% | -$710K |
|
1722
Novanta
NOVT
$6.32B
| $27.7M | ﹤0.01% |
150,497
-13,291
| -8% | -$2.17M |
|
1723
CALL
Intel
INTC
$518B
| $27.7M | ﹤0.01% |
827,500
-449,100
| -35% | -$14.1M |
|
|
GRFS
1724
Grifois
GRFS
$5.39B
| $27.6M | ﹤0.01% |
3,018,119
-1,256,588
| -29% | -$10.4M |
|
1725
Invesco Short Term Treasury ETF
TBLL
$2.85B
| $27.6M | ﹤0.01% |
261,457
-112,657
| -30% | -$11.9M |
|
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.