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 |
Vanguard Morningstar Value ETF
VTV
|
+$3.48B |
| 2 |
Schwab Short-Term US Treasury ETF
SCHO
|
+$2.49B |
| 3 |
Invesco QQQ Trust
QQQ
|
+$2.36B |
| 4 |
Apple
AAPL
|
+$2.28B |
| 5 |
Amazon
AMZN
|
+$1.74B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$3.15B |
| 2 |
iShares Core MSCI EAFE ETF
IEFA
|
+$2.87B |
| 3 |
iShares MBS ETF
MBB
|
+$990M |
| 4 |
Vanguard Dividend Appreciation ETF
VIG
|
+$897M |
| 5 |
Chevron
CVX
|
+$863M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 12.41% |
| 2 | Healthcare | 6.97% |
| 3 | Financials | 6.77% |
| 4 | Consumer Discretionary | 5.53% |
| 5 | Industrials | 5.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
iShares Broad USD Investment Grade Corporate Bond ETF
USIG
$17.3B
| $1.4B | 0.14% |
27,631,980
-2,660,848
| -9% | -$134M |
|
152
Williams Companies
WMB
$90.1B
| $1.4B | 0.14% |
46,878,146
+3,741,366
| +9% | +$116M |
|
153
Analog Devices
ADI
$187B
| $1.36B | 0.14% |
6,916,193
+134,457
| +2% | +$24.1M |
|
|
154
PUT
Amazon
AMZN
$2.88T
| $1.36B | 0.14% |
13,147,700
-6,513,300
| -33% | -$629M |
|
155
Paychex
PAYX
$42.8B
| $1.35B | 0.14% |
11,757,155
+2,528,158
| +27% | +$288M |
|
|
MRSH
156
Marsh
MRSH
$90.1B
| $1.34B | 0.14% |
8,070,379
+153,613
| +2% | +$25.6M |
|
157
CVS Health
CVS
$121B
| $1.33B | 0.14% |
17,925,037
-470,777
| -3% | -$39.5M |
|
158
Elevance Health
ELV
$86.6B
| $1.33B | 0.14% |
2,889,914
-380,426
| -12% | -$181M |
|
159
iShares Gold Trust
IAU
$65.4B
| $1.31B | 0.13% |
35,093,033
-156,163
| -0.4% | -$5.6M |
|
160
Valero Energy
VLO
$95.1B
| $1.31B | 0.13% |
9,389,258
+3,935,358
| +72% | +$529M |
|
161
Intuit
INTU
$91.6B
| $1.31B | 0.13% |
2,939,484
+554,856
| +23% | +$228M |
|
162
iShares 1-3 Year Treasury Bond ETF
SHY
$25.5B
| $1.29B | 0.13% |
15,757,130
-2,277,945
| -13% | -$186M |
|
163
iShares ESG Aware MSCI USA ETF
ESGU
$18.4B
| $1.28B | 0.13% |
14,163,080
-623,703
| -4% | -$55.2M |
|
164
JPMorgan Equity Premium Income ETF
JEPI
$46.1B
| $1.26B | 0.13% |
23,010,530
+3,835,854
| +20% | +$208M |
|
165
iShares Select Dividend ETF
DVY
$23.7B
| $1.24B | 0.13% |
10,595,694
-118,522
| -1% | -$14.3M |
|
166
iShares MSCI Emerging Markets ETF
EEM
$30.4B
| $1.24B | 0.13% |
31,440,705
-3,460,807
| -10% | -$138M |
|
167
Hilton Worldwide
HLT
$72.6B
| $1.24B | 0.13% |
8,796,802
+16,772
| +0.2% | +$2.36M |
|
168
IBM
IBM
$222B
| $1.24B | 0.13% |
9,440,931
-332,150
| -3% | -$44.4M |
|
169
Principal Financial Group
PFG
$24.4B
| $1.23B | 0.13% |
16,593,788
-231,433
| -1% | -$19.6M |
|
170
Kraft Heinz
KHC
$29.1B
| $1.23B | 0.13% |
31,888,587
+20,882,703
| +190% | +$827M |
|
171
Boston Scientific
BSX
$74.5B
| $1.23B | 0.13% |
24,623,443
+11,970,694
| +95% | +$564M |
|
172
Citigroup
C
$231B
| $1.23B | 0.13% |
26,224,973
+6,001,482
| +30% | +$295M |
|
173
O'Reilly Automotive
ORLY
$74.5B
| $1.23B | 0.13% |
21,709,395
+3,917,835
| +22% | +$215M |
|
174
AT&T
T
$166B
| $1.22B | 0.13% |
63,479,111
+11,051,242
| +21% | +$211M |
|
175
Cigna
CI
$73.3B
| $1.22B | 0.13% |
4,778,869
-1,075,903
| -18% | -$313M |
|
Similar funds
Bank of America's Q1 2023 Portfolio in Review
As of Q1 2023, Bank of America held 8,720 positions worth $974B, up 11% from $878B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Bank of America deployed $44.8B of net new capital in Q1 2023, opening 508 new positions and adding to 4,009 existing holdings. Its largest new stake was GE HealthCare: 1,546,972 shares worth $127M.
By sector, the portfolio is most concentrated in Technology at 12% of assets, up from 10% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was iShares Core S&P 500 ETF, an estimated $3.15B trimmed.
- Bank of America's largest Q1 2023 buy was GE HealthCare: 1,546,972 shares worth $127M.
- Bank of America added most to Vanguard Morningstar Value ETF in Q1 2023, an estimated $3.48B increase.
- Bank of America's biggest Q1 2023 reduction was iShares Core S&P 500 ETF, cutting an estimated $3.15B.
- Bank of America fully exited SVB Financial Group in Q1 2023, selling an estimated $121M.
- Bank of America's ten largest holdings make up 16% of its $974B portfolio in Q1 2023.
- Bank of America opened 508 new positions and closed 926 in Q1 2023.
- Bank of America's portfolio value rose 11% quarter-over-quarter to $974B.
Based on Bank of America's 13F filing for Q1 2023, filed 12 May 2023.