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 | |
|---|---|---|---|---|---|---|
151
iShares ESG Aware MSCI USA ETF
ESGU
$18.4B
| $1.37B | 0.14% |
14,027,628
-135,452
| -1% | -$12.5M |
|
152
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
$46.7B
| $1.36B | 0.14% |
14,781,678
-700,720
| -5% | -$64.2M |
|
153
Automatic Data Processing
ADP
$107B
| $1.34B | 0.14% |
6,096,874
-2,933,060
| -32% | -$632M |
|
154
Vanguard Morningstar Small-Cap Growth ETF
VBK
$24.8B
| $1.3B | 0.14% |
5,675,675
+204,062
| +4% | +$44.4M |
|
|
155
Becton Dickinson
BDX
$50B
| $1.3B | 0.14% |
4,935,784
+2,465,603
| +100% | +$626M |
|
156
iShares Gold Trust
IAU
$65.4B
| $1.29B | 0.13% |
35,328,555
+235,522
| +0.7% | +$8.83M |
|
|
MRSH
157
Marsh
MRSH
$90.1B
| $1.27B | 0.13% |
6,761,329
-1,309,050
| -16% | -$232M |
|
158
iShares 1-3 Year Treasury Bond ETF
SHY
$25.5B
| $1.26B | 0.13% |
15,597,172
-159,958
| -1% | -$13.1M |
|
159
O'Reilly Automotive
ORLY
$74.5B
| $1.25B | 0.13% |
19,635,450
-2,073,945
| -10% | -$127M |
|
160
Vanguard High Dividend Yield ETF
VYM
$84B
| $1.25B | 0.13% |
11,778,439
+264,288
| +2% | +$27.7M |
|
161
Hilton Worldwide
HLT
$72.6B
| $1.22B | 0.13% |
8,392,741
-404,061
| -5% | -$57.5M |
|
162
CALL
Amazon
AMZN
$2.88T
| $1.21B | 0.13% |
9,298,900
+4,483,300
| +93% | +$512M |
|
163
iShares MSCI Emerging Markets Min Vol Factor ETF
EEMV
$3.6B
| $1.21B | 0.13% |
22,028,236
+114,151
| +0.5% | +$6.31M |
|
164
IBM
IBM
$222B
| $1.2B | 0.13% |
8,976,162
-464,769
| -5% | -$60M |
|
165
VanEck Semiconductor ETF
SMH
$72B
| $1.2B | 0.13% |
7,858,281
-173,865
| -2% | -$23.5M |
|
166
Kraft Heinz
KHC
$29.1B
| $1.19B | 0.12% |
33,449,098
+1,560,511
| +5% | +$60M |
|
167
VICI Properties
VICI
$28.7B
| $1.17B | 0.12% |
37,280,084
+1,367,272
| +4% | +$43.9M |
|
168
State Street SPDR S&P Dividend ETF
SDY
$22.1B
| $1.17B | 0.12% |
9,541,548
-125,059
| -1% | -$15.3M |
|
169
iShares Select Dividend ETF
DVY
$23.7B
| $1.16B | 0.12% |
10,242,323
-353,371
| -3% | -$40.3M |
|
|
170
CALL
NVIDIA
NVDA
$5.43T
| $1.15B | 0.12% |
27,115,000
+8,758,000
| +48% | +$291M |
|
171
CVS Health
CVS
$121B
| $1.14B | 0.12% |
16,551,119
-1,373,918
| -8% | -$97.8M |
|
|
172
Albemarle
ALB
$15.1B
| $1.14B | 0.12% |
5,117,596
+3,074,432
| +150% | +$629M |
|
173
iShares S&P 500 Growth ETF
IVW
$77.3B
| $1.13B | 0.12% |
16,071,759
-329,804
| -2% | -$21.8M |
|
174
iShares S&P 500 Value ETF
IVE
$50B
| $1.13B | 0.12% |
7,013,493
+781
| +0% | +$120K |
|
175
Intuit
INTU
$91.6B
| $1.13B | 0.12% |
2,463,220
-476,264
| -16% | -$209M |
|
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.