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 | |
|---|---|---|---|---|---|---|
1726
Inspire Medical Systems
INSP
$1.67B
| $27.5M | ﹤0.01% |
84,780
-34,855
| -29% | -$9.96M |
|
1727
KB Home
KBH
$3.44B
| $27.5M | ﹤0.01% |
532,133
-766,104
| -59% | -$34.6M |
|
1728
Boise Cascade
BCC
$2.9B
| $27.5M | ﹤0.01% |
303,850
-209,500
| -41% | -$15.3M |
|
1729
Host Hotels & Resorts
HST
$15.7B
| $27.4M | ﹤0.01% |
1,630,509
-1,802,787
| -53% | -$30.2M |
|
1730
CALL
Freeport-McMoran
FCX
$93.5B
| $27.4M | ﹤0.01% |
685,500
-39,500
| -5% | -$1.51M |
|
1731
RingCentral
RNG
$5.38B
| $27.4M | ﹤0.01% |
837,319
-265,483
| -24% | -$8.16M |
|
1732
iShares iBonds Dec 2030 Term Corporate ETF
IBDV
$3.3B
| $27.4M | ﹤0.01% |
1,292,265
+102,422
| +9% | +$2.18M |
|
1733
Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund
PTA
$1.04B
| $27.4M | ﹤0.01% |
1,571,106
+230,765
| +17% | +$3.9M |
|
1734
PUT
Devon Energy
DVN
$50.1B
| $27.3M | ﹤0.01% |
565,700
+118,300
| +26% | +$5.95M |
|
1735
State Street SPDR S&P Insurance ETF
KIE
$684M
| $27.3M | ﹤0.01% |
668,806
+141,866
| +27% | +$5.65M |
|
1736
CALL
APA Corp
APA
$14.2B
| $27.3M | ﹤0.01% |
799,400
+733,400
| +1,111% | +$25.6M |
|
|
PDCE
1737
DELISTED
PDC Energy, Inc.
PDCE
| $27.3M | ﹤0.01% |
383,850
-216,242
| -36% | -$14.6M |
|
1738
Fair Isaac
FICO
$23.6B
| $27.3M | ﹤0.01% |
33,718
-47,916
| -59% | -$35.9M |
|
1739
Verra Mobility
VRRM
$728M
| $27.3M | ﹤0.01% |
1,382,005
-219,779
| -14% | -$3.88M |
|
1740
Post Holdings
POST
$3.67B
| $27.2M | ﹤0.01% |
314,401
-65,384
| -17% | -$5.73M |
|
1741
Trex
TREX
$5.04B
| $27.2M | ﹤0.01% |
414,951
-172,944
| -29% | -$9.65M |
|
1742
First Trust Large Cap Value AlphaDEX Fund
FTA
$1.44B
| $27.2M | ﹤0.01% |
407,775
-48,445
| -11% | -$3.15M |
|
1743
Franklin US Low Volatility High Dividend Index ETF
LVHD
$632M
| $27.2M | ﹤0.01% |
741,403
-527,234
| -42% | -$19.4M |
|
1744
CALL
Starbucks
SBUX
$123B
| $27.2M | ﹤0.01% |
274,300
-398,000
| -59% | -$41.3M |
|
1745
Harley-Davidson
HOG
$2.92B
| $27M | ﹤0.01% |
768,235
-301,696
| -28% | -$10.5M |
|
1746
PUT
Oracle
ORCL
$438B
| $27M | ﹤0.01% |
226,600
+13,300
| +6% | +$1.38M |
|
1747
Liberty Global Class A
LBTYA
$3.6B
| $27M | ﹤0.01% |
1,599,248
-234,058
| -13% | -$4.16M |
|
|
ONT
1748
Onterris Inc
ONT
$638M
| $27M | ﹤0.01% |
640,010
+54,424
| +9% | +$1.96M |
|
1749
Hormel Foods
HRL
$13.5B
| $26.9M | ﹤0.01% |
669,097
-253,971
| -28% | -$10.2M |
|
1750
PUT
iShares TIPS Bond ETF
TIP
$14.7B
| $26.9M | ﹤0.01% |
+250,000
| New | +$27.2M |
|
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.