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 | |
|---|---|---|---|---|---|---|
1751
Schwab International Equity ETF
SCHF
$69.3B
| $26.9M | ﹤0.01% |
1,508,462
+43,090
| +3% | +$765K |
|
1752
CALL
Palo Alto Networks
PANW
$314B
| $26.9M | ﹤0.01% |
+210,400
| New | +$21.9M |
|
1753
Genpact
G
$5.7B
| $26.9M | ﹤0.01% |
715,417
+463,264
| +184% | +$18.6M |
|
1754
Cactus
WHD
$5.9B
| $26.8M | ﹤0.01% |
632,754
+36,838
| +6% | +$1.44M |
|
1755
CALL
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.58B
| $26.8M | ﹤0.01% |
1,000,000
-1,510,000
| -60% | -$42.7M |
|
|
DOOR
1756
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $26.7M | ﹤0.01% |
261,034
-11,444
| -4% | -$1.07M |
|
1757
PUT
Cigna
CI
$74.3B
| $26.7M | ﹤0.01% |
95,200
-12,500
| -12% | -$3.26M |
|
1758
ACI Worldwide
ACIW
$5.38B
| $26.6M | ﹤0.01% |
1,150,095
-327,654
| -22% | -$7.92M |
|
1759
Zoom
ZM
$31.1B
| $26.6M | ﹤0.01% |
392,484
-722,813
| -65% | -$48.3M |
|
|
PINC
1760
DELISTED
Premier
PINC
| $26.6M | ﹤0.01% |
960,943
+39,982
| +4% | +$1.14M |
|
1761
First Trust Financials AlphaDEX Fund
FXO
$1.15B
| $26.6M | ﹤0.01% |
705,020
-146,630
| -17% | -$5.4M |
|
1762
Columbia Sportswear
COLM
$2.92B
| $26.5M | ﹤0.01% |
343,679
-2,140
| -0.6% | -$172K |
|
1763
Franklin FTSE Latin America
FLLA
$104M
| $26.5M | ﹤0.01% |
1,154,230
-341,519
| -23% | -$7.41M |
|
1764
Coupang
CPNG
$28.9B
| $26.5M | ﹤0.01% |
1,522,196
-1,347,495
| -47% | -$22M |
|
1765
iShares MSCI South Korea ETF
EWY
$27.8B
| $26.4M | ﹤0.01% |
416,522
-715,867
| -63% | -$44.8M |
|
1766
Invesco Large Cap Growth ETF
PWB
$2.45B
| $26.4M | ﹤0.01% |
373,513
-46,554
| -11% | -$3.09M |
|
1767
Nuveen Quality Municipal Income Fund
NAD
$2.76B
| $26.4M | ﹤0.01% |
2,339,324
+137,565
| +6% | +$1.55M |
|
1768
MSC Industrial Direct
MSM
$6.85B
| $26.3M | ﹤0.01% |
276,114
+58,493
| +27% | +$5.36M |
|
1769
Hartford Total Return Bond ETF
HTRB
$2.22B
| $26.3M | ﹤0.01% |
786,137
+255,454
| +48% | +$8.64M |
|
1770
Schwab US Aggregate Bond ETF
SCHZ
$10.5B
| $26.3M | ﹤0.01% |
1,138,620
-760,524
| -40% | -$17.7M |
|
1771
United Microelectronic
UMC
$47.4B
| $26.3M | ﹤0.01% |
3,329,173
-254,150
| -7% | -$2.09M |
|
1772
Oxford Industries
OXM
$539M
| $26.3M | ﹤0.01% |
266,791
+115,477
| +76% | +$11.8M |
|
1773
iShares MSCI Global Metals & Mining Producers ETF
PICK
$2.27B
| $26.3M | ﹤0.01% |
648,883
-37,676
| -5% | -$1.54M |
|
1774
Casella Waste Systems
CWST
$5.78B
| $26.3M | ﹤0.01% |
290,236
-8,324
| -3% | -$743K |
|
1775
Starwood Property Trust
STWD
$6.04B
| $26.2M | ﹤0.01% |
1,348,444
-1,192,284
| -47% | -$21.2M |
|
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.