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 | |
|---|---|---|---|---|---|---|
1851
Unifirst Corp
UNF
$5.19B
| $23.7M | ﹤0.01% |
152,767
-18,148
| -11% | -$3.05M |
|
1852
PUT
Bristol-Myers Squibb
BMY
$130B
| $23.7M | ﹤0.01% |
370,000
-228,400
| -38% | -$15.3M |
|
1853
Guardant Health
GH
$21.1B
| $23.7M | ﹤0.01% |
660,928
-378,099
| -36% | -$10.9M |
|
1854
PUT
Upstart Holdings
UPST
$2.96B
| $23.6M | ﹤0.01% |
659,800
-1,332,300
| -67% | -$30.6M |
|
1855
PUT
Edwards Lifesciences
EW
$52.8B
| $23.6M | ﹤0.01% |
+250,000
| New | +$21.7M |
|
1856
CALL
Vertex Pharmaceuticals
VRTX
$128B
| $23.6M | ﹤0.01% |
67,000
+7,700
| +13% | +$2.59M |
|
|
TXNM
1857
TXNM Energy Inc
TXNM
$5.91B
| $23.6M | ﹤0.01% |
522,554
-281
| -0.1% | -$13.2K |
|
1858
Exelixis
EXEL
$12.7B
| $23.5M | ﹤0.01% |
1,227,559
-185,132
| -13% | -$3.57M |
|
1859
AMERISAFE
AMSF
$513M
| $23.4M | ﹤0.01% |
439,403
-110,183
| -20% | -$5.87M |
|
1860
TechTarget
TTGT
$278M
| $23.4M | ﹤0.01% |
752,240
+67,857
| +10% | +$2.3M |
|
1861
Definitive Healthcare
DH
$68.2M
| $23.4M | ﹤0.01% |
2,127,806
+374,970
| +21% | +$3.86M |
|
1862
CALL
Marvell Technology
MRVL
$199B
| $23.3M | ﹤0.01% |
389,900
+54,900
| +16% | +$2.67M |
|
1863
Gold Fields
GFI
$36B
| $23.3M | ﹤0.01% |
1,684,220
+658,941
| +64% | +$10M |
|
1864
CALL
Entegris
ENTG
$24.7B
| $23.3M | ﹤0.01% |
+210,000
| New | +$19.1M |
|
1865
Affiliated Managers Group
AMG
$9.89B
| $23.2M | ﹤0.01% |
155,053
-5,682
| -4% | -$813K |
|
1866
Shift4
FOUR
$3.58B
| $23.2M | ﹤0.01% |
341,724
-39,218
| -10% | -$2.57M |
|
1867
iShares MSCI Intl Value Factor ETF
IVLU
$4.55B
| $23.2M | ﹤0.01% |
911,346
-623,371
| -41% | -$15.7M |
|
|
MUI
1868
DELISTED
BlackRock Municipal Income Fund, Inc.
MUI
| $23.2M | ﹤0.01% |
2,027,092
-45,894
| -2% | -$524K |
|
|
MPT
1869
Medical Properties Trust
MPT
$2.5B
| $23.2M | ﹤0.01% |
2,503,190
-2,194,344
| -47% | -$18.6M |
|
|
CHY
1870
Calamos Convertible and High Income Fund
CHY
$1.09B
| $23.2M | ﹤0.01% |
2,062,934
+40,751
| +2% | +$436K |
|
1871
Alight
ALIT
$372M
| $23.2M | ﹤0.01% |
125,279
-137,628
| -52% | -$24.4M |
|
|
PRFT
1872
DELISTED
Perficient Inc
PRFT
| $23.1M | ﹤0.01% |
277,800
+53,197
| +24% | +$3.92M |
|
1873
Enovis
ENOV
$1.5B
| $23.1M | ﹤0.01% |
360,851
-57,848
| -14% | -$3.29M |
|
1874
Progress Software
PRGS
$1.79B
| $23.1M | ﹤0.01% |
397,796
-21,206
| -5% | -$1.21M |
|
1875
Hanover Insurance
THG
$7.84B
| $23.1M | ﹤0.01% |
204,366
-16,846
| -8% | -$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.