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 | |
|---|---|---|---|---|---|---|
1876
PUT
SLB Ltd
SLB
$79.8B
| $23.1M | ﹤0.01% |
469,800
-611,100
| -57% | -$29.1M |
|
1877
PUT
Palantir
PLTR
$418B
| $23.1M | ﹤0.01% |
1,503,700
+1,303,700
| +652% | +$14.8M |
|
|
DFS
1878
CALL
DELISTED
Discover Financial Services
DFS
| $23M | ﹤0.01% |
197,000
+136,200
| +224% | +$14.3M |
|
1879
Autoliv
ALV
$8.94B
| $23M | ﹤0.01% |
270,325
-32,631
| -11% | -$2.83M |
|
1880
Invesco DB US Dollar Index Bullish Fund
UUP
$413M
| $22.9M | ﹤0.01% |
808,101
-450,370
| -36% | -$12.6M |
|
1881
iShares Global Infrastructure ETF
IGF
$10.7B
| $22.9M | ﹤0.01% |
486,903
-108,248
| -18% | -$5.17M |
|
1882
Grand Canyon Education
LOPE
$3.76B
| $22.8M | ﹤0.01% |
221,164
-16,546
| -7% | -$1.82M |
|
1883
CALL
ServiceNow
NOW
$128B
| $22.8M | ﹤0.01% |
202,500
+98,500
| +95% | +$9.85M |
|
1884
Golar LNG
GLNG
$5.34B
| $22.8M | ﹤0.01% |
1,127,939
-49,071
| -4% | -$1.05M |
|
1885
CALL
Prudential Financial
PRU
$43.2B
| $22.7M | ﹤0.01% |
257,600
-36,000
| -12% | -$3.01M |
|
1886
VanEck JP Morgan EM Local Currency Bond ETF
EMLC
$4.79B
| $22.7M | ﹤0.01% |
888,511
+60,056
| +7% | +$1.51M |
|
|
SEM
1887
DELISTED
Select Medical
SEM
| $22.7M | ﹤0.01% |
1,321,990
+1,176,342
| +808% | +$18.2M |
|
1888
CALL
Manulife Financial
MFC
$73.8B
| $22.7M | ﹤0.01% |
1,200,000
| – | – |
|
1889
UFP Industries
UFPI
$4.96B
| $22.7M | ﹤0.01% |
233,595
+3,347
| +1% | +$279K |
|
1890
PUT
Regeneron Pharmaceuticals
REGN
$82.7B
| $22.6M | ﹤0.01% |
31,500
-26,000
| -45% | -$20M |
|
1891
Incyte
INCY
$24.4B
| $22.6M | ﹤0.01% |
363,570
-331,476
| -48% | -$22.2M |
|
1892
iShares Low Carbon Optimized MSCI ACWI ETF
CRBN
$1.19B
| $22.6M | ﹤0.01% |
144,699
-9,758
| -6% | -$1.47M |
|
1893
iShares iBonds Dec 2029 Term Corporate ETF
IBDU
$4.07B
| $22.6M | ﹤0.01% |
1,006,873
+140,881
| +16% | +$3.19M |
|
1894
Kemper
KMPR
$1.62B
| $22.6M | ﹤0.01% |
468,206
-57,087
| -11% | -$2.76M |
|
1895
Bahl & Gaynor Small/Mid Cap Income Growth ETF
SMIG
$1.52B
| $22.6M | ﹤0.01% |
939,689
+862,530
| +1,118% | +$19.9M |
|
1896
PUT
Deere & Co
DE
$164B
| $22.6M | ﹤0.01% |
55,700
-797,800
| -93% | -$305M |
|
1897
CALL
AT&T
T
$171B
| $22.6M | ﹤0.01% |
1,414,100
+324,200
| +30% | +$5.52M |
|
1898
Magnolia Oil & Gas
MGY
$6.22B
| $22.5M | ﹤0.01% |
1,077,190
+67,408
| +7% | +$1.39M |
|
1899
Walker & Dunlop
WD
$1.46B
| $22.5M | ﹤0.01% |
284,523
-76,675
| -21% | -$5.54M |
|
1900
CALL
Micron Technology
MU
$1.1T
| $22.5M | ﹤0.01% |
356,400
-36,300
| -9% | -$2.33M |
|
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.