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 | |
|---|---|---|---|---|---|---|
1901
iShares MSCI Australia ETF
EWA
$1.45B
| $22.5M | ﹤0.01% |
997,234
-228,619
| -19% | -$5.23M |
|
1902
American Financial Group
AFG
$12.1B
| $22.5M | ﹤0.01% |
189,115
-4,957
| -3% | -$584K |
|
|
AZEK
1903
DELISTED
The AZEK Co
AZEK
| $22.5M | ﹤0.01% |
741,404
+235,746
| +47% | +$6.1M |
|
1904
WIX.com
WIX
$3.1B
| $22.4M | ﹤0.01% |
286,132
-113,191
| -28% | -$9.31M |
|
1905
PUT
State Street Technology Select Sector SPDR ETF
XLK
$124B
| $22.4M | ﹤0.01% |
257,400
-476,000
| -65% | -$37.5M |
|
|
NKLA
1906
CALL
DELISTED
Nikola Corporation Common Stock
NKLA
| $22.4M | ﹤0.01% |
540,243
+481,523
| +820% | +$13.3M |
|
|
ESGR
1907
DELISTED
Enstar Group
ESGR
| $22.4M | ﹤0.01% |
91,518
-3,382
| -4% | -$836K |
|
|
DOC
1908
DELISTED
PHYSICIANS REALTY TRUST
DOC
| $22.3M | ﹤0.01% |
1,596,756
-189,285
| -11% | -$2.69M |
|
1909
Commercial Metals
CMC
$7.92B
| $22.3M | ﹤0.01% |
423,996
+20,257
| +5% | +$945K |
|
1910
F5
FFIV
$22.8B
| $22.3M | ﹤0.01% |
152,603
-236,960
| -61% | -$33.7M |
|
1911
Minerals Technologies
MTX
$2.27B
| $22.3M | ﹤0.01% |
386,691
-12,341
| -3% | -$718K |
|
1912
State Street SPDR MSCI EAFE StrategicFactors ETF
QEFA
$1.08B
| $22.3M | ﹤0.01% |
318,652
+10,153
| +3% | +$714K |
|
1913
PUT
Marvell Technology
MRVL
$199B
| $22.3M | ﹤0.01% |
372,600
-953,800
| -72% | -$46.3M |
|
1914
CALL
Peloton Interactive
PTON
$2.47B
| $22.2M | ﹤0.01% |
2,890,100
-100
| -0% | -$850 |
|
1915
Interparfums
IPAR
$3.67B
| $22.2M | ﹤0.01% |
164,225
+21,443
| +15% | +$3M |
|
1916
VanEck IG Floating Rate ETF
FLTR
$3.04B
| $22.2M | ﹤0.01% |
879,234
-257,145
| -23% | -$6.45M |
|
|
1917
CALL
State Street Technology Select Sector SPDR ETF
XLK
$124B
| $22.2M | ﹤0.01% |
255,000
-275,000
| -52% | -$21.7M |
|
1918
JPMorgan Diversified Return International Equity ETF
JPIN
$375M
| $22.1M | ﹤0.01% |
426,518
-1,465
| -0.3% | -$77.5K |
|
1919
Crocs
CROX
$6.32B
| $22.1M | ﹤0.01% |
196,428
-40,917
| -17% | -$4.88M |
|
1920
Spire
SR
$4.9B
| $22.1M | ﹤0.01% |
347,979
-67,234
| -16% | -$4.51M |
|
1921
Helmerich & Payne
HP
$4.42B
| $22.1M | ﹤0.01% |
622,583
+14,219
| +2% | +$485K |
|
1922
Moelis & Co
MC
$5.07B
| $22.1M | ﹤0.01% |
486,760
-83,207
| -15% | -$3.32M |
|
1923
iShares New York Muni Bond ETF
NYF
$1.41B
| $22M | ﹤0.01% |
413,599
-9,799
| -2% | -$522K |
|
1924
PUT
Costco
COST
$426B
| $22M | ﹤0.01% |
40,900
-38,000
| -48% | -$19.2M |
|
1925
Alkermes
ALKS
$8.23B
| $22M | ﹤0.01% |
702,889
-499,633
| -42% | -$15.1M |
|
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.