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 | |
|---|---|---|---|---|---|---|
1926
Royal Gold
RGLD
$19.5B
| $22M | ﹤0.01% |
191,547
-154,971
| -45% | -$19.9M |
|
1927
Bank OZK
OZK
$5.72B
| $22M | ﹤0.01% |
547,380
+46,502
| +9% | +$1.67M |
|
1928
Invesco S&P 500 Equal Weight Financials ETF
RSPF
$312M
| $22M | ﹤0.01% |
429,190
-54,505
| -11% | -$2.73M |
|
1929
State Street Ultra Short Term Bond ETF
ULST
$527M
| $22M | ﹤0.01% |
546,017
+1,020
| +0.2% | +$41K |
|
1930
Texas Pacific Land
TPL
$24.7B
| $22M | ﹤0.01% |
150,210
+117
| +0.1% | +$18.8K |
|
1931
Helen of Troy
HELE
$704M
| $21.9M | ﹤0.01% |
203,081
-13,376
| -6% | -$1.28M |
|
1932
SM Energy
SM
$8.03B
| $21.9M | ﹤0.01% |
692,772
+124,434
| +22% | +$3.52M |
|
1933
ALPS O'Shares U.S. Quality Dividend ETF
OUSA
$758M
| $21.9M | ﹤0.01% |
497,634
-3,545
| -0.7% | -$151K |
|
1934
Celsius Holdings
CELH
$7.36B
| $21.9M | ﹤0.01% |
440,004
-13,884
| -3% | -$552K |
|
1935
Prestige Consumer Healthcare
PBH
$2.43B
| $21.8M | ﹤0.01% |
367,295
-29,511
| -7% | -$1.77M |
|
1936
United Therapeutics
UTHR
$21.4B
| $21.8M | ﹤0.01% |
98,868
-18,837
| -16% | -$4.17M |
|
1937
iShares iBonds Dec 2031 Term Corporate ETF
IBDW
$2.54B
| $21.8M | ﹤0.01% |
1,075,026
+83,213
| +8% | +$1.7M |
|
1938
State Street SPDR S&P International Small Cap ETF
GWX
$931M
| $21.8M | ﹤0.01% |
713,527
-8,622
| -1% | -$267K |
|
1939
KE Holdings
BEKE
$18.8B
| $21.7M | ﹤0.01% |
1,459,681
-4,141,501
| -74% | -$67.6M |
|
1940
CALL
SiriusXM
SIRI
$9.59B
| $21.7M | ﹤0.01% |
478,480
+453,480
| +1,814% | +$17.1M |
|
1941
WisdomTree Trust WisdomTree Interest Rate Hedged US Aggregate Bond Fund
AGZD
$135M
| $21.7M | ﹤0.01% |
979,246
-146,318
| -13% | -$3.2M |
|
|
KRTX
1942
DELISTED
Karuna Therapeutics, Inc. Common Stock
KRTX
| $21.6M | ﹤0.01% |
99,795
-132,397
| -57% | -$28.4M |
|
1943
RBC Bearings
RBC
$17.7B
| $21.6M | ﹤0.01% |
99,257
-21,208
| -18% | -$4.6M |
|
1944
PUT
Avery Dennison
AVY
$13.6B
| $21.6M | ﹤0.01% |
+125,500
| New | +$21.5M |
|
|
ATVI
1945
PUT
DELISTED
Activision Blizzard
ATVI
| $21.5M | ﹤0.01% |
255,500
+155,500
| +156% | +$12.6M |
|
1946
CALL
lululemon athletica
LULU
$13.6B
| $21.5M | ﹤0.01% |
56,900
+6,500
| +13% | +$2.4M |
|
1947
Hancock Whitney
HWC
$6.4B
| $21.5M | ﹤0.01% |
560,946
+60,570
| +12% | +$2.25M |
|
1948
PUT
TJX Companies
TJX
$168B
| $21.5M | ﹤0.01% |
253,800
+30,700
| +14% | +$2.42M |
|
1949
Invesco S&P SmallCap Value with Momentum ETF
XSVM
$677M
| $21.5M | ﹤0.01% |
463,361
-119,890
| -21% | -$5.35M |
|
1950
First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF
HYLS
$1.64B
| $21.5M | ﹤0.01% |
542,772
-30,691
| -5% | -$1.21M |
|
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.