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 | |
|---|---|---|---|---|---|---|
1951
Twilio
TWLO
$36.6B
| $21.5M | ﹤0.01% |
337,679
-756,410
| -69% | -$44.6M |
|
1952
Teladoc Health
TDOC
$1.24B
| $21.4M | ﹤0.01% |
846,302
-293,093
| -26% | -$7.38M |
|
1953
Nomad Foods
NOMD
$1.64B
| $21.4M | ﹤0.01% |
1,220,772
-99,784
| -8% | -$1.81M |
|
1954
Organon & Co
OGN
$3.6B
| $21.4M | ﹤0.01% |
1,027,472
-374,634
| -27% | -$8.14M |
|
1955
Brink's
BCO
$4.71B
| $21.4M | ﹤0.01% |
315,182
-12,779
| -4% | -$855K |
|
1956
Janus Henderson Small/Mid Cap Growth Alpha ETF
JSMD
$1.11B
| $21.4M | ﹤0.01% |
343,641
+64,180
| +23% | +$3.7M |
|
1957
Horace Mann Educators
HMN
$2.13B
| $21.4M | ﹤0.01% |
720,042
-1,036,901
| -59% | -$32.9M |
|
1958
Qorvo
QRVO
$8.66B
| $21.3M | ﹤0.01% |
208,987
-328,691
| -61% | -$31.6M |
|
1959
iShares Emerging Markets Dividend ETF
DVYE
$1.21B
| $21.3M | ﹤0.01% |
869,209
-5,139
| -0.6% | -$127K |
|
1960
PUT
Invesco DB US Dollar Index Bullish Fund
UUP
$413M
| $21.3M | ﹤0.01% |
750,000
| – | – |
|
1961
First Trust NASDAQ Clean Edge Green Energy Index Fund
QCLN
$636M
| $21.3M | ﹤0.01% |
415,827
+13,811
| +3% | +$666K |
|
|
SYNH
1962
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $21.2M | ﹤0.01% |
503,676
-1,512,971
| -75% | -$61.2M |
|
1963
Vanguard S&P Small-Cap 600 Value ETF
VIOV
$1.92B
| $21.2M | ﹤0.01% |
258,290
-85,571
| -25% | -$6.76M |
|
1964
PUT
TransDigm Group
TDG
$69.5B
| $21.2M | ﹤0.01% |
+23,700
| New | +$18.7M |
|
1965
Invesco S&P MidCap Momentum ETF
XMMO
$7.71B
| $21.2M | ﹤0.01% |
266,095
+149,633
| +128% | +$11.3M |
|
1966
Perrigo
PRGO
$1.81B
| $21.1M | ﹤0.01% |
622,549
-64,159
| -9% | -$2.23M |
|
1967
Flywire
FLYW
$2.29B
| $21.1M | ﹤0.01% |
680,153
+173,561
| +34% | +$5.21M |
|
1968
PUT
Advance Auto Parts
AAP
$3.41B
| $21.1M | ﹤0.01% |
300,000
+263,000
| +711% | +$27.1M |
|
|
AXON
1969
Axon Enterprise
AXON
$49.8B
| $21M | ﹤0.01% |
107,815
-172,633
| -62% | -$35.8M |
|
1970
PUT
Transocean
RIG
$6.43B
| $21M | ﹤0.01% |
3,000,600
-796,800
| -21% | -$4.93M |
|
1971
Matador Resources
MTDR
$6.64B
| $21M | ﹤0.01% |
401,890
-173,862
| -30% | -$8.4M |
|
1972
Global X Internet of Things ETF
SNSR
$223M
| $21M | ﹤0.01% |
607,720
+8,755
| +1% | +$284K |
|
1973
Banco Bradesco
BBD
$34.2B
| $21M | ﹤0.01% |
6,067,821
-109,220
| -2% | -$337K |
|
1974
PUT
Lowe's Companies
LOW
$122B
| $21M | ﹤0.01% |
93,000
-116,500
| -56% | -$24.2M |
|
1975
Kadant
KAI
$3.95B
| $21M | ﹤0.01% |
94,382
+7,347
| +8% | +$1.47M |
|
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.