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 | |
|---|---|---|---|---|---|---|
176
CALL
Meta Platforms (Facebook)
META
$1.47T
| $1.12B | 0.12% |
3,916,800
+1,315,200
| +51% | +$325M |
|
177
CALL
iShares MSCI Emerging Markets ETF
EEM
$30.4B
| $1.12B | 0.12% |
28,341,400
-14,746,000
| -34% | -$580M |
|
178
PNC Financial Services
PNC
$102B
| $1.12B | 0.12% |
8,880,382
-186,112
| -2% | -$22.7M |
|
179
Vanguard Russell 1000 Value ETF
VONV
$22B
| $1.11B | 0.12% |
16,095,447
+306,883
| +2% | +$20.6M |
|
180
Truist Financial
TFC
$64.3B
| $1.11B | 0.12% |
36,454,116
+3,740,717
| +11% | +$116M |
|
181
SLB Ltd
SLB
$78.1B
| $1.1B | 0.12% |
22,400,988
-154,417
| -0.7% | -$7.36M |
|
182
iShares S&P 100 ETF
OEF
$20.4B
| $1.1B | 0.12% |
5,308,437
+64,390
| +1% | +$12.5M |
|
183
D.R. Horton
DHI
$40.8B
| $1.09B | 0.11% |
8,955,141
-2,022,961
| -18% | -$221M |
|
184
Kinder Morgan
KMI
$70.7B
| $1.07B | 0.11% |
62,224,139
-125,106
| -0.2% | -$2.12M |
|
|
185
PUT
iShares MSCI Emerging Markets ETF
EEM
$30.4B
| $1.07B | 0.11% |
26,963,700
+2,065,400
| +8% | +$81.2M |
|
186
ASML
ASML
$695B
| $1.06B | 0.11% |
1,460,153
-24,043
| -2% | -$16.3M |
|
187
Applied Materials
AMAT
$435B
| $1.06B | 0.11% |
7,319,248
-2,027,500
| -22% | -$254M |
|
188
Linde
LIN
$221B
| $1.05B | 0.11% |
2,761,768
-613,859
| -18% | -$224M |
|
189
CSX Corp
CSX
$92.8B
| $1.05B | 0.11% |
30,656,517
-2,284,714
| -7% | -$72.3M |
|
190
Analog Devices
ADI
$187B
| $1.04B | 0.11% |
5,346,347
-1,569,846
| -23% | -$291M |
|
191
Principal Financial Group
PFG
$24.4B
| $1.04B | 0.11% |
13,722,620
-2,871,168
| -17% | -$207M |
|
192
Vanguard Industrials ETF
VIS
$8.5B
| $1.03B | 0.11% |
5,026,628
+91,798
| +2% | +$17.5M |
|
193
Vanguard Total Bond Market
BND
$161B
| $1.03B | 0.11% |
14,124,663
-144,658
| -1% | -$10.6M |
|
194
Blackstone
BX
$110B
| $1.01B | 0.11% |
10,899,876
-371,778
| -3% | -$32.1M |
|
|
195
Synchrony
SYF
$25.8B
| $1.01B | 0.11% |
29,819,502
+13,083,753
| +78% | +$400M |
|
196
Caterpillar
CAT
$393B
| $1.01B | 0.11% |
4,104,349
-435,871
| -10% | -$97.2M |
|
197
Vanguard Consumer Staples ETF
VDC
$7.96B
| $1.01B | 0.11% |
5,188,578
+7,511
| +0.1% | +$1.47M |
|
|
NVO
198
Novo Nordisk
NVO
$203B
| $1.01B | 0.11% |
12,458,064
-187,126
| -1% | -$15.3M |
|
199
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$27.2B
| $1B | 0.1% |
2,090,258
-60,009
| -3% | -$27.3M |
|
200
Advanced Micro Devices
AMD
$788B
| $998M | 0.1% |
8,763,306
-5,523,374
| -39% | -$574M |
|
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.