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 |
iShares Core S&P 500 ETF
IVV
|
+$5.18B |
| 2 |
NVIDIA
NVDA
|
+$4.63B |
| 3 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$3.64B |
| 4 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.46B |
| 5 |
Microsoft
MSFT
|
+$1.56B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Goldman Sachs
GS
|
+$998M |
| 2 |
iShares US Aerospace & Defense ETF
ITA
|
+$725M |
| 3 |
Chevron
CVX
|
+$687M |
| 4 |
Progressive
PGR
|
+$581M |
| 5 |
Eli Lilly
LLY
|
+$559M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.88% |
| 2 | Financials | 7.23% |
| 3 | Healthcare | 6.25% |
| 4 | Consumer Discretionary | 5.46% |
| 5 | Industrials | 5.42% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
176
iShares MSCI USA Min Vol Factor ETF
USMV
$24.4B
| $1.49B | 0.12% |
16,268,516
+285,959
| +2% | +$25.2M |
|
177
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
$46.7B
| $1.48B | 0.12% |
16,145,967
-155,165
| -1% | -$14.2M |
|
178
Vanguard High Dividend Yield ETF
VYM
$84B
| $1.45B | 0.12% |
11,330,907
+330,955
| +3% | +$40.9M |
|
179
United Rentals
URI
$70.3B
| $1.45B | 0.12% |
1,789,498
+90,108
| +5% | +$64.8M |
|
180
Micron Technology
MU
$1.03T
| $1.42B | 0.11% |
13,738,923
+4,384,004
| +47% | +$458M |
|
181
Vanguard Total Bond Market
BND
$161B
| $1.42B | 0.11% |
18,937,838
+1,367,281
| +8% | +$101M |
|
182
KLA
KLAC
$272B
| $1.42B | 0.11% |
18,355,470
-275,670
| -1% | -$21.6M |
|
183
Kinder Morgan
KMI
$70.7B
| $1.41B | 0.11% |
63,635,708
+227,370
| +0.4% | +$4.79M |
|
184
HCA Healthcare
HCA
$89.8B
| $1.39B | 0.11% |
3,431,917
-572,101
| -14% | -$209M |
|
185
Consolidated Edison
ED
$39.9B
| $1.38B | 0.11% |
13,282,595
+1,014,138
| +8% | +$100M |
|
186
iShares MSCI USA Quality Factor ETF
QUAL
$48B
| $1.36B | 0.11% |
7,607,404
-120,875
| -2% | -$21M |
|
187
Wells Fargo
WFC
$269B
| $1.36B | 0.11% |
24,075,970
+303,939
| +1% | +$17.2M |
|
188
PACCAR
PCAR
$69B
| $1.36B | 0.11% |
13,733,440
+1,747,647
| +15% | +$171M |
|
189
Vanguard FTSE All-World ex-US ETF
VEU
$70.5B
| $1.35B | 0.11% |
21,372,665
+5,887,558
| +38% | +$355M |
|
190
Deere & Co
DE
$167B
| $1.33B | 0.11% |
3,177,639
-65,126
| -2% | -$24.6M |
|
191
Boeing
BA
$183B
| $1.32B | 0.11% |
8,698,814
+197,715
| +2% | +$33.9M |
|
192
Public Service Enterprise Group
PEG
$37.8B
| $1.31B | 0.11% |
14,678,281
+7,444,887
| +103% | +$594M |
|
193
Vanguard Long-Term Treasury ETF
VGLT
$10.3B
| $1.3B | 0.1% |
21,165,386
+877,278
| +4% | +$53M |
|
194
CALL
iShares Russell 2000 ETF
IWM
$82.2B
| $1.3B | 0.1% |
5,893,600
+621,200
| +12% | +$133M |
|
195
KKR & Co
KKR
$99.5B
| $1.3B | 0.1% |
9,958,801
+779,332
| +8% | +$92.2M |
|
196
AT&T
T
$166B
| $1.3B | 0.1% |
59,041,434
-3,087,933
| -5% | -$61.4M |
|
197
Cencora
COR
$60B
| $1.29B | 0.1% |
5,749,877
+642,594
| +13% | +$149M |
|
198
Allstate
ALL
$64.7B
| $1.29B | 0.1% |
6,820,246
+237,236
| +4% | +$42.1M |
|
199
iShares TIPS Bond ETF
TIP
$14.7B
| $1.29B | 0.1% |
11,706,853
+463,613
| +4% | +$50.4M |
|
200
Chubb
CB
$132B
| $1.29B | 0.1% |
4,458,086
-95,115
| -2% | -$26.1M |
|
Similar funds
Bank of America's Q3 2024 Portfolio in Review
As of Q3 2024, Bank of America held 8,612 positions worth $1.24T, up 10% from $1.13T the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Bank of America deployed $44.3B of net new capital in Q3 2024, opening 417 new positions and adding to 4,190 existing holdings. Its largest new stake was Smurfit Westrock: 6,225,524 shares worth $308M.
By sector, the portfolio is most concentrated in Technology at 15% of assets, down from 15% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was Goldman Sachs, an estimated $998M trimmed.
- Bank of America's largest Q3 2024 buy was Smurfit Westrock: 6,225,524 shares worth $308M.
- Bank of America added most to iShares Core S&P 500 ETF in Q3 2024, an estimated $5.18B increase.
- Bank of America's biggest Q3 2024 reduction was Goldman Sachs, cutting an estimated $998M.
- Bank of America fully exited WestRock Company in Q3 2024, selling an estimated $121M.
- Bank of America's ten largest holdings make up 17% of its $1.24T portfolio in Q3 2024.
- Bank of America opened 417 new positions and closed 462 in Q3 2024.
- Bank of America's portfolio value rose 10% quarter-over-quarter to $1.24T.
Based on Bank of America's 13F filing for Q3 2024, filed 14 Nov 2024.