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 | |
|---|---|---|---|---|---|---|
1976
Stride
LRN
$3.46B
| $20.9M | ﹤0.01% |
562,618
-24,048
| -4% | -$962K |
|
1977
Reaves Utility Income Fund
UTG
$3.72B
| $20.9M | ﹤0.01% |
763,671
+12,883
| +2% | +$361K |
|
1978
iShares US Utilities ETF
IDU
$1.38B
| $20.9M | ﹤0.01% |
256,061
-237,532
| -48% | -$19.8M |
|
1979
CALL
iShares Silver Trust
SLV
$31.5B
| $20.9M | ﹤0.01% |
1,000,000
+500,000
| +100% | +$11.1M |
|
|
CSW
1980
CSW Industrials
CSW
$5.62B
| $20.9M | ﹤0.01% |
125,601
+378
| +0.3% | +$54.6K |
|
1981
FB Financial Corp
FBK
$3.09B
| $20.9M | ﹤0.01% |
743,824
+180,182
| +32% | +$5.13M |
|
1982
Telkom Indonesia
TLK
$14.6B
| $20.9M | ﹤0.01% |
782,047
+1,793
| +0.2% | +$49.8K |
|
1983
Evertec
EVTC
$1.89B
| $20.8M | ﹤0.01% |
566,112
-39,660
| -7% | -$1.38M |
|
|
EFT
1984
Eaton Vance Floating-Rate Income Trust
EFT
$289M
| $20.8M | ﹤0.01% |
1,783,863
+39,238
| +2% | +$449K |
|
1985
First Horizon
FHN
$12.4B
| $20.8M | ﹤0.01% |
1,847,233
-620,901
| -25% | -$8.32M |
|
1986
Cohen & Steers Infrastructure Fund
UTF
$3.02B
| $20.8M | ﹤0.01% |
878,908
-35,369
| -4% | -$803K |
|
|
BPMC
1987
DELISTED
Blueprint Medicines
BPMC
| $20.7M | ﹤0.01% |
328,102
-84,921
| -21% | -$4.62M |
|
1988
Travere Therapeutics
TVTX
$5.86B
| $20.7M | ﹤0.01% |
1,349,503
+531,678
| +65% | +$9.67M |
|
1989
PUT
Procter & Gamble
PG
$336B
| $20.7M | ﹤0.01% |
136,600
-30,800
| -18% | -$4.64M |
|
1990
Invesco S&P 500 Equal Weight Health Care ETF
RSPH
$794M
| $20.7M | ﹤0.01% |
695,470
-44,380
| -6% | -$1.3M |
|
|
ORAN
1991
DELISTED
Orange
ORAN
| $20.7M | ﹤0.01% |
1,775,035
-80,764
| -4% | -$981K |
|
1992
PUT
Intuitive Surgical
ISRG
$139B
| $20.7M | ﹤0.01% |
60,400
-18,300
| -23% | -$5.54M |
|
1993
CALL
Devon Energy
DVN
$50.4B
| $20.6M | ﹤0.01% |
427,100
+18,700
| +5% | +$940K |
|
1994
PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund
HYS
$1.78B
| $20.6M | ﹤0.01% |
226,267
-167,771
| -43% | -$15.2M |
|
1995
Snap
SNAP
$9.15B
| $20.6M | ﹤0.01% |
1,742,070
-961,267
| -36% | -$9.66M |
|
1996
CALL
Qualcomm
QCOM
$174B
| $20.6M | ﹤0.01% |
172,700
+61,700
| +56% | +$7.09M |
|
1997
iShares US Equity Factor ETF
LRGF
$3.74B
| $20.5M | ﹤0.01% |
460,927
-18,684
| -4% | -$788K |
|
1998
CALL
NRG Energy
NRG
$26.5B
| $20.5M | ﹤0.01% |
549,000
+271,000
| +97% | +$9.23M |
|
1999
Invesco S&P Ultra Dividend Revenue ETF
RDIV
$1.41B
| $20.5M | ﹤0.01% |
522,975
-120,071
| -19% | -$4.71M |
|
2000
T. Rowe Price Dividend Growth ETF
TDVG
$1.45B
| $20.4M | ﹤0.01% |
613,459
+449,795
| +275% | +$14.5M |
|
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.