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 | |
|---|---|---|---|---|---|---|
|
BTX
2001
BlackRock Technology and Private Equity Term Trust
BTX
$1.06B
| $20.4M | ﹤0.01% |
2,602,139
-94,073
| -3% | -$712K |
|
2002
First Trust Materials AlphaDEX Fund
FXZ
$390M
| $20.4M | ﹤0.01% |
318,220
-208,662
| -40% | -$13M |
|
2003
Universal Health Services
UHS
$10B
| $20.4M | ﹤0.01% |
129,440
-73,478
| -36% | -$10.2M |
|
|
MOMO
2004
Hello Group
MOMO
$850M
| $20.4M | ﹤0.01% |
2,122,499
-1,425,446
| -40% | -$12.5M |
|
|
PARA
2005
PUT
DELISTED
Paramount Global Class B
PARA
| $20.4M | ﹤0.01% |
1,281,300
+1,231,900
| +2,494% | +$22.2M |
|
2006
iShares Interest Rate Hedged Corporate Bond ETF
LQDH
$540M
| $20.4M | ﹤0.01% |
219,158
-6,836
| -3% | -$625K |
|
2007
Monro
MNRO
$359M
| $20.4M | ﹤0.01% |
500,963
-15,124
| -3% | -$682K |
|
2008
GS ActiveBeta US Small Cap Equity ETF
GSSC
$1.11B
| $20.3M | ﹤0.01% |
352,031
+22,944
| +7% | +$1.26M |
|
2009
XP
XP
$8.17B
| $20.3M | ﹤0.01% |
866,064
-136,667
| -14% | -$2.32M |
|
|
DFS
2010
PUT
DELISTED
Discover Financial Services
DFS
| $20.3M | ﹤0.01% |
173,800
+92,900
| +115% | +$9.73M |
|
|
AIFU
2011
AIFU Inc
AIFU
$215M
| $20.3M | ﹤0.01% |
6,105
-489
| -7% | -$1.58M |
|
2012
PUT
Canadian Imperial Bank of Commerce
CM
$113B
| $20.3M | ﹤0.01% |
475,000
| – | – |
|
2013
PUT
Huntsman Corp
HUN
$1.81B
| $20.3M | ﹤0.01% |
+750,000
| New | +$19.5M |
|
2014
Hackett Group
HCKT
$265M
| $20.2M | ﹤0.01% |
904,888
+24,608
| +3% | +$482K |
|
2015
Integra LifeSciences
IART
$1.43B
| $20.2M | ﹤0.01% |
491,715
-170,535
| -26% | -$8.21M |
|
2016
Invesco DB Agriculture Fund
DBA
$1.24B
| $20.2M | ﹤0.01% |
958,394
-77,980
| -8% | -$1.64M |
|
2017
CALL
GE Aerospace
GE
$382B
| $20.2M | ﹤0.01% |
230,051
-1,350,358
| -85% | -$109M |
|
2018
State Street Global Allocation ETF
GAL
$316M
| $20.1M | ﹤0.01% |
502,566
+43,862
| +10% | +$1.73M |
|
2019
SouthState Bank Corp
SSB
$10.8B
| $20.1M | ﹤0.01% |
305,150
-1,712,498
| -85% | -$114M |
|
|
ETG
2020
Eaton Vance Tax-Advantaged Global Dividend Income Fund
ETG
$1.86B
| $20.1M | ﹤0.01% |
1,202,134
-27,797
| -2% | -$450K |
|
2021
Zillow
Z
$7.82B
| $20.1M | ﹤0.01% |
399,386
-805,295
| -67% | -$37M |
|
2022
ARK Web x.0 ETF
ARKW
$1.8B
| $20M | ﹤0.01% |
341,334
-28,136
| -8% | -$1.47M |
|
2023
Bloom Energy
BE
$67.7B
| $20M | ﹤0.01% |
1,223,502
+51,567
| +4% | +$833K |
|
2024
XPO
XPO
$24.7B
| $20M | ﹤0.01% |
338,389
-20,543
| -6% | -$930K |
|
2025
CALL
Elevance Health
ELV
$86.8B
| $19.9M | ﹤0.01% |
+44,800
| New | +$20.7M |
|
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.