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 | |
|---|---|---|---|---|---|---|
2051
Newell Brands
NWL
$2.66B
| $19.6M | ﹤0.01% |
2,249,235
-206,488
| -8% | -$2.05M |
|
2052
Ziff Davis
ZD
$1.9B
| $19.6M | ﹤0.01% |
279,236
-52,633
| -16% | -$3.6M |
|
2053
Helios Technologies
HLIO
$2.69B
| $19.6M | ﹤0.01% |
295,948
-18,776
| -6% | -$1.11M |
|
|
DVAX
2054
DELISTED
Dynavax Technologies
DVAX
| $19.6M | ﹤0.01% |
1,513,715
-2,826,572
| -65% | -$32.2M |
|
2055
Okta
OKTA
$25.6B
| $19.5M | ﹤0.01% |
281,669
-110,366
| -28% | -$8.38M |
|
2056
Frontdoor
FTDR
$5.96B
| $19.5M | ﹤0.01% |
612,124
-48,191
| -7% | -$1.44M |
|
2057
ALPS International Sector Dividend Dogs ETF
IDOG
$568M
| $19.5M | ﹤0.01% |
696,487
-11,426
| -2% | -$321K |
|
2058
Veracyte
VCYT
$3.32B
| $19.5M | ﹤0.01% |
763,889
-562,710
| -42% | -$13.6M |
|
2059
JPMorgan International Bond Opportunities ETF
JPIB
$2.13B
| $19.4M | ﹤0.01% |
416,937
+43,740
| +12% | +$2.06M |
|
|
CYBR
2060
DELISTED
CyberArk
CYBR
| $19.4M | ﹤0.01% |
124,072
-47,802
| -28% | -$6.84M |
|
2061
N-able
NABL
$650M
| $19.4M | ﹤0.01% |
1,345,730
+1,302,051
| +2,981% | +$18M |
|
2062
ProShares Russell 2000 Dividend Growers ETF
SMDV
$710M
| $19.4M | ﹤0.01% |
327,745
+6,529
| +2% | +$385K |
|
2063
iShares MSCI All Country Asia ex Japan ETF
AAXJ
$3.84B
| $19.4M | ﹤0.01% |
291,512
-90,598
| -24% | -$6.05M |
|
2064
Watts Water Technologies
WTS
$12.8B
| $19.4M | ﹤0.01% |
105,379
-1,229
| -1% | -$206K |
|
2065
CALL
Medtronic
MDT
$117B
| $19.3M | ﹤0.01% |
219,400
-46,800
| -18% | -$4.03M |
|
2066
Acadia Pharmaceuticals
ACAD
$4.87B
| $19.3M | ﹤0.01% |
806,482
+144,843
| +22% | +$3.22M |
|
2067
Procore
PCOR
$9.09B
| $19.3M | ﹤0.01% |
296,313
-410,481
| -58% | -$24.1M |
|
2068
Triumph Financial Inc
TFIN
$1.87B
| $19.3M | ﹤0.01% |
317,529
-19,550
| -6% | -$1.07M |
|
2069
Eaton Vance Tax-Managed Global Diversified Equity Income Fund
EXG
$3.05B
| $19.3M | ﹤0.01% |
2,431,545
+16,520
| +0.7% | +$129K |
|
|
SMAR
2070
DELISTED
Smartsheet Inc.
SMAR
| $19.2M | ﹤0.01% |
502,368
+31,184
| +7% | +$1.35M |
|
2071
Tradeweb Markets
TW
$22.4B
| $19.2M | ﹤0.01% |
280,624
-120,286
| -30% | -$8.52M |
|
2072
CNO Financial Group
CNO
$5.11B
| $19.2M | ﹤0.01% |
811,106
-58,517
| -7% | -$1.3M |
|
|
ETW
2073
Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund
ETW
$1.06B
| $19.1M | ﹤0.01% |
2,329,398
+127,402
| +6% | +$1.03M |
|
2074
First Trust Municipal High Income ETF
FMHI
$1.01B
| $19.1M | ﹤0.01% |
406,523
-155,545
| -28% | -$7.29M |
|
2075
Hartford Municipal Opportunities ETF
HMOP
$793M
| $19.1M | ﹤0.01% |
501,596
+2,578
| +0.5% | +$98.3K |
|
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.