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 | |
|---|---|---|---|---|---|---|
|
LAC
2076
DELISTED
Lithium Americas Corp. Common Shares
LAC
| $19.1M | ﹤0.01% |
942,613
-269,232
| -22% | -$5.55M |
|
2077
Healthcare Realty
HR
$6.6B
| $19M | ﹤0.01% |
1,009,254
-800,486
| -44% | -$15.5M |
|
|
STR
2078
DELISTED
Sitio Royalties
STR
| $19M | ﹤0.01% |
723,490
-70,505
| -9% | -$1.8M |
|
|
UMH
2079
UMH Properties
UMH
$1.4B
| $19M | ﹤0.01% |
1,188,328
+965,350
| +433% | +$14.9M |
|
2080
Global X Copper Miners ETF NEW
COPX
$7.98B
| $19M | ﹤0.01% |
504,355
-70,010
| -12% | -$2.69M |
|
2081
CBIZ
CBZ
$2.96B
| $18.9M | ﹤0.01% |
354,297
-37,522
| -10% | -$1.93M |
|
2082
Invesco Global Water ETF
PIO
$275M
| $18.9M | ﹤0.01% |
527,413
+922
| +0.2% | +$32.3K |
|
2083
iShares Russell 2500 ETF
SMMD
$3.78B
| $18.9M | ﹤0.01% |
328,013
+80,860
| +33% | +$4.42M |
|
2084
Ionis Pharmaceuticals
IONS
$9.51B
| $18.8M | ﹤0.01% |
459,319
-173,325
| -27% | -$6.66M |
|
2085
US Global Jets ETF
JETS
$824M
| $18.8M | ﹤0.01% |
877,749
+795,668
| +969% | +$14.9M |
|
2086
Quaker Houghton
KWR
$2.94B
| $18.8M | ﹤0.01% |
96,307
+1,667
| +2% | +$326K |
|
2087
Wintrust Financial
WTFC
$11B
| $18.7M | ﹤0.01% |
258,086
-24,007
| -9% | -$1.64M |
|
2088
Grupo Aeroportuario Centro Norte
OMAB
$4.99B
| $18.7M | ﹤0.01% |
220,603
+208,515
| +1,725% | +$18M |
|
2089
SiriusXM
SIRI
$9.59B
| $18.7M | ﹤0.01% |
412,860
+136,751
| +50% | +$5.17M |
|
2090
Tencent Music
TME
$14.5B
| $18.7M | ﹤0.01% |
2,532,256
+135,106
| +6% | +$1.02M |
|
2091
AllianceBernstein
AB
$3.41B
| $18.7M | ﹤0.01% |
580,849
-345,983
| -37% | -$11.8M |
|
2092
Highwoods Properties
HIW
$3.48B
| $18.6M | ﹤0.01% |
779,109
-13,886
| -2% | -$307K |
|
2093
State Street SPDR Portfolio Intermediate Term Treasury ETF
SPTI
$10.6B
| $18.6M | ﹤0.01% |
657,647
-1,279,584
| -66% | -$36.8M |
|
2094
PTC Therapeutics
PTCT
$5.98B
| $18.6M | ﹤0.01% |
457,289
+10,925
| +2% | +$535K |
|
2095
Legend Biotech
LEGN
$3.95B
| $18.6M | ﹤0.01% |
269,108
-185,776
| -41% | -$12.1M |
|
2096
Howard Hughes
HHH
$3.98B
| $18.6M | ﹤0.01% |
246,671
-96,947
| -28% | -$7.02M |
|
2097
First Industrial Realty Trust
FR
$8.33B
| $18.5M | ﹤0.01% |
352,298
-168,489
| -32% | -$8.8M |
|
2098
Direxion NASDAQ-100 Equal Weighted Index ETF
QQQE
$1.45B
| $18.5M | ﹤0.01% |
240,699
+160,598
| +200% | +$11.7M |
|
2099
CALL
Enovix
ENVX
$958M
| $18.5M | ﹤0.01% |
+1,172,457
| New | +$13.6M |
|
2100
CALL
Costco
COST
$426B
| $18.5M | ﹤0.01% |
34,300
-255,400
| -88% | -$129M |
|
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.