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 | |
|---|---|---|---|---|---|---|
2126
Valley National Bancorp
VLY
$8.29B
| $17.7M | ﹤0.01% |
2,283,922
-253,050
| -10% | -$2.01M |
|
2127
DXC Technology
DXC
$1.72B
| $17.6M | ﹤0.01% |
659,452
-792,309
| -55% | -$19.7M |
|
2128
PUT
Rivian
RIVN
$22.2B
| $17.6M | ﹤0.01% |
+1,057,500
| New | +$14.8M |
|
2129
John Hancock Multifactor Small Cap ETF
JHSC
$749M
| $17.6M | ﹤0.01% |
526,147
+53,544
| +11% | +$1.7M |
|
2130
Vanguard ESG International Stock ETF
VSGX
$6.83B
| $17.6M | ﹤0.01% |
331,105
+2,400
| +0.7% | +$127K |
|
2131
Carpenter Technology
CRS
$27.1B
| $17.6M | ﹤0.01% |
313,111
-45,501
| -13% | -$2.23M |
|
2132
VanEck Rare Earth/Strategic Metals ETF
REMX
$2.3B
| $17.6M | ﹤0.01% |
211,251
+2,981
| +1% | +$245K |
|
2133
FIVE9
FIVN
$2.47B
| $17.5M | ﹤0.01% |
212,676
-85,932
| -29% | -$5.77M |
|
2134
PUT
Harley-Davidson
HOG
$2.89B
| $17.5M | ﹤0.01% |
+497,500
| New | +$17.4M |
|
|
VRTV
2135
DELISTED
VERITIV CORPORATION
VRTV
| $17.5M | ﹤0.01% |
139,161
-47,917
| -26% | -$5.6M |
|
2136
H&R Block
HRB
$6.83B
| $17.5M | ﹤0.01% |
548,459
-1,207,289
| -69% | -$39M |
|
2137
STAAR Surgical
STAA
$1.3B
| $17.4M | ﹤0.01% |
330,120
-3,473
| -1% | -$211K |
|
2138
Dycom Industries
DY
$12.6B
| $17.4M | ﹤0.01% |
152,685
-59,234
| -28% | -$5.85M |
|
2139
CALL
Simon Property Group
SPG
$71B
| $17.3M | ﹤0.01% |
149,900
-12,500
| -8% | -$1.36M |
|
2140
First Trust Large Cap Growth AlphaDEX Fund
FTC
$1.4B
| $17.3M | ﹤0.01% |
170,878
-16,158
| -9% | -$1.53M |
|
2141
Lloyds Banking Group
LYG
$90.1B
| $17.3M | ﹤0.01% |
7,861,787
-801,618
| -9% | -$1.84M |
|
2142
iShares International Equity Factor ETF
INTF
$3.77B
| $17.3M | ﹤0.01% |
643,658
-10,067
| -2% | -$270K |
|
2143
CALL
EOG Resources
EOG
$74.8B
| $17.2M | ﹤0.01% |
150,600
+127,900
| +563% | +$14.6M |
|
2144
Nuveen Municipal Credit Opportunities Fund
NMCO
$588M
| $17.2M | ﹤0.01% |
1,590,208
+100,129
| +7% | +$1.11M |
|
|
NKLA
2145
PUT
DELISTED
Nikola Corporation Common Stock
NKLA
| $17.2M | ﹤0.01% |
+415,343
| New | +$11.5M |
|
2146
Nutanix
NTNX
$18B
| $17.2M | ﹤0.01% |
612,988
+7,026
| +1% | +$187K |
|
2147
Agree Realty
ADC
$9.3B
| $17.2M | ﹤0.01% |
262,490
-141,851
| -35% | -$9.39M |
|
2148
Noble Corp
NE
$7.2B
| $17.2M | ﹤0.01% |
415,347
-55,607
| -12% | -$2.14M |
|
2149
ATI
ATI
$31.1B
| $17.2M | ﹤0.01% |
387,814
-105,869
| -21% | -$4.05M |
|
|
MMD
2150
MainStay MacKay DefinedTerm Municipal Opportunities Fund
MMD
$282M
| $17.1M | ﹤0.01% |
1,003,812
+22,969
| +2% | +$392K |
|
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.