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 |
Vanguard Morningstar Value ETF
VTV
|
+$3.48B |
| 2 |
Schwab Short-Term US Treasury ETF
SCHO
|
+$2.49B |
| 3 |
Invesco QQQ Trust
QQQ
|
+$2.36B |
| 4 |
Apple
AAPL
|
+$2.28B |
| 5 |
Amazon
AMZN
|
+$1.74B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$3.15B |
| 2 |
iShares Core MSCI EAFE ETF
IEFA
|
+$2.87B |
| 3 |
iShares MBS ETF
MBB
|
+$990M |
| 4 |
Vanguard Dividend Appreciation ETF
VIG
|
+$897M |
| 5 |
Chevron
CVX
|
+$863M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 12.41% |
| 2 | Healthcare | 6.97% |
| 3 | Financials | 6.77% |
| 4 | Consumer Discretionary | 5.53% |
| 5 | Industrials | 5.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
NVO
201
Novo Nordisk
NVO
$203B
| $1.01B | 0.1% |
12,645,190
-881,322
| -7% | -$62.5M |
|
202
Vanguard Consumer Staples ETF
VDC
$7.96B
| $1B | 0.1% |
5,181,067
+209,499
| +4% | +$39.7M |
|
203
Chubb
CB
$132B
| $997M | 0.1% |
5,133,648
+68,219
| +1% | +$14.3M |
|
204
Blackstone
BX
$110B
| $990M | 0.1% |
11,271,654
+1,043,468
| +10% | +$92.2M |
|
205
CSX Corp
CSX
$92.8B
| $986M | 0.1% |
32,941,231
+1,575,138
| +5% | +$48.4M |
|
206
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$27.2B
| $986M | 0.1% |
2,150,267
+149,577
| +7% | +$69.7M |
|
207
PUT
iShares MSCI Emerging Markets ETF
EEM
$30.4B
| $982M | 0.1% |
24,898,300
+15,603,600
| +168% | +$620M |
|
208
iShares S&P 100 ETF
OEF
$20.4B
| $981M | 0.1% |
5,244,047
+144,018
| +3% | +$25.8M |
|
209
Fidelity MSCI Utilities Index ETF
FUTY
$2.31B
| $977M | 0.1% |
22,285,278
+1,421,452
| +7% | +$62.5M |
|
210
Entergy
ETR
$50.3B
| $975M | 0.1% |
18,091,888
+1,491,948
| +9% | +$79.2M |
|
211
Alibaba
BABA
$300B
| $965M | 0.1% |
9,443,677
+1,478,767
| +19% | +$148M |
|
212
American Tower
AMT
$79.4B
| $963M | 0.1% |
4,711,828
-249,235
| -5% | -$52.3M |
|
213
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$48.2B
| $951M | 0.1% |
2,859,267
+114,425
| +4% | +$38M |
|
214
State Street SPDR S&P Biotech ETF
XBI
$10.5B
| $946M | 0.1% |
12,413,163
+1,380,520
| +13% | +$115M |
|
215
Hewlett Packard
HPE
$77.8B
| $944M | 0.1% |
59,288,867
+6,572,347
| +12% | +$103M |
|
216
iShares Core Dividend Growth ETF
DGRO
$43.8B
| $941M | 0.1% |
18,831,653
-100,204
| -0.5% | -$5.03M |
|
217
Vanguard Industrials ETF
VIS
$8.5B
| $940M | 0.1% |
4,934,830
+2,758
| +0.1% | +$524K |
|
218
Diageo
DEO
$52.2B
| $940M | 0.1% |
5,187,272
+313,378
| +6% | +$55.3M |
|
219
iShares US Aerospace & Defense ETF
ITA
$15B
| $934M | 0.1% |
8,116,804
+4,117,204
| +103% | +$468M |
|
220
Vanguard Short-Term Bond ETF
BSV
$45.6B
| $928M | 0.1% |
12,136,850
-880,284
| -7% | -$66.7M |
|
221
Illinois Tool Works
ITW
$83.3B
| $919M | 0.09% |
3,775,102
+201,428
| +6% | +$47M |
|
222
Vanguard Real Estate ETF
VNQ
$38.6B
| $918M | 0.09% |
11,059,000
-2,844,934
| -20% | -$244M |
|
223
First Trust Cloud Computing ETF
SKYY
$3.25B
| $905M | 0.09% |
13,532,655
-1,418,335
| -9% | -$89.3M |
|
224
Wells Fargo
WFC
$269B
| $903M | 0.09% |
24,148,413
+3,279,059
| +16% | +$143M |
|
225
Waste Management
WM
$90.5B
| $900M | 0.09% |
5,514,373
+428,089
| +8% | +$65.6M |
|
Similar funds
Bank of America's Q1 2023 Portfolio in Review
As of Q1 2023, Bank of America held 8,720 positions worth $974B, up 11% from $878B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Bank of America deployed $44.8B of net new capital in Q1 2023, opening 508 new positions and adding to 4,009 existing holdings. Its largest new stake was GE HealthCare: 1,546,972 shares worth $127M.
By sector, the portfolio is most concentrated in Technology at 12% of assets, up from 10% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was iShares Core S&P 500 ETF, an estimated $3.15B trimmed.
- Bank of America's largest Q1 2023 buy was GE HealthCare: 1,546,972 shares worth $127M.
- Bank of America added most to Vanguard Morningstar Value ETF in Q1 2023, an estimated $3.48B increase.
- Bank of America's biggest Q1 2023 reduction was iShares Core S&P 500 ETF, cutting an estimated $3.15B.
- Bank of America fully exited SVB Financial Group in Q1 2023, selling an estimated $121M.
- Bank of America's ten largest holdings make up 16% of its $974B portfolio in Q1 2023.
- Bank of America opened 508 new positions and closed 926 in Q1 2023.
- Bank of America's portfolio value rose 11% quarter-over-quarter to $974B.
Based on Bank of America's 13F filing for Q1 2023, filed 12 May 2023.