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 | |
|---|---|---|---|---|---|---|
2226
Plains GP Holdings
PAGP
$5.11B
| $15.9M | ﹤0.01% |
1,070,826
+59,209
| +6% | +$818K |
|
2227
Gen Digital
GEN
$17B
| $15.9M | ﹤0.01% |
855,975
-1,346,709
| -61% | -$23.6M |
|
2228
Invesco CEF Income Composite ETF
PCEF
$820M
| $15.9M | ﹤0.01% |
877,418
-7,971
| -0.9% | -$143K |
|
2229
Brixmor Property Group
BRX
$9.2B
| $15.9M | ﹤0.01% |
720,991
-346,537
| -32% | -$7.23M |
|
2230
Dimensional World ex US Core Equity 2 ETF
DFAX
$12.5B
| $15.9M | ﹤0.01% |
680,162
+113,568
| +20% | +$2.65M |
|
2231
Southwest Gas
SWX
$6.71B
| $15.8M | ﹤0.01% |
248,772
-57,325
| -19% | -$3.39M |
|
2232
PUT
Bank of Montreal
BMO
$130B
| $15.8M | ﹤0.01% |
175,000
| – | – |
|
2233
Xtrackers S&P 500 ESG ETF
SNPE
$2.79B
| $15.8M | ﹤0.01% |
388,696
+24,724
| +7% | +$949K |
|
2234
Sprout Social
SPT
$599M
| $15.8M | ﹤0.01% |
341,772
+28,100
| +9% | +$1.34M |
|
2235
Invesco S&P MidCap 400 Revenue ETF
RWK
$1.35B
| $15.8M | ﹤0.01% |
164,182
-24,731
| -13% | -$2.22M |
|
2236
Korn Ferry
KFY
$4.32B
| $15.7M | ﹤0.01% |
317,709
+12,318
| +4% | +$606K |
|
2237
Norwegian Cruise Line
NCLH
$8.73B
| $15.7M | ﹤0.01% |
722,640
-644,939
| -47% | -$9.87M |
|
|
BCPC
2238
Balchem Corp
BCPC
$5.69B
| $15.7M | ﹤0.01% |
116,544
-9,434
| -7% | -$1.21M |
|
2239
CALL
PayPal
PYPL
$52.7B
| $15.7M | ﹤0.01% |
235,100
+97,600
| +71% | +$6.65M |
|
2240
Invesco S&P Emerging Markets Low Volatility ETF
EELV
$423M
| $15.7M | ﹤0.01% |
666,862
-218,700
| -25% | -$5.16M |
|
2241
ALPS O'Shares US Small-Cap Quality Dividend ETF
OUSM
$892M
| $15.7M | ﹤0.01% |
427,269
+90,086
| +27% | +$3.18M |
|
2242
CALL
Boston Scientific
BSX
$75.1B
| $15.7M | ﹤0.01% |
289,900
-216,600
| -43% | -$11.3M |
|
2243
PUT
SiriusXM
SIRI
$9.59B
| $15.6M | ﹤0.01% |
344,950
+301,560
| +695% | +$11.4M |
|
2244
State Street SPDR S&P Kensho Clean Power ETF
CNRG
$209M
| $15.6M | ﹤0.01% |
184,526
+21,163
| +13% | +$1.75M |
|
2245
Northern Oil and Gas
NOG
$2.61B
| $15.6M | ﹤0.01% |
453,617
-18,508
| -4% | -$600K |
|
2246
PUT
American Express
AXP
$231B
| $15.6M | ﹤0.01% |
89,300
-83,400
| -48% | -$13.5M |
|
2247
AXIS Capital
AXS
$7.38B
| $15.5M | ﹤0.01% |
288,526
-50,109
| -15% | -$2.74M |
|
2248
Brookfield Infrastructure Partners
BIP
$18.3B
| $15.5M | ﹤0.01% |
425,515
+74,347
| +21% | +$2.65M |
|
2249
NeoGenomics
NEO
$2.05B
| $15.5M | ﹤0.01% |
966,217
+108,493
| +13% | +$1.79M |
|
2250
Exponent
EXPO
$3.19B
| $15.5M | ﹤0.01% |
166,000
-29,589
| -15% | -$2.78M |
|
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.