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 | |
|---|---|---|---|---|---|---|
2276
Allegiant Air
ALGT
$2.34B
| $14.9M | ﹤0.01% |
118,278
-59,288
| -33% | -$6.2M |
|
2277
CALL
Nike
NKE
$60.4B
| $14.9M | ﹤0.01% |
135,300
-32,600
| -19% | -$3.81M |
|
2278
UiPath
PATH
$8.3B
| $14.9M | ﹤0.01% |
900,686
-27,784
| -3% | -$446K |
|
2279
GDS Holdings
GDS
$6.89B
| $14.9M | ﹤0.01% |
1,357,112
-613,425
| -31% | -$8.15M |
|
2280
Invesco Semiconductors ETF
PSI
$2.61B
| $14.9M | ﹤0.01% |
326,850
+45,408
| +16% | +$1.83M |
|
2281
First Hawaiian
FHB
$3.37B
| $14.9M | ﹤0.01% |
826,557
+148,625
| +22% | +$2.73M |
|
2282
Huron Consulting
HURN
$2.42B
| $14.9M | ﹤0.01% |
175,167
-17,565
| -9% | -$1.44M |
|
2283
Fidelity High Dividend ETF
FDVV
$10.5B
| $14.9M | ﹤0.01% |
373,861
-4,648
| -1% | -$179K |
|
|
PRMW
2284
DELISTED
Primo Water Corporation
PRMW
| $14.9M | ﹤0.01% |
1,184,554
-67,854
| -5% | -$950K |
|
|
WRK
2285
DELISTED
WestRock Company
WRK
| $14.8M | ﹤0.01% |
510,143
-355,871
| -41% | -$10.3M |
|
2286
DigitalOcean
DOCN
$15.3B
| $14.8M | ﹤0.01% |
368,286
-594,120
| -62% | -$21.9M |
|
2287
Steven Madden
SHOO
$3.45B
| $14.8M | ﹤0.01% |
451,882
+54,742
| +14% | +$1.83M |
|
2288
Worthington Enterprises
WOR
$2.87B
| $14.7M | ﹤0.01% |
344,372
+23,208
| +7% | +$860K |
|
2289
PagerDuty
PD
$918M
| $14.7M | ﹤0.01% |
655,574
+127,933
| +24% | +$3.56M |
|
2290
Invesco BulletShares 2028 Corporate Bond ETF
BSCS
$3.59B
| $14.7M | ﹤0.01% |
746,253
+46,627
| +7% | +$931K |
|
|
DEN
2291
DELISTED
Denbury Inc.
DEN
| $14.7M | ﹤0.01% |
170,621
+14,127
| +9% | +$1.28M |
|
|
CCC
2292
CCC Intelligent Solutions
CCC
$4.11B
| $14.7M | ﹤0.01% |
1,311,153
-67,781
| -5% | -$666K |
|
2293
CALL
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$32.7B
| $14.6M | ﹤0.01% |
135,000
-965,000
| -88% | -$104M |
|
|
DFUS
2294
Dimensional US Equity ETF
DFUS
$21.7B
| $14.6M | ﹤0.01% |
302,900
+119,027
| +65% | +$5.41M |
|
2295
BlackRock MuniHoldings California Quality Fund
MUC
$1.01B
| $14.5M | ﹤0.01% |
1,340,068
+7,043
| +0.5% | +$75.7K |
|
2296
CALL
Dollar Tree
DLTR
$24.9B
| $14.5M | ﹤0.01% |
101,300
+17,700
| +21% | +$2.6M |
|
2297
Pan American Silver
PAAS
$20B
| $14.5M | ﹤0.01% |
995,844
-680,594
| -41% | -$11.2M |
|
2298
CALL
Dow Inc
DOW
$22.4B
| $14.5M | ﹤0.01% |
272,600
+50,000
| +22% | +$2.66M |
|
2299
Invesco Equal Weight 0-30 Year Treasury ETF
GOVI
$1.22B
| $14.5M | ﹤0.01% |
497,184
+16,871
| +4% | +$499K |
|
2300
CALL
Biogen
BIIB
$31B
| $14.5M | ﹤0.01% |
50,900
-214,800
| -81% | -$63.9M |
|
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.