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 | |
|---|---|---|---|---|---|---|
2301
Victory Portfolios II VictoryShares Short-Term Bond ETF
USTB
$2.4B
| $14.5M | ﹤0.01% |
296,284
+3,252
| +1% | +$159K |
|
2302
PUT
Delta Air Lines
DAL
$58.8B
| $14.5M | ﹤0.01% |
304,400
+191,600
| +170% | +$7.07M |
|
2303
Allegro MicroSystems
ALGM
$8.27B
| $14.5M | ﹤0.01% |
320,557
-203,109
| -39% | -$8.22M |
|
2304
Invesco Senior Income Trust
VVR
$459M
| $14.4M | ﹤0.01% |
3,749,927
+13,652
| +0.4% | +$50.7K |
|
|
SCHW
2305
PUT
Charles Schwab
SCHW
$192B
| $14.4M | ﹤0.01% |
253,900
-92,800
| -27% | -$4.86M |
|
2306
ICL Group
ICL
$7.16B
| $14.4M | ﹤0.01% |
2,625,428
+1,409,212
| +116% | +$8.52M |
|
|
AXIA
2307
DELISTED
AXIA Energia
AXIA
| $14.4M | ﹤0.01% |
2,196,307
+2,132,631
| +3,349% | +$12.2M |
|
2308
UMB Financial
UMBF
$11.5B
| $14.4M | ﹤0.01% |
236,143
-93,987
| -28% | -$5.61M |
|
|
CADE
2309
DELISTED
Cadence Bank
CADE
| $14.4M | ﹤0.01% |
731,770
+85,255
| +13% | +$1.68M |
|
2310
Patrick Industries
PATK
$2.76B
| $14.4M | ﹤0.01% |
269,072
+9,995
| +4% | +$471K |
|
|
SRC
2311
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $14.3M | ﹤0.01% |
363,754
-33,475
| -8% | -$1.3M |
|
2312
FlexShares Quality Dividend Index Fund
QDF
$2.28B
| $14.3M | ﹤0.01% |
247,778
-27,519
| -10% | -$1.52M |
|
2313
Fidelity Dividend ETF for Rising Rates
FDRR
$764M
| $14.3M | ﹤0.01% |
342,969
-17,000
| -5% | -$692K |
|
2314
CALL
Roblox
RBLX
$27.3B
| $14.3M | ﹤0.01% |
355,100
| – | – |
|
2315
CALL
Exelon
EXC
$47.2B
| $14.3M | ﹤0.01% |
350,800
+189,300
| +117% | +$7.83M |
|
2316
First Financial Bankshares
FFIN
$5.06B
| $14.3M | ﹤0.01% |
501,440
+55,380
| +12% | +$1.57M |
|
2317
US Physical Therapy
USPH
$1.21B
| $14.3M | ﹤0.01% |
117,604
+21,551
| +22% | +$2.32M |
|
2318
Sixth Street Specialty
TSLX
$1.78B
| $14.3M | ﹤0.01% |
763,426
+194,843
| +34% | +$3.55M |
|
2319
JPMorgan BetaBuilders International Equity ETF
BBIN
$6.58B
| $14.3M | ﹤0.01% |
259,854
+77,465
| +42% | +$4.25M |
|
2320
JPMorgan Diversified Return Emerging Markets Equity ETF
JPEM
$390M
| $14.2M | ﹤0.01% |
281,823
+4,053
| +1% | +$207K |
|
2321
Sprott Physical Gold and Silver Trust
CEF
$8.23B
| $14.2M | ﹤0.01% |
789,468
+229,455
| +41% | +$4.34M |
|
2322
CALL
Intuit
INTU
$94.6B
| $14.2M | ﹤0.01% |
31,000
+18,600
| +150% | +$8.15M |
|
|
PRO
2323
DELISTED
PROS Holdings
PRO
| $14.2M | ﹤0.01% |
460,891
-22,477
| -5% | -$632K |
|
2324
Cohen & Steers REIT and Preferred and Income Fund
RNP
$986M
| $14.2M | ﹤0.01% |
745,358
+19,497
| +3% | +$363K |
|
|
MPT
2325
PUT
Medical Properties Trust
MPT
$2.5B
| $14.2M | ﹤0.01% |
1,528,400
-151,800
| -9% | -$1.28M |
|
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.