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 | |
|---|---|---|---|---|---|---|
2326
Invesco California AMT-Free Municipal Bond ETF
PWZ
$1.17B
| $14.1M | ﹤0.01% |
573,906
+54,696
| +11% | +$1.35M |
|
2327
Maravai LifeSciences
MRVI
$849M
| $14.1M | ﹤0.01% |
1,137,096
+670,007
| +143% | +$9.04M |
|
|
RADI
2328
DELISTED
Radius Global Infrastructure, Inc. Class A Common Stock
RADI
| $14.1M | ﹤0.01% |
948,481
+540,743
| +133% | +$7.98M |
|
2329
Invesco Dividend Achievers ETF
PFM
$810M
| $14.1M | ﹤0.01% |
369,559
-68,487
| -16% | -$2.53M |
|
2330
CALL
Ulta Beauty
ULTA
$22B
| $14.1M | ﹤0.01% |
30,000
+20,000
| +200% | +$9.8M |
|
|
2331
PUT
Ulta Beauty
ULTA
$22B
| $14.1M | ﹤0.01% |
30,000
+5,000
| +20% | +$2.45M |
|
2332
Invesco Financial Preferred ETF
PGF
$668M
| $14.1M | ﹤0.01% |
983,039
+112,577
| +13% | +$1.62M |
|
2333
Franklin Resources
BEN
$17.2B
| $14.1M | ﹤0.01% |
527,689
-128,255
| -20% | -$3.31M |
|
2334
Surgery Partners
SGRY
$1.97B
| $14.1M | ﹤0.01% |
313,191
+4,614
| +1% | +$176K |
|
2335
Visteon
VC
$2.89B
| $14.1M | ﹤0.01% |
98,076
-35,615
| -27% | -$5.08M |
|
2336
PUT
iShares Russell 2000 Value ETF
IWN
$14.7B
| $14.1M | ﹤0.01% |
100,000
| – | – |
|
2337
Dimensional International Value ETF
DFIV
$21.8B
| $14.1M | ﹤0.01% |
427,706
-521,524
| -55% | -$17.1M |
|
2338
Xtrackers MSCI USA ESG Leaders Equity ETF
USSG
$597M
| $14M | ﹤0.01% |
345,592
+42,160
| +14% | +$1.62M |
|
2339
Rush Enterprises Class A
RUSHA
$9.6B
| $14M | ﹤0.01% |
346,862
-199,780
| -37% | -$7.33M |
|
2340
Popular Inc
BPOP
$11.3B
| $14M | ﹤0.01% |
231,982
-34,484
| -13% | -$2.03M |
|
2341
Global X Cloud Computing ETF
CLOU
$274M
| $14M | ﹤0.01% |
705,126
+8,961
| +1% | +$162K |
|
2342
Dutch Bros
BROS
$9.09B
| $14M | ﹤0.01% |
491,665
-499,607
| -50% | -$14.8M |
|
2343
BlackRock Capital Allocation Term Trust
BCAT
$1.66B
| $13.9M | ﹤0.01% |
913,944
-258,768
| -22% | -$3.89M |
|
2344
Reynolds Consumer Products
REYN
$5.53B
| $13.9M | ﹤0.01% |
493,249
-103,292
| -17% | -$2.87M |
|
2345
Varex Imaging
VREX
$779M
| $13.9M | ﹤0.01% |
590,836
+87,855
| +17% | +$1.83M |
|
2346
Plexus
PLXS
$7.13B
| $13.9M | ﹤0.01% |
141,572
+16,237
| +13% | +$1.49M |
|
2347
PUT
Snowflake
SNOW
$114B
| $13.9M | ﹤0.01% |
79,000
-307,100
| -80% | -$49.9M |
|
2348
Matsons
MATX
$6.5B
| $13.9M | ﹤0.01% |
178,629
-9,883
| -5% | -$678K |
|
2349
BioNTech
BNTX
$23.4B
| $13.9M | ﹤0.01% |
128,455
-15,988
| -11% | -$1.8M |
|
|
FISV
2350
CALL
Fiserv Inc
FISV
$28.9B
| $13.9M | ﹤0.01% |
109,800
+46,900
| +75% | +$5.52M |
|
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.