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 | |
|---|---|---|---|---|---|---|
2451
Grab
GRAB
$14.8B
| $12.6M | ﹤0.01% |
3,663,320
-345,241
| -9% | -$1.07M |
|
2452
Invesco Dorsey Wright SmallCap Momentum ETF
DWAS
$455M
| $12.6M | ﹤0.01% |
159,555
-21,720
| -12% | -$1.62M |
|
2453
abrdn Physical Silver Shares ETF
SIVR
$4.49B
| $12.5M | ﹤0.01% |
573,759
-29,988
| -5% | -$696K |
|
|
SPWR
2454
DELISTED
SunPower Corporation Common Stock
SPWR
| $12.5M | ﹤0.01% |
1,278,339
+1,103,277
| +630% | +$12.9M |
|
2455
CALL
Kinder Morgan
KMI
$73.1B
| $12.5M | ﹤0.01% |
727,200
+82,300
| +13% | +$1.4M |
|
2456
First Trust Natural Gas ETF
FCG
$648M
| $12.5M | ﹤0.01% |
535,882
-77,573
| -13% | -$1.76M |
|
|
TWO
2457
Two Harbors Investment
TWO
$1.27B
| $12.5M | ﹤0.01% |
898,348
+46,039
| +5% | +$607K |
|
2458
BridgeBio Pharma
BBIO
$15.6B
| $12.5M | ﹤0.01% |
724,708
-640,349
| -47% | -$9.63M |
|
2459
Federated Hermes
FHI
$4.79B
| $12.5M | ﹤0.01% |
347,312
-96,057
| -22% | -$3.71M |
|
2460
Melco Resorts & Entertainment
MLCO
$2.17B
| $12.4M | ﹤0.01% |
1,018,065
-166,413
| -14% | -$2.06M |
|
|
HOUS
2461
DELISTED
Anywhere Real Estate
HOUS
| $12.4M | ﹤0.01% |
1,860,664
-3,254,407
| -64% | -$19.5M |
|
|
IBHC
2462
DELISTED
iShares iBonds 2023 Term High Yield and Income ETF
IBHC
| $12.4M | ﹤0.01% |
525,953
+1,434
| +0.3% | +$33.8K |
|
2463
H.B. Fuller
FUL
$3.38B
| $12.4M | ﹤0.01% |
173,743
-72,383
| -29% | -$4.76M |
|
|
CHX
2464
CALL
DELISTED
ChampionX
CHX
| $12.4M | ﹤0.01% |
400,000
-125,000
| -24% | -$3.44M |
|
|
NIMC
2465
DELISTED
NiSource Inc. Series A Corporate Units
NIMC
| $12.4M | ﹤0.01% |
122,024
-7,132
| -6% | -$735K |
|
2466
Invesco S&P MidCap Quality ETF
XMHQ
$5.68B
| $12.4M | ﹤0.01% |
153,730
+57,314
| +59% | +$4.29M |
|
2467
PUT
ChargePoint
CHPT
$160M
| $12.4M | ﹤0.01% |
70,490
+25,750
| +58% | +$4.51M |
|
2468
Macy's
M
$6.16B
| $12.4M | ﹤0.01% |
771,176
-1,533,095
| -67% | -$24.5M |
|
2469
Western Union
WU
$2.32B
| $12.4M | ﹤0.01% |
1,053,349
-760,667
| -42% | -$8.77M |
|
2470
State Street SPDR FTSE International Government Inflation-Protected Bond ETF
WIP
$474M
| $12.3M | ﹤0.01% |
294,478
+70,157
| +31% | +$2.94M |
|
2471
PUT
Ball Corp
BALL
$16.4B
| $12.3M | ﹤0.01% |
211,200
-352,800
| -63% | -$19.1M |
|
2472
Sunrun
RUN
$2.45B
| $12.3M | ﹤0.01% |
688,292
-146,922
| -18% | -$2.73M |
|
2473
Teva Pharmaceuticals
TEVA
$42.8B
| $12.3M | ﹤0.01% |
1,631,464
-634,637
| -28% | -$5.15M |
|
2474
Rapid7
RPD
$876M
| $12.3M | ﹤0.01% |
271,123
-76,674
| -22% | -$3.55M |
|
2475
FlexShares iBoxx 5-Year Target Duration TIPS Index Fund
TDTF
$1.04B
| $12.3M | ﹤0.01% |
517,476
-135,397
| -21% | -$3.26M |
|
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.