Bank of America Corp.
The book · Q4 2025
| # | Ticker | Name | Shares | $ value | % port | Δ Q4 |
|---|---|---|---|---|---|---|
| 1 | VTV | VANGUARD INDEX FDS | 115.51M | $22061.2T | 1.6% | — |
| 2 | VUG | VANGUARD INDEX FDS | 38.27M | $18669.0T | 1.4% | +360% |
| 3 | MSFT | MICROSOFT CORP | 32.25M | $15597.4T | 1.1% | +98% |
| 4 | IEFA | ISHARES TR | 170.95M | $15293.6T | 1.1% | — |
| 5 | NVDA | NVIDIA CORPORATION | 78.96M | $14726.4T | 1.1% | +792% |
| 6 | AAPL | APPLE INC | 44.60M | $12124.1T | 0.9% | +26% |
| 7 | SPY | SPDR S&P 500 ETF TR | 14.44M | $9845.7T | 0.7% | NEW |
| 8 | GOOGL | ALPHABET INC | 31.36M | $9817.2T | 0.7% | +82% |
| 9 | VOO | VANGUARD INDEX FDS | 15.52M | $9734.1T | 0.7% | +2% |
| 10 | MSFT | MICROSOFT CORP | 20.04M | $9691.8T | 0.7% | +23% |
Where the money is
AC read
Bank of America Corporation's $40.3 trillion equity portfolio reflects the operational characteristics of a major financial institution managing diverse client assets and proprietary trading activities. The bank's extraordinarily high quarterly turnover rate of 96% combined with an impressive 1,255 new positions this quarter signals intensive portfolio management activity typical of a large dealer operation handling substantial client flows, trading operations, and wealth management services. This hyperactive approach contrasts sharply with traditional buy-and-hold strategies, instead reflecting the dynamic nature of institutional banking operations where positions frequently change to accommodate client needs, risk management requirements, and market-making activities.
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