Bank of America Corp.
The book · Q2 2026
| # | Ticker | Name | Shares | $ value | % port | Δ Q2 |
|---|---|---|---|---|---|---|
| 1 | VTV | VANGUARD INDEX FDS | 113.32M | $24.7B | 1.6% | +2% |
| 2 | VUG | VANGUARD INDEX FDS | 276.07M | $23.8B | 1.5% | +512% |
| 3 | NVDA | NVIDIA CORPORATION | 88.61M | $17.7B | 1.1% | +2% |
| 4 | AAPL | APPLE INC | 52.00M | $15.0B | 1.0% | +6% |
| 5 | IEMG | ISHARES INC | 178.47M | $14.8B | 1.0% | +1% |
| 6 | IEFA | ISHARES TR | 149.39M | $14.4B | 0.9% | +1% |
| 7 | GOOGL | ALPHABET INC | 35.54M | $12.7B | 0.8% | +5% |
| 8 | MSFT | MICROSOFT CORP | 32.37M | $12.1B | 0.8% | +4% |
| 9 | VOO | VANGUARD INDEX FDS | 16.52M | $11.3B | 0.7% | +1% |
| 10 | SPY | STATE STR SPDR S&P 500 ETF T | 14.86M | $11.1B | 0.7% | −5% |
Where the money is
AC read
Bank of America's most recent 13F filing reflects the structural characteristics typical of a large dealer-bank aggregating positions across its wealth management, custody, and institutional advisory arms rather than expressing a singular investment view. With 29,308 reported positions and a Herfindahl-Hirschman Index of just 0.003, the portfolio is about as diversified as a 13F filer can be, and the top 10 holdings account for only 10.0% of reported value. The holdings list is dominated by broad-market ETF exposure, with multiple tranches of VTV and VUG appearing separately (likely reflecting different custodial or advisory sleeves rather than distinct trading decisions), alongside SPY and IEFA, and single-name exposure to MSFT. This pattern is consistent with an institution aggregating client-directed and discretionary managed accounts across index and factor-based strategies rather than running concentrated proprietary bets.
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