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 |
Air Products & Chemicals
APD
|
+$931M |
| 2 |
Pfizer
PFE
|
+$720M |
| 3 |
Vanguard S&P 500 ETF
VOO
|
+$713M |
| 4 |
Target
TGT
|
+$588M |
| 5 |
Procter & Gamble
PG
|
+$549M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ConocoPhillips
COP
|
+$649M |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$613M |
| 3 |
State Street SPDR S&P Dividend ETF
SDY
|
+$560M |
| 4 |
Paychex
PAYX
|
+$536M |
| 5 |
iShares Russell 1000 Value ETF
IWD
|
+$523M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 8.52% |
| 2 | Technology | 7.96% |
| 3 | Industrials | 7.47% |
| 4 | Financials | 7.29% |
| 5 | Consumer Staples | 7.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
Vanguard Total International Stock ETF
VXUS
$164B
| $382M | 0.09% |
8,503,648
+5,101,218
| +150% | +$217M |
|
|
WBA
227
DELISTED
Walgreens Boots Alliance
WBA
| $380M | 0.09% |
4,512,026
+1,150,501
| +34% | +$91.9M |
|
228
Invesco S&P 500 Equal Weight ETF
RSP
$100B
| $378M | 0.09% |
4,809,993
-2,490,364
| -34% | -$183M |
|
229
PUT
Charter Communications
CHTR
$18.7B
| $374M | 0.09% |
1,847,600
-737,000
| -29% | -$132M |
|
230
Northrop Grumman
NOC
$81.6B
| $374M | 0.09% |
1,889,687
-211,999
| -10% | -$40M |
|
231
Vanguard High Dividend Yield ETF
VYM
$84.2B
| $372M | 0.09% |
5,389,142
-1,699,688
| -24% | -$111M |
|
232
iShares Floating Rate Bond ETF
FLOT
$10.5B
| $372M | 0.09% |
7,378,822
-138,478
| -2% | -$6.97M |
|
233
Enterprise Products Partners
EPD
$82.1B
| $370M | 0.09% |
15,036,859
+159,330
| +1% | +$3.71M |
|
234
iShares S&P 500 Value ETF
IVE
$50.3B
| $366M | 0.09% |
4,072,489
-27,397
| -0.7% | -$2.34M |
|
|
TWX
235
DELISTED
Time Warner Inc
TWX
| $361M | 0.09% |
4,979,811
+15,068
| +0.3% | +$1.04M |
|
236
American Express
AXP
$232B
| $361M | 0.09% |
5,880,779
-171,796
| -3% | -$9.99M |
|
237
Cincinnati Financial
CINF
$26.5B
| $359M | 0.09% |
5,493,546
+115,594
| +2% | +$7.04M |
|
238
Deere & Co
DE
$165B
| $357M | 0.09% |
4,635,540
-255,788
| -5% | -$20M |
|
239
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$48.3B
| $357M | 0.09% |
2,019,397
-720,612
| -26% | -$120M |
|
|
ALXN
240
DELISTED
Alexion Pharmaceuticals
ALXN
| $356M | 0.09% |
2,556,418
-103,071
| -4% | -$15.1M |
|
241
Vanguard Morningstar Large-Cap ETF
VV
$54.9B
| $355M | 0.09% |
3,780,305
-35,928
| -0.9% | -$3.2M |
|
242
Emerson Electric
EMR
$91.6B
| $354M | 0.09% |
6,513,002
-1,109,029
| -15% | -$53.5M |
|
243
iShares MSCI Emerging Markets Min Vol Factor ETF
EEMV
$3.61B
| $354M | 0.09% |
6,891,978
+529,456
| +8% | +$25.2M |
|
244
Caterpillar
CAT
$393B
| $352M | 0.09% |
4,595,891
-4,837
| -0.1% | -$324K |
|
245
Phillips 66
PSX
$92.8B
| $350M | 0.09% |
4,039,270
+505,242
| +14% | +$41.1M |
|
246
Kroger
KR
$35.1B
| $350M | 0.09% |
9,140,990
+1,032,950
| +13% | +$39.9M |
|
247
First Trust Dow Jones Internet Index Fund ETF
FDN
$5.45B
| $348M | 0.08% |
5,091,845
+85,802
| +2% | +$5.64M |
|
248
iShares 20+ Year Treasury Bond ETF
TLT
$40.8B
| $347M | 0.08% |
2,653,366
+806,186
| +44% | +$103M |
|
249
Vanguard Total International Bond ETF
BNDX
$83B
| $345M | 0.08% |
6,321,097
+797,638
| +14% | +$42.9M |
|
250
Invesco Preferred ETF
PGX
$3.77B
| $341M | 0.08% |
22,863,641
+2,125,001
| +10% | +$31.3M |
|
Similar funds
Bank of America's Q1 2016 Portfolio in Review
As of Q1 2016, Bank of America held 7,848 positions worth $411B, down 2.6% from $422B the previous quarter. Its ten largest holdings account for 9.8% of the portfolio.
Bank of America withdrew a net $12.8B in Q1 2016, closing 760 positions and reducing 3,270 holdings. Its most notable exit was CHUBB CORPORATION, an estimated $429M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 8.5% of assets, down from 8.5% a quarter earlier, followed by Technology and Industrials.
Against the trend, Bank of America opened a new position in WisdomTree Dynamic Bearish U.S. Equity Fund worth $5.9M.
- Bank of America's largest Q1 2016 buy was WisdomTree Dynamic Bearish U.S. Equity Fund: 243,183 shares worth $5.9M.
- Bank of America added most to Air Products & Chemicals in Q1 2016, an estimated $931M increase.
- Bank of America's biggest Q1 2016 reduction was ConocoPhillips, cutting an estimated $649M.
- Bank of America fully exited CHUBB CORPORATION in Q1 2016, selling an estimated $429M.
- Bank of America's ten largest holdings make up 9.8% of its $411B portfolio in Q1 2016.
- Bank of America opened 426 new positions and closed 760 in Q1 2016.
- Bank of America's portfolio value fell 2.6% quarter-over-quarter to $411B.
Based on Bank of America's 13F filing for Q1 2016, filed 13 May 2016.