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 | |
|---|---|---|---|---|---|---|
301
CALL
Baxter International
BAX
$13.9B
| $266M | 0.06% |
6,471,200
+6,420,900
| +12,765% | +$245M |
|
302
Alerian MLP ETF
AMLP
$13.2B
| $264M | 0.06% |
4,827,481
-387,466
| -7% | -$19.7M |
|
303
Cigna
CI
$73.3B
| $263M | 0.06% |
1,917,413
-205,531
| -10% | -$28.2M |
|
304
T. Rowe Price
TROW
$23.8B
| $263M | 0.06% |
3,581,362
-152,079
| -4% | -$10.6M |
|
305
CoreCivic
CXW
$3.32B
| $262M | 0.06% |
8,163,346
+1,030,631
| +14% | +$30.1M |
|
306
BP
BP
$111B
| $261M | 0.06% |
10,285,823
+635,019
| +7% | +$16M |
|
307
State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
SHM
$3.47B
| $261M | 0.06% |
5,346,742
-1,797,924
| -25% | -$88M |
|
308
Invesco S&P 500 Low Volatility ETF
SPLV
$7.18B
| $261M | 0.06% |
6,462,212
+2,094,882
| +48% | +$79.9M |
|
|
MRSH
309
Marsh
MRSH
$90.1B
| $260M | 0.06% |
4,281,630
+29,260
| +0.7% | +$1.64M |
|
|
CERN
310
DELISTED
Cerner Corp
CERN
| $259M | 0.06% |
4,886,207
-89,887
| -2% | -$4.9M |
|
311
iShares MSCI Pacific ex Japan ETF
EPP
$2.26B
| $256M | 0.06% |
6,526,765
+235,205
| +4% | +$8.53M |
|
312
PPG Industries
PPG
$25.5B
| $256M | 0.06% |
2,292,077
+56,271
| +3% | +$5.53M |
|
313
Public Storage
PSA
$60.4B
| $255M | 0.06% |
924,149
-226,440
| -20% | -$57.1M |
|
314
Constellation Brands
STZ
$22.9B
| $251M | 0.06% |
1,660,589
+100,134
| +6% | +$14.5M |
|
315
CALL
iShares MSCI EAFE ETF
EFA
$80.2B
| $248M | 0.06% |
4,342,700
-3,221,900
| -43% | -$178M |
|
316
iShares MSCI Switzerland ETF
EWL
$2.22B
| $248M | 0.06% |
8,345,341
+320,888
| +4% | +$9.33M |
|
317
CALL
ExxonMobil
XOM
$657B
| $247M | 0.06% |
2,958,300
-448,600
| -13% | -$35.9M |
|
318
Welltower
WELL
$166B
| $246M | 0.06% |
3,553,590
-1,211,230
| -25% | -$78.1M |
|
319
Prudential Financial
PRU
$42.3B
| $246M | 0.06% |
3,409,548
-180,318
| -5% | -$12.6M |
|
320
TE Connectivity
TEL
$62B
| $246M | 0.06% |
3,969,373
-110,125
| -3% | -$6.39M |
|
|
BXLT
321
DELISTED
BAXALTA INC COM STK (DE)
BXLT
| $245M | 0.06% |
6,060,163
+1,014,651
| +20% | +$40.1M |
|
322
Southern Company
SO
$106B
| $244M | 0.06% |
4,714,952
+198,313
| +4% | +$9.66M |
|
323
Citizens Financial Group
CFG
$31.1B
| $244M | 0.06% |
11,627,968
+1,438,957
| +14% | +$30.5M |
|
324
CME Group
CME
$94.3B
| $244M | 0.06% |
2,535,509
-322,181
| -11% | -$29.3M |
|
325
National Grid
NGG
$81.1B
| $243M | 0.06% |
3,523,803
+221,703
| +7% | +$14.8M |
|
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.