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 |
iShares Core S&P 500 ETF
IVV
|
+$1.34B |
| 2 |
Vanguard S&P 500 ETF
VOO
|
+$1.31B |
| 3 |
iShare MSCI Eurozone ETF
EZU
|
+$1.15B |
| 4 |
iShares Core MSCI EAFE ETF
IEFA
|
+$586M |
| 5 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$507M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$10.1B |
| 2 |
AABA
Altaba Inc
AABA
|
+$1.66B |
| 3 |
GE Aerospace
GE
|
+$1.18B |
| 4 |
Altria Group
MO
|
+$1.15B |
| 5 |
WisdomTree Europe Hedged Equity Fund
HEDJ
|
+$1.11B |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.71% |
| 2 | Financials | 8.17% |
| 3 | Industrials | 6.6% |
| 4 | Healthcare | 6.45% |
| 5 | Consumer Staples | 5.16% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
451
Xcel Energy
XEL
$48.5B
| $196M | 0.03% |
4,079,027
-1,086,923
| -21% | -$53.9M |
|
|
HES
452
DELISTED
Hess
HES
| $196M | 0.03% |
4,130,725
-1,146,402
| -22% | -$51.7M |
|
453
Hartford Financial Services
HIG
$38.1B
| $195M | 0.03% |
3,472,967
-572,540
| -14% | -$31.9M |
|
|
ALXN
454
DELISTED
Alexion Pharmaceuticals
ALXN
| $194M | 0.03% |
1,624,715
-506,370
| -24% | -$61.7M |
|
455
Vanguard Morningstar Mega Cap Growth ETF
MGK
$33.6B
| $194M | 0.03% |
8,723,900
-79,310
| -0.9% | -$1.73M |
|
456
PUT
Home Depot
HD
$353B
| $194M | 0.03% |
1,024,800
-129,400
| -11% | -$22.3M |
|
457
Vanguard Communication Services ETF
VOX
$5.82B
| $194M | 0.03% |
2,128,403
-2,841,243
| -57% | -$256M |
|
|
CTXS
458
DELISTED
Citrix Systems Inc
CTXS
| $193M | 0.03% |
2,196,647
-1,014,915
| -32% | -$86M |
|
459
Boston Scientific
BSX
$74.2B
| $193M | 0.03% |
7,787,804
-1,871,905
| -19% | -$51.6M |
|
|
SHPG
460
DELISTED
Shire pic
SHPG
| $192M | 0.03% |
1,236,854
-424,971
| -26% | -$63M |
|
461
ON Semiconductor
ON
$31.6B
| $190M | 0.03% |
9,069,406
-1,514,997
| -14% | -$30.9M |
|
462
CALL
Cisco
CSCO
$475B
| $190M | 0.03% |
4,954,500
+2,046,600
| +70% | +$73.1M |
|
463
Albemarle
ALB
$15.3B
| $190M | 0.03% |
1,481,822
-147,074
| -9% | -$19.9M |
|
464
Centene
CNC
$32.1B
| $189M | 0.03% |
3,738,734
-2,435,798
| -39% | -$118M |
|
465
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
$17.1B
| $188M | 0.03% |
1,852,802
+345,754
| +23% | +$35.2M |
|
|
ANDV
466
DELISTED
Andeavor
ANDV
| $188M | 0.03% |
1,642,067
+319,188
| +24% | +$34.3M |
|
467
Vanguard Consumer Discretionary ETF
VCR
$6.15B
| $187M | 0.03% |
1,202,037
+24,766
| +2% | +$3.69M |
|
468
Zimmer Biomet
ZBH
$18.5B
| $187M | 0.03% |
1,594,891
-215,502
| -12% | -$24.4M |
|
|
ABB
469
DELISTED
ABB Ltd
ABB
| $187M | 0.03% |
6,962,671
+1,606,464
| +30% | +$41.3M |
|
|
470
PUT
GE Aerospace
GE
$382B
| $187M | 0.03% |
2,230,932
-876
| -0% | -$83.6K |
|
471
CALL
Citigroup
C
$228B
| $186M | 0.03% |
2,506,080
-1,316,920
| -34% | -$97.4M |
|
472
Southern Company
SO
$106B
| $185M | 0.03% |
3,851,959
-185,924
| -5% | -$9.47M |
|
|
473
PUT
Cisco
CSCO
$475B
| $185M | 0.03% |
4,825,500
+84,400
| +2% | +$3.01M |
|
474
Cummins
CMI
$87.1B
| $184M | 0.03% |
1,042,161
-14,807
| -1% | -$2.53M |
|
475
Factset
FDS
$10.1B
| $183M | 0.03% |
949,465
-294,406
| -24% | -$56.5M |
|
Similar funds
Bank of America's Q4 2017 Portfolio in Review
As of Q4 2017, Bank of America held 7,594 positions worth $597B, down 5.1% from $630B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Bank of America withdrew a net $61.8B in Q4 2017, closing 458 positions and reducing 3,365 holdings. Its most notable exit was CR Bard Inc., an estimated $326M position sold in full.
By sector, the portfolio is most concentrated in Technology at 8.7% of assets, up from 8.6% a quarter earlier, followed by Financials and Industrials.
Against the trend, Bank of America opened a new position in Five Point Holdings worth $40.5M.
- Bank of America's largest Q4 2017 buy was Five Point Holdings: 2,869,120 shares worth $40.5M.
- Bank of America added most to iShares Core S&P 500 ETF in Q4 2017, an estimated $1.34B increase.
- Bank of America's biggest Q4 2017 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $10.1B.
- Bank of America fully exited CR Bard Inc. in Q4 2017, selling an estimated $326M.
- Bank of America's ten largest holdings make up 12% of its $597B portfolio in Q4 2017.
- Bank of America opened 390 new positions and closed 458 in Q4 2017.
- Bank of America's portfolio value fell 5.1% quarter-over-quarter to $597B.
Based on Bank of America's 13F filing for Q4 2017, filed 14 Feb 2018.