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 |
Truist Financial
TFC
|
+$1.5B |
| 2 |
Bristol-Myers Squibb
BMY
|
+$836M |
| 3 |
Prudential Financial
PRU
|
+$606M |
| 4 |
Vanguard High Dividend Yield ETF
VYM
|
+$578M |
| 5 |
VF Corp
VFC
|
+$500M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$5.57B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$4.65B |
| 3 |
Vanguard S&P 500 ETF
VOO
|
+$4.57B |
| 4 |
STI
SunTrust Banks, Inc.
STI
|
+$1.54B |
| 5 |
iShares MSCI Emerging Markets ETF
EEM
|
+$804M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 10.13% |
| 2 | Financials | 8.43% |
| 3 | Healthcare | 7.39% |
| 4 | Industrials | 5.9% |
| 5 | Consumer Discretionary | 5.25% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$32.7B
| $3.94B | 0.56% |
30,789,396
-1,483,152
| -5% | -$189M |
|
27
Home Depot
HD
$354B
| $3.93B | 0.56% |
18,008,497
+782,023
| +5% | +$177M |
|
28
Walt Disney
DIS
$178B
| $3.91B | 0.56% |
27,005,117
+1,196,280
| +5% | +$167M |
|
29
Honeywell
HON
$73.7B
| $3.9B | 0.56% |
23,349,520
+123,093
| +0.5% | +$20.1M |
|
30
Pfizer
PFE
$152B
| $3.88B | 0.56% |
104,244,546
-5,272,143
| -5% | -$188M |
|
31
Merck
MRK
$322B
| $3.85B | 0.55% |
44,382,865
-3,246,506
| -7% | -$267M |
|
32
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.7B
| $3.75B | 0.54% |
59,820,634
-439,092
| -0.7% | -$26.7M |
|
33
Verizon
VZ
$196B
| $3.73B | 0.53% |
60,753,409
-9,324,551
| -13% | -$562M |
|
34
State Street Health Care Select Sector SPDR ETF
XLV
$44B
| $3.54B | 0.51% |
34,755,798
-2,113,240
| -6% | -$203M |
|
35
PepsiCo
PEP
$188B
| $3.54B | 0.51% |
25,895,415
-309,444
| -1% | -$42.1M |
|
36
Procter & Gamble
PG
$337B
| $3.49B | 0.5% |
27,944,424
-173,149
| -0.6% | -$21.2M |
|
37
Meta Platforms (Facebook)
META
$1.54T
| $3.49B | 0.5% |
16,988,724
-572,664
| -3% | -$111M |
|
38
AT&T
T
$167B
| $3.48B | 0.5% |
117,990,678
+2,691,422
| +2% | +$77.7M |
|
39
Citigroup
C
$228B
| $3.45B | 0.5% |
43,241,523
-1,260,818
| -3% | -$93.2M |
|
40
iShares US Treasury Bond ETF
GOVT
$43.7B
| $3.43B | 0.49% |
132,091,318
+7,309,762
| +6% | +$191M |
|
41
PUT
iShares 7-10 Year Treasury Bond ETF
IEF
$47.1B
| $3.41B | 0.49% |
30,950,000
-7,110,000
| -19% | -$793M |
|
42
Lockheed Martin
LMT
$137B
| $3.23B | 0.46% |
8,284,461
-1,097,169
| -12% | -$421M |
|
43
ExxonMobil
XOM
$657B
| $3.2B | 0.46% |
45,845,536
-2,766,942
| -6% | -$191M |
|
44
Vanguard Intermediate-Term Bond ETF
BIV
$28.8B
| $3.14B | 0.45% |
35,951,355
+98,232
| +0.3% | +$8.6M |
|
45
Texas Instruments
TXN
$257B
| $3.05B | 0.44% |
23,762,046
+673,630
| +3% | +$83.1M |
|
46
iShares Russell Mid-Cap ETF
IWR
$57.7B
| $3.02B | 0.43% |
50,666,157
+1,103,494
| +2% | +$63.4M |
|
47
Vanguard FTSE Emerging Markets ETF
VWO
$125B
| $3B | 0.43% |
67,531,106
+1,838,424
| +3% | +$77.9M |
|
48
State Street Communication Services Select Sector SPDR ETF
XLC
$22.6B
| $2.93B | 0.42% |
54,544,428
+3,827,655
| +8% | +$197M |
|
49
Chevron
CVX
$385B
| $2.91B | 0.42% |
24,130,799
+303,658
| +1% | +$35.8M |
|
50
iShares Core S&P Mid-Cap ETF
IJH
$127B
| $2.91B | 0.42% |
70,641,510
+1,774,165
| +3% | +$70.3M |
|
Similar funds
Bank of America's Q4 2019 Portfolio in Review
As of Q4 2019, Bank of America held 7,781 positions worth $698B, up 3.7% from $673B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
Bank of America withdrew a net $22.6B in Q4 2019, closing 553 positions and reducing 3,408 holdings. Its most notable exit was SunTrust Banks, Inc., an estimated $1.54B position sold in full.
By sector, the portfolio is most concentrated in Technology at 10% of assets, up from 9.3% a quarter earlier, followed by Financials and Healthcare.
Against the trend, Bank of America opened a new position in DTE Energy Company 2019 Corporate Units worth $10.2M.
- Bank of America's largest Q4 2019 buy was DTE Energy Company 2019 Corporate Units: 199,598 shares worth $10.2M.
- Bank of America added most to Truist Financial in Q4 2019, an estimated $1.5B increase.
- Bank of America's biggest Q4 2019 reduction was iShares Core S&P 500 ETF, cutting an estimated $5.57B.
- Bank of America fully exited SunTrust Banks, Inc. in Q4 2019, selling an estimated $1.54B.
- Bank of America's ten largest holdings make up 13% of its $698B portfolio in Q4 2019.
- Bank of America opened 360 new positions and closed 553 in Q4 2019.
- Bank of America's portfolio value rose 3.7% quarter-over-quarter to $698B.
Based on Bank of America's 13F filing for Q4 2019, filed 14 Feb 2020.