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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.96B |
| 2 |
iShares Russell 2000 ETF
IWM
|
+$627M |
| 3 |
Baxter International
BAX
|
+$411M |
| 4 |
3M
MMM
|
+$402M |
| 5 |
RTX Corp
RTX
|
+$370M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Conagra Brands
CAG
|
+$248M |
| 2 |
CHK
Chesapeake Energy Corporation
CHK
|
+$242M |
| 3 |
iShares MSCI Brazil ETF
EWZ
|
+$233M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$159M |
| 5 |
BEAM
BEAM INC COM STK (DE)
BEAM
|
+$158M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 7.68% |
| 2 | Energy | 6.71% |
| 3 | Healthcare | 6.68% |
| 4 | Technology | 6.64% |
| 5 | Financials | 6.34% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
601
Allstate
ALL
$65.9B
| $85.3M | 0.03% |
1,452,512
+30,599
| +2% | +$1.76M |
|
602
Cullen/Frost Bankers
CFR
$10.4B
| $85.2M | 0.03% |
1,072,742
+13,109
| +1% | +$1.01M |
|
603
PUT
Ford
F
$55.3B
| $85.1M | 0.03% |
4,936,500
+907,700
| +23% | +$14.8M |
|
604
Canadian Natural Resources
CNQ
$98.3B
| $84.9M | 0.03% |
3,824,789
+270,508
| +8% | +$5.41M |
|
605
Trane Technologies
TT
$106B
| $84.7M | 0.03% |
1,355,580
-218,691
| -14% | -$13M |
|
606
TSMC
TSM
$2.23T
| $84.7M | 0.03% |
3,959,068
+401,113
| +11% | +$8.26M |
|
607
Alaska Air
ALK
$5.28B
| $84.6M | 0.03% |
1,779,872
-20,162
| -1% | -$960K |
|
608
ABM Industries
ABM
$2.8B
| $84.6M | 0.03% |
3,134,957
-26,426
| -0.8% | -$717K |
|
609
Newell Brands
NWL
$2.57B
| $84.5M | 0.03% |
2,726,568
-62,725
| -2% | -$1.88M |
|
610
Archer Daniels Midland
ADM
$38.3B
| $84.2M | 0.03% |
1,909,960
-197,946
| -9% | -$8.75M |
|
611
iShares MSCI ACWI ex US ETF
ACWX
$12B
| $84M | 0.03% |
1,749,727
+26,661
| +2% | +$1.27M |
|
612
PUT
Qualcomm
QCOM
$170B
| $84M | 0.03% |
1,060,600
+565,500
| +114% | +$45M |
|
|
POT
613
DELISTED
Potash Corp Of Saskatchewan
POT
| $83.7M | 0.03% |
2,203,674
-80,048
| -4% | -$2.89M |
|
614
Darden Restaurants
DRI
$24.9B
| $83.3M | 0.03% |
2,013,529
-42,805
| -2% | -$1.9M |
|
615
Wynn Resorts
WYNN
$10.7B
| $83.2M | 0.03% |
400,993
+135,757
| +51% | +$28.1M |
|
|
VPU
616
Vanguard Utilities ETF
VPU
$8.48B
| $83.2M | 0.03% |
859,978
+656,373
| +322% | +$60.9M |
|
617
CALL
ConocoPhillips
COP
$151B
| $83M | 0.03% |
968,300
+644,200
| +199% | +$50.2M |
|
618
Xtrackers MSCI EAFE Hedged Equity ETF
DBEF
$9.43B
| $82.9M | 0.03% |
3,003,511
+232,738
| +8% | +$6.42M |
|
|
SLXP
619
DELISTED
SALIX PHARMACEUTICALS LTD DEL
SLXP
| $81.7M | 0.03% |
662,735
-422,628
| -39% | -$46.7M |
|
620
Copa Holdings
CPA
$5.53B
| $81.4M | 0.03% |
570,701
+65,239
| +13% | +$9.13M |
|
621
PUT
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$48.3B
| $81.3M | 0.03% |
484,200
+19,000
| +4% | +$3.15M |
|
|
STI
622
DELISTED
SunTrust Banks, Inc.
STI
| $81M | 0.03% |
2,021,205
+292,707
| +17% | +$11.4M |
|
623
PUT
Biogen
BIIB
$30.3B
| $80.8M | 0.03% |
256,200
+162,400
| +173% | +$48.9M |
|
624
iShares S&P Small-Cap 600 Value ETF
IJS
$8.3B
| $80.1M | 0.03% |
1,387,260
+277,980
| +25% | +$15.6M |
|
625
Vanguard Morningstar Mega Cap Growth ETF
MGK
$33.8B
| $79.9M | 0.03% |
5,204,435
-496,210
| -9% | -$7.34M |
|
Similar funds
Bank of America's Q2 2014 Portfolio in Review
As of Q2 2014, Bank of America held 8,565 positions worth $313B, up 16% from $269B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Bank of America deployed $29.9B of net new capital in Q2 2014, opening 601 new positions and adding to 4,157 existing holdings. Its largest new stake was JD.com: 6,224,952 shares worth $177M.
By sector, the portfolio is most concentrated in Industrials at 7.7% of assets, down from 7.9% a quarter earlier, followed by Energy and Healthcare.
On the sell side, the largest reduction was Conagra Brands, an estimated $248M trimmed.
- Bank of America's largest Q2 2014 buy was JD.com: 6,224,952 shares worth $177M.
- Bank of America added most to State Street SPDR S&P 500 ETF Trust in Q2 2014, an estimated $1.96B increase.
- Bank of America's biggest Q2 2014 reduction was Conagra Brands, cutting an estimated $248M.
- Bank of America fully exited BEAM INC COM STK (DE) in Q2 2014, selling an estimated $158M.
- Bank of America's ten largest holdings make up 14% of its $313B portfolio in Q2 2014.
- Bank of America opened 601 new positions and closed 433 in Q2 2014.
- Bank of America's portfolio value rose 16% quarter-over-quarter to $313B.
Based on Bank of America's 13F filing for Q2 2014, filed 14 Aug 2014.