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
|
+$5.43B |
| 2 |
iShares MSCI EAFE ETF
EFA
|
+$3.53B |
| 3 |
Vanguard Intermediate-Term Bond ETF
BIV
|
+$3.1B |
| 4 |
Vanguard Morningstar Value ETF
VTV
|
+$2.85B |
| 5 |
iShares MBS ETF
MBB
|
+$2.82B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
RAI
Reynolds American Inc
RAI
|
+$1.22B |
| 2 |
Air Products & Chemicals
APD
|
+$736M |
| 3 |
DD
Du Pont De Nemours E I
DD
|
+$669M |
| 4 |
Mondelez International
MDLZ
|
+$430M |
| 5 |
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
|
+$333M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.65% |
| 2 | Financials | 8.25% |
| 3 | Healthcare | 7.43% |
| 4 | Industrials | 7.04% |
| 5 | Consumer Staples | 5.41% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
651
State Street SPDR MSCI ACWI ex-US ETF
CWI
$2.88B
| $128M | 0.02% |
5,056,196
+832,080
| +20% | +$20.5M |
|
652
J.M. Smucker
SJM
$12.9B
| $127M | 0.02% |
1,213,488
+196,402
| +19% | +$22.4M |
|
653
Progressive
PGR
$122B
| $127M | 0.02% |
2,627,236
+918,802
| +54% | +$43M |
|
654
CALL
Delta Air Lines
DAL
$60.3B
| $127M | 0.02% |
2,635,200
+2,485,800
| +1,664% | +$124M |
|
655
CALL
SLB Ltd
SLB
$77.2B
| $127M | 0.02% |
1,819,200
+374,200
| +26% | +$24.7M |
|
656
PUT
Starbucks
SBUX
$125B
| $127M | 0.02% |
2,356,500
+36,300
| +2% | +$2.01M |
|
657
Northern Trust
NTRS
$34.8B
| $126M | 0.02% |
1,371,449
+684,959
| +100% | +$61.9M |
|
658
RELX
RELX
$60.2B
| $125M | 0.02% |
5,589,414
+1,556,486
| +39% | +$34.2M |
|
|
FRC
659
DELISTED
First Republic Bank
FRC
| $125M | 0.02% |
1,192,430
+411,198
| +53% | +$40.8M |
|
660
CALL
Expedia Group
EXPE
$39.5B
| $124M | 0.02% |
861,400
+557,700
| +184% | +$82.6M |
|
661
Celanese
CE
$4.81B
| $123M | 0.02% |
1,181,329
+332,279
| +39% | +$32.6M |
|
662
PUT
Morgan Stanley
MS
$344B
| $123M | 0.02% |
2,556,800
-671,100
| -21% | -$31.1M |
|
|
663
PUT
SLB Ltd
SLB
$77.2B
| $122M | 0.02% |
1,744,800
-266,800
| -13% | -$17.6M |
|
664
CALL
ExxonMobil
XOM
$651B
| $122M | 0.02% |
1,484,000
-736,600
| -33% | -$58.5M |
|
665
Agilent Technologies
A
$42.1B
| $121M | 0.02% |
1,883,807
+141,621
| +8% | +$8.82M |
|
666
PUT
iShares MSCI Mexico ETF
EWW
$1.88B
| $121M | 0.02% |
2,213,300
+1,960,200
| +774% | +$110M |
|
667
PUT
IBM
IBM
$223B
| $121M | 0.02% |
869,749
-219,137
| -20% | -$30.5M |
|
668
PUT
McDonald's
MCD
$193B
| $120M | 0.02% |
764,100
-106,600
| -12% | -$16.7M |
|
669
Snap-on
SNA
$20.9B
| $120M | 0.02% |
802,444
+286,856
| +56% | +$43.1M |
|
670
Invesco S&P International Developed Low Volatility ETF
IDLV
$344M
| $120M | 0.02% |
3,601,811
+162,840
| +5% | +$5.36M |
|
|
MLPI
671
DELISTED
UBS E-TRACS Alerian MLP Infrastructure ETN
MLPI
| $119M | 0.02% |
4,743,209
-465,576
| -9% | -$11.8M |
|
672
CALL
Verizon
VZ
$199B
| $118M | 0.02% |
2,386,600
-21,200
| -0.9% | -$997K |
|
673
Invesco FTSE RAFI US 1500 Small-Mid ETF
PRFZ
$2.92B
| $118M | 0.02% |
4,711,260
-8,575
| -0.2% | -$204K |
|
674
iShares US Equity Factor ETF
LRGF
$3.74B
| $118M | 0.02% |
3,938,605
+2,284,939
| +138% | +$66.8M |
|
675
PUT
Netflix
NFLX
$323B
| $118M | 0.02% |
6,494,000
+661,000
| +11% | +$11.5M |
|
Similar funds
Bank of America's Q3 2017 Portfolio in Review
As of Q3 2017, Bank of America held 7,625 positions worth $630B, up 25% from $503B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Bank of America deployed $105B of net new capital in Q3 2017, opening 548 new positions and adding to 3,951 existing holdings. Its largest new stake was Baker Hughes: 1,368,107 shares worth $50.1M.
By sector, the portfolio is most concentrated in Technology at 8.6% of assets, up from 8.4% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was Air Products & Chemicals, an estimated $736M trimmed.
- Bank of America's largest Q3 2017 buy was Baker Hughes: 1,368,107 shares worth $50.1M.
- Bank of America added most to State Street SPDR S&P 500 ETF Trust in Q3 2017, an estimated $5.43B increase.
- Bank of America's biggest Q3 2017 reduction was Air Products & Chemicals, cutting an estimated $736M.
- Bank of America fully exited Reynolds American Inc in Q3 2017, selling an estimated $1.22B.
- Bank of America's ten largest holdings make up 12% of its $630B portfolio in Q3 2017.
- Bank of America opened 548 new positions and closed 407 in Q3 2017.
- Bank of America's portfolio value rose 25% quarter-over-quarter to $630B.
Based on Bank of America's 13F filing for Q3 2017, filed 14 Nov 2017.