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 | |
|---|---|---|---|---|---|---|
|
VPU
726
Vanguard Utilities ETF
VPU
$8.48B
| $76.5M | 0.02% |
711,478
+161,570
| +29% | +$16.1M |
|
|
VALE.P
727
DELISTED
Vale S A
VALE.P
| $76.4M | 0.02% |
24,479,193
+17,217,461
| +237% | +$39.6M |
|
728
RenaissanceRe
RNR
$13.2B
| $76.4M | 0.02% |
637,227
+48,146
| +8% | +$5.47M |
|
729
Bank of Montreal
BMO
$129B
| $76.3M | 0.02% |
1,256,945
+152,112
| +14% | +$8.33M |
|
730
Invesco S&P 500 High Dividend Low Volatility ETF
SPHD
$3.39B
| $75.9M | 0.02% |
2,043,722
+1,589,579
| +350% | +$54.2M |
|
731
Kimco Realty
KIM
$16.2B
| $75.7M | 0.02% |
2,631,303
-354,550
| -12% | -$9.57M |
|
732
CALL
IBM
IBM
$222B
| $75.3M | 0.02% |
520,176
-165,477
| -24% | -$21.1M |
|
733
Xtrackers MSCI Japan Hedged Equity ETF
DBJP
$722M
| $75.3M | 0.02% |
2,243,816
+183,551
| +9% | +$6.2M |
|
734
Moody's
MCO
$82.8B
| $74.8M | 0.02% |
775,047
+70,615
| +10% | +$6.35M |
|
735
PUT
SLB Ltd
SLB
$78.1B
| $74.7M | 0.02% |
1,012,624
-1,975,902
| -66% | -$139M |
|
736
State Street SPDR Bloomberg Short Term High Yield Bond ETF
SJNK
$4.8B
| $74.3M | 0.02% |
2,878,164
-1,611,115
| -36% | -$40.6M |
|
|
GWPH
737
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $74.2M | 0.02% |
1,028,245
+159,687
| +18% | +$8.76M |
|
738
Roper Technologies
ROP
$39.1B
| $74.1M | 0.02% |
405,696
-37,041
| -8% | -$6.38M |
|
739
CubeSmart
CUBE
$9.28B
| $74.1M | 0.02% |
2,224,496
+184,813
| +9% | +$5.68M |
|
740
CALL
JPMorgan Chase
JPM
$971B
| $74M | 0.02% |
1,249,100
-1,418,800
| -53% | -$82.9M |
|
741
Snap-on
SNA
$21.1B
| $73.9M | 0.02% |
470,710
-52,544
| -10% | -$8.05M |
|
742
CALL
Deutsche Bank
DB
$72.4B
| $73.6M | 0.02% |
4,866,288
+1,990,800
| +69% | +$33.3M |
|
743
CALL
FirstEnergy
FE
$27.2B
| $73.6M | 0.02% |
2,045,600
+2,035,600
| +20,356% | +$68.4M |
|
744
CALL
DuPont de Nemours
DD
$19.5B
| $73.6M | 0.02% |
571,117
-4,070,237
| -88% | -$488M |
|
745
Rio Tinto
RIO
$165B
| $73.5M | 0.02% |
2,601,662
+351,556
| +16% | +$9.36M |
|
746
Philips
PHG
$26.2B
| $73.4M | 0.02% |
3,590,933
+1,775,671
| +98% | +$32.8M |
|
747
Xylem
XYL
$28.5B
| $73.3M | 0.02% |
1,792,099
+156,711
| +10% | +$5.77M |
|
748
Progressive
PGR
$121B
| $73.1M | 0.02% |
2,079,569
+1,030,197
| +98% | +$32.9M |
|
|
SEE
749
DELISTED
Sealed Air
SEE
| $72.7M | 0.02% |
1,514,565
-171,804
| -10% | -$7.52M |
|
750
iShares MSCI India ETF
INDA
$6.58B
| $72.7M | 0.02% |
2,679,940
-1,634,902
| -38% | -$41.8M |
|
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.