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 | |
|---|---|---|---|---|---|---|
851
Jefferies Financial Group
JEF
$12.9B
| $47.3M | 0.02% |
2,015,222
-514,589
| -20% | -$11.9M |
|
|
BRCM
852
DELISTED
BROADCOM CORP CL-A
BRCM
| $47.3M | 0.02% |
1,274,189
+77,102
| +6% | +$2.53M |
|
853
Barclays
BCS
$94.6B
| $47.2M | 0.02% |
3,492,497
+407,830
| +13% | +$6.18M |
|
|
LVLT
854
DELISTED
Level 3 Communications Inc
LVLT
| $47.1M | 0.02% |
1,072,555
+124,354
| +13% | +$5.22M |
|
855
Nabors Industries
NBR
$1.35B
| $47.1M | 0.02% |
32,069
+4,531
| +16% | +$5.85M |
|
856
SPX Corp
SPXC
$10.6B
| $47.1M | 0.02% |
1,727,163
-53,279
| -3% | -$1.38M |
|
857
PUT
Halliburton
HAL
$27.4B
| $47M | 0.02% |
662,100
+102,100
| +18% | +$6.54M |
|
858
Huntington Bancshares
HBAN
$35.9B
| $47M | 0.02% |
4,923,053
-1,699,451
| -26% | -$16M |
|
859
PUT
Tapestry
TPR
$25.9B
| $46.9M | 0.02% |
1,372,200
+126,700
| +10% | +$5.44M |
|
|
DFT
860
DELISTED
DuPont Fabros Technology Inc.
DFT
| $46.9M | 0.02% |
1,738,407
+298,223
| +21% | +$7.54M |
|
861
CALL
3D Systems Corp
DDD
$601M
| $46.9M | 0.02% |
783,600
+640,900
| +449% | +$32.9M |
|
862
Melco Resorts & Entertainment
MLCO
$2.14B
| $46.7M | 0.01% |
1,306,618
-79,129
| -6% | -$2.73M |
|
|
VALE.P
863
DELISTED
Vale S A
VALE.P
| $46.6M | 0.01% |
3,912,996
-3,860,513
| -50% | -$47M |
|
864
Sabesp
SBS
$16.5B
| $46.5M | 0.01% |
22,368,881
+3,940,145
| +21% | +$7.55M |
|
865
PUT
HP
HPQ
$28.6B
| $46.5M | 0.01% |
3,038,320
+213,815
| +8% | +$3.21M |
|
|
MXIM
866
DELISTED
Maxim Integrated Products
MXIM
| $46.4M | 0.01% |
1,372,065
+574,377
| +72% | +$19.1M |
|
867
CALL
UnitedHealth
UNH
$358B
| $46.4M | 0.01% |
567,100
+238,600
| +73% | +$18.8M |
|
868
CALL
VanEck Gold Miners ETF
GDX
$26.9B
| $46.3M | 0.01% |
1,751,635
+70,835
| +4% | +$1.7M |
|
869
iShares Intermediate Government/Credit Bond ETF
GVI
$3.8B
| $46.3M | 0.01% |
417,215
+127,893
| +44% | +$14.1M |
|
870
Omnicom Group
OMC
$24.2B
| $46M | 0.01% |
645,759
-416,423
| -39% | -$29M |
|
871
State Street SPDR S&P Metals & Mining ETF
XME
$4.46B
| $45.6M | 0.01% |
1,080,183
-221,842
| -17% | -$9.14M |
|
|
ATVI
872
DELISTED
Activision Blizzard
ATVI
| $45.5M | 0.01% |
2,040,409
+707,133
| +53% | +$14.5M |
|
873
Vanguard Mortgage-Backed Securities ETF
VMBS
$15.7B
| $45.3M | 0.01% |
860,252
+296,701
| +53% | +$15.5M |
|
|
BEAV
874
DELISTED
B/E Aerospace Inc
BEAV
| $45.2M | 0.01% |
675,620
+7,518
| +1% | +$500K |
|
875
CALL
Occidental Petroleum
OXY
$57.7B
| $45.2M | 0.01% |
459,469
+205,519
| +81% | +$19.3M |
|
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.