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 | |
|---|---|---|---|---|---|---|
|
GG
1001
DELISTED
Goldcorp Inc
GG
| $44.3M | 0.01% |
2,729,235
+294,737
| +12% | +$4.1M |
|
|
BMS
1002
DELISTED
Bemis
BMS
| $44.2M | 0.01% |
853,868
+45,842
| +6% | +$2.21M |
|
|
CELG
1003
CALL
DELISTED
Celgene Corp
CELG
| $44.2M | 0.01% |
441,300
+50,000
| +13% | +$5.15M |
|
|
WRK
1004
DELISTED
WestRock Company
WRK
| $44.2M | 0.01% |
1,255,678
-88,645
| -7% | -$2.89M |
|
1005
Signet Jewelers
SIG
$3.62B
| $44.2M | 0.01% |
355,957
-164,396
| -32% | -$18.7M |
|
1006
Northern Trust
NTRS
$34.8B
| $44M | 0.01% |
674,368
+15,388
| +2% | +$964K |
|
1007
Eaton Vance Tax-Advantaged Dividend Income Fund
EVT
$2.2B
| $43.9M | 0.01% |
2,288,961
+264,074
| +13% | +$4.81M |
|
1008
Charles River Laboratories
CRL
$13.5B
| $43.8M | 0.01% |
576,746
+61,154
| +12% | +$4.53M |
|
1009
PUT
State Street Industrial Select Sector SPDR ETF
XLI
$34.7B
| $43.7M | 0.01% |
788,200
+645,000
| +450% | +$33.3M |
|
|
WCC
1010
WESCO International
WCC
$17.7B
| $43.7M | 0.01% |
799,204
+118,766
| +17% | +$5.28M |
|
1011
Rithm Capital
RITM
$5.75B
| $43.7M | 0.01% |
3,756,301
+630,028
| +20% | +$6.98M |
|
1012
Extra Space Storage
EXR
$31.4B
| $43.7M | 0.01% |
467,141
-82,013
| -15% | -$7.13M |
|
1013
iShares US Energy ETF
IYE
$1.79B
| $43.6M | 0.01% |
1,253,735
-451,335
| -26% | -$14.7M |
|
1014
MGM Resorts International
MGM
$11.1B
| $43.5M | 0.01% |
2,030,130
-150,229
| -7% | -$2.97M |
|
1015
PUT
Delta Air Lines
DAL
$60.5B
| $43.5M | 0.01% |
893,700
-377,300
| -30% | -$17.6M |
|
|
QVCGA
1016
DELISTED
QVC Group Inc Series A
QVCGA
| $43.5M | 0.01% |
35,456
-5,417
| -13% | -$6.6M |
|
1017
Hormel Foods
HRL
$13.5B
| $43.4M | 0.01% |
1,004,282
-355,258
| -26% | -$14.8M |
|
1018
Smith & Nephew
SNN
$12.6B
| $43.3M | 0.01% |
1,300,828
+181,830
| +16% | +$5.95M |
|
1019
Sally Beauty Holdings
SBH
$1.55B
| $43.3M | 0.01% |
1,338,478
-158,765
| -11% | -$4.71M |
|
|
ENH
1020
DELISTED
Endurance Specialty Holdings Ltd
ENH
| $43.3M | 0.01% |
663,177
-136,966
| -17% | -$8.57M |
|
1021
Incyte
INCY
$24.4B
| $43.3M | 0.01% |
597,879
-221,612
| -27% | -$16.5M |
|
1022
RLJ Lodging Trust
RLJ
$1.67B
| $43.2M | 0.01% |
1,886,373
+47,967
| +3% | +$967K |
|
1023
Fomento Económico Mexicano
FMX
$39.9B
| $43.2M | 0.01% |
448,040
+261,922
| +141% | +$23.9M |
|
1024
Arrow Electronics
ARW
$10.7B
| $43M | 0.01% |
668,338
+323,680
| +94% | +$18M |
|
1025
WisdomTree Bloomberg US Dollar Bullish Fund
USDU
$458M
| $43M | 0.01% |
1,639,332
-1,092,278
| -40% | -$29.7M |
|
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.