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 |
General Dynamics
GD
|
+$521M |
| 2 |
Norfolk Southern
NSC
|
+$388M |
| 3 |
Meta Platforms (Facebook)
META
|
+$344M |
| 4 |
iShares MSCI Brazil ETF
EWZ
|
+$325M |
| 5 |
Lockheed Martin
LMT
|
+$314M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$730M |
| 2 |
Vanguard FTSE Emerging Markets ETF
VWO
|
+$588M |
| 3 |
RTX Corp
RTX
|
+$415M |
| 4 |
JNPR
Juniper Networks
JNPR
|
+$398M |
| 5 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$394M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 7.87% |
| 2 | Technology | 6.85% |
| 3 | Healthcare | 6.8% |
| 4 | Energy | 6.74% |
| 5 | Financials | 6.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Invesco DB Commodity Index Tracking Fund
DBC
$1.72B
| $586M | 0.22% |
22,438,945
+313,953
| +1% | +$8.03M |
|
102
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.7B
| $583M | 0.22% |
18,015,990
+1,910,152
| +12% | +$62.3M |
|
|
EMC
103
DELISTED
EMC CORPORATION
EMC
| $573M | 0.21% |
20,910,205
-1,327,906
| -6% | -$34.5M |
|
104
Mondelez International
MDLZ
$78.9B
| $572M | 0.21% |
16,545,373
+5,285,807
| +47% | +$181M |
|
|
105
PUT
Meta Platforms (Facebook)
META
$1.53T
| $568M | 0.21% |
9,430,400
-788,500
| -8% | -$50M |
|
|
106
iShares MSCI Brazil ETF
EWZ
$8.6B
| $564M | 0.21% |
12,533,674
+7,927,658
| +172% | +$325M |
|
107
iShares Core S&P Small-Cap ETF
IJR
$112B
| $551M | 0.2% |
10,009,178
-290,660
| -3% | -$15.7M |
|
108
State Street Utilities Select Sector SPDR ETF
XLU
$22.7B
| $544M | 0.2% |
26,253,166
+691,464
| +3% | +$13.6M |
|
109
Northrop Grumman
NOC
$81.8B
| $538M | 0.2% |
4,357,512
-287,440
| -6% | -$34.1M |
|
|
LLTC
110
DELISTED
Linear Technology Corp
LLTC
| $536M | 0.2% |
11,009,949
-788,791
| -7% | -$36.4M |
|
111
Union Pacific
UNP
$174B
| $533M | 0.2% |
5,681,672
+37,780
| +0.7% | +$3.36M |
|
112
Boeing
BA
$184B
| $532M | 0.2% |
4,239,680
+190,033
| +5% | +$24.8M |
|
113
SPDR Gold Trust
GLD
$143B
| $518M | 0.19% |
4,192,337
+195,949
| +5% | +$24.4M |
|
|
ESRX
114
DELISTED
Express Scripts Holding Company
ESRX
| $512M | 0.19% |
6,823,470
+460,614
| +7% | +$34.5M |
|
115
Costco
COST
$419B
| $508M | 0.19% |
4,545,231
+369,094
| +9% | +$42.2M |
|
|
CELG
116
DELISTED
Celgene Corp
CELG
| $501M | 0.19% |
7,176,382
+793,598
| +12% | +$62.8M |
|
117
Vanguard Industrials ETF
VIS
$8.49B
| $496M | 0.18% |
4,927,669
+225,672
| +5% | +$22.3M |
|
118
Visa
V
$677B
| $495M | 0.18% |
9,178,832
-326,616
| -3% | -$18.2M |
|
119
Enterprise Products Partners
EPD
$81.8B
| $493M | 0.18% |
14,229,880
+56,498
| +0.4% | +$1.87M |
|
120
Ford
F
$55.7B
| $493M | 0.18% |
31,633,195
+3,257,927
| +11% | +$50.4M |
|
121
GSK
GSK
$102B
| $492M | 0.18% |
7,366,075
+604,973
| +9% | +$40.9M |
|
122
iShares TIPS Bond ETF
TIP
$14.7B
| $485M | 0.18% |
4,327,126
-113,546
| -3% | -$12.7M |
|
123
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$7.3B
| $483M | 0.18% |
3,896,000
+17,603
| +0.5% | +$2.16M |
|
124
TJX Companies
TJX
$172B
| $469M | 0.17% |
15,459,940
+793,604
| +5% | +$24M |
|
125
Goldman Sachs
GS
$301B
| $468M | 0.17% |
2,858,353
-608,017
| -18% | -$102M |
|
Similar funds
Bank of America's Q1 2014 Portfolio in Review
As of Q1 2014, Bank of America held 8,742 positions worth $269B, down 3.1% from $278B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
Bank of America withdrew a net $12.1B in Q1 2014, closing 765 positions and reducing 4,246 holdings. Its most notable exit was LIFE TECHNOLOGIES CORP COM STK (DE), an estimated $113M position sold in full.
By sector, the portfolio is most concentrated in Industrials at 7.9% of assets, up from 7.4% a quarter earlier, followed by Technology and Healthcare.
Against the trend, Bank of America opened a new position in Knowles worth $38.9M.
- Bank of America's largest Q1 2014 buy was Knowles: 1,230,682 shares worth $38.9M.
- Bank of America added most to General Dynamics in Q1 2014, an estimated $521M increase.
- Bank of America's biggest Q1 2014 reduction was Invesco QQQ Trust, cutting an estimated $730M.
- Bank of America fully exited LIFE TECHNOLOGIES CORP COM STK (DE) in Q1 2014, selling an estimated $113M.
- Bank of America's ten largest holdings make up 13% of its $269B portfolio in Q1 2014.
- Bank of America opened 417 new positions and closed 765 in Q1 2014.
- Bank of America's portfolio value fell 3.1% quarter-over-quarter to $269B.
Based on Bank of America's 13F filing for Q1 2014, filed 15 May 2014.