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 | |
|---|---|---|---|---|---|---|
101
iShares Russell Mid-Cap ETF
IWR
$57.7B
| $983M | 0.24% |
24,140,416
-2,902,316
| -11% | -$110M |
|
102
Eli Lilly
LLY
$1.08T
| $970M | 0.24% |
13,474,455
-5,366,038
| -28% | -$406M |
|
103
General Dynamics
GD
$106B
| $967M | 0.24% |
7,364,249
+1,425,312
| +24% | +$189M |
|
104
Thermo Fisher Scientific
TMO
$224B
| $961M | 0.23% |
6,784,583
-651,875
| -9% | -$87.4M |
|
105
Gilead Sciences
GILD
$168B
| $960M | 0.23% |
10,450,921
-160,445
| -2% | -$14.5M |
|
106
Starbucks
SBUX
$122B
| $952M | 0.23% |
15,952,026
+160,910
| +1% | +$9.37M |
|
107
Vanguard Morningstar Total Stock Market ETF
VTI
$689B
| $946M | 0.23% |
9,023,638
-1,231,564
| -12% | -$122M |
|
|
108
State Street SPDR S&P Dividend ETF
SDY
$22.1B
| $941M | 0.23% |
11,775,231
-7,552,574
| -39% | -$560M |
|
109
iShares MSCI Emerging Markets ETF
EEM
$29.9B
| $922M | 0.22% |
26,924,383
-1,713,296
| -6% | -$53.1M |
|
110
UnitedHealth
UNH
$361B
| $909M | 0.22% |
7,048,512
-263,805
| -4% | -$31.2M |
|
111
WisdomTree Japan Hedged Equity Fund
DXJ
$7.43B
| $904M | 0.22% |
20,675,388
-9,077,884
| -31% | -$401M |
|
112
American Electric Power
AEP
$67.3B
| $901M | 0.22% |
13,569,263
+1,218,914
| +10% | +$75.4M |
|
113
iShares MSCI USA Min Vol Factor ETF
USMV
$24.4B
| $888M | 0.22% |
20,205,949
+8,283,016
| +69% | +$345M |
|
114
iShares Select Dividend ETF
DVY
$23.7B
| $884M | 0.22% |
10,826,795
+892,750
| +9% | +$68.1M |
|
115
Bristol-Myers Squibb
BMY
$130B
| $881M | 0.21% |
13,793,478
-4,341,604
| -24% | -$274M |
|
|
116
CALL
iShares MSCI Emerging Markets ETF
EEM
$29.9B
| $870M | 0.21% |
25,391,100
+468,000
| +2% | +$14.5M |
|
|
SE
117
DELISTED
Spectra Energy Corp Wi
SE
| $860M | 0.21% |
28,115,874
+6,263,336
| +29% | +$177M |
|
118
Digital Realty Trust
DLR
$70.6B
| $860M | 0.21% |
9,722,084
+285,803
| +3% | +$23.2M |
|
|
AGN
119
DELISTED
Allergan plc
AGN
| $849M | 0.21% |
3,166,146
-290,427
| -8% | -$83.1M |
|
120
Broadcom
AVGO
$1.98T
| $825M | 0.2% |
53,427,230
+9,622,100
| +22% | +$130M |
|
121
AutoZone
AZO
$49.7B
| $825M | 0.2% |
1,036,033
-17,957
| -2% | -$13.6M |
|
122
State Street Utilities Select Sector SPDR ETF
XLU
$22.7B
| $820M | 0.2% |
33,036,302
+5,240,100
| +19% | +$121M |
|
123
CALL
Apple
AAPL
$4.45T
| $811M | 0.2% |
29,769,392
-3,286,724
| -10% | -$81.9M |
|
|
NVO
124
Novo Nordisk
NVO
$207B
| $800M | 0.19% |
29,514,578
+234,614
| +0.8% | +$6.29M |
|
125
TJX Companies
TJX
$172B
| $792M | 0.19% |
20,228,046
+2,239,306
| +12% | +$81.3M |
|
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.