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 | |
|---|---|---|---|---|---|---|
|
PPL
126
PPL Corp
PPL
$26.7B
| $791M | 0.19% |
20,767,079
+878,837
| +4% | +$31.2M |
|
127
PUT
Apple
AAPL
$4.42T
| $781M | 0.19% |
28,666,824
-9,370,032
| -25% | -$233M |
|
128
iShares 1-3 Year Treasury Bond ETF
SHY
$25.5B
| $777M | 0.19% |
9,137,552
+1,629,159
| +22% | +$138M |
|
129
Toronto Dominion Bank
TD
$202B
| $773M | 0.19% |
17,920,162
+4,629,836
| +35% | +$179M |
|
|
RTN
130
DELISTED
Raytheon Company
RTN
| $769M | 0.19% |
6,266,871
-3,356,173
| -35% | -$413M |
|
131
AstraZeneca
AZN
$245B
| $757M | 0.18% |
13,441,839
+2,116,441
| +19% | +$127M |
|
|
RAI
132
DELISTED
Reynolds American Inc
RAI
| $753M | 0.18% |
14,976,152
-3,792,862
| -20% | -$186M |
|
133
Vanguard Morningstar Small-Cap ETF
VB
$83.2B
| $750M | 0.18% |
6,730,388
-376,960
| -5% | -$39M |
|
134
Invesco QQQ Trust
QQQ
$482B
| $747M | 0.18% |
6,844,326
-3,942,207
| -37% | -$409M |
|
135
Amgen
AMGN
$223B
| $736M | 0.18% |
4,910,663
+206,248
| +4% | +$30.6M |
|
136
Invesco Emerging Markets Sovereign Debt ETF
PCY
$1.39B
| $724M | 0.18% |
25,566,478
+1,520,258
| +6% | +$41.7M |
|
137
Ford
F
$55.6B
| $721M | 0.18% |
53,384,327
+16,663,248
| +45% | +$210M |
|
138
iShares Core S&P Small-Cap ETF
IJR
$113B
| $718M | 0.17% |
12,765,074
-60,828
| -0.5% | -$3.18M |
|
139
Goldman Sachs
GS
$305B
| $716M | 0.17% |
4,559,209
+168,043
| +4% | +$26M |
|
140
Accenture
ACN
$109B
| $714M | 0.17% |
6,183,119
+116,572
| +2% | +$12M |
|
141
General Mills
GIS
$20.1B
| $709M | 0.17% |
11,195,812
+4,337,047
| +63% | +$252M |
|
142
DuPont de Nemours
DD
$19.5B
| $709M | 0.17% |
5,504,757
+283,535
| +5% | +$34M |
|
143
American Tower
AMT
$79.1B
| $707M | 0.17% |
6,910,933
-205,136
| -3% | -$19.2M |
|
144
Lumen
LUMN
$6.59B
| $703M | 0.17% |
21,997,355
+2,663,333
| +14% | +$74.7M |
|
145
iShares Core MSCI EAFE ETF
IEFA
$196B
| $698M | 0.17% |
13,138,168
-453,614
| -3% | -$23.1M |
|
146
General Motors
GM
$77.6B
| $698M | 0.17% |
22,212,299
+1,383,186
| +7% | +$41.6M |
|
147
Yum! Brands
YUM
$39.9B
| $697M | 0.17% |
11,840,657
+171,811
| +1% | +$9.01M |
|
148
Hasbro
HAS
$13.6B
| $679M | 0.17% |
8,475,821
+392,381
| +5% | +$29.2M |
|
149
FedEx
FDX
$76.9B
| $675M | 0.16% |
4,147,816
-21,987
| -0.5% | -$3.06M |
|
150
Viatris
VTRS
$18.6B
| $670M | 0.16% |
14,461,333
+8,826,093
| +157% | +$426M |
|
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.