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 |
iShares Core S&P 500 ETF
IVV
|
+$4.87B |
| 2 |
iShares Core MSCI EAFE ETF
IEFA
|
+$2.25B |
| 3 |
Vanguard S&P 500 ETF
VOO
|
+$739M |
| 4 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$649M |
| 5 |
iShares MBS ETF
MBB
|
+$582M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Morningstar Growth ETF
VUG
|
+$1.61B |
| 2 |
iShares Russell 1000 Growth ETF
IWF
|
+$991M |
| 3 |
Apple
AAPL
|
+$848M |
| 4 |
JPMorgan Chase
JPM
|
+$625M |
| 5 |
Pinduoduo
PDD
|
+$609M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 12.05% |
| 2 | Healthcare | 7.69% |
| 3 | Financials | 6.66% |
| 4 | Consumer Discretionary | 6.19% |
| 5 | Industrials | 5.58% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
126
Automatic Data Processing
ADP
$107B
| $1.33B | 0.18% |
9,515,651
-411,633
| -4% | -$57.7M |
|
127
Mondelez International
MDLZ
$79.4B
| $1.28B | 0.17% |
22,328,196
-347,212
| -2% | -$19.3M |
|
128
Netflix
NFLX
$309B
| $1.26B | 0.17% |
25,252,190
+1,591,150
| +7% | +$79.2M |
|
129
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.9B
| $1.25B | 0.17% |
14,897,694
-2,221,692
| -13% | -$187M |
|
130
VanEck Gold Miners ETF
GDX
$27.8B
| $1.22B | 0.17% |
31,027,947
+1,449,788
| +5% | +$59.1M |
|
131
Emerson Electric
EMR
$91.4B
| $1.21B | 0.16% |
18,472,968
+4,021,511
| +28% | +$265M |
|
132
Oracle
ORCL
$442B
| $1.2B | 0.16% |
20,068,232
+1,128,816
| +6% | +$64.1M |
|
133
Vanguard Industrials ETF
VIS
$8.5B
| $1.19B | 0.16% |
8,204,786
-910,725
| -10% | -$128M |
|
134
Prologis
PLD
$134B
| $1.19B | 0.16% |
11,786,106
+1,478,885
| +14% | +$148M |
|
135
Vanguard Morningstar Small-Cap Growth ETF
VBK
$24.8B
| $1.17B | 0.16% |
5,440,201
-410,804
| -7% | -$86.8M |
|
136
Philip Morris
PM
$290B
| $1.14B | 0.16% |
15,252,317
-145,075
| -0.9% | -$11.2M |
|
137
ExxonMobil
XOM
$657B
| $1.12B | 0.15% |
32,538,902
-1,886,009
| -5% | -$77.1M |
|
138
Norfolk Southern
NSC
$75.3B
| $1.09B | 0.15% |
5,089,380
-441,674
| -8% | -$88.7M |
|
139
Vanguard Consumer Staples ETF
VDC
$7.96B
| $1.07B | 0.15% |
6,544,636
-493,496
| -7% | -$79.5M |
|
140
TJX Companies
TJX
$169B
| $1.05B | 0.14% |
18,934,138
-85,552
| -0.4% | -$4.61M |
|
141
IBM
IBM
$222B
| $1.04B | 0.14% |
8,981,501
+410,721
| +5% | +$48.4M |
|
142
iShares S&P 500 Growth ETF
IVW
$77.3B
| $1.04B | 0.14% |
18,027,252
-1,665,640
| -8% | -$94.3M |
|
143
Schwab Short-Term US Treasury ETF
SCHO
$12.9B
| $1.04B | 0.14% |
40,407,348
+4,650,716
| +13% | +$120M |
|
144
Ball Corp
BALL
$16.4B
| $1.01B | 0.14% |
12,165,969
+968,916
| +9% | +$74.5M |
|
145
Deere & Co
DE
$167B
| $991M | 0.13% |
4,471,255
+335,580
| +8% | +$64.8M |
|
146
Elevance Health
ELV
$86.6B
| $981M | 0.13% |
3,651,203
+77,163
| +2% | +$20.8M |
|
147
Northrop Grumman
NOC
$82B
| $971M | 0.13% |
3,076,442
+182,851
| +6% | +$59.6M |
|
148
iShares Broad USD Investment Grade Corporate Bond ETF
USIG
$17.3B
| $968M | 0.13% |
15,926,495
+1,924,134
| +14% | +$118M |
|
149
Ecolab
ECL
$78.1B
| $961M | 0.13% |
4,808,583
+524,562
| +12% | +$105M |
|
150
iShares S&P 100 ETF
OEF
$20.4B
| $959M | 0.13% |
6,157,640
-570,097
| -8% | -$87.7M |
|
Similar funds
Bank of America's Q3 2020 Portfolio in Review
As of Q3 2020, Bank of America held 7,468 positions worth $734B, up 12% from $657B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Bank of America deployed $27.5B of net new capital in Q3 2020, opening 466 new positions and adding to 2,869 existing holdings. Its largest new stake was Li Auto: 4,647,324 shares worth $80.8M.
By sector, the portfolio is most concentrated in Technology at 12% of assets, down from 12% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was Vanguard Morningstar Growth ETF, an estimated $1.61B trimmed.
- Bank of America's largest Q3 2020 buy was Li Auto: 4,647,324 shares worth $80.8M.
- Bank of America added most to iShares Core S&P 500 ETF in Q3 2020, an estimated $4.87B increase.
- Bank of America's biggest Q3 2020 reduction was Vanguard Morningstar Growth ETF, cutting an estimated $1.61B.
- Bank of America fully exited Legg Mason, Inc. in Q3 2020, selling an estimated $125M.
- Bank of America's ten largest holdings make up 17% of its $734B portfolio in Q3 2020.
- Bank of America opened 466 new positions and closed 373 in Q3 2020.
- Bank of America's portfolio value rose 12% quarter-over-quarter to $734B.
Based on Bank of America's 13F filing for Q3 2020, filed 13 Nov 2020.