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 | |
|---|---|---|---|---|---|---|
|
DO
1476
DELISTED
Diamond Offshore Drilling
DO
| $22.4M | 0.01% |
1,032,304
+50,629
| +5% | +$998K |
|
1477
iShares US Pharmaceuticals ETF
IHE
$1.65B
| $22.4M | 0.01% |
490,770
-222,123
| -31% | -$10.4M |
|
|
ATCO
1478
DELISTED
Atlas Corp.
ATCO
| $22.4M | 0.01% |
1,220,596
-21,886
| -2% | -$366K |
|
1479
PUT
MetLife
MET
$61.9B
| $22.4M | 0.01% |
570,761
-53,183
| -9% | -$1.99M |
|
1480
Bio-Techne
TECH
$11.2B
| $22.3M | 0.01% |
942,748
+26,388
| +3% | +$581K |
|
1481
Patterson-UTI
PTEN
$4.16B
| $22.3M | 0.01% |
1,263,520
-15,521
| -1% | -$231K |
|
1482
United States Oil Fund
USO
$1.77B
| $22.3M | 0.01% |
286,901
-26,142
| -8% | -$1.95M |
|
1483
World Kinect Corp
WKC
$1.9B
| $22.2M | 0.01% |
457,472
+10,178
| +2% | +$437K |
|
1484
Lamar Advertising Co
LAMR
$15.8B
| $22.2M | 0.01% |
360,854
+9,784
| +3% | +$558K |
|
1485
PUT
Eli Lilly
LLY
$1.08T
| $22.2M | 0.01% |
307,900
-173,600
| -36% | -$13.1M |
|
|
AL
1486
DELISTED
Air Lease Corp
AL
| $22.2M | 0.01% |
689,857
+98,418
| +17% | +$2.79M |
|
1487
First Trust NYSE Arca Biotechnology Index Fund
FBT
$2.78B
| $22.2M | 0.01% |
252,979
-635,439
| -72% | -$56M |
|
1488
BWX Technologies
BWXT
$15.6B
| $22.1M | 0.01% |
659,275
+132,032
| +25% | +$4.08M |
|
|
PPLI
1489
People Inc
PPLI
$3.01B
| $22.1M | 0.01% |
2,624,655
-943,783
| -26% | -$8.12M |
|
|
SWN
1490
DELISTED
Southwestern Energy Company
SWN
| $22.1M | 0.01% |
2,735,355
-411,350
| -13% | -$3.15M |
|
|
FEIC
1491
DELISTED
FEI COMPANY
FEIC
| $22M | 0.01% |
247,702
+1,966
| +0.8% | +$152K |
|
1492
Steris
STE
$23B
| $22M | 0.01% |
310,153
-297,520
| -49% | -$20.1M |
|
|
NUAN
1493
DELISTED
Nuance Communications, Inc.
NUAN
| $22M | 0.01% |
1,361,437
+53,562
| +4% | +$865K |
|
|
FLIR
1494
DELISTED
FLIR Systems, Inc. (DE) Common Stock
FLIR
| $22M | 0.01% |
668,308
-107,842
| -14% | -$3.33M |
|
1495
Schwab US Aggregate Bond ETF
SCHZ
$10.6B
| $21.9M | 0.01% |
829,784
+41,858
| +5% | +$1.09M |
|
|
JOY
1496
DELISTED
Joy Global Inc
JOY
| $21.9M | 0.01% |
1,362,320
+172,465
| +14% | +$2.17M |
|
1497
CNA Financial
CNA
$13.8B
| $21.8M | 0.01% |
678,417
+102,142
| +18% | +$3.22M |
|
1498
PUT
VanEck Gold Miners ETF
GDX
$26.9B
| $21.8M | 0.01% |
1,092,898
-123,502
| -10% | -$2.13M |
|
|
ULQ
1499
DELISTED
CLAYMORE US CAPITAL MARKETS MICRO-TERM FIXED INCOME ETF
ULQ
| $21.8M | 0.01% |
437,605
+98,992
| +29% | +$4.94M |
|
1500
Nuveen Taxable Municipal Income Fund
NBB
$456M
| $21.8M | 0.01% |
1,008,166
+133,246
| +15% | +$2.78M |
|
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.