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 | |
|---|---|---|---|---|---|---|
151
Nike
NKE
$61.3B
| $406M | 0.15% |
10,983,060
-1,441,684
| -12% | -$54.5M |
|
|
HES
152
DELISTED
Hess
HES
| $404M | 0.15% |
4,870,746
+627,305
| +15% | +$49.9M |
|
153
Blackrock
BLK
$178B
| $401M | 0.15% |
1,275,025
+23,864
| +2% | +$7.29M |
|
154
Eli Lilly
LLY
$1.08T
| $401M | 0.15% |
6,805,550
-69,367
| -1% | -$3.87M |
|
155
PUT
iShares 20+ Year Treasury Bond ETF
TLT
$40.6B
| $399M | 0.15% |
3,652,700
+2,461,300
| +207% | +$263M |
|
156
Vanguard Morningstar Mid-Cap ETF
VO
$109B
| $395M | 0.15% |
13,899,876
+1,238,912
| +10% | +$34.4M |
|
157
Baxter International
BAX
$14.3B
| $394M | 0.15% |
9,859,650
-964,241
| -9% | -$36M |
|
158
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$48.2B
| $392M | 0.15% |
2,387,768
-182,927
| -7% | -$29.6M |
|
159
ConocoPhillips
COP
$151B
| $374M | 0.14% |
5,311,337
-413,779
| -7% | -$27.7M |
|
160
Salesforce
CRM
$162B
| $374M | 0.14% |
6,543,634
-897,934
| -12% | -$53.7M |
|
161
Bank of America
BAC
$448B
| $373M | 0.14% |
21,698,888
-1,458,490
| -6% | -$24.5M |
|
162
iShares S&P 500 Growth ETF
IVW
$76.9B
| $363M | 0.13% |
14,539,752
+86,444
| +0.6% | +$2.14M |
|
|
163
Invesco QQQ Trust
QQQ
$478B
| $363M | 0.13% |
4,139,471
-8,257,570
| -67% | -$730M |
|
164
Diageo
DEO
$52.8B
| $362M | 0.13% |
2,907,401
+157,554
| +6% | +$19.6M |
|
165
iShares Floating Rate Bond ETF
FLOT
$10.5B
| $361M | 0.13% |
7,124,516
+366,715
| +5% | +$18.6M |
|
166
Toronto Dominion Bank
TD
$201B
| $360M | 0.13% |
7,663,879
+442,937
| +6% | +$20M |
|
|
CHK
167
DELISTED
Chesapeake Energy Corporation
CHK
| $359M | 0.13% |
74,036
-15,272
| -17% | -$74.4M |
|
168
Vanguard Short-Term Corporate Bond ETF
VCSH
$45B
| $357M | 0.13% |
4,459,506
+284,934
| +7% | +$22.8M |
|
169
CALL
JPMorgan Chase
JPM
$962B
| $354M | 0.13% |
5,832,600
-2,279,100
| -28% | -$132M |
|
170
Valero Energy
VLO
$93.3B
| $352M | 0.13% |
6,633,284
-976,989
| -13% | -$50M |
|
171
American Electric Power
AEP
$67.3B
| $350M | 0.13% |
6,915,100
+465,790
| +7% | +$22.6M |
|
|
COV
172
DELISTED
COVIDIEN PLC COM SHS NEW (IRELAND)
COV
| $349M | 0.13% |
4,731,672
+337,968
| +8% | +$23.6M |
|
173
Accenture
ACN
$110B
| $347M | 0.13% |
4,358,574
-654,204
| -13% | -$53.7M |
|
174
Amgen
AMGN
$224B
| $346M | 0.13% |
2,809,180
-9,277
| -0.3% | -$1.13M |
|
175
Cemex
CX
$16.1B
| $341M | 0.13% |
31,614,737
+11,631,500
| +58% | +$125M |
|
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.