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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$5.43B |
| 2 |
iShares MSCI EAFE ETF
EFA
|
+$3.53B |
| 3 |
Vanguard Intermediate-Term Bond ETF
BIV
|
+$3.1B |
| 4 |
Vanguard Morningstar Value ETF
VTV
|
+$2.85B |
| 5 |
iShares MBS ETF
MBB
|
+$2.82B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
RAI
Reynolds American Inc
RAI
|
+$1.22B |
| 2 |
Air Products & Chemicals
APD
|
+$736M |
| 3 |
DD
Du Pont De Nemours E I
DD
|
+$669M |
| 4 |
Mondelez International
MDLZ
|
+$430M |
| 5 |
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
|
+$333M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.77% |
| 2 | Financials | 8.35% |
| 3 | Healthcare | 7.63% |
| 4 | Industrials | 7.08% |
| 5 | Consumer Staples | 5.48% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1951
PUT
Ally Financial
ALLY
$13.7B
| $18.4M | ﹤0.01% |
760,000
-1,900,000
| -71% | -$42.4M |
|
|
MMD
1952
MainStay MacKay DefinedTerm Municipal Opportunities Fund
MMD
$282M
| $18.4M | ﹤0.01% |
918,542
-14,407
| -2% | -$289K |
|
1953
Home BancShares
HOMB
$6.28B
| $18.4M | ﹤0.01% |
730,904
+226,515
| +45% | +$5.44M |
|
|
CLVS
1954
CALL
DELISTED
Clovis Oncology, Inc.
CLVS
| $18.4M | ﹤0.01% |
223,300
+62,500
| +39% | +$4.95M |
|
1955
KBR
KBR
$4.84B
| $18.4M | ﹤0.01% |
1,028,029
-419,928
| -29% | -$6.79M |
|
1956
Janus Henderson Short Duration Income ETF
VNLA
$3.36B
| $18.4M | ﹤0.01% |
364,722
+178,205
| +96% | +$8.96M |
|
|
NBLX
1957
DELISTED
Noble Midstream Partners LP
NBLX
| $18.3M | ﹤0.01% |
353,718
+131,940
| +59% | +$6.13M |
|
1958
PUT
APA Corp
APA
$14.2B
| $18.3M | ﹤0.01% |
+400,000
| New | +$17.6M |
|
1959
Turkcell
TKC
$4.75B
| $18.3M | ﹤0.01% |
2,074,559
+708,224
| +52% | +$6.34M |
|
1960
CALL
VanEck Oil Services ETF
OIH
$2B
| $18.2M | ﹤0.01% |
35,000
-7,500
| -18% | -$3.61M |
|
1961
Apogee Enterprises
APOG
$889M
| $18.2M | ﹤0.01% |
377,940
+41,317
| +12% | +$2.03M |
|
1962
Commerce Bancshares
CBSH
$8.64B
| $18.2M | ﹤0.01% |
487,797
+59,824
| +14% | +$2.17M |
|
1963
iShares Global Consumer Staples ETF
KXI
$1.07B
| $18.1M | ﹤0.01% |
355,920
-25,426
| -7% | -$1.31M |
|
1964
PUT
Synchrony
SYF
$26.4B
| $18.1M | ﹤0.01% |
582,700
+272,700
| +88% | +$8.16M |
|
1965
Zurn Elkay Water Solutions
ZWS
$8.45B
| $18M | ﹤0.01% |
1,471,647
+282,965
| +24% | +$3.28M |
|
1966
Invesco MSCI Global Timber ETF
CUT
$33.4M
| $18M | ﹤0.01% |
597,309
-12,801
| -2% | -$372K |
|
|
ZEN
1967
DELISTED
ZENDESK INC
ZEN
| $17.9M | ﹤0.01% |
615,848
+231,988
| +60% | +$6.51M |
|
|
VSM
1968
CALL
DELISTED
Versum Materials, Inc.
VSM
| $17.9M | ﹤0.01% |
461,700
+216,000
| +88% | +$7.73M |
|
1969
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$310M
| $17.9M | ﹤0.01% |
502,835
-31,613
| -6% | -$1.12M |
|
1970
First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund
MDIV
$433M
| $17.8M | ﹤0.01% |
930,257
-8,678
| -0.9% | -$167K |
|
1971
Hilltop Holdings
HTH
$2.27B
| $17.8M | ﹤0.01% |
685,538
+243,469
| +55% | +$6.11M |
|
|
MAGN
1972
Magnera Corp
MAGN
$444M
| $17.8M | ﹤0.01% |
70,469
+6,612
| +10% | +$1.58M |
|
1973
Puma Biotechnology
PBYI
$456M
| $17.8M | ﹤0.01% |
148,313
-255
| -0.2% | -$23.7K |
|
1974
Adtran
ADTN
$684M
| $17.7M | ﹤0.01% |
739,112
+283,429
| +62% | +$6.27M |
|
1975
Xerox
XRX
$407M
| $17.7M | ﹤0.01% |
532,864
-224,413
| -30% | -$7.06M |
|
Similar funds
Bank of America's Q3 2017 Portfolio in Review
As of Q3 2017, Bank of America held 7,625 positions worth $630B, up 25% from $503B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Bank of America deployed $105B of net new capital in Q3 2017, opening 548 new positions and adding to 3,951 existing holdings. Its largest new stake was Baker Hughes: 1,368,107 shares worth $50.1M.
By sector, the portfolio is most concentrated in Technology at 8.8% of assets, up from 8.5% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was Air Products & Chemicals, an estimated $736M trimmed.
- Bank of America's largest Q3 2017 buy was Baker Hughes: 1,368,107 shares worth $50.1M.
- Bank of America added most to State Street SPDR S&P 500 ETF Trust in Q3 2017, an estimated $5.43B increase.
- Bank of America's biggest Q3 2017 reduction was Air Products & Chemicals, cutting an estimated $736M.
- Bank of America fully exited Reynolds American Inc in Q3 2017, selling an estimated $1.22B.
- Bank of America's ten largest holdings make up 12% of its $630B portfolio in Q3 2017.
- Bank of America opened 548 new positions and closed 407 in Q3 2017.
- Bank of America's portfolio value rose 25% quarter-over-quarter to $630B.
Based on Bank of America's 13F filing for Q3 2017, filed 14 Nov 2017.