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 | |
|---|---|---|---|---|---|---|
|
DD
176
DELISTED
Du Pont De Nemours E I
DD
| $563M | 0.14% |
8,894,984
+216,523
| +2% | +$13M |
|
177
Norfolk Southern
NSC
$74.9B
| $562M | 0.14% |
6,744,821
+390,478
| +6% | +$29.5M |
|
178
Parker-Hannifin
PH
$135B
| $559M | 0.14% |
5,028,188
-225,910
| -4% | -$22.7M |
|
|
179
Paychex
PAYX
$42.3B
| $552M | 0.13% |
10,214,873
-10,640,575
| -51% | -$536M |
|
180
PUT
iShares MSCI Emerging Markets ETF
EEM
$30.4B
| $550M | 0.13% |
16,064,467
-2,679,233
| -14% | -$83M |
|
181
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$27.1B
| $549M | 0.13% |
2,090,710
-378,999
| -15% | -$92.3M |
|
|
SHPG
182
DELISTED
Shire pic
SHPG
| $543M | 0.13% |
3,160,950
+2,848,107
| +910% | +$477M |
|
183
Texas Instruments
TXN
$258B
| $537M | 0.13% |
9,359,995
+458,010
| +5% | +$24.3M |
|
184
Vanguard Consumer Staples ETF
VDC
$7.91B
| $535M | 0.13% |
3,951,321
-145,755
| -4% | -$18.8M |
|
|
TIF
185
DELISTED
Tiffany & Co.
TIF
| $533M | 0.13% |
7,261,340
+5,733,781
| +375% | +$385M |
|
186
Mastercard
MA
$488B
| $520M | 0.13% |
5,503,508
-1,037,600
| -16% | -$91.7M |
|
187
iShares Preferred and Income Securities ETF
PFF
$13.2B
| $518M | 0.13% |
13,274,594
-126,631
| -0.9% | -$4.84M |
|
188
NXP Semiconductors
NXPI
$60.1B
| $501M | 0.12% |
6,183,061
-380,819
| -6% | -$28.4M |
|
189
Biogen
BIIB
$30.1B
| $501M | 0.12% |
1,925,188
+338,245
| +21% | +$89.3M |
|
190
Alibaba
BABA
$298B
| $501M | 0.12% |
6,337,883
-771,736
| -11% | -$54.3M |
|
191
AB InBev
BUD
$157B
| $500M | 0.12% |
4,014,658
-760,200
| -16% | -$90.2M |
|
192
iShares Russell 1000 ETF
IWB
$50.1B
| $500M | 0.12% |
4,383,401
-556,148
| -11% | -$60.1M |
|
193
PUT
iShares MSCI EAFE ETF
EFA
$80.3B
| $492M | 0.12% |
8,612,800
+1,220,100
| +17% | +$67.2M |
|
194
State Street Technology Select Sector SPDR ETF
XLK
$124B
| $487M | 0.12% |
21,970,322
-3,370,372
| -13% | -$69.6M |
|
195
Cardinal Health
CAH
$55.2B
| $482M | 0.12% |
5,880,113
-200,432
| -3% | -$16.3M |
|
|
196
ConocoPhillips
COP
$151B
| $470M | 0.11% |
11,680,378
-17,067,563
| -59% | -$649M |
|
197
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$7.31B
| $469M | 0.11% |
4,562,265
+167,296
| +4% | +$16.7M |
|
198
PNC Financial Services
PNC
$101B
| $468M | 0.11% |
5,528,261
-257,710
| -4% | -$21.9M |
|
|
CA
199
DELISTED
CA, Inc.
CA
| $462M | 0.11% |
14,996,736
+1,582,525
| +12% | +$45.4M |
|
200
iShares MSCI Japan ETF
EWJ
$23.1B
| $460M | 0.11% |
10,069,726
+3,488,870
| +53% | +$157M |
|
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.