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 | 8.75% |
| 2 | Technology | 8.07% |
| 3 | Industrials | 7.51% |
| 4 | Financials | 7.43% |
| 5 | Consumer Staples | 7.09% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2076
Cohen & Steers REIT and Preferred and Income Fund
RNP
$986M
| $10.8M | ﹤0.01% |
569,851
-56,727
| -9% | -$1M |
|
2077
Radian Group
RDN
$4.96B
| $10.8M | ﹤0.01% |
869,104
+106,730
| +14% | +$1.21M |
|
|
CLGX
2078
DELISTED
Corelogic, Inc.
CLGX
| $10.8M | ﹤0.01% |
309,802
+156,119
| +102% | +$5.31M |
|
2079
Invesco S&P Global Water Index ETF
CGW
$1.06B
| $10.7M | ﹤0.01% |
381,301
-32,890
| -8% | -$872K |
|
|
AWF
2080
AllianceBernstein Global High Income Fund
AWF
$874M
| $10.7M | ﹤0.01% |
918,321
+334,117
| +57% | +$3.67M |
|
|
GLQ
2081
Clough Global Equity Fund
GLQ
$156M
| $10.7M | ﹤0.01% |
982,745
-404,564
| -29% | -$4.38M |
|
|
PPS
2082
DELISTED
Post Properties
PPS
| $10.7M | ﹤0.01% |
178,903
-118,478
| -40% | -$6.76M |
|
2083
CALL
FMC
FMC
$1.29B
| $10.7M | ﹤0.01% |
304,392
-77,020
| -20% | -$2.5M |
|
2084
Spectrum Brands
SPB
$2.06B
| $10.6M | ﹤0.01% |
97,435
+24,973
| +34% | +$2.46M |
|
2085
BlackRock Enhanced Equity Dividend Trust
BDJ
$1.75B
| $10.6M | ﹤0.01% |
1,409,541
+200,985
| +17% | +$1.44M |
|
|
HES
2086
PUT
DELISTED
Hess
HES
| $10.6M | ﹤0.01% |
201,800
+131,800
| +188% | +$5.83M |
|
|
BSFT
2087
DELISTED
BroadSoft, Inc.
BSFT
| $10.6M | ﹤0.01% |
262,988
+148,384
| +129% | +$5.03M |
|
|
LPT
2088
DELISTED
Liberty Property Trust
LPT
| $10.6M | ﹤0.01% |
316,771
-83,840
| -21% | -$2.52M |
|
|
MRO
2089
PUT
DELISTED
Marathon Oil Corporation
MRO
| $10.6M | ﹤0.01% |
+950,700
| New | +$8.88M |
|
|
TCF
2090
DELISTED
TCF Financial Corporation
TCF
| $10.6M | ﹤0.01% |
863,548
+395,576
| +85% | +$4.75M |
|
2091
iShares Mortgage Real Estate ETF
REM
$548M
| $10.6M | ﹤0.01% |
273,396
+30,756
| +13% | +$1.13M |
|
|
PFPT
2092
DELISTED
Proofpoint, Inc.
PFPT
| $10.6M | ﹤0.01% |
196,375
-21,003
| -10% | -$1.07M |
|
2093
T-Mobile US
TMUS
$196B
| $10.6M | ﹤0.01% |
275,667
-84,303
| -23% | -$3.18M |
|
|
TLP
2094
DELISTED
Transmontaigne
TLP
| $10.6M | ﹤0.01% |
287,945
-38,215
| -12% | -$1.23M |
|
2095
MDU Resources
MDU
$4.35B
| $10.5M | ﹤0.01% |
1,423,031
+143,303
| +11% | +$966K |
|
2096
Gentex
GNTX
$4.99B
| $10.5M | ﹤0.01% |
671,087
-792,224
| -54% | -$11.5M |
|
2097
PUT
State Street SPDR S&P Biotech ETF
XBI
$10.2B
| $10.5M | ﹤0.01% |
203,400
+33,500
| +20% | +$1.74M |
|
|
EVV
2098
Eaton Vance Limited Duration Income Fund
EVV
$1.07B
| $10.5M | ﹤0.01% |
795,596
+187,973
| +31% | +$2.34M |
|
2099
Group 1 Automotive
GPI
$3.11B
| $10.5M | ﹤0.01% |
178,652
-23,129
| -11% | -$1.32M |
|
2100
iShares US Regional Banks ETF
IAT
$693M
| $10.5M | ﹤0.01% |
329,457
+24,269
| +8% | +$757K |
|
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 8.7% of assets, down from 8.8% 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.