Bank of America Boosts GE and 3M Quarterly Stock Positions

Wall St. Watchdog reveals information regarding Bank of America Corp.’s top holdings in the Conglomerates sector for the quarter ending September 30th, 2011. The firm held 27 stocks in the Conglomerates sector at the end of the quarter with an aggregate market value of $3.057 billion.

  • General Electric Co. (NYSE:GE): On 06/30/2011, Bank of America Corp. reported holding 67,996,744 shares with a market value of $1,282,418,633. This comprised 0.86% of the total portfolio. On 09/30/2011, Bank of America Corp. reported holding 79,138,159 shares with a market value of $1,204,482,801. This comprised 0.76% of the total portfolio. The net change in shares for this position over the two quarters is 11,141,415. About Company: General Electric Company is a diversified technology, media and financial services company. The Company offers products and services ranging from aircraft engines, power generation, and water processing technology to medical imaging, business and consumer financing, media content and industrial products. General Electric conducts operations globally.
  • United Technologies Corp. (NYSE:UTX): On 06/30/2011, Bank of America Corp. reported holding 12,284,905 shares with a market value of $1,087,336,968. This comprised 0.73% of the total portfolio. On 09/30/2011, Bank of America Corp. reported holding 12,640,883 shares with a market value of $889,412,536. This comprised 0.56% of the total portfolio. The net change in shares for this position over the two quarters is 355,978. About Company: United Technologies Corporation provides technology products and support services to customers in the aerospace and building industries worldwide. The Company’s products include aircraft engines, elevators and escalators, heating and air conditioning equipment, helicopters, aerospace systems, fuel cell systems, and fire and safety equipment.
  • 3m Co. (NYSE:MMM): On 06/30/2011, Bank of America Corp. reported holding 6,223,510 shares with a market value of $590,299,914. This comprised 0.4% of the total portfolio. On 09/30/2011, Bank of America Corp. reported holding 6,268,417 shares with a market value of $450,009,662. This comprised 0.28% of the total portfolio. The net change in shares for this position over the two quarters is 44,907. About Company: 3M Co. conducts operations in electronics, telecommunications, industrial, consumer and office, health care, safety, and other markets. The Company’s businesses share technologies, manufacturing operations, brands, marketing channels, and other resources. 3M serves customers in countries located around the world.
  • Danaher Corp. (NYSE:DHR): On 06/30/2011, Bank of America Corp. reported holding 3,208,905 shares with a market value of $170,039,881. This comprised 0.11% of the total portfolio. On 09/30/2011, Bank of America Corp. reported holding 5,886,354 shares with a market value of $246,873,679. This comprised 0.15% of the total portfolio. The net change in shares for this position over the two quarters is 2,677,449. About Company: Danaher Corporation designs, manufactures, and markets professional instrumentation, medical technologies, industrial technologies, and tools and components.
  • Clorox Corporation (NYSE:CLX): On 06/30/2011, Bank of America Corp. reported holding 1,648,788 shares with a market value of $111,194,267. This comprised 0.07% of the total portfolio. On 09/30/2011, Bank of America Corp. reported holding 2,988,002 shares with a market value of $198,194,178. This comprised 0.12% of the total portfolio. The net change in shares for this position over the two quarters is 1,339,214. About Company: The Clorox Company produces and markets non-durable consumer products sold primarily through grocery and other retail stores. The Company’s principal products include household cleaning and bleach products, charcoal, cat litter, automotive care products, dressings, and trash bags. Clorox markets its products in the United States and other countries around the world.
  • Ppg Industries Inc. (NYSE:PPG): On 06/30/2011, Bank of America Corp. reported holding 628,935 shares with a market value of $57,101,009. This comprised 0.04% of the total portfolio. On 09/30/2011, Bank of America Corp. reported holding 607,464 shares with a market value of $42,923,408. This comprised 0.03% of the total portfolio. The net change in shares for this position over the two quarters is -21,471. About Company: PPG Industries, Inc. supplies products for the manufacturing, construction, automotive, chemical processing, and other industries worldwide. The Company makes protective and decorative coatings, flat glass, fabricated glass products, continuous-strand fiber glass products, and industrial and specialty chemicals.
  • Textron Inc. (NYSE:TXT): On 06/30/2011, Bank of America Corp. reported holding 846,684 shares with a market value of $19,990,210. This comprised 0.01% of the total portfolio. On 09/30/2011, Bank of America Corp. reported holding 584,861 shares with a market value of $10,316,948. This comprised 0.01% of the total portfolio. The net change in shares for this position over the two quarters is -261,823. About Company: Textron Inc. is a global, multi-industry company with operations in aircraft, defense, industrial products, and finance. The Company’s products include airplanes, helicopters, weapons, and automotive products. Textron’s finance division offers asset based lending, aviation, distribution, golf, and resort finance, as well as structured capital.
  • Cooper Industries Plc (NYSE:CBE): On 06/30/2011, Bank of America Corp. reported holding 400,073 shares with a market value of $23,872,355. This comprised 0.02% of the total portfolio. On 09/30/2011, Bank of America Corp. reported holding 160,676 shares with a market value of $7,410,377. This comprised 0% of the total portfolio. The net change in shares for this position over the two quarters is -239,397. About Company: Cooper Industries PLC is a global, diversified electrical products and tools manufacturer. The Company’s products include electrical distribution equipment, wiring devices, support systems, hazardous duty electrical equipment, lighting fixtures, emergency lighting, fuses, nonpower hand tools and industrial power tools.
  • Crane Co. (NYSE:CR): On 06/30/2011, Bank of America Corp. reported holding 95,810 shares with a market value of $4,733,972. This comprised 0% of the total portfolio. On 09/30/2011, Bank of America Corp. reported holding 181,696 shares with a market value of $6,484,730. This comprised 0% of the total portfolio. The net change in shares for this position over the two quarters is 85,886. About Company: Crane Co. manufactures engineered industrial products. The Company’s products include vending machines, airplane braking devices, pumps, valves, and other industrial goods. Crane serves the aerospace manufacturing, power generation, hydrocarbon processing, commercial and residential building, plumbing, and food and beverage production industries.
  • General Electric Co. (NYSE:GE): On 06/30/2011, Bank of America Corp. reported holding 5,744,603 shares with a market value of $108,344. This comprised 0% of the total portfolio. On 09/30/2011, Bank of America Corp. reported holding 20,357,400 shares with a market value of $309,839. This comprised 0% of the total portfolio. The net change in shares for this position over the two quarters is 14,612,797. About Company: General Electric Company is a diversified technology, media and financial services company. The Company offers products and services ranging from aircraft engines, power generation, and water processing technology to medical imaging, business and consumer financing, media content and industrial products. General Electric conducts operations globally.

(Note: Data regarding Bank of America Corp.’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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