Bank of America Corp.’s Heaviest Utilities Stock Positions in Q3: AWK, AEP, SO, CMS

Wall St. Watchdog reveals information regarding Bank of America Corp.’s top holdings in the Utilities sector for the quarter ending September 30th, 2011. The firm held 151 stocks in the Utilities sector at the end of the quarter with an aggregate market value of $3.169 billion.

  • American Water Works Company Inc. (NYSE:AWK): On 06/30/2011, Bank of America Corp. reported holding 4,609,992 shares with a market value of $135,764,268. This comprised 0.09% of the total portfolio. On 09/30/2011, Bank of America Corp. reported holding 10,711,310 shares with a market value of $323,267,339. This comprised 0.2% of the total portfolio. The net change in shares for this position over the two quarters is 6,101,318. About Company: American Water Works Co., Inc. provides drinking water, wastewater and other water-related services in multiple states and Ontario, Canada. The Company’s primary business involves the ownership of regulated water and wastewater utilities that provide water and wastewater services to residential, commercial and industrial customers.
  • American Electric Power Co. Inc. (NYSE:AEP): On 06/30/2011, Bank of America Corp. reported holding 2,927,933 shares with a market value of $110,324,516. This comprised 0.07% of the total portfolio. On 09/30/2011, Bank of America Corp. reported holding 6,628,996 shares with a market value of $252,034,431. This comprised 0.16% of the total portfolio. The net change in shares for this position over the two quarters is 3,701,063. About Company: American Electric Power Company, Inc.(NYSE:AEP)is a public utility holding company. The Company provides electric service, consisting of generation, transmission and distribution, on an integrated basis to their retail customers. AEP serves portions of the states of Arkansas, Indiana, Kentucky, Louisiana, Michigan, Ohio, Oklahoma, Tennessee, Texas, Virginia and West Virginia.
  • Southern Company (NYSE:SO): On 06/30/2011, Bank of America Corp. reported holding 4,917,224 shares with a market value of $198,557,510. This comprised 0.13% of the total portfolio. On 09/30/2011, Bank of America Corp. reported holding 5,466,444 shares with a market value of $231,613,226. This comprised 0.15% of the total portfolio. The net change in shares for this position over the two quarters is 549,220. About Company: Southern Company is a public utility holding company. The Company, through its subsidiaries, generates, wholesales, and retails electricity in the southeastern United States. The Company also offers wireless telecommunications services, and provides businesses with two-way radio, telephone, paging, and Internet access services as well as wholesales fiber optic solutions.
  • Cms Energy Corp. (NYSE:CMS): On 06/30/2011, Bank of America Corp. reported holding 3,011,775 shares with a market value of $59,301,851. This comprised 0.04% of the total portfolio. On 09/30/2011, Bank of America Corp. reported holding 7,960,142 shares with a market value of $157,531,217. This comprised 0.1% of the total portfolio. The net change in shares for this position over the two quarters is 4,948,367. About Company: CMS Energy Corporation is an energy company operating primarily in Michigan. The Company, through its subsidiaries provides electricity and/or natural gas to its customers in Michigan. CMS Energy also invests in and operates non-utility power generation plants in the United States and abroad.
  • Consolidated Edison Inc. (NYSE:ED): On 06/30/2011, Bank of America Corp. reported holding 1,419,273 shares with a market value of $75,562,097. This comprised 0.05% of the total portfolio. On 09/30/2011, Bank of America Corp. reported holding 2,518,908 shares with a market value of $143,628,135. This comprised 0.09% of the total portfolio. The net change in shares for this position over the two quarters is 1,099,635. About Company: Consolidated Edison, Inc., through its subsidiaries, provides a variety of energy related products and services. The Company supplies electric service in New York, parts of New Jersey, and Pennsylvania as well as supplies electricity to wholesale customers.
  • Dominion Resources Inc. (NYSE:D): On 06/30/2011, Bank of America Corp. reported holding 2,686,679 shares with a market value of $129,685,997. This comprised 0.09% of the total portfolio. On 09/30/2011, Bank of America Corp. reported holding 2,826,799 shares with a market value of $143,516,587. This comprised 0.09% of the total portfolio. The net change in shares for this position over the two quarters is 140,120. About Company: Dominion Resources, Inc., a diversified utility holding company, generates, transmits, distributes, and sells electric energy in Virginia and northeastern North Carolina. The Company produces, transports, distributes, and markets natural gas to customers in the Northeast and Mid-Atlantic regions of the United States.
  • Nextera Energy Inc. (NYSE:NEE): On 06/30/2011, Bank of America Corp. reported holding 2,252,893 shares with a market value of $129,451,230. This comprised 0.09% of the total portfolio. On 09/30/2011, Bank of America Corp. reported holding 2,553,949 shares with a market value of $137,964,326. This comprised 0.09% of the total portfolio. The net change in shares for this position over the two quarters is 301,056. About Company: NextEra Energy, Inc. is a clean energy company. The Company, through its subsidiaries, generates, transmits, distributes, and sells electric energy utilizing natural gas, wind and nuclear resources.
  • Exelon Corp. (NYSE:EXC): On 06/30/2011, Bank of America Corp. reported holding 2,835,247 shares with a market value of $121,461,982. This comprised 0.08% of the total portfolio. On 09/30/2011, Bank of America Corp. reported holding 2,880,923 shares with a market value of $122,756,131. This comprised 0.08% of the total portfolio. The net change in shares for this position over the two quarters is 45,676. About Company: Exelon Corporation is a utility services holding company. The Company, through its subsidiaries distributes electricity to customers in Illinois and Pennsylvania. Exelon also distributes gas to customers in the Philadelphia area as well as operates nuclear power plants in states that include Pennsylvania and New Jersey.
  • Wisconsin Energy Corp. (NYSE:WEC): On 06/30/2011, Bank of America Corp. reported holding 3,890,735 shares with a market value of $121,974,544. This comprised 0.08% of the total portfolio. On 09/30/2011, Bank of America Corp. reported holding 3,613,058 shares with a market value of $113,052,588. This comprised 0.07% of the total portfolio. The net change in shares for this position over the two quarters is -277,677. About Company: Wisconsin Energy Corporation is a diversified energy holding company. The Company, through its subsidiaries, provides utility services such as distributing electric, gas, steam, and water.
  • Xcel Energy Inc. (NYSE:XEL): On 06/30/2011, Bank of America Corp. reported holding 4,130,446 shares with a market value of $100,369,835. This comprised 0.07% of the total portfolio. On 09/30/2011, Bank of America Corp. reported holding 4,349,250 shares with a market value of $107,382,985. This comprised 0.07% of the total portfolio. The net change in shares for this position over the two quarters is 218,804. About Company: Xcel Energy, Inc. provides electric and natural gas services. The Company offers a variety of energy-related services, including generation, transmission, and distribution of electricity and natural gas throughout the United States. Xcel utilities serve customers in portions of Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas and Wisconsin.

(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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