McDonald’s: Bank of America Corp.’s Heaviest Quarterly Services Stock Position

Wall St. Watchdog reveals information regarding Bank of America Corp.’s top holdings in the Services sector for the quarter ending September 30th, 2011. The firm held 985 stocks in the Services sector at the end of the quarter with an aggregate market value of $14.044 billion.

  • Mcdonald’s Corp. (NYSE:MCD): On 06/30/2011, Bank of America Corp. reported holding 10,931,809 shares with a market value of $921,770,132. This comprised 0.62% of the total portfolio. On 09/30/2011, Bank of America Corp. reported holding 11,074,864 shares with a market value of $972,594,553. This comprised 0.61% of the total portfolio. The net change in shares for this position over the two quarters is 143,055. About Company: McDonald’s Corporation operates and franchises fast-food restaurants worldwide. The Company’s franchised and company operated fast food restaurants offer a variety of low price fast foods in locations around the world.
  • United Parcel Service Inc. (NYSE:UPS): On 06/30/2011, Bank of America Corp. reported holding 8,141,638 shares with a market value of $593,769,662. This comprised 0.4% of the total portfolio. On 09/30/2011, Bank of America Corp. reported holding 11,606,413 shares with a market value of $732,944,999. This comprised 0.46% of the total portfolio. The net change in shares for this position over the two quarters is 3,464,775. About Company: United Parcel Service, Inc.(NYSE:UPS) delivers packages and documents throughout the United States and in other countries and territories. The Company also provides global supply chain services and less-than-truckload transportation, primarily in the U.S. UPS’s business consists of integrated air and ground pick-up and delivery network
  • Amazon.com Inc. (NASDAQ:AMZN): On 06/30/2011, Bank of America Corp. reported holding 1,075,059 shares with a market value of $219,838,821. This comprised 0.15% of the total portfolio. On 09/30/2011, Bank of America Corp. reported holding 2,894,166 shares with a market value of $625,805,502. This comprised 0.39% of the total portfolio. The net change in shares for this position over the two quarters is 1,819,107. About Company: Amazon.com, Inc. is an online retailer that offers a wide range of products. The Company’s products include books, music, videotapes, computers, electronics, home and garden, and numerous other products. Amazon offers personalized shopping services, Web-based credit card payment, and direct shipping to customers.
  • Wal-mart Stores Inc. (NYSE:WMT): On 06/30/2011, Bank of America Corp. reported holding 10,000,734 shares with a market value of $531,438,999. This comprised 0.36% of the total portfolio. On 09/30/2011, Bank of America Corp. reported holding 11,158,705 shares with a market value of $579,136,807. This comprised 0.36% of the total portfolio. The net change in shares for this position over the two quarters is 1,157,971. About Company: Wal-Mart Stores, Inc. operates discount stores, supercenters, and neighborhood markets. The Company’s discount stores and supercenters offer merchandise such as apparel, housewares, small appliances, electronics, and hardware. Walmart’s markets offer a full-line supermarket and a limited assortment of general merchandise. The Company operates nationally and internationally.
  • Yum! Brands Inc. (NYSE:YUM): On 06/30/2011, Bank of America Corp. reported holding 10,977,186 shares with a market value of $606,379,773. This comprised 0.41% of the total portfolio. On 09/30/2011, Bank of America Corp. reported holding 11,350,440 shares with a market value of $560,598,225. This comprised 0.35% of the total portfolio. The net change in shares for this position over the two quarters is 373,254. About Company: Yum! Brands, Inc, owns and franchises quick-service restaurants worldwide. The Company develops, operates, franchises and licenses a worldwide system of restaurants which prepare, package and sell a menu of food items.
  • Costco Wholesale Corporation (NASDAQ:COST): On 06/30/2011, Bank of America Corp. reported holding 2,787,349 shares with a market value of $226,444,227. This comprised 0.15% of the total portfolio. On 09/30/2011, Bank of America Corp. reported holding 5,897,598 shares with a market value of $484,369,708. This comprised 0.3% of the total portfolio. The net change in shares for this position over the two quarters is 3,110,249. About Company: Costco Wholesale Corporation operates wholesale membership warehouses in multiple countries. The Company sells all kinds of food, automotive supplies, toys, hardware, sporting goods, jewelry, electronics, apparel, health and beauty aids, as well as other goods.
  • Cvs Caremark Corporation (NYSE:CVS): On 06/30/2011, Bank of America Corp. reported holding 4,419,520 shares with a market value of $166,085,570. This comprised 0.11% of the total portfolio. On 09/30/2011, Bank of America Corp. reported holding 12,590,204 shares with a market value of $422,904,954. This comprised 0.27% of the total portfolio. The net change in shares for this position over the two quarters is 8,170,684. About Company: CVS Caremark Corporation is an integrated pharmacy health care provider. The Company’s offerings include pharmacy benefit management services; mail order, retail and specialty pharmacy; disease management programs; and retail clinics. The company operates drugstores throughout the U.S., the District of Columbia, and Puerto Rico.
  • Hertz Global Holding (NYSE:HTZ): On 06/30/2011, Bank of America Corp. reported holding 44,696,529 shares with a market value of $709,780,886. This comprised 0.48% of the total portfolio. On 09/30/2011, Bank of America Corp. reported holding 44,672,794 shares with a market value of $397,587,850. This comprised 0.25% of the total portfolio. The net change in shares for this position over the two quarters is -23,735. About Company: Hertz Global Holdings, Inc. operates car and equipment rental centers throughout the United States and Europe.
  • Target Corp. (NYSE:TGT): On 06/30/2011, Bank of America Corp. reported holding 8,214,700 shares with a market value of $385,351,576. This comprised 0.26% of the total portfolio. On 09/30/2011, Bank of America Corp. reported holding 7,515,902 shares with a market value of $368,579,841. This comprised 0.23% of the total portfolio. The net change in shares for this position over the two quarters is -698,798. About Company: Target Corporation operates general merchandise discount stores in the United States. The Company’s merchandising operations include general merchandise and food discount stores and a fully integrated online business. Target also offers credit to qualified applicants through its branded proprietary credit cards.
  • Cardinal Health Inc. (NYSE:CAH): On 06/30/2011, Bank of America Corp. reported holding 4,378,443 shares with a market value of $198,868,873. This comprised 0.13% of the total portfolio. On 09/30/2011, Bank of America Corp. reported holding 8,539,224 shares with a market value of $357,622,710. This comprised 0.22% of the total portfolio. The net change in shares for this position over the two quarters is 4,160,781. About Company: Cardinal Health, Inc. provides complementary products and services to healthcare providers and manufacturers. The Company’s services include pharmaceutical distribution, health-care product manufacturing, distribution and consulting services, drug delivery systems development, pharmaceutical packaging, automated dispensing systems manufacturing, and retail pharmacy franchising.

(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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