These Institutional Investors Change Stakes in Bank of America Stock

856 institutional firms indicated owning shares of Bank of America Corporation (NYSE:BAC) in both Q2 2011band Q3 2011. These firms reported owning a total of 5.282 billion shares on 06/30/2011 and 5.036 billion shares on 09/30/2011. The shares closed at $10.96 on 06/30/2011 and $6.12 on 09/30/2011, for an aggregate market value of $57.892 billion and $30.819 billion, respectively.

Wall St. Watchdog reveals information on the ten largest positions at the end of September 30th, 2011.

  • STATE STREET CORP held 460,496,575 shares on 06/30/2011 which were worth $5,047,042,462. On 09/30/2011 the firm held 455,747,401 shares worth $2,789,174,094. This represented a reduction of 4,749,174 shares or $2,257,868,368.
  • VANGUARD GROUP INC held 375,365,877 shares on 06/30/2011 which were worth $4,114,010,012. On 09/30/2011 the firm held 383,805,234 shares worth $2,348,888,032. This represented an increase of 8,439,357 shares or $1,765,121,980.
  • BLACKROCK INSTITUTIONAL TRUST COMPANY, N.A. held 256,552,573 shares on 06/30/2011 which were worth $2,811,816,200. On 09/30/2011 the firm held 251,443,830 shares worth $1,538,836,240. This represented a reduction of 5,108,743 shares or $1,272,979,960.
  • JPMORGAN CHASE & CO held 204,909,812 shares on 06/30/2011 which were worth $2,245,811,540. On 09/30/2011 the firm held 223,424,792 shares worth $1,367,359,727. This represented an increase of 18,514,980 shares or $878,451,812.
  • CITIGROUP INC held 22,918,205 shares on 06/30/2011 which were worth $251,183,527. On 09/30/2011 the firm held 168,473,535 shares worth $1,031,058,034. This represented an increase of 145,555,330 shares or $779,874,507.
  • WELLINGTON MANAGEMENT CO LLP held 161,691,214 shares on 06/30/2011 which were worth $1,772,135,705. On 09/30/2011 the firm held 136,968,555 shares worth $838,247,557. This represented a reduction of 24,722,659 shares or $933,888,149.
  • CAPITAL WORLD INVESTORS held 112,200,000 shares on 06/30/2011 which were worth $1,229,712,000. On 09/30/2011 the firm held 131,020,000 shares worth $801,842,400. This represented an increase of 18,820,000 shares or $427,869,600.
  • CAPITAL RESEARCH GLOBAL INVESTORS held 131,327,985 shares on 06/30/2011 which were worth $1,439,354,716. On 09/30/2011 the firm held 129,552,985 shares worth $792,864,268. This represented a reduction of 1,775,000 shares or $646,490,447.
  • GOLDMAN SACHS GROUP INC held 72,466,811 shares on 06/30/2011 which were worth $794,236,249. On 09/30/2011 the firm held 114,353,607 shares worth $699,844,075. This represented an increase of 41,886,796 shares or $94,392,174.
  • NORTHERN TRUST CORP held 111,873,089 shares on 06/30/2011 which were worth $1,226,129,055. On 09/30/2011 the firm held 112,318,271 shares worth $687,387,819. This represented an increase of 445,182 shares or $538,741,237.

About the company: Bank of America Corporation accepts deposits and offers banking, investing, asset management, and other financial and risk-management products and services. The Company has a mortgage lending subsidiary, and an investment banking and securities brokerage subsidiary.

Competitors to Watch: Citigroup Inc. (NYSE:C), Wells Fargo & Company (NYSE:WFC), JPMorgan Chase & Co. (NYSE:JPM), U.S. Bancorp (NYSE:USB), Goldman Sachs Group, Inc. (NYSE:GS), Barclays PLC (NYSE:BCS), Morgan Stanley (NYSE:MS), PNC Financial Services (NYSE:PNC), KeyCorp (NYSE:KEY), and American Express Company (NYSE:AXP).

(Note: Data regarding Stevens Capital Management’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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