Bank of America Corporation (NYSE: BAC) is the second largest bank in the U.S. with $2.2 trillion in total assets. The following are the top four largest mutual fund holders of Bank of America.

Vanguard Total Stock Mkt Idx Inv (VTSMX)

The largest mutual fund holder, the Vanguard Total Stock Mkt Idx Inv (VTSMX), owns 225,832,325 shares of Bank of America as of June, 2017. This mutual fund was created in 1992 and intends to give broad exposure to the total US. stock market by including small-, mid-and large-cap growth and value stocks. The fund has $574.6 billion under management, with a benchmark of 15.5% allocation to the financial services sector.

Vanguard 500 Index Inv (VFINX)

The Vanguard 500 Index Inv (VFINX) is the second-largest mutual fund holder of Bank of America with 154,074,615 shares. VFINX was the industry's first index fund for individual investors and is invested in a diversified spectrum of the largest US. companies mirroring the Standard and Poor's 500 Index (S&P 500). The total net assets are $324.6 billion with a benchmark of 15.5% allocation in the financial services sector.

Dodge and Cox Stock (DODGX)

This $65.3 billion value fund owns the third-largest stake in Bank of America with 111,294,300 shares. The Dodge and Cox Stock (DODGX) seeks long-term growth and income. The fund is invested in 63 companies with a benchmark of 25.58% allocation in financial services. Bank of America shares represent 4.04% of the portfolio.

Vanguard Institutional Index I (VINIX)

This $228.4 billion institutional fund tracks the S&P 500 Index following a passively managed, full-replication approach. The Vanguard Institutional Index I (VINIX) is the fourth-largest mutual fund holder of Bank of America with 109,814,268 shares. The fund has a benchmark of 15.5% allocation in the financial services sector. This is the institutional version of the Vanguard 500 Index Fund and is available only to institutional investors.

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