Edmond DE Rothschild Holding S.A. cut its stake in shares of Bank of America Co. ( NYSE:BAC ) by 5.1% in the first quarter, HoldingsChannel.com reports. The fund owned 3,760,263 shares of the financial services provider's stock after selling 202,825 shares during the period. Bank of America makes up about 2.4% of Edmond DE Rothschild Holding S.A.'s investment portfolio, making the stock its 3rd biggest position. Edmond DE Rothschild Holding S.A.'s holdings in Bank of America were worth $107,544,000 at the end of the most recent reporting period.

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