QCM Cayman Ltd. trimmed its holdings in Bank of America Co. ( NYSE:BAC ) by 34.3% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 6,165 shares of the financial services provider's stock after selling 3,218 shares during the quarter. Bank of America comprises about 3.1% of QCM Cayman Ltd.'s portfolio, making the stock its 21st biggest holding. QCM Cayman Ltd.'s holdings in Bank of America were worth $204,000 at the end of the most recent reporting period. A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business.

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