+++
As compiled by Lipper Analytical Services Inc., Summit, N.J. from its mutual funds data base
Institutions with $1 billion or more in proprietary retail fund assets on June 30, compared with March 31 and June 30, 1994
(dollar amounts in millions)
Rank TOTAL FUND ASSETS
6/95 6/30/95 3/31/95 6/30/94 1 Mellon Bank Corp, Pittsburgh $48,916.20 $48,409.80 $49,943.60 2 Wells Fargo & Co., San Francisco 8,714.60 8,647.60 7,122.60 3 First Union Corp, Charlotte, N.C. 7,163.90 6,467.40 5,656.70 4 Chemical Banking Corp, New York 5,805.50 5,466.40 4,284.00 5 State Street Boston Corp 5,404.10 5,202.30 4,905.50 6 KeyCorp, Cleveland 5,148.40 4,466.10 3,893.00 7 BankAmerica Corp., San Francisco 4,748.60 3,964.60 4,024.20 8 Chase Manhattan Corp, New York 4,573.60 4,291.20 3,476.20 9 J.P. Morgan & Co., Inc., New York 4,462.20 4,403.00 4,226.10 10 Norwest Corp, Minneapolis 4,015.70 3,615.30 3,466.20 11 U.S. Trust Corp, New York 3,982.50 3,781.00 3,694.10 12 Citicorp, New York 3,555.40 3,200.00 2,705.10 13 Schroders Plc., London (b) 3,429.50 3,071.40 3,136.30 14 Northern Trust Corp, Chicago 3,421.80 3,258.90 1,740.90 15 NBD Bancorp Inc., Detroit 3,319.90 3,211.80 3,224.80 16 Great Western Financial, Chatsworth, Calif. 2,773.60 2,659.30 2,960.90 17 Societe Generale, Paris (b) 2,748.30 2,421.10 2,066.50 18 PNC Bank Corp, Pittsburgh 2,717.90 2,597.40 2,432.60 19 First Interstate Bancorp, Los Angeles 2,576.50 2,621.60 2,377.10 20 Fleet Financial Group Inc., Providence, R.I 2,486.80 2,289.30 4,480.50 21 Bankers Trust New York Corp 2,314.10 2,371.90 2,175.70 22 First Fidelity Bancorp., Newark, N.J. 2,175.90 1,781.00 1,478.90 23 Midlantic Corp, Edison, N.J. 2,174.90 2,074.20 1,991.40 24 NationsBank Corp, Charlotte, N.C. 2,065.60 1,893.80 1,817.40 25 AmSouth Bancorp., Birmingham, Ala 1,841.20 1,689.20 1,544.30 26 Bank of Boston Corp 1,753.10 1,523.10 773 27 Wilmington Trust Corp, Del. 1,455.80 1,425.00 1,575.30 28 Marshall & Ilsley Corp, Milwaukee, Wis.1,390.10 1,300.30 884.4 29 Premier Bancorp, Baton Rouge, La. 1,353.90 1,322.40 1,295.80 30 Harris Bankcorp, Inc., Chicago (f) 1,338.70 1,357.90 1,019.40 31 Wachovia Corp, Winston-Salem, N.C. 1,325.00 1,242.90 979.3 32 Bancorp Hawaii Inc., Honolulu 1,286.40 1,342.80 1,403.60 33 Washington Mutual Savings, Seattle 1,167.00 1,120.70 1,158.00 34 Brown Brothers Harriman & Co. New York 1,094.40 1,056.50 1,034.10 35 StarBanc Corp, Cincinnati 1,013.30 845.4 620.7 Grand totals for all 108 banks with retail funds 175,446.70 166,735.9 156,706.3 Set 2 of 3
FUND ASSETS AS OF 6/30/95 BY TYPE Rank Money Fixed 6/95 Market Income Muni Equity 1 Mellon Bank Cor $18,714.90 $3,956.50 $16,368.00 $9,876.80 2 Wells Fargo & C 4,950.60 1,129.60 699.6 1,934.80 3 First Union Cor 3,188.20 257.5 515.9 3,202.30 4 Chemical Bankin 5,639.50 94.5 71.5 5 State Street Bo 3,272.10 1,347.80 784.2 6 KeyCorp, Clevel 2,821.00 678.7 85.5 1,563.20 7 BankAmerica Cor 3,683.30 173.7 198.1 693.5 8 Chase Manhattan 1,263.50 201.6 248.2 2,860.30 9 J.P. Morgan & C 3,233.70 137.7 382.6 708.2 10 Norwest Corp, M 3,800.60 84.9 90.6 39.6 11 U.S. Trust Corp 2,657.50 158.6 467.3 699.1 12 Citicorp, New Y 2,903.50 100.9 88 463 13 Schroders Plc., 3,429.50 14 Northern Trust 2,329.00 226.9 342.5 523.4 15 NBD Bancorp Inc 3,094.10 44.8 34.4 146.6 16 Great Western F 213.2 1,088.90 785.7 685.8 17 Societe General 12.2 2,736.10 18 PNC Bank Corp, 1,991.30 44.5 301.1 381 19 First Interstat 1,688.30 255 285.2 348 20 Fleet Financial 1,262.40 248.6 133.1 842.7 21 Bankers Trust N 1,614.90 70.3 23.7 605.2 22 First Fidelity 2,126.90 36.1 12.9 23 Midlantic Corp, 969.6 492.7 142.4 570.2 24 NationsBank Cor 975.5 291.8 390.3 408 25 AmSouth Bancorp 1,001.60 172.7 48.6 618.3 26 Bank of Boston 606 387.6 348 411.5 27 Wilmington Trus 1,341.20 30.6 84 28 Marshall & Ilsl 24.9 531.3 66.6 767.3 29 Premier Bancorp 299.1 445.2 195.4 414.2 30 Harris Bankcorp 1,236.10 46.5 56.1 31 Wachovia Corp, 267.7 295.7 108.3 653.3 32 Bancorp Hawaii 626.8 1.6 654 4 33 Washington Mutu 170.3 285.7 227.6 483.4 34 Brown Brothers 769.8 52.1 272.5 35 StarBanc Corp, 633.2 136.3 243.8 Grand totals fo $91,000.60 $16,565.90 $25,546.00 $42,334.20 Set 3 of 3
NUMBER OF PORTFOLIOS AS OF 6/30/95 BY TYPE* Rank Total No. of Money Fixed 6/95 Portfolios Market Income Muni Equity 1 Mellon Bank Cor 160 28 20 74 38 2 Wells Fargo & C 32 5 8 5 14 3 First Union Cor 102 12 10 23 57 4 Chemical Bankin 12 6 2 0 4 5 State Street Bo 10 3 2 0 5 6 KeyCorp, Clevel 27 6 6 3 12 7 BankAmerica Cor 19 7 4 2 6 8 Chase Manhattan 34 7 6 5 16 9 J.P. Morgan & C 12 3 2 2 5 10 Norwest Corp, M 29 5 8 8 8 11 U.S. Trust Corp 25 4 3 4 14 12 Citicorp, New Y 14 8 2 1 3 13 Schroders Plc., 5 0 0 0 5 14 Northern Trust 16 5 3 2 6 15 NBD Bancorp Inc 17 5 3 2 7 16 Great Western F 45 9 12 12 12 17 Societe General 4 1 0 0 3 18 PNC Bank Corp, 42 16 7 6 13 19 First Interstat 30 7 7 7 9 20 Fleet Financial 23 4 4 6 9 21 Bankers Trust N 20 5 3 1 11 22 First Fidelity 7 5 0 1 1 23 Midlantic Corp, 16 5 3 3 5 24 NationsBank Cor 98 4 20 56 18 25 AmSouth Bancorp 10 3 3 1 3 26 Bank of Boston 12 2 3 4 3 27 Wilmington Trus 7 3 1 0 3 28 Marshall & Ilsl 11 1 3 2 5 29 Premier Bancorp 7 1 2 1 3 30 Harris Bankcorp 6 3 1 0 2 31 Wachovia Corp, 14 3 2 3 6 32 Bancorp Hawaii 11 3 3 3 2 33 Washington Mutu 16 4 4 2 6 34 Brown Brothers 7 2 0 1 4 35 StarBanc Corp, 8 2 2 0 4
Grand totals fo 1,522 322 313 339 548 === A proprietary fund is a fund over which the bank exercises management discretion or that was formed or founded by the bank. (*)- In the case of funds with multiple classes of shares, each share class is counted as one portfolio. (b)- Mutual funds are managed by a U.S.-based investment advisory unit of the bank. (f)- Majority owned by a foreign bank. N.A.- Not available. American Banker, 1995
