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Magnolia Group’s Bank of America BAC Stock Holding History

Magnolia Group’s Portfolio BAC Stock Details BAC Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2020
Q3 		– Sell
-656,000
Closed -$15.6M – 10
2020
Q2 		$15.6M Sell
656,000
-1,346,670
-67% -$31.8M 2.36% 8
2020
Q1 		$42.5M Buy
2,002,670
+48,000
+2% +$1.44M 6.71% 6
2019
Q4 		$68.8M Sell
1,954,670
-461,330
-19% -$14.9M 8.02% 5
2019
Q3 		$70.5M Buy
2,416,000
+347,000
+17% +$9.98M 7.89% 4
2019
Q2 		$60M Buy
2,069,000
+198,000
+11% +$5.71M 6.55% 5
2019
Q1 		$51.6M Buy
1,871,000
+388,000
+26% +$11M 5.55% 7
2018
Q4 		$36.5M Buy
+1,483,000
New +$40.2M 5.72% 7

Other funds holding BAC

Berkshire Hathaway
Berkshire Hathaway Omaha, Nebraska $263B AUM 16.68% 1-Year Est. Return
Vanguard Group
Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return
BlackRock
BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return
Wellington Management Group
Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return
Fidelity Investments
Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return
T. Rowe Price Associates
T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return
Dodge & Cox
Dodge & Cox San Francisco, California $182B AUM 14.68% 1-Year Est. Return
Geode Capital Management
Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return
JP Morgan Chase
JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

Magnolia Group's BAC Position: Q3 2020 in Review

Magnolia Group sold out of Bank of America (BAC) in Q3 2020, closing a stake of 656,000 shares — an estimated $15.6M sold.

Magnolia Group first reported a position in BAC in Q4 2018 and held it in 7 quarters. The position peaked at $70.5M in Q3 2019. 2,088 funds tracked by Wall St. Rank hold BAC as of Q3 2020.

  • Magnolia Group reported no remaining Bank of America position as of Q3 2020 after selling out during the quarter.
  • Magnolia Group sold 656,000 Bank of America shares in Q3 2020, an estimated $15.6M.
  • Magnolia Group first reported a position in Bank of America in Q4 2018 and held it in 7 quarters.
  • Magnolia Group's Bank of America position peaked at $70.5M in Q3 2019.
  • 2,088 funds tracked by Wall St. Rank held Bank of America as of Q3 2020.

Based on Magnolia Group's 13F filing for Q3 2020, filed 9 Nov 2020.