Bank of America Series L
BAC.PRL
96 hedge funds and large institutions have $7.21B invested in Bank of America Series L in 2014 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 26 increasing their positions, 21 reducing their positions, and 6 closing their positions.
8,467% more capital inflows, than outflows
Capital inflows: $4.88B | Capital outflows: $57M
300% more funds holding in top 10
Funds holding in top 10: 1 → 4 (+3)
138.72% more ownership
Funds ownership: 111.38% → 250.1% (+139%)
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
24% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 21
5% more funds holding
Funds holding: 91 → 96 (+5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$4.77B |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$32.4M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$29.8M |
| 4 |
State Street
Boston,
Massachusetts
|
+$13.6M |
| 5 |
Guggenheim Capital
Chicago,
Illinois
|
+$7.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$14.4M |
| 2 |
Northern Trust
Chicago,
Illinois
|
-$6.59M |
| 3 |
SEI Trust Company
Oaks,
Pennsylvania
|
-$5.99M |
| 4 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$5.92M |
| 5 |
Palisade Capital Management
Fort Lee,
New Jersey
|
-$5.82M |
BAC.PRL Hedge Fund Activity: Q1 2014 in Review
96 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Bank of America Series L (BAC.PRL) for Q1 2014, worth a combined $7.21B — up 236% from $2.15B a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new BAC.PRL positions and 6 closed out — a net gain of 5 holders — while 26 added to existing stakes and 21 trimmed.
The largest buyer was Allianz Asset Management, adding an estimated $4.77B. The largest seller was JP Morgan Chase, cutting an estimated $14.4M.
- 96 institutional investors held Bank of America Series L (BAC.PRL) as of Q1 2014, up from 91 in Q4 2013.
- Funds reported $7.21B of Bank of America Series L stock for Q1 2014, up 236% quarter-over-quarter.
- 11 funds opened new Bank of America Series L positions in Q1 2014 and 6 closed out, a net change of +5 holders.
- The largest Bank of America Series L buyer in Q1 2014 was Allianz Asset Management, an estimated $4.77B added.
- The largest Bank of America Series L seller in Q1 2014 was JP Morgan Chase, an estimated $14.4M sold.
Based on aggregated 13F filings for Q1 2014.