Bank of America Series L
BAC.PRL
96 hedge funds and large institutions have $2.5B invested in Bank of America Series L in 2014 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 23 increasing their positions, 24 reducing their positions, and 7 closing their positions.
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
0% more funds holding
Funds holding: 96 → 96 (0)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
4% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 24
97% less capital inflows, than outflows
Capital inflows: $153M | Capital outflows: $5B
136.12% less ownership
Funds ownership: 250.1% → 113.98% (-136%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Advent Capital Management
New York
|
+$50.8M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$37.2M |
| 3 |
Camden Asset Management
Los Angeles,
California
|
+$19.7M |
| 4 |
State Street
Boston,
Massachusetts
|
+$15.3M |
| 5 |
JP Morgan Chase
New York
|
+$9.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$4.92B |
| 2 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$57.4M |
| 3 |
Guggenheim Capital
Chicago,
Illinois
|
-$7.64M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$6.63M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$5.59M |
BAC.PRL Hedge Fund Activity: Q2 2014 in Review
96 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Bank of America Series L (BAC.PRL) for Q2 2014, worth a combined $2.5B — down 65% from $7.21B a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new BAC.PRL positions and 7 closed out — a net gain of 1 holder — while 23 added to existing stakes and 24 trimmed.
The largest buyer was Advent Capital Management, opening a new position worth an estimated $50.8M. The largest seller was Allianz Asset Management, cutting an estimated $4.92B.
- 96 institutional investors held Bank of America Series L (BAC.PRL) as of Q2 2014, unchanged from Q1 2014.
- Funds reported $2.5B of Bank of America Series L stock for Q2 2014, down 65% quarter-over-quarter.
- 8 funds opened new Bank of America Series L positions in Q2 2014 and 7 closed out, a net change of +1 holder.
- The largest Bank of America Series L buyer in Q2 2014 was Advent Capital Management, an estimated $50.8M added.
- The largest Bank of America Series L seller in Q2 2014 was Allianz Asset Management, an estimated $4.92B sold.
Based on aggregated 13F filings for Q2 2014.