Bank of America Series L
BAC.PRL
100 hedge funds and large institutions have $2.49B invested in Bank of America Series L in 2014 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 22 increasing their positions, 24 reducing their positions, and 11 closing their positions.
55% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 11
3% more funds holding
Funds holding: 97 → 100 (+3)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
8% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 24
3.92% less ownership
Funds ownership: 114.66% → 110.74% (-3.9%)
37% less capital inflows, than outflows
Capital inflows: $162M | Capital outflows: $257M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
+$45.3M |
| 2 |
Calamos Advisors
Naperville,
Illinois
|
+$18.3M |
| 3 |
Camden Asset Management
Los Angeles,
California
|
+$14.5M |
| 4 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$9.27M |
| 5 |
Goldman Sachs
New York
|
+$7.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$70.3M |
| 2 |
Advent Capital Management
New York
|
-$50.6M |
| 3 |
St. Denis J. Villere & Co
New Orleans,
Louisiana
|
-$42.5M |
| 4 |
JP Morgan Chase
New York
|
-$22.5M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$21.9M |
BAC.PRL Hedge Fund Activity: Q4 2014 in Review
100 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Bank of America Series L (BAC.PRL) for Q4 2014, worth a combined $2.49B — up 1% from $2.46B a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new BAC.PRL positions and 11 closed out — a net gain of 6 holders — while 22 added to existing stakes and 24 trimmed.
The largest buyer was American Century Companies, adding an estimated $45.3M. The largest seller was Loomis, Sayles & Company, cutting an estimated $70.3M.
- 100 institutional investors held Bank of America Series L (BAC.PRL) as of Q4 2014, up from 97 in Q3 2014.
- Funds reported $2.49B of Bank of America Series L stock for Q4 2014, up 1% quarter-over-quarter.
- 17 funds opened new Bank of America Series L positions in Q4 2014 and 11 closed out, a net change of +6 holders.
- The largest Bank of America Series L buyer in Q4 2014 was American Century Companies, an estimated $45.3M added.
- The largest Bank of America Series L seller in Q4 2014 was Loomis, Sayles & Company, an estimated $70.3M sold.
Based on aggregated 13F filings for Q4 2014.