Bank of America Series L
BAC.PRL
102 hedge funds and large institutions have $2.47B invested in Bank of America Series L in 2015 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 21 increasing their positions, 25 reducing their positions, and 12 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
22% more capital inflows, than outflows
Capital inflows: $161M | Capital outflows: $132M
17% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 12
2% more funds holding
Funds holding: 100 → 102 (+2)
0.79% more ownership
Funds ownership: 110.74% → 111.54% (+0.79%)
16% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Advent Capital Management
New York
|
+$56.7M |
| 2 |
Calamos Advisors
Naperville,
Illinois
|
+$29.3M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$17.3M |
| 4 |
JP Morgan Chase
New York
|
+$10.8M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$8.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$45.6M |
| 2 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$30.9M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$15.2M |
| 4 |
State Street
Boston,
Massachusetts
|
-$9.25M |
| 5 |
Goldman Sachs
New York
|
-$7.34M |
BAC.PRL Hedge Fund Activity: Q1 2015 in Review
102 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Bank of America Series L (BAC.PRL) for Q1 2015, worth a combined $2.47B — down 0.92% from $2.49B a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new BAC.PRL positions and 12 closed out — a net gain of 2 holders — while 21 added to existing stakes and 25 trimmed.
The largest buyer was Advent Capital Management, opening a new position worth an estimated $56.7M. The largest seller was Franklin Resources, cutting an estimated $45.6M.
- 102 institutional investors held Bank of America Series L (BAC.PRL) as of Q1 2015, up from 100 in Q4 2014.
- Funds reported $2.47B of Bank of America Series L stock for Q1 2015, down 0.92% quarter-over-quarter.
- 14 funds opened new Bank of America Series L positions in Q1 2015 and 12 closed out, a net change of +2 holders.
- The largest Bank of America Series L buyer in Q1 2015 was Advent Capital Management, an estimated $56.7M added.
- The largest Bank of America Series L seller in Q1 2015 was Franklin Resources, an estimated $45.6M sold.
Based on aggregated 13F filings for Q1 2015.