Bank of America Series L
BAC.PRL
98 hedge funds and large institutions have $2.46B invested in Bank of America Series L in 2015 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 19 increasing their positions, 26 reducing their positions, and 8 closing their positions.
151% more capital inflows, than outflows
Capital inflows: $147M | Capital outflows: $58.8M
2.51% more ownership
Funds ownership: 111.54% → 114.05% (+2.5%)
4% less funds holding
Funds holding: 102 → 98 (-4)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
27% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 26
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$102M |
| 2 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$11.5M |
| 3 |
State Street
Boston,
Massachusetts
|
+$10M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$9.22M |
| 5 |
Millennium Management
New York
|
+$4.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Driehaus Capital Management
Chicago,
Illinois
|
-$18.9M |
| 2 |
Putnam Investments
Boston,
Massachusetts
|
-$11.2M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$7.01M |
| 4 |
IP
InvenTrust Properties
Downers Grove,
Illinois
|
-$5.64M |
| 5 |
Advent Capital Management
New York
|
-$3.23M |
BAC.PRL Hedge Fund Activity: Q2 2015 in Review
98 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Bank of America Series L (BAC.PRL) for Q2 2015, worth a combined $2.46B — down 0.12% from $2.47B a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of BAC.PRL and 4 opened new positions — a net loss of 4 holders — while 26 trimmed existing stakes and 19 added.
The largest buyer was Allianz Asset Management, adding an estimated $102M. The largest seller was Driehaus Capital Management, exiting entirely with an estimated $18.9M sold.
- 98 institutional investors held Bank of America Series L (BAC.PRL) as of Q2 2015, down from 102 in Q1 2015.
- Funds reported $2.46B of Bank of America Series L stock for Q2 2015, down 0.12% quarter-over-quarter.
- 4 funds opened new Bank of America Series L positions in Q2 2015 and 8 closed out, a net change of -4 holders.
- The largest Bank of America Series L buyer in Q2 2015 was Allianz Asset Management, an estimated $102M added.
- The largest Bank of America Series L seller in Q2 2015 was Driehaus Capital Management, an estimated $18.9M sold.
Based on aggregated 13F filings for Q2 2015.