Bank of America Series L
BAC.PRL
107 hedge funds and large institutions have $2.36B invested in Bank of America Series L in 2016 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 29 increasing their positions, 25 reducing their positions, and 10 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 25
10% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 10
0% more funds holding
Funds holding: 107 → 107 (0)
1.99% less ownership
Funds ownership: 106.69% → 104.7% (-2%)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
62% less capital inflows, than outflows
Capital inflows: $41.9M | Capital outflows: $110M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Calamos Advisors
Naperville,
Illinois
|
+$10.9M |
| 2 |
JP Morgan Chase
New York
|
+$6.69M |
| 3 |
Goldman Sachs
New York
|
+$5.38M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$5.06M |
| 5 |
Advent Capital Management
New York
|
+$2.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$34.2M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$24.5M |
| 3 |
Millennium Management
New York
|
-$11.1M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$8.32M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$7.18M |
BAC.PRL Hedge Fund Activity: Q2 2016 in Review
107 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Bank of America Series L (BAC.PRL) for Q2 2016, worth a combined $2.36B — up 1.8% from $2.32B a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new BAC.PRL positions and 10 closed out — a net gain of 1 holder — while 29 added to existing stakes and 25 trimmed.
The largest buyer was Calamos Advisors, adding an estimated $10.9M. The largest seller was TD Asset Management, cutting an estimated $34.2M.
- 107 institutional investors held Bank of America Series L (BAC.PRL) as of Q2 2016, unchanged from Q1 2016.
- Funds reported $2.36B of Bank of America Series L stock for Q2 2016, up 1.8% quarter-over-quarter.
- 11 funds opened new Bank of America Series L positions in Q2 2016 and 10 closed out, a net change of +1 holder.
- The largest Bank of America Series L buyer in Q2 2016 was Calamos Advisors, an estimated $10.9M added.
- The largest Bank of America Series L seller in Q2 2016 was TD Asset Management, an estimated $34.2M sold.
Based on aggregated 13F filings for Q2 2016.