Bank of America Series L
BAC.PRL
131 hedge funds and large institutions have $2.27B invested in Bank of America Series L in 2016 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 41 increasing their positions, 35 reducing their positions, and 12 closing their positions.
92% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 12
60% more capital inflows, than outflows
Capital inflows: $239M | Capital outflows: $150M
17% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 35
8% more funds holding
Funds holding: 121 → 131 (+10)
2.44% more ownership
Funds ownership: 98.71% → 101.15% (+2.4%)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$94.7M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$59.9M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$14M |
| 4 |
Amundi Asset Management US
Boston,
Massachusetts
|
+$11M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$6.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$48.8M |
| 2 |
Advent Capital Management
New York
|
-$26.5M |
| 3 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$15.7M |
| 4 |
Sculptor Capital
New York
|
-$12.2M |
| 5 |
Camden Asset Management
Los Angeles,
California
|
-$8.99M |
BAC.PRL Hedge Fund Activity: Q4 2016 in Review
131 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Bank of America Series L (BAC.PRL) for Q4 2016, worth a combined $2.27B — up 3% from $2.2B a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new BAC.PRL positions and 12 closed out — a net gain of 11 holders — while 41 added to existing stakes and 35 trimmed.
The largest buyer was State Street, opening a new position worth an estimated $94.7M. The largest seller was Cohen & Steers, cutting an estimated $48.8M.
- 131 institutional investors held Bank of America Series L (BAC.PRL) as of Q4 2016, up from 121 in Q3 2016.
- Funds reported $2.27B of Bank of America Series L stock for Q4 2016, up 3% quarter-over-quarter.
- 23 funds opened new Bank of America Series L positions in Q4 2016 and 12 closed out, a net change of +11 holders.
- The largest Bank of America Series L buyer in Q4 2016 was State Street, an estimated $94.7M added.
- The largest Bank of America Series L seller in Q4 2016 was Cohen & Steers, an estimated $48.8M sold.
Based on aggregated 13F filings for Q4 2016.