Bank of America Series L
BAC.PRL
150 hedge funds and large institutions have $2.22B invested in Bank of America Series L in 2017 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 36 increasing their positions, 33 reducing their positions, and 10 closing their positions.
200% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 10
15% more funds holding
Funds holding: 131 → 150 (+19)
9% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 33
1.14% less ownership
Funds ownership: 101.15% → 100.02% (-1.1%)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
25% less capital inflows, than outflows
Capital inflows: $121M | Capital outflows: $163M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$23.8M |
| 2 |
Dimension Capital Management
Coral Gables,
Florida
|
+$22M |
| 3 |
State Street
Boston,
Massachusetts
|
+$15M |
| 4 |
Amundi Asset Management US
Boston,
Massachusetts
|
+$12.7M |
| 5 |
VSI
Verde Servicos Internacionais
Sao Paulo,
Brazil
|
+$8.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$47.9M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$45.7M |
| 3 |
Camden Asset Management
Los Angeles,
California
|
-$19.4M |
| 4 |
NWQ Investment Management Company
Los Angeles,
California
|
-$15M |
| 5 |
Calamos Advisors
Naperville,
Illinois
|
-$7.31M |
BAC.PRL Hedge Fund Activity: Q1 2017 in Review
150 of the 4,035 institutional investors tracked by Wall St. Rank reported a position in Bank of America Series L (BAC.PRL) for Q1 2017, worth a combined $2.22B — down 2.2% from $2.27B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new BAC.PRL positions and 10 closed out — a net gain of 20 holders — while 36 added to existing stakes and 33 trimmed.
The largest buyer was Ameriprise, adding an estimated $23.8M. The largest seller was Fidelity Investments, cutting an estimated $47.9M.
- 150 institutional investors held Bank of America Series L (BAC.PRL) as of Q1 2017, up from 131 in Q4 2016.
- Funds reported $2.22B of Bank of America Series L stock for Q1 2017, down 2.2% quarter-over-quarter.
- 30 funds opened new Bank of America Series L positions in Q1 2017 and 10 closed out, a net change of +20 holders.
- The largest Bank of America Series L buyer in Q1 2017 was Ameriprise, an estimated $23.8M added.
- The largest Bank of America Series L seller in Q1 2017 was Fidelity Investments, an estimated $47.9M sold.
Based on aggregated 13F filings for Q1 2017.