Bank of America Series L
BAC.PRL
152 hedge funds and large institutions have $2.32B invested in Bank of America Series L in 2017 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 55 increasing their positions, 22 reducing their positions, and 11 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 22
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
18% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 11
1% more funds holding
Funds holding: 150 → 152 (+2)
0.47% less ownership
Funds ownership: 100.02% → 99.55% (-0.47%)
10% less capital inflows, than outflows
Capital inflows: $153M | Capital outflows: $169M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Amundi Asset Management US
Boston,
Massachusetts
|
+$51.9M |
| 2 |
Mackay Shields LLC
New York
|
+$27.7M |
| 3 |
JP Morgan Chase
New York
|
+$19.7M |
| 4 |
Advent Capital Management
New York
|
+$18.3M |
| 5 |
State Street
Boston,
Massachusetts
|
+$8.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$53.5M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$47.6M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$24.7M |
| 4 |
New England Asset Management
Farmington,
Connecticut
|
-$11.3M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$8.44M |
BAC.PRL Hedge Fund Activity: Q2 2017 in Review
152 of the 4,023 institutional investors tracked by Wall St. Rank reported a position in Bank of America Series L (BAC.PRL) for Q2 2017, worth a combined $2.32B — up 4.6% from $2.22B a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new BAC.PRL positions and 11 closed out — a net gain of 2 holders — while 55 added to existing stakes and 22 trimmed.
The largest buyer was Amundi Asset Management US, adding an estimated $51.9M. The largest seller was Wells Fargo, cutting an estimated $53.5M.
- 152 institutional investors held Bank of America Series L (BAC.PRL) as of Q2 2017, up from 150 in Q1 2017.
- Funds reported $2.32B of Bank of America Series L stock for Q2 2017, up 4.6% quarter-over-quarter.
- 13 funds opened new Bank of America Series L positions in Q2 2017 and 11 closed out, a net change of +2 holders.
- The largest Bank of America Series L buyer in Q2 2017 was Amundi Asset Management US, an estimated $51.9M added.
- The largest Bank of America Series L seller in Q2 2017 was Wells Fargo, an estimated $53.5M sold.
Based on aggregated 13F filings for Q2 2017.