Bank of America Series L
BAC.PRL
155 hedge funds and large institutions have $2.46B invested in Bank of America Series L in 2017 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 44 increasing their positions, 31 reducing their positions, and 9 closing their positions.
56% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 9
42% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 31
19% more capital inflows, than outflows
Capital inflows: $78.2M | Capital outflows: $65.9M
2% more funds holding
Funds holding: 152 → 155 (+3)
0.28% more ownership
Funds ownership: 99.55% → 99.82% (+0.28%)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
New England Asset Management
Farmington,
Connecticut
|
+$12.3M |
| 2 |
JP Morgan Chase
New York
|
+$10.8M |
| 3 |
Advent Capital Management
New York
|
+$9.46M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$9.45M |
| 5 |
Amundi Asset Management US
Boston,
Massachusetts
|
+$8.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$20.4M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$19.8M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$6.57M |
| 4 |
Millennium Management
New York
|
-$5.43M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$3.75M |
BAC.PRL Hedge Fund Activity: Q3 2017 in Review
155 of the 4,023 institutional investors tracked by Wall St. Rank reported a position in Bank of America Series L (BAC.PRL) for Q3 2017, worth a combined $2.46B — up 5.8% from $2.32B a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new BAC.PRL positions and 9 closed out — a net gain of 5 holders — while 44 added to existing stakes and 31 trimmed.
The largest buyer was New England Asset Management, opening a new position worth an estimated $12.3M. The largest seller was State Street, cutting an estimated $20.4M.
- 155 institutional investors held Bank of America Series L (BAC.PRL) as of Q3 2017, up from 152 in Q2 2017.
- Funds reported $2.46B of Bank of America Series L stock for Q3 2017, up 5.8% quarter-over-quarter.
- 14 funds opened new Bank of America Series L positions in Q3 2017 and 9 closed out, a net change of +5 holders.
- The largest Bank of America Series L buyer in Q3 2017 was New England Asset Management, an estimated $12.3M added.
- The largest Bank of America Series L seller in Q3 2017 was State Street, an estimated $20.4M sold.
Based on aggregated 13F filings for Q3 2017.