Bank of America Series L
BAC.PRL
171 hedge funds and large institutions have $2.51B invested in Bank of America Series L in 2017 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 48 increasing their positions, 31 reducing their positions, and 13 closing their positions.
360% more capital inflows, than outflows
Capital inflows: $335M | Capital outflows: $73M
123% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 13
55% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 31
10% more funds holding
Funds holding: 155 → 171 (+16)
5.89% more ownership
Funds ownership: 99.82% → 105.71% (+5.9%)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SEI Investments
Oaks,
Pennsylvania
|
+$250M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$21.8M |
| 3 |
Lazard Asset Management
New York
|
+$13.9M |
| 4 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$6.84M |
| 5 |
Oaktree Capital Management
Los Angeles,
California
|
+$5.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$30.4M |
| 2 |
Camden Asset Management
Los Angeles,
California
|
-$6.84M |
| 3 |
Goldman Sachs
New York
|
-$6.74M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$4.74M |
| 5 |
Guggenheim Capital
Chicago,
Illinois
|
-$3.66M |
BAC.PRL Hedge Fund Activity: Q4 2017 in Review
171 of the 4,420 institutional investors tracked by Wall St. Rank reported a position in Bank of America Series L (BAC.PRL) for Q4 2017, worth a combined $2.51B — up 2.4% from $2.46B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new BAC.PRL positions and 13 closed out — a net gain of 16 holders — while 48 added to existing stakes and 31 trimmed.
The largest buyer was SEI Investments, adding an estimated $250M. The largest seller was Fidelity Investments, cutting an estimated $30.4M.
- 171 institutional investors held Bank of America Series L (BAC.PRL) as of Q4 2017, up from 155 in Q3 2017.
- Funds reported $2.51B of Bank of America Series L stock for Q4 2017, up 2.4% quarter-over-quarter.
- 29 funds opened new Bank of America Series L positions in Q4 2017 and 13 closed out, a net change of +16 holders.
- The largest Bank of America Series L buyer in Q4 2017 was SEI Investments, an estimated $250M added.
- The largest Bank of America Series L seller in Q4 2017 was Fidelity Investments, an estimated $30.4M sold.
Based on aggregated 13F filings for Q4 2017.