Bank of America Series L
BAC.PRL
162 hedge funds and large institutions have $2.34B invested in Bank of America Series L in 2018 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 41 increasing their positions, 42 reducing their positions, and 23 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
2% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 42
5% less funds holding
Funds holding: 171 → 162 (-9)
7.69% less ownership
Funds ownership: 105.71% → 98.02% (-7.7%)
37% less capital inflows, than outflows
Capital inflows: $128M | Capital outflows: $205M
39% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimension Capital Management
Coral Gables,
Florida
|
+$32.7M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$21.1M |
| 3 |
JP Morgan Chase
New York
|
+$15.6M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$15.3M |
| 5 |
Camden Asset Management
Los Angeles,
California
|
+$14.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$107M |
| 2 |
SEI Investments
Oaks,
Pennsylvania
|
-$29.6M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$12.2M |
| 4 |
Advent Capital Management
New York
|
-$8.28M |
| 5 |
Oaktree Capital Management
Los Angeles,
California
|
-$7.25M |
BAC.PRL Hedge Fund Activity: Q1 2018 in Review
162 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Bank of America Series L (BAC.PRL) for Q1 2018, worth a combined $2.34B — down 7.1% from $2.51B a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of BAC.PRL and 14 opened new positions — a net loss of 9 holders — while 42 trimmed existing stakes and 41 added.
The largest buyer was Dimension Capital Management, opening a new position worth an estimated $32.7M. The largest seller was State Street, exiting entirely with an estimated $107M sold.
- 162 institutional investors held Bank of America Series L (BAC.PRL) as of Q1 2018, down from 171 in Q4 2017.
- Funds reported $2.34B of Bank of America Series L stock for Q1 2018, down 7.1% quarter-over-quarter.
- 14 funds opened new Bank of America Series L positions in Q1 2018 and 23 closed out, a net change of -9 holders.
- The largest Bank of America Series L buyer in Q1 2018 was Dimension Capital Management, an estimated $32.7M added.
- The largest Bank of America Series L seller in Q1 2018 was State Street, an estimated $107M sold.
Based on aggregated 13F filings for Q1 2018.