Bank of America Series L
BAC.PRL
164 hedge funds and large institutions have $2.09B invested in Bank of America Series L in 2018 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 44 increasing their positions, 38 reducing their positions, and 10 closing their positions.
20% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 10
16% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 38
1% more funds holding
Funds holding: 162 → 164 (+2)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
1.58% less ownership
Funds ownership: 98.02% → 96.44% (-1.6%)
15% less capital inflows, than outflows
Capital inflows: $131M | Capital outflows: $154M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$56M |
| 2 |
Oxbow Advisors
Austin,
Texas
|
+$11M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$9.34M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$7.49M |
| 5 |
Advent Capital Management
New York
|
+$6.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$127M |
| 2 |
Camden Asset Management
Los Angeles,
California
|
-$8.83M |
| 3 |
Amundi Asset Management US
Boston,
Massachusetts
|
-$3.42M |
| 4 |
Guggenheim Capital
Chicago,
Illinois
|
-$3.41M |
| 5 |
Curi RMB Capital
Chicago,
Illinois
|
-$2.85M |
BAC.PRL Hedge Fund Activity: Q2 2018 in Review
164 of the 4,386 institutional investors tracked by Wall St. Rank reported a position in Bank of America Series L (BAC.PRL) for Q2 2018, worth a combined $2.09B — down 10% from $2.34B a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new BAC.PRL positions and 10 closed out — a net gain of 2 holders — while 44 added to existing stakes and 38 trimmed.
The largest buyer was Allianz Asset Management, adding an estimated $56M. The largest seller was Franklin Resources, cutting an estimated $127M.
- 164 institutional investors held Bank of America Series L (BAC.PRL) as of Q2 2018, up from 162 in Q1 2018.
- Funds reported $2.09B of Bank of America Series L stock for Q2 2018, down 10% quarter-over-quarter.
- 12 funds opened new Bank of America Series L positions in Q2 2018 and 10 closed out, a net change of +2 holders.
- The largest Bank of America Series L buyer in Q2 2018 was Allianz Asset Management, an estimated $56M added.
- The largest Bank of America Series L seller in Q2 2018 was Franklin Resources, an estimated $127M sold.
Based on aggregated 13F filings for Q2 2018.