Bank of America Series L
BAC.PRL
173 hedge funds and large institutions have $2.39B invested in Bank of America Series L in 2018 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 41 increasing their positions, 42 reducing their positions, and 12 closing their positions.
133% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 12
53% more capital inflows, than outflows
Capital inflows: $458M | Capital outflows: $300M
43% more funds holding in top 10
Funds holding in top 10: 7 → 10 (+3)
9% more funds holding
Funds holding: 158 → 173 (+15)
1.87% more ownership
Funds ownership: 99.88% → 101.75% (+1.9%)
2% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 42
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiduciary Trust International of Pennsylvania
Radnor,
Pennsylvania
|
+$121M |
| 2 |
State Street
Boston,
Massachusetts
|
+$106M |
| 3 |
Mackay Shields LLC
New York
|
+$41.4M |
| 4 |
Advent Capital Management
New York
|
+$33.3M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$21.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCA
Harbour Capital Advisors
Tysons Corner,
Virginia
|
-$96.9M |
| 2 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$87.3M |
| 3 |
Amundi Asset Management US
Boston,
Massachusetts
|
-$57.4M |
| 4 |
Camden Asset Management
Los Angeles,
California
|
-$17.5M |
| 5 |
Franklin Resources
San Mateo,
California
|
-$12.7M |
BAC.PRL Hedge Fund Activity: Q4 2018 in Review
173 of the 4,506 institutional investors tracked by Wall St. Rank reported a position in Bank of America Series L (BAC.PRL) for Q4 2018, worth a combined $2.39B — up 3.3% from $2.31B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new BAC.PRL positions and 12 closed out — a net gain of 16 holders — while 41 added to existing stakes and 42 trimmed.
The largest buyer was Fiduciary Trust International of Pennsylvania, opening a new position worth an estimated $121M. The largest seller was Harbour Capital Advisors, cutting an estimated $96.9M.
- 173 institutional investors held Bank of America Series L (BAC.PRL) as of Q4 2018, up from 158 in Q3 2018.
- Funds reported $2.39B of Bank of America Series L stock for Q4 2018, up 3.3% quarter-over-quarter.
- 28 funds opened new Bank of America Series L positions in Q4 2018 and 12 closed out, a net change of +16 holders.
- The largest Bank of America Series L buyer in Q4 2018 was Fiduciary Trust International of Pennsylvania, an estimated $121M added.
- The largest Bank of America Series L seller in Q4 2018 was Harbour Capital Advisors, an estimated $96.9M sold.
Based on aggregated 13F filings for Q4 2018.