Bank of America Series L
BAC.PRL
178 hedge funds and large institutions have $2.52B invested in Bank of America Series L in 2019 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 48 increasing their positions, 38 reducing their positions, and 11 closing their positions.
73% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 11
26% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 38
4% more funds holding
Funds holding: 171 → 178 (+7)
3.53% less ownership
Funds ownership: 98.13% → 94.59% (-3.5%)
10% less funds holding in top 10
Funds holding in top 10: 10 → 9 (-1)
62% less capital inflows, than outflows
Capital inflows: $85.9M | Capital outflows: $228M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
+$15.8M |
| 2 |
JP Morgan Chase
New York
|
+$15.3M |
| 3 |
Credit Suisse
Zurich,
Switzerland
|
+$9.31M |
| 4 |
Mackay Shields LLC
New York
|
+$7.32M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$4.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
-$87M |
| 2 |
Amundi Asset Management US
Boston,
Massachusetts
|
-$78.8M |
| 3 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$39.5M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$7.14M |
| 5 |
SSI Investment Management
Los Angeles,
California
|
-$2.59M |
BAC.PRL Hedge Fund Activity: Q2 2019 in Review
178 of the 4,626 institutional investors tracked by Wall St. Rank reported a position in Bank of America Series L (BAC.PRL) for Q2 2019, worth a combined $2.52B — up 0.97% from $2.5B a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new BAC.PRL positions and 11 closed out — a net gain of 8 holders — while 48 added to existing stakes and 38 trimmed.
The largest buyer was Lazard Asset Management, adding an estimated $15.8M. The largest seller was American Century Companies, cutting an estimated $87M.
- 178 institutional investors held Bank of America Series L (BAC.PRL) as of Q2 2019, up from 171 in Q1 2019.
- Funds reported $2.52B of Bank of America Series L stock for Q2 2019, up 0.97% quarter-over-quarter.
- 19 funds opened new Bank of America Series L positions in Q2 2019 and 11 closed out, a net change of +8 holders.
- The largest Bank of America Series L buyer in Q2 2019 was Lazard Asset Management, an estimated $15.8M added.
- The largest Bank of America Series L seller in Q2 2019 was American Century Companies, an estimated $87M sold.
Based on aggregated 13F filings for Q2 2019.