Bank of America Series L
BAC.PRL
186 hedge funds and large institutions have $2.83B invested in Bank of America Series L in 2019 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 48 increasing their positions, 43 reducing their positions, and 13 closing their positions.
69% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 13
12% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 43
4% more funds holding
Funds holding: 178 → 186 (+8)
0% more funds holding in top 10
Funds holding in top 10: 9 → 9 (0)
12.76% less ownership
Funds ownership: 94.59% → 81.83% (-13%)
64% less capital inflows, than outflows
Capital inflows: $319M | Capital outflows: $880M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$202M |
| 2 |
Mackay Shields LLC
New York
|
+$29.6M |
| 3 |
Camden Asset Management
Los Angeles,
California
|
+$19.8M |
| 4 |
Advent Capital Management
New York
|
+$16.8M |
| 5 |
Credit Suisse
Zurich,
Switzerland
|
+$12.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$715M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$114M |
| 3 |
Calamos Advisors
Naperville,
Illinois
|
-$9.06M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$5.44M |
| 5 |
Jane Street
New York
|
-$3.74M |
BAC.PRL Hedge Fund Activity: Q3 2019 in Review
186 of the 4,576 institutional investors tracked by Wall St. Rank reported a position in Bank of America Series L (BAC.PRL) for Q3 2019, worth a combined $2.83B — up 12% from $2.52B a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new BAC.PRL positions and 13 closed out — a net gain of 9 holders — while 48 added to existing stakes and 43 trimmed.
The largest buyer was BlackRock, opening a new position worth an estimated $202M. The largest seller was Loomis, Sayles & Company, cutting an estimated $715M.
- 186 institutional investors held Bank of America Series L (BAC.PRL) as of Q3 2019, up from 178 in Q2 2019.
- Funds reported $2.83B of Bank of America Series L stock for Q3 2019, up 12% quarter-over-quarter.
- 22 funds opened new Bank of America Series L positions in Q3 2019 and 13 closed out, a net change of +9 holders.
- The largest Bank of America Series L buyer in Q3 2019 was BlackRock, an estimated $202M added.
- The largest Bank of America Series L seller in Q3 2019 was Loomis, Sayles & Company, an estimated $715M sold.
Based on aggregated 13F filings for Q3 2019.