Bank of America Series L
BAC.PRL
202 hedge funds and large institutions have $2.72B invested in Bank of America Series L in 2019 Q4 according to their latest regulatory filings, with 38 funds opening new positions, 40 increasing their positions, 48 reducing their positions, and 21 closing their positions.
81% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 21
11% more funds holding in top 10
Funds holding in top 10: 9 → 10 (+1)
9% more funds holding
Funds holding: 186 → 202 (+16)
1.06% less ownership
Funds ownership: 81.83% → 80.77% (-1.1%)
17% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 48
26% less capital inflows, than outflows
Capital inflows: $136M | Capital outflows: $184M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$27.2M |
| 2 |
Credit Suisse
Zurich,
Switzerland
|
+$14.1M |
| 3 |
Advent Capital Management
New York
|
+$12.3M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$7.21M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$7.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
-$41.2M |
| 2 |
Mackay Shields LLC
New York
|
-$35.6M |
| 3 |
JP Morgan Chase
New York
|
-$16.6M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$16M |
| 5 |
Camden Asset Management
Los Angeles,
California
|
-$15M |
BAC.PRL Hedge Fund Activity: Q4 2019 in Review
202 of the 5,094 institutional investors tracked by Wall St. Rank reported a position in Bank of America Series L (BAC.PRL) for Q4 2019, worth a combined $2.72B — down 3.9% from $2.83B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new BAC.PRL positions and 21 closed out — a net gain of 17 holders — while 40 added to existing stakes and 48 trimmed.
The largest buyer was BlackRock, adding an estimated $27.2M. The largest seller was American Century Companies, cutting an estimated $41.2M.
- 202 institutional investors held Bank of America Series L (BAC.PRL) as of Q4 2019, up from 186 in Q3 2019.
- Funds reported $2.72B of Bank of America Series L stock for Q4 2019, down 3.9% quarter-over-quarter.
- 38 funds opened new Bank of America Series L positions in Q4 2019 and 21 closed out, a net change of +17 holders.
- The largest Bank of America Series L buyer in Q4 2019 was BlackRock, an estimated $27.2M added.
- The largest Bank of America Series L seller in Q4 2019 was American Century Companies, an estimated $41.2M sold.
Based on aggregated 13F filings for Q4 2019.