Bank of America Series L
BAC.PRL
193 hedge funds and large institutions have $2.39B invested in Bank of America Series L in 2020 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 64 increasing their positions, 40 reducing their positions, and 21 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 40
50% more funds holding in top 10
Funds holding in top 10: 10 → 15 (+5)
12% more capital inflows, than outflows
Capital inflows: $245M | Capital outflows: $219M
0.52% more ownership
Funds ownership: 80.77% → 81.29% (+0.52%)
4% less funds holding
Funds holding: 202 → 193 (-9)
19% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lombard Odier Asset Management (Europe)
London,
United Kingdom
|
+$69.4M |
| 2 |
Advent Capital Management
New York
|
+$34.7M |
| 3 |
Camden Asset Management
Los Angeles,
California
|
+$28.6M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$11.5M |
| 5 |
SG Americas Securities
New York
|
+$7.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$80.6M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$45.9M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$32.9M |
| 4 |
State Street
Boston,
Massachusetts
|
-$15.4M |
| 5 |
JP Morgan Chase
New York
|
-$7.02M |
BAC.PRL Hedge Fund Activity: Q1 2020 in Review
193 of the 4,549 institutional investors tracked by Wall St. Rank reported a position in Bank of America Series L (BAC.PRL) for Q1 2020, worth a combined $2.39B — down 12% from $2.72B a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of BAC.PRL and 17 opened new positions — a net loss of 4 holders — while 40 trimmed existing stakes and 64 added.
The largest buyer was Lombard Odier Asset Management (Europe), adding an estimated $69.4M. The largest seller was Franklin Resources, cutting an estimated $80.6M.
- 193 institutional investors held Bank of America Series L (BAC.PRL) as of Q1 2020, down from 202 in Q4 2019.
- Funds reported $2.39B of Bank of America Series L stock for Q1 2020, down 12% quarter-over-quarter.
- 17 funds opened new Bank of America Series L positions in Q1 2020 and 21 closed out, a net change of -4 holders.
- The largest Bank of America Series L buyer in Q1 2020 was Lombard Odier Asset Management (Europe), an estimated $69.4M added.
- The largest Bank of America Series L seller in Q1 2020 was Franklin Resources, an estimated $80.6M sold.
Based on aggregated 13F filings for Q1 2020.