Bank of America Series L
BAC.PRL
210 hedge funds and large institutions have $2.65B invested in Bank of America Series L in 2020 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 49 increasing their positions, 57 reducing their positions, and 8 closing their positions.
188% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 8
71% more capital inflows, than outflows
Capital inflows: $293M | Capital outflows: $172M
9% more funds holding in top 10
Funds holding in top 10: 11 → 12 (+1)
7% more funds holding
Funds holding: 197 → 210 (+13)
2.64% more ownership
Funds ownership: 111.88% → 114.51% (+2.6%)
14% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 57
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$108M |
| 2 |
Lombard Odier Asset Management (Europe)
London,
United Kingdom
|
+$54.7M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$23.5M |
| 4 |
Spectrum Asset Management (Connecticut)
Stamford,
Connecticut
|
+$16.3M |
| 5 |
BlackRock
New York
|
+$13.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$41.7M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$34M |
| 3 |
Credit Suisse
Zurich,
Switzerland
|
-$27.8M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$13.2M |
| 5 |
Franklin Resources
San Mateo,
California
|
-$11.1M |
BAC.PRL Hedge Fund Activity: Q3 2020 in Review
210 of the 4,972 institutional investors tracked by Wall St. Rank reported a position in Bank of America Series L (BAC.PRL) for Q3 2020, worth a combined $2.65B — up 9.6% from $2.41B a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new BAC.PRL positions and 8 closed out — a net gain of 15 holders — while 49 added to existing stakes and 57 trimmed.
The largest buyer was Loomis, Sayles & Company, adding an estimated $108M. The largest seller was Fidelity Investments, cutting an estimated $41.7M.
- 210 institutional investors held Bank of America Series L (BAC.PRL) as of Q3 2020, up from 197 in Q2 2020.
- Funds reported $2.65B of Bank of America Series L stock for Q3 2020, up 9.6% quarter-over-quarter.
- 23 funds opened new Bank of America Series L positions in Q3 2020 and 8 closed out, a net change of +15 holders.
- The largest Bank of America Series L buyer in Q3 2020 was Loomis, Sayles & Company, an estimated $108M added.
- The largest Bank of America Series L seller in Q3 2020 was Fidelity Investments, an estimated $41.7M sold.
Based on aggregated 13F filings for Q3 2020.