Bank of America Series L
BAC.PRL
192 hedge funds and large institutions have $2.21B invested in Bank of America Series L in 2022 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 45 increasing their positions, 54 reducing their positions, and 31 closing their positions.
40% more capital inflows, than outflows
Capital inflows: $349M | Capital outflows: $248M
4% less funds holding
Funds holding: 201 → 192 (-9)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
17% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 54
23% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 31
264.82% less ownership
Funds ownership: 318.53% → 53.71% (-265%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$84.2M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$56.6M |
| 3 |
Amundi
Paris,
France
|
+$37.3M |
| 4 |
Lombard Odier Asset Management (Europe)
London,
United Kingdom
|
+$20.6M |
| 5 |
First Eagle Investment Management
New York
|
+$20M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Verition Fund Management
Greenwich,
Connecticut
|
-$79M |
| 2 |
BlackRock
New York
|
-$22.1M |
| 3 |
Pier 88 Investment Partners
San Francisco,
California
|
-$21.1M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$15.2M |
| 5 |
State Street
Boston,
Massachusetts
|
-$14.4M |
BAC.PRL Hedge Fund Activity: Q1 2022 in Review
192 of the 6,363 institutional investors tracked by Wall St. Rank reported a position in Bank of America Series L (BAC.PRL) for Q1 2022, worth a combined $2.21B — down 4.9% from $2.32B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of BAC.PRL and 24 opened new positions — a net loss of 7 holders — while 54 trimmed existing stakes and 45 added.
The largest buyer was Allianz Asset Management, adding an estimated $84.2M. The largest seller was Verition Fund Management, exiting entirely with an estimated $79M sold.
- 192 institutional investors held Bank of America Series L (BAC.PRL) as of Q1 2022, down from 201 in Q4 2021.
- Funds reported $2.21B of Bank of America Series L stock for Q1 2022, down 4.9% quarter-over-quarter.
- 24 funds opened new Bank of America Series L positions in Q1 2022 and 31 closed out, a net change of -7 holders.
- The largest Bank of America Series L buyer in Q1 2022 was Allianz Asset Management, an estimated $84.2M added.
- The largest Bank of America Series L seller in Q1 2022 was Verition Fund Management, an estimated $79M sold.
Based on aggregated 13F filings for Q1 2022.