Bank of America Series L
BAC.PRL
197 hedge funds and large institutions have $2.05B invested in Bank of America Series L in 2022 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 63 increasing their positions, 44 reducing their positions, and 19 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 44
25% more funds holding in top 10
Funds holding in top 10: 8 → 10 (+2)
5% less funds holding
Funds holding: 207 → 197 (-10)
19.18% less ownership
Funds ownership: 249.54% → 230.36% (-19%)
42% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 19
65% less capital inflows, than outflows
Capital inflows: $396M | Capital outflows: $1.12B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VOYA Investment Management
Atlanta,
Georgia
|
+$265M |
| 2 |
Connectus Wealth
Cincinnati,
Ohio
|
+$23.8M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$13.3M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$8.91M |
| 5 |
Advent Capital Management
New York
|
+$8.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
-$804M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$246M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$13.3M |
| 4 |
Everett Harris & Co
Los Angeles,
California
|
-$8.11M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$7.51M |
BAC.PRL Hedge Fund Activity: Q3 2022 in Review
197 of the 5,831 institutional investors tracked by Wall St. Rank reported a position in Bank of America Series L (BAC.PRL) for Q3 2022, worth a combined $2.05B — up 1.3% from $2.02B a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of BAC.PRL and 11 opened new positions — a net loss of 8 holders — while 44 trimmed existing stakes and 63 added.
The largest buyer was VOYA Investment Management, adding an estimated $265M. The largest seller was Russell Investments Group, cutting an estimated $804M.
- 197 institutional investors held Bank of America Series L (BAC.PRL) as of Q3 2022, down from 207 in Q2 2022.
- Funds reported $2.05B of Bank of America Series L stock for Q3 2022, up 1.3% quarter-over-quarter.
- 11 funds opened new Bank of America Series L positions in Q3 2022 and 19 closed out, a net change of -8 holders.
- The largest Bank of America Series L buyer in Q3 2022 was VOYA Investment Management, an estimated $265M added.
- The largest Bank of America Series L seller in Q3 2022 was Russell Investments Group, an estimated $804M sold.
Based on aggregated 13F filings for Q3 2022.