Bank of America Series L
BAC.PRL
213 hedge funds and large institutions have $2.03B invested in Bank of America Series L in 2022 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 59 increasing their positions, 52 reducing their positions, and 20 closing their positions.
219% more capital inflows, than outflows
Capital inflows: $1.04B | Capital outflows: $325M
95% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 20
19.38% more ownership
Funds ownership: 230.36% → 249.74% (+19%)
13% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 52
8% more funds holding
Funds holding: 197 → 213 (+16)
0% more funds holding in top 10
Funds holding in top 10: 10 → 10 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
+$806M |
| 2 |
Valeo Financial Advisors
Carmel,
Indiana
|
+$111M |
| 3 |
Camden Asset Management
Los Angeles,
California
|
+$26.2M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$11.5M |
| 5 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$10.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Advent Capital Management
New York
|
-$191M |
| 2 |
Connectus Wealth
Cincinnati,
Ohio
|
-$22.7M |
| 3 |
Amundi
Paris,
France
|
-$22.3M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
-$18M |
| 5 |
BlackRock
New York
|
-$14.2M |
BAC.PRL Hedge Fund Activity: Q4 2022 in Review
213 of the 6,242 institutional investors tracked by Wall St. Rank reported a position in Bank of America Series L (BAC.PRL) for Q4 2022, worth a combined $2.03B — down 1.1% from $2.05B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new BAC.PRL positions and 20 closed out — a net gain of 19 holders — while 59 added to existing stakes and 52 trimmed.
The largest buyer was Russell Investments Group, adding an estimated $806M. The largest seller was Advent Capital Management, exiting entirely with an estimated $191M sold.
- 213 institutional investors held Bank of America Series L (BAC.PRL) as of Q4 2022, up from 197 in Q3 2022.
- Funds reported $2.03B of Bank of America Series L stock for Q4 2022, down 1.1% quarter-over-quarter.
- 39 funds opened new Bank of America Series L positions in Q4 2022 and 20 closed out, a net change of +19 holders.
- The largest Bank of America Series L buyer in Q4 2022 was Russell Investments Group, an estimated $806M added.
- The largest Bank of America Series L seller in Q4 2022 was Advent Capital Management, an estimated $191M sold.
Based on aggregated 13F filings for Q4 2022.