Bank of America Series L
BAC.PRL
216 hedge funds and large institutions have $2.1B invested in Bank of America Series L in 2023 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 57 increasing their positions, 60 reducing their positions, and 22 closing their positions.
1,086% more capital inflows, than outflows
Capital inflows: $3.49B | Capital outflows: $294M
86.46% more ownership
Funds ownership: 249.74% → 336.19% (+86%)
32% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 22
1% more funds holding
Funds holding: 213 → 216 (+3)
5% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 60
20% less funds holding in top 10
Funds holding in top 10: 10 → 8 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$3.4B |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$21.2M |
| 3 |
Calamos Advisors
Naperville,
Illinois
|
+$14.4M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$7.02M |
| 5 |
St. Denis J. Villere & Co
New Orleans,
Louisiana
|
+$6.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
-$179M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$15.5M |
| 3 |
Amundi
Paris,
France
|
-$12.1M |
| 4 |
Pier 88 Investment Partners
San Francisco,
California
|
-$11.4M |
| 5 |
State Street
Boston,
Massachusetts
|
-$11.3M |
BAC.PRL Hedge Fund Activity: Q1 2023 in Review
216 of the 6,289 institutional investors tracked by Wall St. Rank reported a position in Bank of America Series L (BAC.PRL) for Q1 2023, worth a combined $2.1B — up 3.6% from $2.03B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new BAC.PRL positions and 22 closed out — a net gain of 7 holders — while 57 added to existing stakes and 60 trimmed.
The largest buyer was Loomis, Sayles & Company, opening a new position worth an estimated $3.4B. The largest seller was Russell Investments Group, cutting an estimated $179M.
- 216 institutional investors held Bank of America Series L (BAC.PRL) as of Q1 2023, up from 213 in Q4 2022.
- Funds reported $2.1B of Bank of America Series L stock for Q1 2023, up 3.6% quarter-over-quarter.
- 29 funds opened new Bank of America Series L positions in Q1 2023 and 22 closed out, a net change of +7 holders.
- The largest Bank of America Series L buyer in Q1 2023 was Loomis, Sayles & Company, an estimated $3.4B added.
- The largest Bank of America Series L seller in Q1 2023 was Russell Investments Group, an estimated $179M sold.
Based on aggregated 13F filings for Q1 2023.