Bank of America Series L
BAC.PRL
258 hedge funds and large institutions have $2.23B invested in Bank of America Series L in 2024 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 72 increasing their positions, 74 reducing their positions, and 11 closing their positions.
155% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 11
6% more funds holding
Funds holding: 243 → 258 (+15)
3% less repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 74
9% less funds holding in top 10
Funds holding in top 10: 11 → 10 (-1)
18.93% less ownership
Funds ownership: 311.67% → 292.74% (-19%)
62% less capital inflows, than outflows
Capital inflows: $423M | Capital outflows: $1.11B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
+$235M |
| 2 |
Camden Asset Management
Los Angeles,
California
|
+$22.4M |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
+$20.2M |
| 4 |
Focus Partners Wealth
Boston,
Massachusetts
|
+$18.7M |
| 5 |
Advisors Capital Management
Ridgewood,
New Jersey
|
+$8.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$985M |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$64.9M |
| 3 |
JP Morgan Chase
New York
|
-$12.7M |
| 4 |
State Street
Boston,
Massachusetts
|
-$7.3M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$4.94M |
BAC.PRL Hedge Fund Activity: Q2 2024 in Review
258 of the 6,941 institutional investors tracked by Wall St. Rank reported a position in Bank of America Series L (BAC.PRL) for Q2 2024, worth a combined $2.23B — up 1.7% from $2.19B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new BAC.PRL positions and 11 closed out — a net gain of 17 holders — while 72 added to existing stakes and 74 trimmed.
The largest buyer was Russell Investments Group, adding an estimated $235M. The largest seller was Loomis, Sayles & Company, cutting an estimated $985M.
- 258 institutional investors held Bank of America Series L (BAC.PRL) as of Q2 2024, up from 243 in Q1 2024.
- Funds reported $2.23B of Bank of America Series L stock for Q2 2024, up 1.7% quarter-over-quarter.
- 28 funds opened new Bank of America Series L positions in Q2 2024 and 11 closed out, a net change of +17 holders.
- The largest Bank of America Series L buyer in Q2 2024 was Russell Investments Group, an estimated $235M added.
- The largest Bank of America Series L seller in Q2 2024 was Loomis, Sayles & Company, an estimated $985M sold.
Based on aggregated 13F filings for Q2 2024.