Bank of America Series L
BAC.PRL
257 hedge funds and large institutions have $2.28B invested in Bank of America Series L in 2025 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 73 increasing their positions, 70 reducing their positions, and 18 closing their positions.
6% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 18
4% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 70
1% less funds holding
Funds holding: 259 → 257 (-2)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
97% less capital inflows, than outflows
Capital inflows: $303M | Capital outflows: $10.7B
271.13% less ownership
Funds ownership: 482.4% → 211.27% (-271%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SA
Stonebridge Advisors
Wilton,
Connecticut
|
+$177M |
| 2 |
CL
CSS LLC
Chicago,
Illinois
|
+$25.2M |
| 3 |
PH
Pinnacle Holdings
Tulsa,
Oklahoma
|
+$12.6M |
| 4 |
Camden Asset Management
Los Angeles,
California
|
+$12.2M |
| 5 |
BlackRock
New York
|
+$7.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$10.4B |
| 2 |
Russell Investments Group
London,
United Kingdom
|
-$184M |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
-$31.8M |
| 4 |
Advent Capital Management
New York
|
-$24.2M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$17.5M |
BAC.PRL Hedge Fund Activity: Q4 2025 in Review
257 of the 8,293 institutional investors tracked by Wall St. Rank reported a position in Bank of America Series L (BAC.PRL) for Q4 2025, worth a combined $2.28B — down 18% from $2.77B a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new BAC.PRL positions and 18 closed out — a net gain of 1 holder — while 73 added to existing stakes and 70 trimmed.
The largest buyer was Stonebridge Advisors, adding an estimated $177M. The largest seller was Franklin Resources, cutting an estimated $10.4B.
- 257 institutional investors held Bank of America Series L (BAC.PRL) as of Q4 2025, down from 259 in Q3 2025.
- Funds reported $2.28B of Bank of America Series L stock for Q4 2025, down 18% quarter-over-quarter.
- 19 funds opened new Bank of America Series L positions in Q4 2025 and 18 closed out, a net change of +1 holder.
- The largest Bank of America Series L buyer in Q4 2025 was Stonebridge Advisors, an estimated $177M added.
- The largest Bank of America Series L seller in Q4 2025 was Franklin Resources, an estimated $10.4B sold.
Based on aggregated 13F filings for Q4 2025.