Bank of America Series L
BAC.PRL
268 hedge funds and large institutions have $2.14B invested in Bank of America Series L in 2026 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 68 increasing their positions, 69 reducing their positions, and 14 closing their positions.
107% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 14
43% more funds holding in top 10
Funds holding in top 10: 7 → 10 (+3)
4% more funds holding
Funds holding: 257 → 268 (+11)
1% less repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 69
7.93% less ownership
Funds ownership: 211.27% → 203.33% (-7.9%)
30% less capital inflows, than outflows
Capital inflows: $295M | Capital outflows: $420M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
+$117M |
| 2 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$44.8M |
| 3 |
Zazove Associates
Incline Village,
Nevada
|
+$34.5M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$12.4M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$11.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
-$81.7M |
| 2 |
Camden Asset Management
Los Angeles,
California
|
-$81.5M |
| 3 |
SA
Stonebridge Advisors
Wilton,
Connecticut
|
-$57.4M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$48.3M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
-$31.7M |
BAC.PRL Hedge Fund Activity: Q1 2026 in Review
268 of the 8,217 institutional investors tracked by Wall St. Rank reported a position in Bank of America Series L (BAC.PRL) for Q1 2026, worth a combined $2.14B — down 5.9% from $2.28B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new BAC.PRL positions and 14 closed out — a net gain of 15 holders — while 68 added to existing stakes and 69 trimmed.
The largest buyer was Two Sigma Investments, opening a new position worth an estimated $117M. The largest seller was Russell Investments Group, cutting an estimated $81.7M.
- 268 institutional investors held Bank of America Series L (BAC.PRL) as of Q1 2026, up from 257 in Q4 2025.
- Funds reported $2.14B of Bank of America Series L stock for Q1 2026, down 5.9% quarter-over-quarter.
- 29 funds opened new Bank of America Series L positions in Q1 2026 and 14 closed out, a net change of +15 holders.
- The largest Bank of America Series L buyer in Q1 2026 was Two Sigma Investments, an estimated $117M added.
- The largest Bank of America Series L seller in Q1 2026 was Russell Investments Group, an estimated $81.7M sold.
Based on aggregated 13F filings for Q1 2026.