Bank of America Depository Shares Series LL
BAC.PRN
7 hedge funds and large institutions have $7.05M invested in Bank of America Depository Shares Series LL in 2020 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
24% more capital inflows, than outflows
Capital inflows: $3.01M | Capital outflows: $2.43M
17% more funds holding
Funds holding: 6 → 7 (+1)
0.05% more ownership
Funds ownership: 0.52% → 0.57% (+0.05%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Parnassus Investments
San Francisco,
California
|
+$1.46M |
| 2 |
AAM
AR Asset Management
West Hollywood,
California
|
+$1.01M |
| 3 |
Edge Wealth Management
New York
|
+$495K |
| 4 |
Ancora Advisors
Cleveland,
Ohio
|
+$50.3K |
| 5 |
Sonora Investment Management
Tucson,
Arizona
|
+$3.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Everett Harris & Co
Los Angeles,
California
|
-$2.22M |
| 2 |
Atlantic Union Bankshares
Glen Allen,
Virginia
|
-$207K |
BAC.PRN Hedge Fund Activity: Q1 2020 in Review
7 of the 4,549 institutional investors tracked by Wall St. Rank reported a position in Bank of America Depository Shares Series LL (BAC.PRN) for Q1 2020, worth a combined $7.05M — down 1.5% from $7.15M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new BAC.PRN positions and 2 closed out — a net gain of 1 holder — while 2 added to existing stakes and 0 trimmed.
The largest buyer was Parnassus Investments, adding an estimated $1.46M. The largest seller was Everett Harris & Co, exiting entirely with an estimated $2.22M sold.
- 7 institutional investors held Bank of America Depository Shares Series LL (BAC.PRN) as of Q1 2020, up from 6 in Q4 2019.
- Funds reported $7.05M of Bank of America Depository Shares Series LL stock for Q1 2020, down 1.5% quarter-over-quarter.
- 3 funds opened new Bank of America Depository Shares Series LL positions in Q1 2020 and 2 closed out, a net change of +1 holder.
- The largest Bank of America Depository Shares Series LL buyer in Q1 2020 was Parnassus Investments, an estimated $1.46M added.
- The largest Bank of America Depository Shares Series LL seller in Q1 2020 was Everett Harris & Co, an estimated $2.22M sold.
Based on aggregated 13F filings for Q1 2020.