Bank of America Depository Shares Series LL
BAC.PRN
6 hedge funds and large institutions have $4.68M invested in Bank of America Depository Shares Series LL in 2020 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 0 increasing their positions, 1 reducing their positions, and 2 closing their positions.
0.22% less ownership
Funds ownership: 0.57% → 0.35% (-0.22%)
14% less funds holding
Funds holding: 7 → 6 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
100% less capital inflows, than outflows
Capital inflows: $13.2K | Capital outflows: $2.71M
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$13.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Parnassus Investments
San Francisco,
California
|
-$2.63M |
| 2 |
Ancora Advisors
Cleveland,
Ohio
|
-$47K |
| 3 |
Edge Wealth Management
New York
|
-$35.9K |
BAC.PRN Hedge Fund Activity: Q2 2020 in Review
6 of the 4,890 institutional investors tracked by Wall St. Rank reported a position in Bank of America Depository Shares Series LL (BAC.PRN) for Q2 2020, worth a combined $4.68M — down 34% from $7.05M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of BAC.PRN and 1 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 0 added.
The largest buyer was PNC Financial Services Group, opening a new position worth an estimated $13.2K. The largest seller was Parnassus Investments, exiting entirely with an estimated $2.63M sold.
- 6 institutional investors held Bank of America Depository Shares Series LL (BAC.PRN) as of Q2 2020, down from 7 in Q1 2020.
- Funds reported $4.68M of Bank of America Depository Shares Series LL stock for Q2 2020, down 34% quarter-over-quarter.
- 1 fund opened new Bank of America Depository Shares Series LL positions in Q2 2020 and 2 closed out, a net change of -1 holder.
- The largest Bank of America Depository Shares Series LL buyer in Q2 2020 was PNC Financial Services Group, an estimated $13.2K added.
- The largest Bank of America Depository Shares Series LL seller in Q2 2020 was Parnassus Investments, an estimated $2.63M sold.
Based on aggregated 13F filings for Q2 2020.