Bank of America
BAC
1,340 hedge funds and large institutions have $108B invested in Bank of America in 2014 Q1 according to their latest regulatory filings, with 96 funds opening new positions, 563 increasing their positions, 521 reducing their positions, and 67 closing their positions.
257.07% more ownership
Funds ownership: 858.66% → 1,115.72% (+257%)
43% more first-time investments, than exits
New positions opened: 96 | Existing positions closed: 67
23% more funds holding in top 10
Funds holding in top 10: 119 → 146 (+27)
9% more capital invested
Capital invested by funds: $99.1B → $108B (+$9.24B)
8% more repeat investments, than reductions
Existing positions increased: 563 | Existing positions reduced: 521
1% more funds holding
Funds holding: 1,329 → 1,340 (+11)
15% less call options, than puts
Call options by funds: $1.96B | Put options by funds: $2.3B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$683M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$569M |
| 3 |
IG
ING Group
Amsterdam,
Netherlands
|
+$359M |
| 4 |
OTPPB
Ontario Teachers' Pension Plan Board
Toronto,
Ontario, Canada
|
+$346M |
| 5 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$343M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$756M |
| 2 |
Citigroup
New York
|
-$455M |
| 3 |
Viking Global Investors
Stamford,
Connecticut
|
-$431M |
| 4 |
D.E. Shaw & Co
New York
|
-$405M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$353M |
BAC Hedge Fund Activity: Q1 2014 in Review
1,340 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Bank of America (BAC) for Q1 2014, worth a combined $108B — up 9.3% from $99.1B a quarter earlier.
Buyers outnumbered sellers: 96 funds opened new BAC positions and 67 closed out — a net gain of 29 holders — while 563 added to existing stakes and 521 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $683M. The largest seller was Capital World Investors, cutting an estimated $756M.
- 1,340 institutional investors held Bank of America (BAC) as of Q1 2014, up from 1,329 in Q4 2013.
- Funds reported $108B of Bank of America stock for Q1 2014, up 9.3% quarter-over-quarter.
- 96 funds opened new Bank of America positions in Q1 2014 and 67 closed out, a net change of +29 holders.
- The largest Bank of America buyer in Q1 2014 was Fidelity Investments, an estimated $683M added.
- The largest Bank of America seller in Q1 2014 was Capital World Investors, an estimated $756M sold.
Based on aggregated 13F filings for Q1 2014.