Bank of America
BAC
2,855 hedge funds and large institutions have $192B invested in Bank of America in 2023 Q4 according to their latest regulatory filings, with 411 funds opening new positions, 923 increasing their positions, 1,281 reducing their positions, and 133 closing their positions.
209% more first-time investments, than exits
New positions opened: 411 | Existing positions closed: 133
47% more funds holding in top 10
Funds holding in top 10: 76 → 112 (+36)
26% more capital invested
Capital invested by funds: $152B → $192B (+$39.3B)
9% more funds holding
Funds holding: 2,615 → 2,855 (+240)
2.65% more ownership
Funds ownership: 69.36% → 72.01% (+2.7%)
28% less repeat investments, than reductions
Existing positions increased: 923 | Existing positions reduced: 1,281
30% less call options, than puts
Call options by funds: $5.82B | Put options by funds: $8.34B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.16B |
| 2 |
Norges Bank
Oslo,
Norway
|
+$880M |
| 3 |
DZ Bank
Frankfurt Am Main,
Germany
|
+$850M |
| 4 |
AIM
Alphinity Investment Management
Sydney,
Australia
|
+$375M |
| 5 |
State Street
Boston,
Massachusetts
|
+$352M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QP
Quilter Plc
London,
United Kingdom
|
-$1.57B |
| 2 |
Barclays
London,
United Kingdom
|
-$615M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
-$368M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$351M |
| 5 |
National Bank of Canada
Montreal,
Quebec, Canada
|
-$350M |
BAC Hedge Fund Activity: Q4 2023 in Review
2,855 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in Bank of America (BAC) for Q4 2023, worth a combined $192B — up 26% from $152B a quarter earlier.
Buyers outnumbered sellers: 411 funds opened new BAC positions and 133 closed out — a net gain of 278 holders — while 923 added to existing stakes and 1,281 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $3.16B. The largest seller was Quilter Plc, exiting entirely with an estimated $1.57B sold.
- 2,855 institutional investors held Bank of America (BAC) as of Q4 2023, up from 2,615 in Q3 2023.
- Funds reported $192B of Bank of America stock for Q4 2023, up 26% quarter-over-quarter.
- 411 funds opened new Bank of America positions in Q4 2023 and 133 closed out, a net change of +278 holders.
- The largest Bank of America buyer in Q4 2023 was Morgan Stanley, an estimated $3.16B added.
- The largest Bank of America seller in Q4 2023 was Quilter Plc, an estimated $1.57B sold.
Based on aggregated 13F filings for Q4 2023.