Bank of America
BAC
1,982 hedge funds and large institutions have $211B invested in Bank of America in 2017 Q4 according to their latest regulatory filings, with 308 funds opening new positions, 780 increasing their positions, 712 reducing their positions, and 90 closing their positions.
242% more first-time investments, than exits
New positions opened: 308 | Existing positions closed: 90
24% more funds holding in top 10
Funds holding in top 10: 257 → 318 (+61)
15% more capital invested
Capital invested by funds: $184B → $211B (+$27.2B)
11% more funds holding
Funds holding: 1,781 → 1,982 (+201)
10% more repeat investments, than reductions
Existing positions increased: 780 | Existing positions reduced: 712
0.92% less ownership
Funds ownership: 68.82% → 67.9% (-0.92%)
21% less call options, than puts
Call options by funds: $5.15B | Put options by funds: $6.54B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$855M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$785M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$346M |
| 4 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
+$344M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$331M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Korea Investment Corp
Seoul,
South Korea
|
-$1.89B |
| 2 |
Dodge & Cox
San Francisco,
California
|
-$626M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$441M |
| 4 |
Fisher Asset Management
Camas,
Washington
|
-$436M |
| 5 |
SC
Sculptor Capital
New York
|
-$381M |
BAC Hedge Fund Activity: Q4 2017 in Review
1,982 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Bank of America (BAC) for Q4 2017, worth a combined $211B — up 15% from $184B a quarter earlier.
Buyers outnumbered sellers: 308 funds opened new BAC positions and 90 closed out — a net gain of 218 holders — while 780 added to existing stakes and 712 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $855M. The largest seller was Korea Investment Corp, cutting an estimated $1.89B.
- 1,982 institutional investors held Bank of America (BAC) as of Q4 2017, up from 1,781 in Q3 2017.
- Funds reported $211B of Bank of America stock for Q4 2017, up 15% quarter-over-quarter.
- 308 funds opened new Bank of America positions in Q4 2017 and 90 closed out, a net change of +218 holders.
- The largest Bank of America buyer in Q4 2017 was Citadel Advisors, an estimated $855M added.
- The largest Bank of America seller in Q4 2017 was Korea Investment Corp, an estimated $1.89B sold.
Based on aggregated 13F filings for Q4 2017.