Bank of America
BAC
1,441 hedge funds and large institutions have $102B invested in Bank of America in 2015 Q3 according to their latest regulatory filings, with 121 funds opening new positions, 635 increasing their positions, 493 reducing their positions, and 88 closing their positions.
185.17% more ownership
Funds ownership: 1,297.05% → 1,482.22% (+185%)
38% more first-time investments, than exits
New positions opened: 121 | Existing positions closed: 88
29% more repeat investments, than reductions
Existing positions increased: 635 | Existing positions reduced: 493
1% more funds holding
Funds holding: 1,423 → 1,441 (+18)
3% less funds holding in top 10
Funds holding in top 10: 156 → 151 (-5)
8% less capital invested
Capital invested by funds: $110B → $102B (-$8.24B)
21% less call options, than puts
Call options by funds: $2.53B | Put options by funds: $3.19B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
abrdn Investment Management
Edinburgh,
United Kingdom
|
+$487M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$408M |
| 3 |
SG Americas Securities
New York
|
+$404M |
| 4 |
Lazard Asset Management
New York
|
+$331M |
| 5 |
Jennison Associates
New York
|
+$270M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Fairholme Capital Management
South Miami,
Florida
|
-$807M |
| 2 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$680M |
| 3 |
Citigroup
New York
|
-$617M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$507M |
| 5 |
IC
Institutional Capital
Chicago,
Illinois
|
-$503M |
BAC Hedge Fund Activity: Q3 2015 in Review
1,441 of the 3,583 institutional investors tracked by Wall St. Rank reported a position in Bank of America (BAC) for Q3 2015, worth a combined $102B — down 7.5% from $110B a quarter earlier.
Buyers outnumbered sellers: 121 funds opened new BAC positions and 88 closed out — a net gain of 33 holders — while 635 added to existing stakes and 493 trimmed.
The largest buyer was abrdn Investment Management, adding an estimated $487M. The largest seller was Fairholme Capital Management, cutting an estimated $807M.
- 1,441 institutional investors held Bank of America (BAC) as of Q3 2015, up from 1,423 in Q2 2015.
- Funds reported $102B of Bank of America stock for Q3 2015, down 7.5% quarter-over-quarter.
- 121 funds opened new Bank of America positions in Q3 2015 and 88 closed out, a net change of +33 holders.
- The largest Bank of America buyer in Q3 2015 was abrdn Investment Management, an estimated $487M added.
- The largest Bank of America seller in Q3 2015 was Fairholme Capital Management, an estimated $807M sold.
Based on aggregated 13F filings for Q3 2015.