Bank of America
BAC
2,018 hedge funds and large institutions have $203B invested in Bank of America in 2018 Q3 according to their latest regulatory filings, with 113 funds opening new positions, 745 increasing their positions, 900 reducing their positions, and 81 closing their positions.
40% more first-time investments, than exits
New positions opened: 113 | Existing positions closed: 81
1% more funds holding
Funds holding: 2,003 → 2,018 (+15)
0.15% more ownership
Funds ownership: 67.31% → 67.46% (+0.15%)
9% less capital invested
Capital invested by funds: $224B → $203B (-$21.2B)
11% less funds holding in top 10
Funds holding in top 10: 241 → 214 (-27)
17% less repeat investments, than reductions
Existing positions increased: 745 | Existing positions reduced: 900
26% less call options, than puts
Call options by funds: $3.64B | Put options by funds: $4.91B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Berkshire Hathaway
Omaha,
Nebraska
|
+$6.04B |
| 2 |
State Street
Boston,
Massachusetts
|
+$194M |
| 3 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
+$126M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
+$122M |
| 5 |
GQG Partners
Ft. Lauderdale,
Florida
|
+$118M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$1.2B |
| 2 |
Dodge & Cox
San Francisco,
California
|
-$586M |
| 3 |
Eagle Capital Management (New York)
New York
|
-$424M |
| 4 |
Goldman Sachs
New York
|
-$391M |
| 5 |
Mitsubishi UFJ Trust & Banking
Tokyo,
Japan
|
-$390M |
BAC Hedge Fund Activity: Q3 2018 in Review
2,018 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Bank of America (BAC) for Q3 2018, worth a combined $203B — down 9.5% from $224B a quarter earlier.
Buyers outnumbered sellers: 113 funds opened new BAC positions and 81 closed out — a net gain of 32 holders — while 745 added to existing stakes and 900 trimmed.
The largest buyer was Berkshire Hathaway, adding an estimated $6.04B. The largest seller was BlackRock, cutting an estimated $1.2B.
- 2,018 institutional investors held Bank of America (BAC) as of Q3 2018, up from 2,003 in Q2 2018.
- Funds reported $203B of Bank of America stock for Q3 2018, down 9.5% quarter-over-quarter.
- 113 funds opened new Bank of America positions in Q3 2018 and 81 closed out, a net change of +32 holders.
- The largest Bank of America buyer in Q3 2018 was Berkshire Hathaway, an estimated $6.04B added.
- The largest Bank of America seller in Q3 2018 was BlackRock, an estimated $1.2B sold.
Based on aggregated 13F filings for Q3 2018.