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Bank of America

2,919 hedge funds and large institutions have $214B invested in Bank of America in 2024 Q1 according to their latest regulatory filings, with 234 funds opening new positions, 1,101 increasing their positions, 1,272 reducing their positions, and 130 closing their positions.

New
Increased
Maintained
Reduced
Closed

80% more first-time investments, than exits

New positions opened: 234 | Existing positions closed: 130

11% more capital invested

Capital invested by funds: $192B → $214B (+$21.7B)

2% more funds holding

Funds holding: 2,8552,919 (+64)

0.41% less ownership

Funds ownership: 72.01%71.6% (-0.41%)

4% less funds holding in top 10

Funds holding in top 10: 112108 (-4)

13% less repeat investments, than reductions

Existing positions increased: 1,101 | Existing positions reduced: 1,272

37% less call options, than puts

Call options by funds: $5.09B | Put options by funds: $8.11B

Holders
2,919
Holders Change
+64
Holders Change %
+2.24%
% of All Funds
42.04%
Holding in Top 10
108
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-3.57%
% of All Funds
1.56%
New
234
Increased
1,101
Reduced
1,272
Closed
130
Calls
$5.09B
Puts
$8.11B
Net Calls
-$3.02B
Net Calls Change
-$503M
Name Holding Trade Value Shares
Change
Change in
Stake
Dimensional Fund Advisors
26
Dimensional Fund Advisors
Texas
$1.33B -$22M -639,695 -2%
Lazard Asset Management
27
Lazard Asset Management
New York
$1.16B -$16.8M -488,787 -2%
N
28
Nuveen
North Carolina
$1.15B -$81.2M -2,366,866 -7%
Wells Fargo
29
Wells Fargo
California
$1.12B +$159M +4,624,548 +19%
UBS AM
30
UBS AM
Illinois
$1.09B -$45.5M -1,325,547 -4%
Citadel Advisors
31
Citadel Advisors
Florida
$1.07B +$770M +22,434,948 +389%
Barclays
32
Barclays
United Kingdom
$1.02B +$229M +6,678,876 +33%
Bank of Montreal
33
Bank of Montreal
Ontario, Canada
$918M -$108M -3,133,100 -11%
California Public Employees Retirement System
34
California Public Employees Retirement System
California
$865M +$9.14M +266,318 +1%
UBS Group
35
UBS Group
Switzerland
$863M +$134M +3,908,870 +21%
Pzena Investment Management
36
Pzena Investment Management
New York
$814M +$32.8M +954,885 +5%
Arrowstreet Capital
37
Arrowstreet Capital
Massachusetts
$795M -$169M -4,917,121 -19%
AllianceBernstein
38
AllianceBernstein
Tennessee
$795M -$80.5M -2,345,946 -10%
VOYA Investment Management
39
VOYA Investment Management
Georgia
$790M +$370M +10,788,921 +107%
Deutsche Bank
40
Deutsche Bank
Germany
$788M +$76.9M +2,239,858 +12%
Amundi
41
Amundi
France
$758M -$149M -4,352,603 -17%
Wellington Management Group
42
Wellington Management Group
Massachusetts
$758M +$1.53M +44,531 +0.2%
Diamond Hill Capital Management
43
Diamond Hill Capital Management
Ohio
$688M +$5.32M +154,901 +0.9%
HCM
44
Himalaya Capital Management
Washington
$686M
Massachusetts Financial Services
45
Massachusetts Financial Services
Massachusetts
$677M -$25M -727,852 -4%
HSBC Holdings
46
HSBC Holdings
United Kingdom
$671M -$130M -3,783,510 -18%
Sumitomo Mitsui Trust Group
47
Sumitomo Mitsui Trust Group
Japan
$649M -$3.54M -103,189 -0.6%
BNP Paribas Financial Markets
48
BNP Paribas Financial Markets
France
$615M +$167M +4,874,235 +43%
Bessemer Group
49
Bessemer Group
New Jersey
$608M -$4.7M -136,795 -0.8%
AIM
50
Alphinity Investment Management
Australia
$579M +$40.8M +1,187,152 +8%

BAC Hedge Fund Activity: Q1 2024 in Review

2,919 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Bank of America (BAC) for Q1 2024, worth a combined $214B — up 11% from $192B a quarter earlier.

Buyers outnumbered sellers: 234 funds opened new BAC positions and 130 closed out — a net gain of 104 holders — while 1,101 added to existing stakes and 1,272 trimmed.

The largest buyer was Vanguard Group, adding an estimated $1.24B. The largest seller was Morgan Stanley, cutting an estimated $3.87B.

  • 2,919 institutional investors held Bank of America (BAC) as of Q1 2024, up from 2,855 in Q4 2023.
  • Funds reported $214B of Bank of America stock for Q1 2024, up 11% quarter-over-quarter.
  • 234 funds opened new Bank of America positions in Q1 2024 and 130 closed out, a net change of +104 holders.
  • The largest Bank of America buyer in Q1 2024 was Vanguard Group, an estimated $1.24B added.
  • The largest Bank of America seller in Q1 2024 was Morgan Stanley, an estimated $3.87B sold.

Based on aggregated 13F filings for Q1 2024.