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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
Principal Financial Group
51
Principal Financial Group
Iowa
$574M -$2.94M -85,786 -0.6%
Canada Pension Plan Investment Board
52
Canada Pension Plan Investment Board
Ontario, Canada
$551M -$61.6M -1,795,496 -11%
Citigroup
53
Citigroup
New York
$540M +$87.1M +2,536,932 +22%
RhumbLine Advisers
54
RhumbLine Advisers
Massachusetts
$522M +$1.5M +43,692 +0.3%
ClearBridge Investments
55
ClearBridge Investments
New York
$499M +$127M +3,696,948 +39%
APG Asset Management
56
APG Asset Management
Netherlands
$494M -$6.81M -198,489 -1%
National Pension Service
57
National Pension Service
South Korea
$439M +$4.62M +134,651 +1%
California State Teachers Retirement System (CalSTRS)
58
California State Teachers Retirement System (CalSTRS)
California
$435M +$884K +25,752 +0.2%
Neuberger Berman Group
59
Neuberger Berman Group
New York
$421M -$6.56M -191,225 -2%
Primecap Management
60
Primecap Management
California
$415M -$34.8M -1,013,900 -8%
Bank of America
61
Bank of America
North Carolina
$410M +$42.1M +1,227,271 +13%
New York State Common Retirement Fund
62
New York State Common Retirement Fund
New York
$405M -$8.15M -237,426 -2%
RJA
63
Raymond James & Associates
Florida
$358M +$3.69M +107,406 +1%
Prudential Financial
64
Prudential Financial
New Jersey
$334M -$101M -2,955,642 -25%
CS
65
Credit Suisse
Switzerland
$333M -$55.3M -1,609,677 -15%
Marshall Wace
66
Marshall Wace
United Kingdom
$329M +$168M +4,891,377 +129%
Envestnet Asset Management
67
Envestnet Asset Management
Illinois
$323M +$57.2M +1,665,233 +24%
PNC Financial Services Group
68
PNC Financial Services Group
Pennsylvania
$322M -$1.56M -45,427 -0.5%
Mitsubishi UFJ Asset Management
69
Mitsubishi UFJ Asset Management
Japan
$316M +$17.5M +510,335 +7%
Manulife (Manufacturers Life Insurance)
70
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$310M -$31.5M -918,112 -10%
DCP
71
Darsana Capital Partners
New York
$284M
Luther King Capital Management (LKCM)
72
Luther King Capital Management (LKCM)
Texas
$283M -$2.8M -81,489 -1%
US Bancorp
73
US Bancorp
Minnesota
$281M +$1.55M +45,237 +0.6%
Jennison Associates
74
Jennison Associates
New York
$281M -$10.9M -317,991 -4%
Ensign Peak Advisors
75
Ensign Peak Advisors
Utah
$280M -$36.6M -1,065,708 -13%

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.