Bank of America
BAC
2,134 hedge funds and large institutions have $143B invested in Bank of America in 2020 Q2 according to their latest regulatory filings, with 196 funds opening new positions, 844 increasing their positions, 885 reducing their positions, and 129 closing their positions.
52% more first-time investments, than exits
New positions opened: 196 | Existing positions closed: 129
10% more capital invested
Capital invested by funds: $130B → $143B (+$13.6B)
2% more funds holding
Funds holding: 2,087 → 2,134 (+47)
0.37% less ownership
Funds ownership: 70.03% → 69.66% (-0.37%)
5% less repeat investments, than reductions
Existing positions increased: 844 | Existing positions reduced: 885
8% less funds holding in top 10
Funds holding in top 10: 107 → 98 (-9)
34% less call options, than puts
Call options by funds: $3.1B | Put options by funds: $4.72B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$470M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$427M |
| 3 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
+$349M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$290M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$287M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$856M |
| 2 |
Parnassus Investments
San Francisco,
California
|
-$491M |
| 3 |
PIF
Public Investment Fund
Al Aqiq District, Riyadh,
Saudi Arabia
|
-$488M |
| 4 |
State Street
Boston,
Massachusetts
|
-$384M |
| 5 |
Aristotle Capital Management
Los Angeles,
California
|
-$351M |
BAC Hedge Fund Activity: Q2 2020 in Review
2,134 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Bank of America (BAC) for Q2 2020, worth a combined $143B — up 10% from $130B a quarter earlier.
Buyers outnumbered sellers: 196 funds opened new BAC positions and 129 closed out — a net gain of 67 holders — while 844 added to existing stakes and 885 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $470M. The largest seller was Fidelity Investments, cutting an estimated $856M.
- 2,134 institutional investors held Bank of America (BAC) as of Q2 2020, up from 2,087 in Q1 2020.
- Funds reported $143B of Bank of America stock for Q2 2020, up 10% quarter-over-quarter.
- 196 funds opened new Bank of America positions in Q2 2020 and 129 closed out, a net change of +67 holders.
- The largest Bank of America buyer in Q2 2020 was T. Rowe Price Associates, an estimated $470M added.
- The largest Bank of America seller in Q2 2020 was Fidelity Investments, an estimated $856M sold.
Based on aggregated 13F filings for Q2 2020.