Bank of America
BAC
1,511 hedge funds and large institutions have $100B invested in Bank of America in 2016 Q3 according to their latest regulatory filings, with 112 funds opening new positions, 573 increasing their positions, 625 reducing their positions, and 78 closing their positions.
823.98% more ownership
Funds ownership: 2,344.08% → 3,168.06% (+824%)
44% more first-time investments, than exits
New positions opened: 112 | Existing positions closed: 78
20% more funds holding in top 10
Funds holding in top 10: 114 → 137 (+23)
19% more capital invested
Capital invested by funds: $84.6B → $100B (+$15.9B)
1% more funds holding
Funds holding: 1,495 → 1,511 (+16)
8% less repeat investments, than reductions
Existing positions increased: 573 | Existing positions reduced: 625
11% less call options, than puts
Call options by funds: $2.58B | Put options by funds: $2.89B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Viking Global Investors
Stamford,
Connecticut
|
+$374M |
| 2 |
PC
PointState Capital
New York
|
+$323M |
| 3 |
State Street
Boston,
Massachusetts
|
+$295M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$225M |
| 5 |
Bank of New York Mellon
New York
|
+$212M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$221M |
| 2 |
D.E. Shaw & Co
New York
|
-$206M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$204M |
| 4 |
GE
General Electric
Evendale,
Ohio
|
-$177M |
| 5 |
FCM
Fairholme Capital Management
South Miami,
Florida
|
-$168M |
BAC Hedge Fund Activity: Q3 2016 in Review
1,511 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Bank of America (BAC) for Q3 2016, worth a combined $100B — up 19% from $84.6B a quarter earlier.
Buyers outnumbered sellers: 112 funds opened new BAC positions and 78 closed out — a net gain of 34 holders — while 573 added to existing stakes and 625 trimmed.
The largest buyer was Viking Global Investors, opening a new position worth an estimated $374M. The largest seller was Goldman Sachs, cutting an estimated $221M.
- 1,511 institutional investors held Bank of America (BAC) as of Q3 2016, up from 1,495 in Q2 2016.
- Funds reported $100B of Bank of America stock for Q3 2016, up 19% quarter-over-quarter.
- 112 funds opened new Bank of America positions in Q3 2016 and 78 closed out, a net change of +34 holders.
- The largest Bank of America buyer in Q3 2016 was Viking Global Investors, an estimated $374M added.
- The largest Bank of America seller in Q3 2016 was Goldman Sachs, an estimated $221M sold.
Based on aggregated 13F filings for Q3 2016.