Bank of America
BAC
1,514 hedge funds and large institutions have $86B invested in Bank of America in 2016 Q1 according to their latest regulatory filings, with 134 funds opening new positions, 693 increasing their positions, 524 reducing their positions, and 122 closing their positions.
392.68% more ownership
Funds ownership: 1,598.83% → 1,991.51% (+393%)
32% more repeat investments, than reductions
Existing positions increased: 693 | Existing positions reduced: 524
10% more first-time investments, than exits
New positions opened: 134 | Existing positions closed: 122
1% less funds holding
Funds holding: 1,524 → 1,514 (-10)
23% less capital invested
Capital invested by funds: $112B → $86B (-$26B)
30% less funds holding in top 10
Funds holding in top 10: 170 → 119 (-51)
38% less call options, than puts
Call options by funds: $1.49B | Put options by funds: $2.42B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$761M |
| 2 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$430M |
| 3 |
Royal London Asset Management
United Kingdom
|
+$415M |
| 4 |
Dodge & Cox
San Francisco,
California
|
+$388M |
| 5 |
D.E. Shaw & Co
New York
|
+$322M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$1.61B |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
-$560M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$483M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$355M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
-$331M |
BAC Hedge Fund Activity: Q1 2016 in Review
1,514 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Bank of America (BAC) for Q1 2016, worth a combined $86B — down 23% from $112B a quarter earlier.
Buyers outnumbered sellers: 134 funds opened new BAC positions and 122 closed out — a net gain of 12 holders — while 693 added to existing stakes and 524 trimmed.
The largest buyer was Boston Partners, adding an estimated $761M. The largest seller was Citigroup, cutting an estimated $1.61B.
- 1,514 institutional investors held Bank of America (BAC) as of Q1 2016, down from 1,524 in Q4 2015.
- Funds reported $86B of Bank of America stock for Q1 2016, down 23% quarter-over-quarter.
- 134 funds opened new Bank of America positions in Q1 2016 and 122 closed out, a net change of +12 holders.
- The largest Bank of America buyer in Q1 2016 was Boston Partners, an estimated $761M added.
- The largest Bank of America seller in Q1 2016 was Citigroup, an estimated $1.61B sold.
Based on aggregated 13F filings for Q1 2016.