Bank of America
BAC
1,782 hedge funds and large institutions have $184B invested in Bank of America in 2017 Q3 according to their latest regulatory filings, with 112 funds opening new positions, 726 increasing their positions, 727 reducing their positions, and 78 closing their positions.
44% more first-time investments, than exits
New positions opened: 112 | Existing positions closed: 78
15% more capital invested
Capital invested by funds: $161B → $184B (+$23.5B)
2% more funds holding in top 10
Funds holding in top 10: 251 → 257 (+6)
2.31% more ownership
Funds ownership: 66.51% → 68.82% (+2.3%)
1% more funds holding
Funds holding: 1,762 → 1,782 (+20)
0% less repeat investments, than reductions
Existing positions increased: 726 | Existing positions reduced: 727
25% less call options, than puts
Call options by funds: $4.07B | Put options by funds: $5.43B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Berkshire Hathaway
Omaha,
Nebraska
|
+$16.5B |
| 2 |
NEAM
New England Asset Management
Farmington,
Connecticut
|
+$510M |
| 3 |
Goldman Sachs
New York
|
+$232M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$200M |
| 5 |
Viking Global Investors
Stamford,
Connecticut
|
+$178M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$340M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$325M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$249M |
| 4 |
State Street
Boston,
Massachusetts
|
-$213M |
| 5 |
PC
PointState Capital
New York
|
-$213M |
BAC Hedge Fund Activity: Q3 2017 in Review
1,782 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Bank of America (BAC) for Q3 2017, worth a combined $184B — up 15% from $161B a quarter earlier.
Buyers outnumbered sellers: 112 funds opened new BAC positions and 78 closed out — a net gain of 34 holders — while 726 added to existing stakes and 727 trimmed.
The largest buyer was Berkshire Hathaway, opening a new position worth an estimated $16.5B. The largest seller was Wellington Management Group, cutting an estimated $340M.
- 1,782 institutional investors held Bank of America (BAC) as of Q3 2017, up from 1,762 in Q2 2017.
- Funds reported $184B of Bank of America stock for Q3 2017, up 15% quarter-over-quarter.
- 112 funds opened new Bank of America positions in Q3 2017 and 78 closed out, a net change of +34 holders.
- The largest Bank of America buyer in Q3 2017 was Berkshire Hathaway, an estimated $16.5B added.
- The largest Bank of America seller in Q3 2017 was Wellington Management Group, an estimated $340M sold.
Based on aggregated 13F filings for Q3 2017.