Bank of America
BAC
1,495 hedge funds and large institutions have $84.6B invested in Bank of America in 2016 Q2 according to their latest regulatory filings, with 108 funds opening new positions, 570 increasing their positions, 627 reducing their positions, and 111 closing their positions.
352.57% more ownership
Funds ownership: 1,991.51% → 2,344.08% (+353%)
2% less capital invested
Capital invested by funds: $86B → $84.6B (-$1.42B)
3% less first-time investments, than exits
New positions opened: 108 | Existing positions closed: 111
9% less repeat investments, than reductions
Existing positions increased: 570 | Existing positions reduced: 627
1% less funds holding
Funds holding: 1,514 → 1,495 (-19)
4% less funds holding in top 10
Funds holding in top 10: 119 → 114 (-5)
27% less call options, than puts
Call options by funds: $1.86B | Put options by funds: $2.55B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$226M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$131M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$98.7M |
| 4 |
SCM
Shapiro Capital Management
Atlanta,
Georgia
|
+$95.5M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$95.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal London Asset Management
United Kingdom
|
-$435M |
| 2 |
JP Morgan Chase
New York
|
-$319M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$251M |
| 4 |
State Street
Boston,
Massachusetts
|
-$157M |
| 5 |
Harris Associates
Chicago,
Illinois
|
-$141M |
BAC Hedge Fund Activity: Q2 2016 in Review
1,495 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Bank of America (BAC) for Q2 2016, worth a combined $84.6B — down 1.7% from $86B a quarter earlier.
Sellers outnumbered buyers: 111 funds closed out of BAC and 108 opened new positions — a net loss of 3 holders — while 627 trimmed existing stakes and 570 added.
The largest buyer was Arrowstreet Capital, opening a new position worth an estimated $226M. The largest seller was Royal London Asset Management, cutting an estimated $435M.
- 1,495 institutional investors held Bank of America (BAC) as of Q2 2016, down from 1,514 in Q1 2016.
- Funds reported $84.6B of Bank of America stock for Q2 2016, down 1.7% quarter-over-quarter.
- 108 funds opened new Bank of America positions in Q2 2016 and 111 closed out, a net change of -3 holders.
- The largest Bank of America buyer in Q2 2016 was Arrowstreet Capital, an estimated $226M added.
- The largest Bank of America seller in Q2 2016 was Royal London Asset Management, an estimated $435M sold.
Based on aggregated 13F filings for Q2 2016.