Bank of America
BAC
1,723 hedge funds and large institutions have $149B invested in Bank of America in 2016 Q4 according to their latest regulatory filings, with 319 funds opening new positions, 581 increasing their positions, 665 reducing their positions, and 79 closing their positions.
304% more first-time investments, than exits
New positions opened: 319 | Existing positions closed: 79
90% more funds holding in top 10
Funds holding in top 10: 137 → 260 (+123)
48% more capital invested
Capital invested by funds: $100B → $149B (+$48.4B)
14% more funds holding
Funds holding: 1,511 → 1,723 (+212)
13% more call options, than puts
Call options by funds: $5.73B | Put options by funds: $5.06B
13% less repeat investments, than reductions
Existing positions increased: 581 | Existing positions reduced: 665
3,102.02% less ownership
Funds ownership: 3,168.06% → 66.04% (-3,102%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$1.27B |
| 2 |
State Street
Boston,
Massachusetts
|
+$638M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$636M |
| 4 |
LPU
Lansdowne Partners (UK)
London,
United Kingdom
|
+$586M |
| 5 |
JP Morgan Chase
New York
|
+$524M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.16B |
| 2 |
Dodge & Cox
San Francisco,
California
|
-$769M |
| 3 |
Harris Associates
Chicago,
Illinois
|
-$511M |
| 4 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$397M |
| 5 |
Capital World Investors
Los Angeles,
California
|
-$312M |
BAC Hedge Fund Activity: Q4 2016 in Review
1,723 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in Bank of America (BAC) for Q4 2016, worth a combined $149B — up 48% from $100B a quarter earlier.
Buyers outnumbered sellers: 319 funds opened new BAC positions and 79 closed out — a net gain of 240 holders — while 581 added to existing stakes and 665 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $1.27B. The largest seller was Susquehanna International Group, cutting an estimated $1.16B.
- 1,723 institutional investors held Bank of America (BAC) as of Q4 2016, up from 1,511 in Q3 2016.
- Funds reported $149B of Bank of America stock for Q4 2016, up 48% quarter-over-quarter.
- 319 funds opened new Bank of America positions in Q4 2016 and 79 closed out, a net change of +240 holders.
- The largest Bank of America buyer in Q4 2016 was Fidelity Investments, an estimated $1.27B added.
- The largest Bank of America seller in Q4 2016 was Susquehanna International Group, an estimated $1.16B sold.
Based on aggregated 13F filings for Q4 2016.