Bank of America
BAC
2,919 hedge funds and large institutions have $214B invested in Bank of America in 2024 Q1 according to their latest regulatory filings, with 234 funds opening new positions, 1,101 increasing their positions, 1,272 reducing their positions, and 130 closing their positions.
80% more first-time investments, than exits
New positions opened: 234 | Existing positions closed: 130
11% more capital invested
Capital invested by funds: $192B → $214B (+$21.7B)
2% more funds holding
Funds holding: 2,855 → 2,919 (+64)
0.41% less ownership
Funds ownership: 72.01% → 71.6% (-0.41%)
4% less funds holding in top 10
Funds holding in top 10: 112 → 108 (-4)
13% less repeat investments, than reductions
Existing positions increased: 1,101 | Existing positions reduced: 1,272
37% less call options, than puts
Call options by funds: $5.09B | Put options by funds: $8.11B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.24B |
| 2 |
Franklin Resources
San Mateo,
California
|
+$1.15B |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$770M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
+$370M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$338M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.87B |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$358M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$228M |
| 4 |
Swedbank
Stockholm,
Sweden
|
-$227M |
| 5 |
National Bank of Canada
Montreal,
Quebec, Canada
|
-$192M |
BAC Hedge Fund Activity: Q1 2024 in Review
2,919 of the 6,944 institutional investors tracked by Wall St. Rank reported a position in Bank of America (BAC) for Q1 2024, worth a combined $214B — up 11% from $192B a quarter earlier.
Buyers outnumbered sellers: 234 funds opened new BAC positions and 130 closed out — a net gain of 104 holders — while 1,101 added to existing stakes and 1,272 trimmed.
The largest buyer was Vanguard Group, adding an estimated $1.24B. The largest seller was Morgan Stanley, cutting an estimated $3.87B.
- 2,919 institutional investors held Bank of America (BAC) as of Q1 2024, up from 2,855 in Q4 2023.
- Funds reported $214B of Bank of America stock for Q1 2024, up 11% quarter-over-quarter.
- 234 funds opened new Bank of America positions in Q1 2024 and 130 closed out, a net change of +104 holders.
- The largest Bank of America buyer in Q1 2024 was Vanguard Group, an estimated $1.24B added.
- The largest Bank of America seller in Q1 2024 was Morgan Stanley, an estimated $3.87B sold.
Based on aggregated 13F filings for Q1 2024.