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Bank of America

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.

New
Increased
Maintained
Reduced
Closed

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: 2,8552,919 (+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: 112108 (-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

Holders
2,919
Holders Change
+64
Holders Change %
+2.24%
% of All Funds
42.04%
Holding in Top 10
108
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-3.57%
% of All Funds
1.56%
New
234
Increased
1,101
Reduced
1,272
Closed
130
Calls
$5.09B
Puts
$8.11B
Net Calls
-$3.02B
Net Calls Change
-$503M
Name Holding Trade Value Shares
Change
Change in
Stake
CNBTD
1951
Citizens National Bank Trust Department
Mississippi
$565K -$37.8K -1,100 -7%
ZIG
1952
Zullo Investment Group
Pennsylvania
$562K -$14.4K -419 -3%
ALAM
1953
Asahi Life Asset Management
Japan
$562K -$31.2K -910 -6%
GDP
1954
Great Diamond Partners
Maine
$559K +$26.5K +773 +6%
TCM
1955
Towercrest Capital Management
Pennsylvania
$558K
VW
1956
Vance Wealth
California
$556K -$26.7K -777 -5%
LFP
1957
Lakeshore Financial Planning
Michigan
$555K +$99.4K +2,895 +25%
VV
1958
Verity & Verity
South Carolina
$554K -$425K -12,376 -46%
SL
1959
Summitry LLC
California
$554K -$249K -7,244 -33%
KFP
1960
KMG Fiduciary Partners
Ohio
$553K -$140K -4,089 -22%
KIG
1961
Kowal Investment Group
Wisconsin
$553K +$87.5K +2,548 +21%
WFAG
1962
Wescott Financial Advisory Group
Pennsylvania
$551K -$2.16K -63 -0.4%
FVWA
1963
Foster Victor Wealth Advisors
South Carolina
$551K -$74.7K -2,175 -13%
MFG
1964
Menard Financial Group
Texas
$551K -$232K -6,747 -32%
FW
1965
FirstPurpose Wealth
Utah
$549K -$13.8K -403 -3%
BDFN
1966
Bond & Devick Financial Network
Minnesota
$549K
MCA
1967
MSH Capital Advisors
Arizona
$547K -$82.4K -2,400 -14%
SSWM
1968
Sheets Smith Wealth Management
North Carolina
$547K +$206 +6 +0%
LIM
1969
Leavell Investment Management
Alabama
$547K -$172 -5 -0%
BFC
1970
Bedel Financial Consulting
Indiana
$547K +$13.5K +392 +3%
MAWA
1971
Moss Adams Wealth Advisors
Washington
$546K +$111K +3,238 +29%
SC
1972
Saiph Capital
New Jersey
$545K -$6.04K -176 -0.2%
TCWM
1973
Total Clarity Wealth Management
Illinois
$545K -$19.7K -575 -4%
USB
1974
Union Savings Bank
Connecticut
$545K -$414K -12,073 -46%
CUAMC
1975
China Universal Asset Management Company
China
$542K +$491K +14,300 New

BAC Hedge Fund Activity: Q1 2024 in Review

2,919 of the 6,943 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.