Bank of America
BAC
2,656 hedge funds and large institutions have $159B invested in Bank of America in 2023 Q1 according to their latest regulatory filings, with 186 funds opening new positions, 1,220 increasing their positions, 996 reducing their positions, and 197 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 1,220 | Existing positions reduced: 996
6% less first-time investments, than exits
New positions opened: 186 | Existing positions closed: 197
1.48% less ownership
Funds ownership: 70.32% → 68.84% (-1.5%)
2% less funds holding
Funds holding: 2,718 → 2,656 (-62)
16% less capital invested
Capital invested by funds: $189B → $159B (-$29.4B)
25% less call options, than puts
Call options by funds: $4.73B | Put options by funds: $6.33B
30% less funds holding in top 10
Funds holding in top 10: 128 → 90 (-38)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Berkshire Hathaway
Omaha,
Nebraska
|
+$751M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$324M |
| 3 |
Harris Associates
Chicago,
Illinois
|
+$291M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$237M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$234M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$811M |
| 2 |
NEAM
New England Asset Management
Farmington,
Connecticut
|
-$743M |
| 3 |
Capital World Investors
Los Angeles,
California
|
-$584M |
| 4 |
ClearBridge Investments
New York
|
-$543M |
| 5 |
Capital International Investors
Los Angeles,
California
|
-$496M |
BAC Hedge Fund Activity: Q1 2023 in Review
2,656 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Bank of America (BAC) for Q1 2023, worth a combined $159B — down 16% from $189B a quarter earlier.
Sellers outnumbered buyers: 197 funds closed out of BAC and 186 opened new positions — a net loss of 11 holders — while 996 trimmed existing stakes and 1,220 added.
The largest buyer was Berkshire Hathaway, adding an estimated $751M. The largest seller was Norges Bank, cutting an estimated $811M.
- 2,656 institutional investors held Bank of America (BAC) as of Q1 2023, down from 2,718 in Q4 2022.
- Funds reported $159B of Bank of America stock for Q1 2023, down 16% quarter-over-quarter.
- 186 funds opened new Bank of America positions in Q1 2023 and 197 closed out, a net change of -11 holders.
- The largest Bank of America buyer in Q1 2023 was Berkshire Hathaway, an estimated $751M added.
- The largest Bank of America seller in Q1 2023 was Norges Bank, an estimated $811M sold.
Based on aggregated 13F filings for Q1 2023.