Bank of America
BAC
2,979 hedge funds and large institutions have $221B invested in Bank of America in 2024 Q3 according to their latest regulatory filings, with 189 funds opening new positions, 1,145 increasing their positions, 1,293 reducing their positions, and 121 closing their positions.
56% more first-time investments, than exits
New positions opened: 189 | Existing positions closed: 121
1% more funds holding
Funds holding: 2,945 → 2,979 (+34)
0.47% less ownership
Funds ownership: 72.13% → 71.66% (-0.47%)
2% less capital invested
Capital invested by funds: $224B → $221B (-$3.67B)
11% less repeat investments, than reductions
Existing positions increased: 1,145 | Existing positions reduced: 1,293
16% less funds holding in top 10
Funds holding in top 10: 109 → 92 (-17)
25% less call options, than puts
Call options by funds: $4.67B | Put options by funds: $6.2B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$1.23B |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$911M |
| 3 |
Viking Global Investors
Stamford,
Connecticut
|
+$800M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$737M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$503M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Berkshire Hathaway
Omaha,
Nebraska
|
-$9.42B |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$726M |
| 3 |
APG Asset Management
Amsterdam,
Netherlands
|
-$484M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$386M |
| 5 |
Dodge & Cox
San Francisco,
California
|
-$297M |
BAC Hedge Fund Activity: Q3 2024 in Review
2,979 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Bank of America (BAC) for Q3 2024, worth a combined $221B — down 1.6% from $224B a quarter earlier.
Buyers outnumbered sellers: 189 funds opened new BAC positions and 121 closed out — a net gain of 68 holders — while 1,145 added to existing stakes and 1,293 trimmed.
The largest buyer was BlackRock, adding an estimated $1.23B. The largest seller was Berkshire Hathaway, cutting an estimated $9.42B.
- 2,979 institutional investors held Bank of America (BAC) as of Q3 2024, up from 2,945 in Q2 2024.
- Funds reported $221B of Bank of America stock for Q3 2024, down 1.6% quarter-over-quarter.
- 189 funds opened new Bank of America positions in Q3 2024 and 121 closed out, a net change of +68 holders.
- The largest Bank of America buyer in Q3 2024 was BlackRock, an estimated $1.23B added.
- The largest Bank of America seller in Q3 2024 was Berkshire Hathaway, an estimated $9.42B sold.
Based on aggregated 13F filings for Q3 2024.