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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
HFAS
2376
Hummer Financial Advisory Services
Illinois
$295K +$23.3K +680 +10%
AHL
2377
Abel Hall LLC
Louisiana
$295K +$20.2K +589 +8%
WA
2378
WP Advisors
California
$295K -$858 -25 -0.3%
PA
2379
Perennial Advisors
New York
$294K
TWA
2380
Tandem Wealth Advisors
Arizona
$294K +$35.2K +1,025 +15%
HR
2381
Hardy Reed
Mississippi
$294K -$28.7K -835 -10%
PS
2382
Portfolio Strategies
New York
$294K +$266K +7,751 New
FFS
2383
Founders Financial Securities
Maryland
$294K -$3.4K -99 -1%
SI
2384
Saxon Interests
Texas
$293K -$172 -5 -0.1%
BWM
2385
BNC Wealth Management
Oregon
$293K +$1.03K +30 +0.4%
FFA
2386
Fi3 Financial Advisors
Indiana
$292K +$270K +7,851 New
MWP
2387
Meridian Wealth Partners
Pennsylvania
$292K +$17.5K +509 +7%
AWM
2388
Allen Wealth Management
North Carolina
$291K
SIMG
2389
Sonora Investment Management Group
Arizona
$290K -$10.2K -297 -4%
RFG
2390
Range Financial Group
Oregon
$289K +$262K +7,632 New
DI
2391
DDFG Inc
California
$289K -$6.28K -183 -2%
SCM
2392
Spreng Capital Management
Ohio
$288K +$515 +15 +0.2%
CCT
2393
Capital City Trust
Florida
$287K -$17.2K -500 -6%
PI
2394
Pettee Investors
Connecticut
$287K
CW
2395
CIC Wealth
Maryland
$287K -$1.65K -48 -0.6%
HBT
2396
Hills Bank & Trust
Iowa
$287K +$13.7K +400 +6%
IWS
2397
Insight Wealth Strategies
California
$286K +$259K +7,546 New
SFG
2398
SNS Financial Group
Minnesota
$286K +$32.5K +947 +14%
TW
2399
Traveka Wealth
California
$285K +$10.9K +317 +4%
A
2400
AJOVista
Massachusetts
$285K

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.