Bank of America
BAC
1,223 hedge funds and large institutions have $88B invested in Bank of America in 2013 Q3 according to their latest regulatory filings, with 93 funds opening new positions, 438 increasing their positions, 509 reducing their positions, and 71 closing their positions.
31% more first-time investments, than exits
New positions opened: 93 | Existing positions closed: 71
10% more capital invested
Capital invested by funds: $80B → $88B (+$7.97B)
3% more funds holding in top 10
Funds holding in top 10: 103 → 106 (+3)
1.92% more ownership
Funds ownership: 57.86% → 59.78% (+1.9%)
1% more funds holding
Funds holding: 1,212 → 1,223 (+11)
14% less repeat investments, than reductions
Existing positions increased: 438 | Existing positions reduced: 509
18% less call options, than puts
Call options by funds: $2.11B | Put options by funds: $2.58B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$665M |
| 2 |
HSBC Holdings
London,
United Kingdom
|
+$662M |
| 3 |
Viking Global Investors
Stamford,
Connecticut
|
+$641M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$380M |
| 5 |
JP Morgan Chase
New York
|
+$333M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IG
ING Group
Amsterdam,
Netherlands
|
-$317M |
| 2 |
PIM
Platinum Investment Management
Sydney Australia 2000,
Australia
|
-$187M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$177M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$169M |
| 5 |
N
Natixis
Paris,
France
|
-$160M |
BAC Hedge Fund Activity: Q3 2013 in Review
1,223 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Bank of America (BAC) for Q3 2013, worth a combined $88B — up 10% from $80B a quarter earlier.
Buyers outnumbered sellers: 93 funds opened new BAC positions and 71 closed out — a net gain of 22 holders — while 438 added to existing stakes and 509 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $665M. The largest seller was ING Group, cutting an estimated $317M.
- 1,223 institutional investors held Bank of America (BAC) as of Q3 2013, up from 1,212 in Q2 2013.
- Funds reported $88B of Bank of America stock for Q3 2013, up 10% quarter-over-quarter.
- 93 funds opened new Bank of America positions in Q3 2013 and 71 closed out, a net change of +22 holders.
- The largest Bank of America buyer in Q3 2013 was Fidelity Investments, an estimated $665M added.
- The largest Bank of America seller in Q3 2013 was ING Group, an estimated $317M sold.
Based on aggregated 13F filings for Q3 2013.