Bank of America
BAC
1,329 hedge funds and large institutions have $99.4B invested in Bank of America in 2013 Q4 according to their latest regulatory filings, with 193 funds opening new positions, 419 increasing their positions, 556 reducing their positions, and 73 closing their positions.
164% more first-time investments, than exits
New positions opened: 193 | Existing positions closed: 73
13% more capital invested
Capital invested by funds: $88B → $99.4B (+$11.5B)
11% more funds holding in top 10
Funds holding in top 10: 106 → 118 (+12)
9% more funds holding
Funds holding: 1,223 → 1,329 (+106)
0.69% more ownership
Funds ownership: 858.01% → 858.7% (+0.69%)
6% less call options, than puts
Call options by funds: $2.38B | Put options by funds: $2.52B
25% less repeat investments, than reductions
Existing positions increased: 419 | Existing positions reduced: 556
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IC
Institutional Capital
Chicago,
Illinois
|
+$631M |
| 2 |
N
Natixis
Paris,
France
|
+$400M |
| 3 |
D.E. Shaw & Co
New York
|
+$327M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$247M |
| 5 |
OH
Orbis Holdings
Hamilton,
Bermuda
|
+$209M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$414M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$414M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$269M |
| 4 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$207M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$188M |
BAC Hedge Fund Activity: Q4 2013 in Review
1,329 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Bank of America (BAC) for Q4 2013, worth a combined $99.4B — up 13% from $88B a quarter earlier.
Buyers outnumbered sellers: 193 funds opened new BAC positions and 73 closed out — a net gain of 120 holders — while 419 added to existing stakes and 556 trimmed.
The largest buyer was Institutional Capital, opening a new position worth an estimated $631M. The largest seller was JP Morgan Chase, cutting an estimated $414M.
- 1,329 institutional investors held Bank of America (BAC) as of Q4 2013, up from 1,223 in Q3 2013.
- Funds reported $99.4B of Bank of America stock for Q4 2013, up 13% quarter-over-quarter.
- 193 funds opened new Bank of America positions in Q4 2013 and 73 closed out, a net change of +120 holders.
- The largest Bank of America buyer in Q4 2013 was Institutional Capital, an estimated $631M added.
- The largest Bank of America seller in Q4 2013 was JP Morgan Chase, an estimated $414M sold.
Based on aggregated 13F filings for Q4 2013.