Bank of America
BAC
2,926 hedge funds and large institutions have $214B invested in Bank of America in 2024 Q1 according to their latest regulatory filings, with 233 funds opening new positions, 1,107 increasing their positions, 1,273 reducing their positions, and 128 closing their positions.
82% more first-time investments, than exits
New positions opened: 233 | Existing positions closed: 128
46% more capital inflows, than outflows
Capital inflows: $9.11B | Capital outflows: $6.22B
2% more funds holding
Funds holding: 2,861 → 2,926 (+65)
0.94% more ownership
Funds ownership: 70.75% → 71.69% (+0.94%)
4% less funds holding in top 10
Funds holding in top 10: 112 → 108 (-4)
13% less repeat investments, than reductions
Existing positions increased: 1,107 | Existing positions reduced: 1,273
37% less call options, than puts
Call options by funds: $5.09B | Put options by funds: $8.11B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.24B |
| 2 |
Franklin Resources
San Mateo,
California
|
+$1.15B |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$770M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
+$370M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$338M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$394M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$358M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$228M |
| 4 |
National Bank of Canada
Montreal,
Quebec, Canada
|
-$192M |
| 5 |
Harris Associates
Chicago,
Illinois
|
-$171M |
BAC Hedge Fund Activity: Q1 2024 in Review
2,926 of the 6,966 institutional investors tracked by Wall St. Rank reported a position in Bank of America (BAC) for Q1 2024, worth a combined $214B — up 13% from $188B a quarter earlier.
Buyers outnumbered sellers: 233 funds opened new BAC positions and 128 closed out — a net gain of 105 holders — while 1,107 added to existing stakes and 1,273 trimmed.
The largest buyer was Vanguard Group, adding an estimated $1.24B. The largest seller was Neuberger Berman Group, cutting an estimated $394M.
- 2,926 institutional investors held Bank of America (BAC) as of Q1 2024, up from 2,861 in Q4 2023.
- Funds reported $214B of Bank of America stock for Q1 2024, up 13% quarter-over-quarter.
- 233 funds opened new Bank of America positions in Q1 2024 and 128 closed out, a net change of +105 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 Neuberger Berman Group, an estimated $394M sold.
Based on aggregated 13F filings for Q1 2024.