Bank of America
BAC
2,955 hedge funds and large institutions have $224B invested in Bank of America in 2024 Q2 according to their latest regulatory filings, with 200 funds opening new positions, 1,166 increasing their positions, 1,253 reducing their positions, and 132 closing their positions.
52% more first-time investments, than exits
New positions opened: 200 | Existing positions closed: 132
6% more capital inflows, than outflows
Capital inflows: $9.36B | Capital outflows: $8.84B
1% more funds holding
Funds holding: 2,926 → 2,955 (+29)
1% more funds holding in top 10
Funds holding in top 10: 108 → 109 (+1)
0.45% more ownership
Funds ownership: 71.69% → 72.14% (+0.45%)
7% less repeat investments, than reductions
Existing positions increased: 1,166 | Existing positions reduced: 1,253
25% less call options, than puts
Call options by funds: $4.56B | Put options by funds: $6.11B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$1.09B |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$790M |
| 3 |
Sanders Capital
West Palm Beach,
Florida
|
+$732M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$381M |
| 5 |
Amundi
Paris,
France
|
+$367M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Parnassus Investments
San Francisco,
California
|
-$772M |
| 2 |
DZ Bank
Frankfurt Am Main,
Germany
|
-$714M |
| 3 |
BlackRock
New York
|
-$558M |
| 4 |
Dodge & Cox
San Francisco,
California
|
-$394M |
| 5 |
Harris Associates
Chicago,
Illinois
|
-$325M |
BAC Hedge Fund Activity: Q2 2024 in Review
2,955 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Bank of America (BAC) for Q2 2024, worth a combined $224B — up 4.9% from $214B a quarter earlier.
Buyers outnumbered sellers: 200 funds opened new BAC positions and 132 closed out — a net gain of 68 holders — while 1,166 added to existing stakes and 1,253 trimmed.
The largest buyer was Capital World Investors, adding an estimated $1.09B. The largest seller was Parnassus Investments, cutting an estimated $772M.
- 2,955 institutional investors held Bank of America (BAC) as of Q2 2024, up from 2,926 in Q1 2024.
- Funds reported $224B of Bank of America stock for Q2 2024, up 4.9% quarter-over-quarter.
- 200 funds opened new Bank of America positions in Q2 2024 and 132 closed out, a net change of +68 holders.
- The largest Bank of America buyer in Q2 2024 was Capital World Investors, an estimated $1.09B added.
- The largest Bank of America seller in Q2 2024 was Parnassus Investments, an estimated $772M sold.
Based on aggregated 13F filings for Q2 2024.