Bank of America
BAC
2,988 hedge funds and large institutions have $221B invested in Bank of America in 2024 Q3 according to their latest regulatory filings, with 188 funds opening new positions, 1,148 increasing their positions, 1,299 reducing their positions, and 121 closing their positions.
55% more first-time investments, than exits
New positions opened: 188 | Existing positions closed: 121
1% more funds holding
Funds holding: 2,955 → 2,988 (+33)
0.53% less ownership
Funds ownership: 72.14% → 71.6% (-0.53%)
12% less repeat investments, than reductions
Existing positions increased: 1,148 | Existing positions reduced: 1,299
17% less funds holding in top 10
Funds holding in top 10: 109 → 91 (-18)
19% less capital inflows, than outflows
Capital inflows: $13.4B | Capital outflows: $16.6B
25% less call options, than puts
Call options by funds: $4.67B | Put options by funds: $6.2B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$1.23B |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$911M |
| 3 |
Viking Global Investors
Stamford,
Connecticut
|
+$800M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$737M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$503M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Berkshire Hathaway
Omaha,
Nebraska
|
-$9.42B |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$726M |
| 3 |
APG Asset Management
Amsterdam,
Netherlands
|
-$484M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$386M |
| 5 |
Dodge & Cox
San Francisco,
California
|
-$297M |
BAC Hedge Fund Activity: Q3 2024 in Review
2,988 of the 6,985 institutional investors tracked by Wall St. Rank reported a position in Bank of America (BAC) for Q3 2024, worth a combined $221B — down 1.6% from $224B a quarter earlier.
Buyers outnumbered sellers: 188 funds opened new BAC positions and 121 closed out — a net gain of 67 holders — while 1,148 added to existing stakes and 1,299 trimmed.
The largest buyer was BlackRock, adding an estimated $1.23B. The largest seller was Berkshire Hathaway, cutting an estimated $9.42B.
- 2,988 institutional investors held Bank of America (BAC) as of Q3 2024, up from 2,955 in Q2 2024.
- Funds reported $221B of Bank of America stock for Q3 2024, down 1.6% quarter-over-quarter.
- 188 funds opened new Bank of America positions in Q3 2024 and 121 closed out, a net change of +67 holders.
- The largest Bank of America buyer in Q3 2024 was BlackRock, an estimated $1.23B added.
- The largest Bank of America seller in Q3 2024 was Berkshire Hathaway, an estimated $9.42B sold.
Based on aggregated 13F filings for Q3 2024.