Vault-13

BANK AMERICA CORP BAC 7.25 PERP L

7.25%CNV PFD L · PUBLIC · CUSIP 060505682

230 institutional holders +4 vs Q1 2023
4,807,8114.8m shares reported held*
$2.1bnreported value*
17 new 56 added 66 reduced 15 sold out net bought ≈ $14.6m (+199.8k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($58.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $448.25.

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 206Q4 22: 222Q1 23: 226Q2 23: 230230Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022206
Q4 2022222
Q1 2023226
Q2 2023230

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q4 22: 96 bought or addedQ4 22: 73 cut or sold outQ4 22Q1 23: 89 bought or addedQ1 23: 81 cut or sold outQ1 23Q2 23: 73 bought or addedQ2 23: 81 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20229673
Q1 20238981
Q2 20237381

Biggest buyers

ADVENT CAPITAL MANAGEMENT /DE/ New +184,072+184.1k
LORD, ABBETT & CO. LLC Added +27,110+27.1k
VOYA INVESTMENT MANAGEMENT LLC Added +23,500+23.5k
STATE STREET CORP Added +13,400+13.4k
Mirae Asset Global Investments Co., Ltd. Added +9,929+9.9k
PIER 88 INVESTMENT PARTNERS LLC Added +7,550+7.5k
Stratos Wealth Partners, LTD. Added +5,333+5.3k
SSI INVESTMENT MANAGEMENT LLC Added +4,755+4.8k
MACQUARIE GROUP LTD New +4,535+4.5k
Advisors Capital Management, LLC New +3,854+3.9k

Biggest sellers

ADVENT CAPITAL MANAGEMENT /DE/ Sold out -182,409-182.4k
FMR LLC Reduced -43,580-43.6k
CAMDEN ASSET MANAGEMENT L P /CA Reduced -21,990-22.0k
ZAZOVE ASSOCIATES LLC Sold out -10,486-10.5k
AMERICAN CENTURY COMPANIES INC Reduced -6,205-6.2k
MACQUARIE GROUP LTD Sold out -4,690-4.7k
VICTORY CAPITAL MANAGEMENT INC Reduced -3,252-3.3k
JANE STREET GROUP, LLC Sold out -2,686-2.7k
Calamos Advisors LLC Reduced -2,537-2.5k
AGF MANAGEMENT LTD Sold out -2,400-2.4k

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LOOMIS SAYLES & CO L P 0.13% of their portfolio BOSTON, MA 2,835,0202.8m $81.3m $81.3m 0.13% Unchanged
2 VOYA INVESTMENT MANAGEMENT LLC 0.27% of their portfolio ATLANTA, GA 218,805218.8k $256.4m $256.4m 0.27% Added +23.5k +23,500
3 ADVENT CAPITAL MANAGEMENT /DE/ 4.33% of their portfolio NEW YORK, NY 184,072184.1k $216.2m $216.2m 4.33% New
4 COMERICA BANK 0.00% of their portfolio DALLAS, TX 150,151150.2k $0 $0 0.00% First filing
5 BlackRock Inc. 0.00% of their portfolio New York, NY 139,486139.5k $163.5m $163.5m 0.00% Reduced -1.0k -1,000
6 Valeo Financial Advisors, LLC 0.06% of their portfolio CARMEL, IN 93,37793.4k $1.3m $1.3m 0.06% Reduced -60 -60
7 VICTORY CAPITAL MANAGEMENT INC 0.11% of their portfolio San Antonio, TX 81,84281.8k $95.9m $95.9m 0.11% Reduced -3.3k -3,252
8 FIRST TRUST ADVISORS LP 0.10% of their portfolio Wheaton, IL 78,08178.1k $91.5m $91.5m 0.10% Unchanged
9 CAMDEN ASSET MANAGEMENT L P /CA 2.87% of their portfolio Los Angeles, CA 70,64870.6k $82.8m $82.8m 2.87% Reduced -22.0k -21,990
10 Mirae Asset Global Investments Co., Ltd. 0.16% of their portfolio SEOUL, M5 65,50365.5k $76.8m $76.8m 0.16% Added +9.9k +9,929
11 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 64,19864.2k $75.3m $75.3m 0.00% Added +13.4k +13,400
12 STONEBRIDGE ADVISORS LLC 41.31% of their portfolio WILTON, CT 48,35948.4k $56.7m $56.7m 41.31% Reduced -869 -869
13 LORD, ABBETT & CO. LLC 0.09% of their portfolio JERSEY CITY, NJ 44,65044.6k $52.4m $52.4m 0.09% Added +27.1k +27,110
14 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.03% of their portfolio Toronto, A6 42,87642.9k $50.3m $50.3m 0.03% Added +896 +896
15 AMERICAN CENTURY COMPANIES INC 0.04% of their portfolio KANSAS CITY, MO 42,86942.9k $50.3m $50.3m 0.04% Reduced -6.2k -6,205
16 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 41,70741.7k $48.9m $48.9m 0.02% Added +1.7k +1,727
17 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 39,43239.4k $46.6m $46.6m 0.00% Added +28 +28
18 Calamos Advisors LLC 0.22% of their portfolio NAPERVILLE, IL 36,12736.1k $42.3m $42.3m 0.22% Reduced -2.5k -2,537
19 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 32,23932.2k $37.8m $37.8m 0.00% Reduced -43 -43
20 MacKay Shields LLC 1.05% of their portfolio New York, NY 32,07432.1k $37.7m $37.7m 1.05% Reduced -14 -14
21 FMR LLC 0.00% of their portfolio BOSTON, MA 30,66830.7k $35.9m $35.9m 0.00% Reduced -43.6k -43,580
22 First Eagle Investment Management, LLC 0.08% of their portfolio NEW YORK, NY 27,76127.8k $32.5m $32.5m 0.08% Unchanged
23 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 24,43724.4k $28.6m $28.6m 0.01% Added +550 +550
24 Thrivent Financial for Lutherans 0.06% of their portfolio Minneapolis, MN 23,84423.8k $27.9m $27.9m 0.06% Unchanged
25 VILLERE ST DENIS J & CO LLC 1.81% of their portfolio New Orleans, LA 21,35921.4k $25.0m $25.0m 1.81% Reduced -252 -252
26 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 21,20421.2k $24.8m $24.8m 0.01% Added +775 +775
27 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 19,34619.3k $226.7k $226.7k 0.00% Unchanged
28 EVERETT HARRIS & CO /CA/ 0.31% of their portfolio LOS ANGELES, CA 17,05217.1k $20.1m $20.1m 0.31% Reduced -260 -260
29 PIER 88 INVESTMENT PARTNERS LLC 4.34% of their portfolio SAN FRANCISCO, CA 14,95315.0k $17.5m $17.5m 4.34% Added +7.5k +7,550
30 Oxbow Advisors, LLC 2.61% of their portfolio Austin, TX 14,19014.2k $16.6m $16.6m 2.61% Added +324 +324
31 NEW YORK STATE COMMON RETIREMENT FUND 0.02% of their portfolio ALBANY, NY 13,37313.4k $15.7m $15.7m 0.02% Unchanged
32 PUTNAM INVESTMENTS LLC 0.02% of their portfolio BOSTON, MA 12,38812.4k $14.5m $14.5m 0.02% Reduced -333 -333
33 Spectrum Asset Management, Inc. 11.18% of their portfolio STAMFORD, CT 11,56211.6k $13.5m $13.5m 11.18% Reduced -417 -417
34 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 11,34011.3k $13.3m $13.3m 0.01% Added +125 +125
35 CITIGROUP INC 0.02% of their portfolio NEW YORK, NY 10,48710.5k $12.3m $12.3m 0.02% Reduced -469 -469
36 CAPTRUST FINANCIAL ADVISORS 0.05% of their portfolio RALEIGH, NC 10,20410.2k $12.0m $12.0m 0.05% Added +973 +973
37 Phraction Management LLC 5.50% of their portfolio COLCHESTER, CT 9,4959.5k $11.2m $11.2m 5.50% Reduced -94 -94
38 NEW ENGLAND ASSET MANAGEMENT INC 1.60% of their portfolio FARMINGTON, CT 9,4359.4k $11.1m $11.1m 1.60% Unchanged
39 SSI INVESTMENT MANAGEMENT LLC 0.67% of their portfolio Los Angeles, CA 8,2008.2k $9.6m $9.6m 0.67% Added +4.8k +4,755
40 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 8,1408.1k $9.5m $9.5m 0.01% Added +173 +173
41 AEGON USA Investment Management, LLC 5.38% of their portfolio CEDAR RAPIDS, IA 7,9508.0k $9.4m $9.4m 5.38% Unchanged
42 CONNING INC. 0.28% of their portfolio HARTFORD, CT 7,1857.2k $8.4m $8.4m 0.28% Unchanged
43 PALISADE CAPITAL MANAGEMENT, LP 0.22% of their portfolio FORT LEE, NJ 7,0737.1k $8.3m $8.3m 0.22% Reduced -1.3k -1,322
44 RB Capital Management, LLC 2.47% of their portfolio RENO, NV 6,8536.9k $8.0m $8.0m 2.47% Reduced -256 -256
45 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 6,7906.8k $8.0m $8.0m 0.00% Reduced -214 -214
46 JRM Investment Counsel, LLC 2.96% of their portfolio OMAHA, NE 5,9626.0k $7.0m $7.0m 2.96% Added +3.6k +3,612
47 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 5,9495.9k $7.0m $7.0m 0.01% Added +50 +50
48 Stratos Wealth Partners, LTD. 0.16% of their portfolio BEACHWOOD, OH 5,9305.9k $6.9m $6.9m 0.16% Added +5.3k +5,333
49 CREDIT SUISSE AG/ 0.01% of their portfolio ZURICH, V8 5,6005.6k $6.6m $6.6m 0.01% Reduced -600 -600
50 OPPENHEIMER & CO INC 0.11% of their portfolio NEW YORK, NY 4,7774.8k $5.6m $5.6m 0.11% Reduced -30 -30
51 LAZARD ASSET MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 4,6274.6k $5.4m $5.4m 0.01% Unchanged
52 MACQUARIE GROUP LTD 0.01% of their portfolio Sydney, NSW 2000, C3 4,5354.5k $5.3m $5.3m 0.01% New
53 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 4,4944.5k $5.3m $5.3m 0.00% Added +177 +177
54 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 4,4374.4k $5.2m $5.2m 0.00% Added +1.8k +1,837
55 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 4,4304.4k $5.2m $5.2m 0.01% Reduced -20 -20
56 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 4,3594.4k $5.1m $5.1m 0.01% Added +3 +3
57 Advisors Capital Management, LLC 0.11% of their portfolio RIDGEWOOD, NJ 3,8543.9k $4.5m $4.5m 0.11% New
58 Hudson Capital Management LLC 1.72% of their portfolio RAMSEY, NJ 3,8213.8k $4.5m $4.5m 1.72% Added +24 +24
59 Mariner, LLC 0.01% of their portfolio Overland Park, KS 3,7803.8k $4.4m $4.4m 0.01% Reduced -93 -93
60 RATIONAL ADVISORS, INC. 0.36% of their portfolio San Juan, PR 3,7483.7k $4.4m $4.4m 0.36% Added +2.3k +2,300
61 SG Americas Securities, LLC 0.03% of their portfolio NEW YORK, NY 3,4303.4k $4.0m $4.0m 0.03% Unchanged
62 LAFFER TENGLER INVESTMENTS, INC. 1.04% of their portfolio Scottsdale, AZ 3,3643.4k $3.9m $3.9m 1.04% Reduced -147 -147
63 Alken Asset Management Ltd 99.47% of their portfolio LONDON, X0 3,3503.4k $3.9m $3.9m 99.47% Unchanged
64 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 3,2863.3k $3.9m $3.9m 0.00% Added +76 +76
65 UBS Group AG 0.00% of their portfolio ZURICH, V8 3,2643.3k $3.8m $3.8m 0.00% Added +30 +30
66 Marathon Trading Investment Management LLC 2.35% of their portfolio RADNOR, PA 3,2233.2k $3.8m $3.8m 2.35% Unchanged
67 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 3,2223.2k $3.8m $3.8m 0.00% Reduced -126 -126
68 WOLVERINE ASSET MANAGEMENT LLC 0.07% of their portfolio CHICAGO, IL 3,1153.1k $3.7m $3.7m 0.07% Reduced -200 -200
69 Peloton Wealth Strategists 1.61% of their portfolio INDIANAPOLIS, IN 3,0993.1k $3.6m $3.6m 1.61% Added +45 +45
70 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 3,0213.0k $3.5m $3.5m 0.00% Reduced -215 -215
71 Uniplan Investment Counsel, Inc. 0.26% of their portfolio MILWAUKEE, WI 2,9973.0k $3.5m $3.5m 0.26% Added +10 +10
72 FOUNDERS CAPITAL MANAGEMENT, LLC 0.70% of their portfolio Hartford, CT 2,6642.7k $3.1m $3.1m 0.70% Reduced -137 -137
73 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 2,5972.6k $3.0m $3.0m 0.00% Added +197 +197
74 Kestra Advisory Services, LLC 0.03% of their portfolio AUSTIN, TX 2,4292.4k $2.8m $2.8m 0.03% Added +665 +665
75 LexAurum Advisors, LLC 0.79% of their portfolio OVERLAND PARK, KS 2,2532.3k $2.6m $2.6m 0.79% Reduced -19 -19
76 SCHNIEDERS CAPITAL MANAGEMENT LLC 0.55% of their portfolio PASADENA, CA 2,2322.2k $2.6m $2.6m 0.55% Added +20 +20
77 SUMMITRY LLC 0.16% of their portfolio Foster City, CA 2,1582.2k $2.5m $2.5m 0.16% Reduced -35 -35
78 LAKE STREET PRIVATE WEALTH, LLC 0.41% of their portfolio CHICAGO, IL 1,9772.0k $2.3m $2.3m 0.41% Added +912 +912
79 Edgemoor Investment Advisors, Inc. 0.25% of their portfolio BETHESDA, MD 1,8931.9k $2.2m $2.2m 0.25% Reduced -105 -105
80 Seven Springs Wealth Group, LLC 1.01% of their portfolio BRENTWOOD, TN 1,8201.8k $2.1m $2.1m 1.01% Added +51 +51
81 MONTAG A & ASSOCIATES INC 0.13% of their portfolio ATLANTA, GA 1,8121.8k $2.2m $2.2m 0.13% Reduced -20 -20
82 GOODWIN DANIEL L 0.92% of their portfolio Oak Brook, IL 1,6371.6k $1.9m $1.9m 0.92% Unchanged
83 MARATHON CAPITAL MANAGEMENT 0.46% of their portfolio Hunt Valley, MD 1,5911.6k $1.9m $1.9m 0.46% Reduced -40 -40
84 MENLO ADVISORS LLC 1.16% of their portfolio MENLO PARK, CA 1,5771.6k $1.8m $1.8m 1.16% Reduced -70 -70
85 SCOTIA CAPITAL INC. 0.01% of their portfolio TORONTO, A6 1,5061.5k $1.8m $1.8m 0.01% Reduced -22 -22
86 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 1,4921.5k $1.7m $1.7m 0.00% Reduced -43 -43
87 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 1,4721.5k $1.7m $1.7m 0.00% Added +37 +37
88 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 1,4601.5k $1.7m $1.7m 0.00% Added +74 +74
89 Bedell Frazier Investment Counselling, LLC 0.49% of their portfolio Walnut Creek, CA 1,4171.4k $1.7m $1.7m 0.49% Reduced -278 -278
90 GFS Advisors, LLC 0.34% of their portfolio HOUSTON, TX 1,2901.3k $1.5m $1.5m 0.34% Unchanged
91 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 1,2761.3k $1.5m $1.5m 0.00% Unchanged
92 Pinnacle Holdings, LLC 0.65% of their portfolio TULSA, OK 1,2471.2k $1.5m $1.5m 0.65% Added +1.2k +1,218
93 KCM INVESTMENT ADVISORS LLC 0.06% of their portfolio GREENBRAE, CA 1,2061.2k $1.4m $1.4m 0.06% Reduced -53 -53
94 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 1,1671.2k $1.4m $1.4m 0.00% Reduced -40 -40
95 M&T Bank Corp 0.00% of their portfolio BUFFALO, NY 1,0991.1k $1.3m $1.3m 0.00% Reduced -298 -298
96 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 1,0531.1k $1.2m $1.2m 0.00% New
97 Sugarloaf Wealth Management, LLC 0.28% of their portfolio DULUTH, GA 1,0351.0k $1.2m $1.2m 0.28% Reduced -41 -41
98 IFP Advisors, Inc 0.03% of their portfolio TAMPA, FL 998998 $1.2m $1.2m 0.03% Added +254 +254
99 Curi Capital, LLC 0.04% of their portfolio CHICAGO, IL 980980 $1.1m $1.1m 0.04% Unchanged
100 Dana Investment Advisors, Inc. 0.05% of their portfolio BROOKFIELD, WI 932932 $1.1m $1.1m 0.05% Unchanged