Vault-13

BANK AMERICA CORP BAC 7.25 PERP L

7.25%CNV PFD L · PUBLIC · CUSIP 060505682

262 institutional holders +14 vs Q1 2024
2,517,0802.5m shares reported held*
$2.2bnreported value*
25 new 72 added 76 reduced 13 sold out net sold ≈ $138.1m (-924.6k 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 ($61.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $885.55.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 206Q4 22: 222Q1 23: 226Q2 23: 230Q3 23: 224Q4 23: 240Q1 24: 248Q2 24: 262262Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022206
Q4 2022222
Q1 2023226
Q2 2023230
Q3 2023224
Q4 2023240
Q1 2024248
Q2 2024262

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 outQ2 23: 73 bought or addedQ2 23: 81 cut or sold outQ2 23Q3 23: 67 bought or addedQ3 23: 92 cut or sold outQ4 23: 92 bought or addedQ4 23: 92 cut or sold outQ4 23Q1 24: 92 bought or addedQ1 24: 89 cut or sold outQ2 24: 97 bought or addedQ2 24: 89 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20229673
Q1 20238981
Q2 20237381
Q3 20236792
Q4 20239292
Q1 20249289
Q2 20249789

Biggest buyers

CAMDEN ASSET MANAGEMENT L P /CA Added +19,022+19.0k
VOYA INVESTMENT MANAGEMENT LLC Added +17,200+17.2k
Focus Partners Wealth New +15,845+15.8k
Advisors Capital Management, LLC New +7,288+7.3k
WELLINGTON MANAGEMENT GROUP LLP Added +5,379+5.4k
Relative Value Partners Group, LLC New +3,180+3.2k
LORD, ABBETT & CO. LLC Added +2,390+2.4k
VICTORY CAPITAL MANAGEMENT INC Added +2,241+2.2k
FIRST TRUST ADVISORS LP Added +1,867+1.9k
AGF MANAGEMENT LTD Added +1,700+1.7k

Biggest sellers

LOOMIS SAYLES & CO L P Reduced -836,660-836.7k
MORGAN STANLEY Reduced -70,653-70.7k
Mirae Asset Global Investments Co., Ltd. Reduced -55,166-55.2k
JPMORGAN CHASE & CO Reduced -21,582-21.6k
STATE STREET CORP Reduced -6,200-6.2k
FMR LLC Reduced -4,200-4.2k
BlackRock Inc. Reduced -4,096-4.1k
AEGON USA Investment Management, LLC Reduced -3,909-3.9k
WHALEROCK POINT PARTNERS, LLC Sold out -2,868-2.9k
MACQUARIE GROUP LTD Reduced -1,860-1.9k

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LOOMIS SAYLES & CO L P 0.03% of their portfolio BOSTON, MA 608,220608.2k $24.2m $24.2m 0.03% Reduced -836.7k -836,660
2 VOYA INVESTMENT MANAGEMENT LLC 0.33% of their portfolio ATLANTA, GA 284,255284.3k $340.0m $340.0m 0.33% Added +17.2k +17,200
3 ADVENT CAPITAL MANAGEMENT /DE/ 5.37% of their portfolio NEW YORK, NY 181,932181.9k $221.6m $221.6m 5.37% Added +153 +153
4 BlackRock Inc. 0.00% of their portfolio New York, NY 152,150152.2k $182.0m $182.0m 0.00% Reduced -4.1k -4,096
5 Valeo Financial Advisors, LLC 0.02% of their portfolio CARMEL, IN 92,71092.7k $487.1k $487.1k 0.02% Reduced -77 -77
6 VICTORY CAPITAL MANAGEMENT INC 0.11% of their portfolio San Antonio, TX 91,86591.9k $109.9m $109.9m 0.11% Added +2.2k +2,241
7 FIRST TRUST ADVISORS LP 0.10% of their portfolio Wheaton, IL 84,59184.6k $101.2m $101.2m 0.10% Added +1.9k +1,867
8 CAMDEN ASSET MANAGEMENT L P /CA 2.29% of their portfolio Los Angeles, CA 63,28563.3k $75.8m $75.8m 2.29% Added +19.0k +19,022
9 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.18% of their portfolio CAUSEWAY BAY, K3 61,93661.9k $74.1m $74.1m 0.18% First filing
10 STONEBRIDGE ADVISORS LLC 38.84% of their portfolio WILTON, CT 49,78749.8k $59.6m $59.6m 38.84% Added +481 +481
11 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 45,89845.9k $55.0m $55.0m 0.00% Reduced -6.2k -6,200
12 FMR LLC 0.00% of their portfolio BOSTON, MA 45,26845.3k $54.2m $54.2m 0.00% Reduced -4.2k -4,200
13 LORD, ABBETT & CO. LLC 0.09% of their portfolio JERSEY CITY, NJ 44,39844.4k $53.3m $53.3m 0.09% Added +2.4k +2,390
14 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.05% of their portfolio Toronto, A6 42,51542.5k $51.0m $51.0m 0.05% Added +22 +22
15 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 38,17138.2k $45.7m $45.7m 0.01% Added +520 +520
16 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 37,18237.2k $44.5m $44.5m 0.00% Reduced -21.6k -21,582
17 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 33,84033.8k $40.5m $40.5m 0.00% Reduced -70.7k -70,653
18 MacKay Shields LLC 1.11% of their portfolio New York, NY 30,45530.5k $36.5m $36.5m 1.11% Reduced -481 -481
19 Calamos Advisors LLC 0.17% of their portfolio NAPERVILLE, IL 29,17529.2k $34.9m $34.9m 0.17% Reduced -69 -69
20 First Eagle Investment Management, LLC 0.07% of their portfolio NEW YORK, NY 24,54124.5k $29.4m $29.4m 0.07% Reduced -1.7k -1,720
21 AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio KANSAS CITY, MO 24,49324.5k $29.4m $29.4m 0.02% Added +209 +209
22 Thrivent Financial for Lutherans 0.06% of their portfolio Minneapolis, MN 23,71423.7k $28.4m $28.4m 0.06% Reduced -150 -150
23 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 23,69423.7k $28.3m $28.3m 0.01% Reduced -44 -44
24 VILLERE ST DENIS J & CO LLC 2.14% of their portfolio New Orleans, LA 21,14721.1k $25.3m $25.3m 2.14% Reduced -207 -207
25 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 20,92720.9k $25.0m $25.0m 0.01% Reduced -468 -468
26 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 19,04519.0k $22.8m $22.8m 0.00% Added +10 +10
27 PIER 88 INVESTMENT PARTNERS LLC 4.84% of their portfolio SAN FRANCISCO, CA 18,03318.0k $21.6m $21.6m 4.84% Added +300 +300
28 SSI INVESTMENT MANAGEMENT LLC 1.56% of their portfolio Los Angeles, CA 16,95417.0k $20.3m $20.3m 1.56% Reduced -303 -303
29 Focus Partners Wealth 0.06% of their portfolio ST LOUIS, MO 15,84515.8k $19.0m $19.0m 0.06% New
30 EVERETT HARRIS & CO /CA/ 0.23% of their portfolio LOS ANGELES, CA 15,30115.3k $18.3m $18.3m 0.23% Reduced -640 -640
31 NEW YORK STATE COMMON RETIREMENT FUND 0.02% of their portfolio ALBANY, NY 14,92014.9k $17.8m $17.8m 0.02% Added +472 +472
32 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 12,61912.6k $15.1m $15.1m 0.00% Unchanged
33 Phraction Management LLC 5.00% of their portfolio COLCHESTER, CT 11,24311.2k $13.4m $13.4m 5.00% Added +832 +832
34 CAPTRUST FINANCIAL ADVISORS 0.04% of their portfolio RALEIGH, NC 11,16011.2k $13.3m $13.3m 0.04% Added +294 +294
35 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 11,00511.0k $13.2m $13.2m 0.00% Reduced -235 -235
36 NEW ENGLAND ASSET MANAGEMENT INC 1.87% of their portfolio FARMINGTON, CT 9,4359.4k $11.3m $11.3m 1.87% Unchanged
37 Oxbow Advisors, LLC 1.23% of their portfolio Austin, TX 8,7878.8k $10.5m $10.5m 1.23% Added +102 +102
38 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 8,5108.5k $10.2m $10.2m 0.01% Added +814 +814
39 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 7,8987.9k $9.4m $9.4m 0.00% Reduced -1.3k -1,269
40 JRM Investment Counsel, LLC 3.00% of their portfolio OMAHA, NE 7,4447.4k $8.9m $8.9m 3.00% Reduced -958 -958
41 Advisors Capital Management, LLC 0.15% of their portfolio RIDGEWOOD, NJ 7,2887.3k $8.7m $8.7m 0.15% New
42 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 7,2767.3k $8.7m $8.7m 0.00% Added +5.4k +5,379
43 RB Capital Management, LLC 2.00% of their portfolio RENO, NV 6,5566.6k $7.8m $7.8m 2.00% Reduced -166 -166
44 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 6,4956.5k $7.8m $7.8m 0.01% Added +200 +200
45 Stratos Wealth Partners, LTD. 0.12% of their portfolio BEACHWOOD, OH 6,3006.3k $7.5m $7.5m 0.12% Reduced -172 -172
46 CONNING INC. 0.27% of their portfolio HARTFORD, CT 6,2356.2k $7.5m $7.5m 0.27% Unchanged
47 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 6,1656.2k $7.4m $7.4m 0.00% Added +1.2k +1,226
48 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 6,1156.1k $7.3m $7.3m 0.01% Reduced -54 -54
49 RATIONAL ADVISORS, INC. 0.61% of their portfolio San Juan, PR 5,2485.2k $6.3m $6.3m 0.61% Added +300 +300
50 LAZARD ASSET MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 4,7274.7k $5.7m $5.7m 0.01% Unchanged
51 OPPENHEIMER & CO INC 0.09% of their portfolio NEW YORK, NY 4,7004.7k $5.6m $5.6m 0.09% Reduced -30 -30
52 PALISADE CAPITAL MANAGEMENT, LP 0.15% of their portfolio FORT LEE, NJ 4,6224.6k $5.6m $5.6m 0.15% Reduced -21 -21
53 Hudson Capital Management LLC 1.80% of their portfolio RAMSEY, NJ 4,4834.5k $5.4m $5.4m 1.80% Added +198 +198
54 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 4,4174.4k $5.3m $5.3m 0.00% Added +936 +936
55 AGF MANAGEMENT LTD 0.03% of their portfolio TORONTO, A6 4,1004.1k $4.9m $4.9m 0.03% Added +1.7k +1,700
56 AEGON USA Investment Management, LLC 3.85% of their portfolio CEDAR RAPIDS, IA 4,0414.0k $4.8m $4.8m 3.85% Reduced -3.9k -3,909
57 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 4,0164.0k $4.8m $4.8m 0.01% Added +91 +91
58 UBS Group AG 0.00% of their portfolio ZURICH, V8 3,9904.0k $4.8m $4.8m 0.00% Reduced -98 -98
59 Kestra Advisory Services, LLC 0.02% of their portfolio AUSTIN, TX 3,6263.6k $4.3m $4.3m 0.02% Added +384 +384
60 Peloton Wealth Strategists 1.75% of their portfolio INDIANAPOLIS, IN 3,5503.5k $4.2m $4.2m 1.75% Added +41 +41
61 LAFFER TENGLER INVESTMENTS, INC. 0.84% of their portfolio Scottsdale, AZ 3,2503.2k $3.9m $3.9m 0.84% Reduced -223 -223
62 Marathon Trading Investment Management LLC 1.03% of their portfolio RADNOR, PA 3,2233.2k $3.9m $3.9m 1.03% Unchanged
63 WOLVERINE ASSET MANAGEMENT LLC 0.07% of their portfolio CHICAGO, IL 3,2153.2k $3.8m $3.8m 0.07% Unchanged
64 Relative Value Partners Group, LLC 0.49% of their portfolio NORTHBROOK, IL 3,1803.2k $3.8m $3.8m 0.49% New
65 LAKE STREET PRIVATE WEALTH, LLC 0.49% of their portfolio CHICAGO, IL 3,1803.2k $3.8m $3.8m 0.49% Added +35 +35
66 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 3,0743.1k $3.7m $3.7m 0.01% Added +159 +159
67 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 3,0023.0k $3.6m $3.6m 0.00% Reduced -97 -97
68 Alken Asset Management Ltd 55.35% of their portfolio LONDON, X0 2,9503.0k $3.5m $3.5m 55.35% Unchanged
69 MONTAG A & ASSOCIATES INC 0.17% of their portfolio ATLANTA, GA 2,8312.8k $3.4m $3.4m 0.17% Added +371 +371
70 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 2,7592.8k $3.3m $3.3m 0.00% Added +7 +7
71 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 2,6752.7k $3.2m $3.2m 0.00% Reduced -1.9k -1,860
72 Seven Springs Wealth Group, LLC 1.19% of their portfolio BRENTWOOD, TN 2,5362.5k $3.0m $3.0m 1.19% Added +83 +83
73 Uniplan Investment Counsel, Inc. 0.27% of their portfolio MILWAUKEE, WI 2,5042.5k $3.0m $3.0m 0.27% Added +36 +36
74 Mariner, LLC 0.01% of their portfolio Overland Park, KS 2,4652.5k $2.9m $2.9m 0.01% Reduced -1.2k -1,181
75 FOUNDERS CAPITAL MANAGEMENT, LLC 0.52% of their portfolio Hartford, CT 2,4372.4k $2.9m $2.9m 0.52% Unchanged
76 SG Americas Securities, LLC 0.02% of their portfolio NEW YORK, NY 2,4302.4k $2.9m $2.9m 0.02% Reduced -800 -800
77 ALEXANDER LABRUNERIE & CO., INC. 1.47% of their portfolio COLUMBIA, MO 2,2812.3k $2.7m $2.7m 1.47% Reduced -107 -107
78 LexAurum Advisors, LLC 0.65% of their portfolio OVERLAND PARK, KS 2,2342.2k $2.7m $2.7m 0.65% Reduced -63 -63
79 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 2,2202.2k $2.7m $2.7m 0.00% Reduced -5 -5
80 KCM INVESTMENT ADVISORS LLC 0.09% of their portfolio GREENBRAE, CA 2,2122.2k $2.6m $2.6m 0.09% Added +788 +788
81 Xcel Wealth Management, LLC 0.80% of their portfolio Holly Hill, FL 2,1322.1k $2.6m $2.6m 0.80% Added +496 +496
82 SUMMITRY LLC 0.11% of their portfolio Foster City, CA 1,8451.8k $2.2m $2.2m 0.11% Reduced -214 -214
83 Edgemoor Investment Advisors, Inc. 0.18% of their portfolio BETHESDA, MD 1,6571.7k $2.0m $2.0m 0.18% Reduced -20 -20
84 Cove Private Wealth, LLC 1.48% of their portfolio Oyster Bay Cove, NY 1,5501.6k $1.9m $1.9m 1.48% Unchanged
85 Snowden Capital Advisors LLC 0.05% of their portfolio New York, NY 1,4871.5k $1.8m $1.8m 0.05% Added +630 +630
86 Curi Capital, LLC 0.04% of their portfolio CHICAGO, IL 1,4621.5k $1.7m $1.7m 0.04% Reduced -218 -218
87 SCOTIA CAPITAL INC. 0.01% of their portfolio TORONTO, A6 1,4511.5k $1.7m $1.7m 0.01% Reduced -5 -5
88 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 1,3701.4k $1.6m $1.6m 0.00% Reduced -77 -77
89 SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio London, X0 1,3411.3k $1.6m $1.6m 0.00% Added +190 +190
90 Magnus Financial Group LLC 0.18% of their portfolio NEW YORK, NY 1,3261.3k $1.6m $1.6m 0.18% Reduced -130 -130
91 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 1,2731.3k $1.5m $1.5m 0.00% Added +216 +216
92 MARATHON CAPITAL MANAGEMENT 0.37% of their portfolio Hunt Valley, MD 1,2281.2k $1.5m $1.5m 0.37% Reduced -76 -76
93 McClarren Financial Advisors, Inc. 0.00% of their portfolio STATE COLLEGE, PA 1,1961.2k $11 $11 0.00% Added +1.2k +1,186
94 SCHNIEDERS CAPITAL MANAGEMENT LLC 0.28% of their portfolio PASADENA, CA 1,1591.2k $1.4m $1.4m 0.28% Reduced -685 -685
95 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 1,1591.2k $1.4m $1.4m 0.00% Unchanged
96 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 1,1391.1k $1.3m $1.3m 0.01% First filing
97 Pinnacle Holdings, LLC 0.50% of their portfolio TULSA, OK 1,0311.0k $1.2m $1.2m 0.50% Reduced -13 -13
98 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 1,0211.0k $1.2m $1.2m 0.00% Reduced -42 -42
99 Synergy Asset Management, LLC 0.19% of their portfolio VANCOUVER, WA 1,0041.0k $1.2m $1.2m 0.19% New
100 StoneX Group Inc. 0.09% of their portfolio NEW YORK, NY 978978 $1.2m $1.2m 0.09% Added +35 +35