Institutional investors purchased a net $63.0 million shares of BAC during the quarter ended March 2013 and now own 58.92% of the total shares outstanding. This majority interest is a greater percentage than is typical for companies in the Major Banks industry and highlights that the smart money sees this stock as an important holding.
Mutual fund holders
Largest Quarterly Institutional Transactions
Latest Institutional Activity
FIDELITY MANAGEMENT & RESEARCH C... Bought 41.5 Million shares of Bank of America Corp
BLACKROCK ADVISORS LLC Bought 29.9 Million shares of Bank of America Corp
ROBECO INVESTMENT MANAGEMENT, IN... Bought 19.1 Million shares of Bank of America Corp