Institutional investors purchased a net $30.4 million shares of BAC during the quarter ended September 2016 and now own 64.02% 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
VIKING GLOBAL INVESTORS LP Bought 25.1 Million shares of Bank of America
POINTSTATE CAPITAL LP Bought 21.7 Million shares of Bank of America
MASSACHUSETTS FINANCIAL SERVICES... Bought 15.1 Million shares of Bank of America