Institutional investors purchased a net $19.2 million shares of BAC during the quarter ended September 2015 and now own 63.35% 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
STANDARD LIFE INVESTMENTS (USA) ... Bought 28.9 Million shares of Bank of America
AJO LP Bought 24.3 Million shares of Bank of America
LAZARD ASSET MANAGEMENT LLC Bought 19.2 Million shares of Bank of America