Institutional investors purchased a net $313.0 million shares of BAC during the quarter ended December 2016 and now own 67.50% 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 54.9 Million shares of Bank of America
UBS ASSET MANAGEMENT (AMERICAS) ... Bought 38.1 Million shares of Bank of America
SSGA FUNDS MANAGEMENT, INC. Bought 33.1 Million shares of Bank of America