Neo Ivy Capital Management grew its position in shares of Bank of America Co. ( NYSE:BAC ) by 136.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,642 shares of the financial services provider's stock after purchasing an additional 10,742 shares during the period. Neo Ivy Capital Management's holdings in Bank of America were worth $617,000 at the end of the most recent quarter. Other hedge funds have also recently made changes to their positions in the company.

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