"Four of Bank of America's top 10 shareholders have sold 10% or more of their holdings since March, and the bank's shares are down 34% since reaching a 52-week high of $19.86 in mid-April."
I did not check those holders specifically. Since a few top hedge funds earned an enormous profit from loading a huge amount of shares of BOA and other banks, it is likely that some of them are among those four.
http://online.wsj.com/article/SB10001424052748704127904575544161532372790.html?mod=WSJ_hps_LEFTWhatsNews
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