Crowd Positioning: The Fourth Dimension in Investment Evaluation

Citi Multi Asset Research analysts Stephen Antczak, Jung Lee and Swati Verma track what the competition is doing in their research series “Where’s the Crowd?’ Part 1 (How to find out what the other guy is doing) was published on October 8. On October 21 the authors go a step ahead and take their methodology for a test drive, looking at what is crowded now – across both sectors and single names. We look at their analysis of Bank of America Corp (NYSE:BAC). Crowd positioning: The Fourth Dimension The authors state that after fundamentals, technicals and valuations, investment evaluation must also…