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BBT

Beacon Financial Corp
BBT

171 hedge funds and large institutions have $426M invested in Beacon Financial Corp in 2020 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 68 increasing their positions, 44 reducing their positions, and 30 closing their positions.

New
Increased
Maintained
Reduced
Closed

55% more repeat investments, than reductions

Existing positions increased: 68 | Existing positions reduced: 44

10% more first-time investments, than exits

New positions opened: 33 | Existing positions closed: 30

2% more funds holding

Funds holding: 168 → 171 (+3)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

3.96% less ownership

Funds ownership: 80.76% → 76.8% (-4%)

29% less capital invested

Capital invested by funds: $602M → $426M (-$177M)

Holders
171
Holders Change
+3
Holders Change %
+1.79%
% of All Funds
3.51%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.02%
New
33
Increased
68
Reduced
44
Closed
30
Calls
$228K
Puts
–
Net Calls
+$228K
Net Calls Change
+$228K

Top Buyers

Rank Fund Capital Flow
1
Millennium Management
Millennium Management
New York
+$6.33M
2
FL
Fourthstone LLC
Missouri
+$5.74M
3
BlackRock
BlackRock
New York
+$3.6M
4
BCM
BHZ Capital Management
California
+$3.15M
5
Arrowstreet Capital
Arrowstreet Capital
Massachusetts
+$2.78M

Top Sellers

Rank Fund Capital Flow
1
Victory Capital Management
Victory Capital Management
Texas
-$31.2M
2
WHG
Westwood Holdings Group
Texas
-$14.1M
3
N
Nuveen
North Carolina
-$7.92M
4
Invesco
Invesco
Georgia
-$6.5M
5
HAM
Hillcrest Asset Management
Texas
-$5M
Name Holding Trade Value Shares
Change 		Change in
Stake
Federated Hermes
26
Federated Hermes
Pennsylvania
$3.8M +$2.59M +201,204 +140%
Arrowstreet Capital
27
Arrowstreet Capital
Massachusetts
$3.67M +$2.78M +216,260 +186%
Citadel Advisors
28
Citadel Advisors
Florida
$3.6M +$2.73M +212,412 +186%
Goldman Sachs
29
Goldman Sachs
New York
$3.56M +$843K +65,583 +25%
BCM
30
Bridgeway Capital Management
Texas
$2.57M – – –
HAI
31
Hennessy Advisors Inc
California
$2.54M +$1.54M +120,000 +109%
SEI Investments
32
SEI Investments
Pennsylvania
$2.53M +$401K +31,228 +16%
D.E. Shaw & Co
33
D.E. Shaw & Co
New York
$2.38M +$2.31M +179,478 +496%
Ameriprise
34
Ameriprise
Minnesota
$2.26M -$816K -63,495 -24%
Two Sigma Investments
35
Two Sigma Investments
New York
$2.13M +$2.19M +170,362 +744%
FP
36
Foundry Partners
Minnesota
$2.02M -$2.05M -159,332 -46%
WHG
37
Westwood Holdings Group
Texas
$2M -$14.1M -1,101,174 -86%
GWI
38
Grace & White Inc
New York
$1.85M +$987K +76,800 +85%
PPA
39
Parametric Portfolio Associates
Washington
$1.78M -$96.7K -7,525 -4%
Public Sector Pension Investment Board (PSP Investments)
40
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$1.76M +$815K +63,433 +66%
Morgan Stanley
41
Morgan Stanley
New York
$1.71M -$187K -14,556 -9%
QI
42
QS Investors
New York
$1.7M +$919K +71,500 +87%
RhumbLine Advisers
43
RhumbLine Advisers
Massachusetts
$1.63M -$124K -9,621 -6%
MWNA
44
Marshall Wace North America
New York
$1.57M +$1.83M +142,574 New
Legal & General Group
45
Legal & General Group
United Kingdom
$1.5M +$111K +8,624 +7%
Wells Fargo
46
Wells Fargo
California
$1.45M +$281K +21,906 +20%
Voloridge Investment Management
47
Voloridge Investment Management
Florida
$1.41M +$1.3M +101,479 +381%
Assenagon Asset Management
48
Assenagon Asset Management
Luxembourg
$1.38M +$696K +54,190 +76%
Marshall Wace
49
Marshall Wace
United Kingdom
$1.28M +$1.49M +115,765 New
California Public Employees Retirement System
50
California Public Employees Retirement System
California
$1.15M +$19.3K +1,502 +1%
1
2
3 4 5

BBT Hedge Fund Activity: Q2 2020 in Review

171 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Beacon Financial Corp (BBT) for Q2 2020, worth a combined $426M — down 29% from $602M a quarter earlier.

Buyers outnumbered sellers: 33 funds opened new BBT positions and 30 closed out — a net gain of 3 holders — while 68 added to existing stakes and 44 trimmed.

The largest buyer was Millennium Management, adding an estimated $6.33M. The largest seller was Victory Capital Management, cutting an estimated $31.2M.

  • 171 institutional investors held Beacon Financial Corp (BBT) as of Q2 2020, up from 168 in Q1 2020.
  • Funds reported $426M of Beacon Financial Corp stock for Q2 2020, down 29% quarter-over-quarter.
  • 33 funds opened new Beacon Financial Corp positions in Q2 2020 and 30 closed out, a net change of +3 holders.
  • The largest Beacon Financial Corp buyer in Q2 2020 was Millennium Management, an estimated $6.33M added.
  • The largest Beacon Financial Corp seller in Q2 2020 was Victory Capital Management, an estimated $31.2M sold.

Based on aggregated 13F filings for Q2 2020.