Beacon Financial Corp
160 hedge funds and large institutions have $884M invested in Beacon Financial Corp in 2021 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 46 increasing their positions, 64 reducing their positions, and 31 closing their positions.
32% more capital invested
Capital invested by funds: $667M → $884M (+$217M)
0.93% more ownership
Funds ownership: 76.77% → 77.7% (+0.93%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
10% less funds holding
Funds holding: 177 → 160 (-17)
28% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 64
52% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 31
55% less call options, than puts
Call options by funds: $453K | Put options by funds: $1.01M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$18.9M |
| 2 |
HAM
HoldCo Asset Management
Fort Lauderdale,
Florida
|
+$16.9M |
| 3 |
State Street
Boston,
Massachusetts
|
+$8.04M |
| 4 |
Goldman Sachs
New York
|
+$6.98M |
| 5 |
BCM
Basswood Capital Management
New York
|
+$6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
-$8.75M |
| 2 |
JAM
Jacobs Asset Management
New York
|
-$5.56M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$5.48M |
| 4 |
FL
Fourthstone LLC
St Louis,
Missouri
|
-$4.79M |
| 5 |
MCM
Maltese Capital Management
New York
|
-$4.19M |
BBT Hedge Fund Activity: Q1 2021 in Review
160 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Beacon Financial Corp (BBT) for Q1 2021, worth a combined $884M — up 32% from $667M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of BBT and 15 opened new positions — a net loss of 16 holders — while 64 trimmed existing stakes and 46 added.
The largest buyer was FJ Capital Management, opening a new position worth an estimated $18.9M. The largest seller was LSV Asset Management, cutting an estimated $8.75M.
- 160 institutional investors held Beacon Financial Corp (BBT) as of Q1 2021, down from 177 in Q4 2020.
- Funds reported $884M of Beacon Financial Corp stock for Q1 2021, up 32% quarter-over-quarter.
- 15 funds opened new Beacon Financial Corp positions in Q1 2021 and 31 closed out, a net change of -16 holders.
- The largest Beacon Financial Corp buyer in Q1 2021 was FJ Capital Management, an estimated $18.9M added.
- The largest Beacon Financial Corp seller in Q1 2021 was LSV Asset Management, an estimated $8.75M sold.
Based on aggregated 13F filings for Q1 2021.