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BBT

Beacon Financial Corp

165 hedge funds and large institutions have $1.11B invested in Beacon Financial Corp in 2021 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 46 increasing their positions, 58 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

493% more call options, than puts

Call options by funds: $1.87M | Put options by funds: $315K

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

30% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 20

25% more capital invested

Capital invested by funds: $884M → $1.11B (+$221M)

3% more funds holding

Funds holding: 160165 (+5)

1.06% more ownership

Funds ownership: 77.7%78.76% (+1.1%)

21% less repeat investments, than reductions

Existing positions increased: 46 | Existing positions reduced: 58

Holders
165
Holders Change
+5
Holders Change %
+3.13%
% of All Funds
2.87%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.05%
New
26
Increased
46
Reduced
58
Closed
20
Calls
$1.87M
Puts
$315K
Net Calls
+$1.55M
Net Calls Change
+$2.11M
Name Holding Trade Value Shares
Change
Change in
Stake
BCM
26
Bridgeway Capital Management
Texas
$9.6M +$2.73M +107,700 +44%
BCM
27
BHZ Capital Management
California
$8.46M -$1.82M -71,651 -19%
EPCA
28
Elizabeth Park Capital Advisors
Ohio
$8.25M -$2.6M -102,334 -25%
AllianceBernstein
29
AllianceBernstein
Tennessee
$7.41M +$5.41M +213,122 +373%
Wellington Management Group
30
Wellington Management Group
Massachusetts
$7.25M +$6.72M +264,616 New
Morgan Stanley
31
Morgan Stanley
New York
$6.87M +$2.98M +117,406 +88%
Balyasny Asset Management
32
Balyasny Asset Management
Illinois
$6.45M +$5.97M +235,269 New
HAI
33
Hennessy Advisors Inc
California
$6.44M -$254K -10,000 -4%
SEI Investments
34
SEI Investments
Pennsylvania
$6.25M -$21.8K -859 -0.4%
Goldman Sachs
35
Goldman Sachs
New York
$5.83M -$9.73M -383,370 -64%
Thrivent Financial for Lutherans
36
Thrivent Financial for Lutherans
Minnesota
$4.79M -$5.75M -226,646 -56%
GWI
37
Grace & White Inc
New York
$4.54M -$924K -36,400 -18%
RhumbLine Advisers
38
RhumbLine Advisers
Massachusetts
$4.36M -$90.6K -3,570 -2%
BCM
39
Basswood Capital Management
New York
$4.05M -$12.9M -509,347 -78%
Commonwealth Equity Services
40
Commonwealth Equity Services
Massachusetts
$4.04M +$131K +5,154 +4%
EC
41
EJF Capital
Virginia
$3.75M -$2.14M -84,440 -38%
Legal & General Group
42
Legal & General Group
United Kingdom
$3.74M -$546K -21,501 -14%
PI
43
Putnam Investments
Massachusetts
$3.38M -$78.7K -3,100 -2%
Prudential Financial
44
Prudential Financial
New Jersey
$3.35M -$402K -15,833 -11%
Bank of America
45
Bank of America
North Carolina
$3.07M -$1.63M -64,181 -36%
Swiss National Bank
46
Swiss National Bank
Switzerland
$3.07M +$188K +7,400 +7%
Public Sector Pension Investment Board (PSP Investments)
47
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$2.96M +$82.6K +3,255 +3%
Barclays
48
Barclays
United Kingdom
$2.38M -$172K -6,769 -7%
TEE
49
Tibra Equities Europe
United Kingdom
$2.34M +$1.76M +69,246 New
PCM
50
Prelude Capital Management
New York
$2.04M +$217K +8,546 +13%

BBT Hedge Fund Activity: Q2 2021 in Review

165 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Beacon Financial Corp (BBT) for Q2 2021, worth a combined $1.11B — up 25% from $884M a quarter earlier.

Buyers outnumbered sellers: 26 funds opened new BBT positions and 20 closed out — a net gain of 6 holders — while 46 added to existing stakes and 58 trimmed.

The largest buyer was Investment Counselors of Maryland, opening a new position worth an estimated $30.6M. The largest seller was Basswood Capital Management, cutting an estimated $12.9M.

  • 165 institutional investors held Beacon Financial Corp (BBT) as of Q2 2021, up from 160 in Q1 2021.
  • Funds reported $1.11B of Beacon Financial Corp stock for Q2 2021, up 25% quarter-over-quarter.
  • 26 funds opened new Beacon Financial Corp positions in Q2 2021 and 20 closed out, a net change of +6 holders.
  • The largest Beacon Financial Corp buyer in Q2 2021 was Investment Counselors of Maryland, an estimated $30.6M added.
  • The largest Beacon Financial Corp seller in Q2 2021 was Basswood Capital Management, an estimated $12.9M sold.

Based on aggregated 13F filings for Q2 2021.