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BBT

Beacon Financial Corp
BBT

173 hedge funds and large institutions have $914M invested in Beacon Financial Corp in 2023 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 55 increasing their positions, 68 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

26% more capital invested

Capital invested by funds: $726M → $914M (+$188M)

1.97% more ownership

Funds ownership: 82.31% → 84.28% (+2%)

7% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 14

1% more funds holding

Funds holding: 172 → 173 (+1)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

19% less repeat investments, than reductions

Existing positions increased: 55 | Existing positions reduced: 68

Holders
173
Holders Change
+1
Holders Change %
+0.58%
% of All Funds
2.52%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.01%
New
15
Increased
55
Reduced
68
Closed
14
Calls
$2K
Puts
–
Net Calls
+$2K
Net Calls Change
+$44K

Top Buyers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
+$13M
2
LSV Asset Management
LSV Asset Management
Illinois
+$6.02M
3
Arrowstreet Capital
Arrowstreet Capital
Massachusetts
+$2M
4
American Century Companies
American Century Companies
Missouri
+$1.91M
5
State Street
State Street
Massachusetts
+$1.77M

Top Sellers

Rank Fund Capital Flow
1
Goldman Sachs
Goldman Sachs
New York
-$7.81M
2
AllianceBernstein
AllianceBernstein
Tennessee
-$3.63M
3
First Trust Advisors
First Trust Advisors
Illinois
-$2.28M
4
CSS
Cubist Systematic Strategies
Connecticut
-$2.23M
5
CCMG
Clark Capital Management Group
Pennsylvania
-$1.82M
Name Holding Trade Value Shares
Change 		Change in
Stake
Principal Financial Group
26
Principal Financial Group
Iowa
$5.55M -$305K -14,130 -6%
SVBP
27
Strategic Value Bank Partners
Ohio
$5.38M – – –
Bank of America
28
Bank of America
North Carolina
$5.23M +$916K +42,481 +25%
LPL Financial
29
LPL Financial
California
$5.18M -$2.78K -129 -0.1%
GWI
30
Grace & White Inc
New York
$4.95M +$366K +17,000 +9%
Jacobs Levy Equity Management
31
Jacobs Levy Equity Management
New Jersey
$4.89M -$191K -8,840 -4%
Goldman Sachs
32
Goldman Sachs
New York
$4.84M -$7.81M -362,465 -65%
D.E. Shaw & Co
33
D.E. Shaw & Co
New York
$4.79M +$237K +10,979 +6%
VOYA Investment Management
34
VOYA Investment Management
Georgia
$4.69M -$252K -11,671 -6%
JP Morgan Chase
35
JP Morgan Chase
New York
$3.88M +$1.48M +68,631 +78%
BCM
36
Basswood Capital Management
New York
$3.67M – – –
RhumbLine Advisers
37
RhumbLine Advisers
Massachusetts
$3.33M -$65.5K -3,037 -2%
Commonwealth Equity Services
38
Commonwealth Equity Services
Massachusetts
$3.03M +$8.64K +401 +0.3%
Legal & General Group
39
Legal & General Group
United Kingdom
$2.91M -$52.4K -2,429 -2%
EF
40
Empowered Funds
Pennsylvania
$2.79M +$217K +10,088 +10%
Millennium Management
41
Millennium Management
New York
$2.77M -$1.04M -48,309 -30%
Barclays
42
Barclays
United Kingdom
$2.43M +$649K +30,127 +45%
Thrivent Financial for Lutherans
43
Thrivent Financial for Lutherans
Minnesota
$2.35M -$207K -9,594 -9%
Arrowstreet Capital
44
Arrowstreet Capital
Massachusetts
$2.3M +$2M +92,730 New
Two Sigma Advisers
45
Two Sigma Advisers
New York
$2.25M -$229K -10,600 -10%
Public Sector Pension Investment Board (PSP Investments)
46
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$2.21M +$745K +34,580 +64%
Swiss National Bank
47
Swiss National Bank
Switzerland
$2.16M -$213K -9,900 -10%
SEI Investments
48
SEI Investments
Pennsylvania
$2.15M -$197K -9,140 -10%
HSBC Holdings
49
HSBC Holdings
United Kingdom
$2.07M +$1.31M +60,762 +273%
Fidelity Investments
50
Fidelity Investments
Massachusetts
$2M -$111K -5,172 -6%
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BBT Hedge Fund Activity: Q4 2023 in Review

173 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Beacon Financial Corp (BBT) for Q4 2023, worth a combined $914M — up 26% from $726M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new BBT positions and 14 closed out — a net gain of 1 holder — while 55 added to existing stakes and 68 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $13M. The largest seller was Goldman Sachs, cutting an estimated $7.81M.

  • 173 institutional investors held Beacon Financial Corp (BBT) as of Q4 2023, up from 172 in Q3 2023.
  • Funds reported $914M of Beacon Financial Corp stock for Q4 2023, up 26% quarter-over-quarter.
  • 15 funds opened new Beacon Financial Corp positions in Q4 2023 and 14 closed out, a net change of +1 holder.
  • The largest Beacon Financial Corp buyer in Q4 2023 was Morgan Stanley, an estimated $13M added.
  • The largest Beacon Financial Corp seller in Q4 2023 was Goldman Sachs, an estimated $7.81M sold.

Based on aggregated 13F filings for Q4 2023.