Beacon Financial Corp
188 hedge funds and large institutions have $971M invested in Beacon Financial Corp in 2024 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 62 increasing their positions, 61 reducing their positions, and 14 closing their positions.
440% more call options, than puts
Call options by funds: $27K | Put options by funds: $5K
71% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 14
18% more capital invested
Capital invested by funds: $824M → $971M (+$147M)
6% more funds holding
Funds holding: 178 → 188 (+10)
2% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 61
0.35% more ownership
Funds ownership: 83.52% → 83.86% (+0.35%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$8.54M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$7.68M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$7.07M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$6.29M |
| 5 |
Millennium Management
New York
|
+$3.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
-$25M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$6.33M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
-$5.7M |
| 4 |
Verition Fund Management
Greenwich,
Connecticut
|
-$4.33M |
| 5 |
D.E. Shaw & Co
New York
|
-$3.4M |
BBT Hedge Fund Activity: Q3 2024 in Review
188 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Beacon Financial Corp (BBT) for Q3 2024, worth a combined $971M — up 18% from $824M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new BBT positions and 14 closed out — a net gain of 10 holders — while 62 added to existing stakes and 61 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $8.54M. The largest seller was Clark Capital Management Group, cutting an estimated $25M.
- 188 institutional investors held Beacon Financial Corp (BBT) as of Q3 2024, up from 178 in Q2 2024.
- Funds reported $971M of Beacon Financial Corp stock for Q3 2024, up 18% quarter-over-quarter.
- 24 funds opened new Beacon Financial Corp positions in Q3 2024 and 14 closed out, a net change of +10 holders.
- The largest Beacon Financial Corp buyer in Q3 2024 was Goldman Sachs, an estimated $8.54M added.
- The largest Beacon Financial Corp seller in Q3 2024 was Clark Capital Management Group, an estimated $25M sold.
Based on aggregated 13F filings for Q3 2024.