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BBT

Beacon Financial Corp

117 hedge funds and large institutions have $441M invested in Beacon Financial Corp in 2013 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 55 increasing their positions, 33 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more repeat investments, than reductions

Existing positions increased: 55 | Existing positions reduced: 33

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

1.96% less ownership

Funds ownership: 75.15%73.19% (-2%)

8% less funds holding

Funds holding: 127117 (-10)

16% less capital invested

Capital invested by funds: $523M → $441M (-$82.2M)

53% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 17

Holders
117
Holders Change
-10
Holders Change %
-7.87%
% of All Funds
3.79%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
8
Increased
55
Reduced
33
Closed
17
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
TA
51
Teachers Advisors
New York
$910K +$23.5K +895 +3%
NFA
52
Nationwide Fund Advisors
Ohio
$902K -$1.06M -40,460 -53%
BMCMI
53
Bryn Mawr Capital Management Inc
Pennsylvania
$875K -$1.3M -49,434 -59%
First Trust Advisors
54
First Trust Advisors
Illinois
$873K +$87.7K +3,345 +11%
BG
55
BlackRock Group
United Kingdom
$817K +$33.9K +1,294 +4%
CGI
56
CI Global Investments
California
$753K -$5.64M -215,000 -88%
Morgan Stanley
57
Morgan Stanley
New York
$752K -$520K -19,854 -40%
CC
58
Curian Capital
Colorado
$714K +$12.4K +475 +2%
CS
59
Credit Suisse
Switzerland
$709K +$250K +9,541 +51%
State Board of Administration of Florida Retirement System
60
State Board of Administration of Florida Retirement System
Florida
$682K
BFS
61
Bradley Foster & Sargent
Connecticut
$652K +$144K +5,487 +27%
EEG
62
E.E. Geduld
$628K
SBH
63
Segall Bryant & Hamill
Illinois
$610K +$136K +5,200 +27%
MAA
64
Managed Account Advisors
New Jersey
$607K -$111K -4,223 -15%
Prudential Financial
65
Prudential Financial
New Jersey
$580K -$152K -5,800 -20%
Swiss National Bank
66
Swiss National Bank
Switzerland
$560K -$31.5K -1,200 -5%
DC
67
Deere & Company
Illinois
$524K
MLICM
68
Metropolitan Life Insurance Company (MetLife)
New York
$517K
IGIM
69
I.G. Investment Management
Manitoba, Canada
$514K -$71.3K -2,720 -12%
RIG
70
Renaissance Investment Group
Massachusetts
$501K -$6.5K -248 -1%
Invesco
71
Invesco
Georgia
$483K +$63.4K +2,417 +14%
RFC
72
Regions Financial Corp
Alabama
$480K +$7.71K +294 +2%
Commonwealth Equity Services
73
Commonwealth Equity Services
Massachusetts
$469K +$490K +18,687 New
Macquarie Group
74
Macquarie Group
Australia
$439K
AIG
75
American International Group
New York
$422K -$4.69K -179 -1%

BBT Hedge Fund Activity: Q3 2013 in Review

117 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Beacon Financial Corp (BBT) for Q3 2013, worth a combined $441M — down 16% from $523M a quarter earlier.

Sellers outnumbered buyers: 17 funds closed out of BBT and 8 opened new positions — a net loss of 9 holders — while 33 trimmed existing stakes and 55 added.

The largest buyer was Artisan Partners, adding an estimated $12M. The largest seller was William Blair & Company, exiting entirely with an estimated $10.1M sold.

  • 117 institutional investors held Beacon Financial Corp (BBT) as of Q3 2013, down from 127 in Q2 2013.
  • Funds reported $441M of Beacon Financial Corp stock for Q3 2013, down 16% quarter-over-quarter.
  • 8 funds opened new Beacon Financial Corp positions in Q3 2013 and 17 closed out, a net change of -9 holders.
  • The largest Beacon Financial Corp buyer in Q3 2013 was Artisan Partners, an estimated $12M added.
  • The largest Beacon Financial Corp seller in Q3 2013 was William Blair & Company, an estimated $10.1M sold.

Based on aggregated 13F filings for Q3 2013.