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BBT

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.

New
Increased
Maintained
Reduced
Closed

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: 22 (0)

10% less funds holding

Funds holding: 177160 (-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

Holders
160
Holders Change
-17
Holders Change %
-9.6%
% of All Funds
2.81%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
15
Increased
46
Reduced
64
Closed
31
Calls
$453K
Puts
$1.01M
Net Calls
-$557K
Net Calls Change
+$2.5M
Name Holding Trade Value Shares
Change
Change in
Stake
Two Sigma Advisers
51
Two Sigma Advisers
New York
$1.37M -$278K -13,600 -18%
UBS Group
52
UBS Group
Switzerland
$1.32M -$146K -7,143 -11%
T. Rowe Price Associates
53
T. Rowe Price Associates
Maryland
$1.28M +$286 +14 +0%
AllianceBernstein
54
AllianceBernstein
Tennessee
$1.27M -$56.4K -2,762 -5%
Canada Pension Plan Investment Board
55
Canada Pension Plan Investment Board
Ontario, Canada
$1.21M +$1.1M +54,000 New
UBS AM
56
UBS AM
Illinois
$1.17M -$86.4K -4,230 -7%
Comerica Bank
57
Comerica Bank
Texas
$1.17M -$36.8K -1,800 -3%
APG Asset Management
58
APG Asset Management
Netherlands
$1.16M
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
59
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$1.14M +$1.04M +51,000 New
Rafferty Asset Management
60
Rafferty Asset Management
New York
$1.08M +$684K +33,486 +224%
Citigroup
61
Citigroup
New York
$1.03M +$646K +31,608 +215%
CS
62
Credit Suisse
Switzerland
$1.01M -$415K -20,335 -31%
Canada Life
63
Canada Life
Manitoba, Canada
$997K -$82.5K -4,039 -8%
Macquarie Group
64
Macquarie Group
Australia
$994K -$4.35K -213 -0.5%
SIM
65
SummerHaven Investment Management
Connecticut
$948K
New York State Common Retirement Fund
66
New York State Common Retirement Fund
New York
$927K
COPPSERS
67
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$878K -$368 -18 -0%
TPSF
68
Texas Permanent School Fund
Texas
$851K -$54.9K -2,687 -7%
Connor, Clark & Lunn Investment Management (CC&L)
69
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$817K +$264K +12,915 +55%
SOADOR
70
State of Alaska Department of Revenue
Alaska
$771K -$102K -5,010 -13%
SAMT
71
Select Asset Management & Trust
Pennsylvania
$720K
Voloridge Investment Management
72
Voloridge Investment Management
Florida
$709K +$649K +31,784 New
GI
73
GAMCO Investors
Connecticut
$703K +$40.8K +2,000 +7%
JMPWA
74
JP Morgan Private Wealth Advisors
California
$697K -$48.2K -2,358 -7%
Russell Investments Group
75
Russell Investments Group
United Kingdom
$689K +$632K +30,930 New

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.