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BBT

Beacon Financial Corp

169 hedge funds and large institutions have $1.04B invested in Beacon Financial Corp in 2021 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 36 increasing their positions, 72 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 20

2% more funds holding

Funds holding: 165169 (+4)

0.18% more ownership

Funds ownership: 78.76%78.94% (+0.18%)

6% less capital invested

Capital invested by funds: $1.11B → $1.04B (-$62.9M)

27% less call options, than puts

Call options by funds: $895K | Put options by funds: $1.22M

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

50% less repeat investments, than reductions

Existing positions increased: 36 | Existing positions reduced: 72

Holders
169
Holders Change
+4
Holders Change %
+2.42%
% of All Funds
2.96%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.04%
New
28
Increased
36
Reduced
72
Closed
20
Calls
$895K
Puts
$1.22M
Net Calls
-$327K
Net Calls Change
-$1.88M
Name Holding Trade Value Shares
Change
Change in
Stake
Millennium Management
51
Millennium Management
New York
$1.54M +$1.51M +57,070 New
Renaissance Technologies
52
Renaissance Technologies
New York
$1.5M +$1.47M +55,721 New
BNP Paribas Financial Markets
53
BNP Paribas Financial Markets
France
$1.5M +$828K +31,343 +130%
UBS Group
54
UBS Group
Switzerland
$1.45M -$444K -16,819 -24%
E
55
Ergoteles
New York
$1.44M +$1.41M +53,200 New
Two Sigma Advisers
56
Two Sigma Advisers
New York
$1.41M +$222K +8,400 +19%
Balyasny Asset Management
57
Balyasny Asset Management
Illinois
$1.3M -$4.94M -187,083 -80%
Arrowstreet Capital
58
Arrowstreet Capital
Massachusetts
$1.27M +$1.24M +47,000 New
Rafferty Asset Management
59
Rafferty Asset Management
New York
$1.26M +$67.8K +2,565 +6%
Comerica Bank
60
Comerica Bank
Texas
$1.26M -$93.1K -3,523 -7%
Canada Life
61
Canada Life
Manitoba, Canada
$1.2M
CS
62
Credit Suisse
Switzerland
$1.13M -$177K -6,693 -14%
T. Rowe Price Associates
63
T. Rowe Price Associates
Maryland
$1.09M -$3.88K -147 -0.4%
Thrivent Financial for Lutherans
64
Thrivent Financial for Lutherans
Minnesota
$1.07M -$3.57M -135,164 -77%
Ensign Peak Advisors
65
Ensign Peak Advisors
Utah
$1.03M +$362K +13,700 +56%
COPPSERS
66
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$1M -$58K -2,195 -6%
New York State Common Retirement Fund
67
New York State Common Retirement Fund
New York
$991K -$231K -8,758 -19%
D.E. Shaw & Co
68
D.E. Shaw & Co
New York
$986K -$314K -11,901 -25%
TPSF
69
Texas Permanent School Fund
Texas
$977K -$51.9K -1,964 -5%
ERSOT
70
Employees Retirement System of Texas
Texas
$974K +$954K +36,100 New
SOADOR
71
State of Alaska Department of Revenue
Alaska
$963K +$7.35K +278 +0.8%
Assenagon Asset Management
72
Assenagon Asset Management
Luxembourg
$945K +$926K +35,035 New
Citigroup
73
Citigroup
New York
$905K -$694K -26,260 -44%
GI
74
GAMCO Investors
Connecticut
$871K -$5.29K -200 -0.6%
SAMT
75
Select Asset Management & Trust
Pennsylvania
$870K

BBT Hedge Fund Activity: Q3 2021 in Review

169 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Beacon Financial Corp (BBT) for Q3 2021, worth a combined $1.04B — down 5.7% from $1.11B a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new BBT positions and 20 closed out — a net gain of 8 holders — while 36 added to existing stakes and 72 trimmed.

The largest buyer was William Blair Investment Management, adding an estimated $40.7M. The largest seller was FJ Capital Management, exiting entirely with an estimated $24.9M sold.

  • 169 institutional investors held Beacon Financial Corp (BBT) as of Q3 2021, up from 165 in Q2 2021.
  • Funds reported $1.04B of Beacon Financial Corp stock for Q3 2021, down 5.7% quarter-over-quarter.
  • 28 funds opened new Beacon Financial Corp positions in Q3 2021 and 20 closed out, a net change of +8 holders.
  • The largest Beacon Financial Corp buyer in Q3 2021 was William Blair Investment Management, an estimated $40.7M added.
  • The largest Beacon Financial Corp seller in Q3 2021 was FJ Capital Management, an estimated $24.9M sold.

Based on aggregated 13F filings for Q3 2021.