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BBT

Beacon Financial Corp

161 hedge funds and large institutions have $639M invested in Beacon Financial Corp in 2016 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 69 increasing their positions, 45 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

57% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 14

53% more repeat investments, than reductions

Existing positions increased: 69 | Existing positions reduced: 45

5% more funds holding

Funds holding: 154161 (+7)

3% more capital invested

Capital invested by funds: $621M → $639M (+$17.7M)

0.62% more ownership

Funds ownership: 73.78%74.4% (+0.62%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

Holders
161
Holders Change
+7
Holders Change %
+4.55%
% of All Funds
4.3%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
22
Increased
69
Reduced
45
Closed
14
Calls
$17K
Puts
Net Calls
+$17K
Net Calls Change
+$17K
Name Holding Trade Value Shares
Change
Change in
Stake
First Trust Advisors
76
First Trust Advisors
Illinois
$1.09M +$133K +4,889 +14%
First Manhattan
77
First Manhattan
New York
$1.09M
HCM
78
Highbridge Capital Management
New York
$1.08M +$149K +5,462 +16%
Invesco
79
Invesco
Georgia
$1.07M +$176K +6,453 +20%
GWCM
80
Godshalk Welsh Capital Management
Pennsylvania
$1.02M +$77.8K +2,850 +8%
IGIM
81
I.G. Investment Management
Manitoba, Canada
$1.02M +$3.11K +114 +0.3%
RhumbLine Advisers
82
RhumbLine Advisers
Massachusetts
$992K +$10.9K +400 +1%
BG
83
BlackRock Group
United Kingdom
$930K -$19.5K -715 -2%
AQR Capital Management
84
AQR Capital Management
Connecticut
$914K -$439K -16,091 -33%
New York State Common Retirement Fund
85
New York State Common Retirement Fund
New York
$903K
MERSOM
86
Municipal Employees' Retirement System of Michigan
Michigan
$871K
SO
87
STRS Ohio
Ohio
$825K -$30K -1,100 -4%
Wells Fargo
88
Wells Fargo
California
$808K -$384K -14,083 -33%
KP
89
Keel Point
Alabama
$795K -$3.52K -129 -0.4%
State Board of Administration of Florida Retirement System
90
State Board of Administration of Florida Retirement System
Florida
$743K
Victory Capital Management
91
Victory Capital Management
Texas
$740K +$98.3K +3,600 +16%
Citigroup
92
Citigroup
New York
$681K +$419K +15,358 +166%
JP Morgan Chase
93
JP Morgan Chase
New York
$638K -$16.4K -600 -3%
Tudor Investment Corp
94
Tudor Investment Corp
Connecticut
$611K +$377K +13,822 +168%
JIC
95
Johnson Investment Counsel
Ohio
$609K
MLICM
96
Metropolitan Life Insurance Company (MetLife)
New York
$604K -$13.8K -505 -2%
RJA
97
Raymond James & Associates
Florida
$604K +$595K +21,801 New
DJSG
98
D.J. St. Germain
Massachusetts
$594K -$136K -5,000 -19%
AP
99
AHL Partners
United Kingdom
$590K +$581K +21,291 New
PCMI
100
Paradigm Capital Management Inc
New York
$582K +$573K +21,000 New

BBT Hedge Fund Activity: Q3 2016 in Review

161 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Beacon Financial Corp (BBT) for Q3 2016, worth a combined $639M — up 2.9% from $621M a quarter earlier.

Buyers outnumbered sellers: 22 funds opened new BBT positions and 14 closed out — a net gain of 8 holders — while 69 added to existing stakes and 45 trimmed.

The largest buyer was OppenheimerFunds, opening a new position worth an estimated $9.99M. The largest seller was Artemis Investment Management, exiting entirely with an estimated $11.7M sold.

  • 161 institutional investors held Beacon Financial Corp (BBT) as of Q3 2016, up from 154 in Q2 2016.
  • Funds reported $639M of Beacon Financial Corp stock for Q3 2016, up 2.9% quarter-over-quarter.
  • 22 funds opened new Beacon Financial Corp positions in Q3 2016 and 14 closed out, a net change of +8 holders.
  • The largest Beacon Financial Corp buyer in Q3 2016 was OppenheimerFunds, an estimated $9.99M added.
  • The largest Beacon Financial Corp seller in Q3 2016 was Artemis Investment Management, an estimated $11.7M sold.

Based on aggregated 13F filings for Q3 2016.