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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
Teacher Retirement System of Texas
101
Teacher Retirement System of Texas
Texas
$80K +$38.9K +1,485 +87%
Wells Fargo
102
Wells Fargo
California
$50K +$17K +649 +47%
Fifth Third Bancorp
103
Fifth Third Bancorp
Ohio
$39K -$37.6K -1,436 -48%
TRCT
104
Tower Research Capital (TRC)
New York
$35K +$15.8K +604 +79%
HFM
105
Hartford Financial Management
Connecticut
$32K +$236 +9 +0.7%
CFS
106
Community Financial System
New York
$28K
Manulife (Manufacturers Life Insurance)
107
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$19.2K +$1.52K +58 +0%
BlackRock
108
BlackRock
New York
$18K
PP
109
Palladium Partners
Virginia
$10K
KTC
110
Kistler-Tiffany Companies
Pennsylvania
$8K
Envestnet Asset Management
111
Envestnet Asset Management
Illinois
$5K
LWCFA
112
Loring Wolcott & Coolidge Fiduciary Advisors
Massachusetts
$3K +$2.62K +100 New
Credit Agricole
113
Credit Agricole
France
$3K +$3.35K +128 New
HNB
114
Huntington National Bank
Ohio
$2K
LTFS
115
Ladenburg Thalmann Financial Services
Florida
$1K
PTC
116
Private Trust Company
Ohio
$1K
William Blair & Company
117
William Blair & Company
Illinois
-$10.1M -362,538 Closed
PI
118
Putnam Investments
Massachusetts
-$4.61M -166,000 Closed
DRZID
119
DePrince Race & Zollo Inc (DRZ)
Florida
-$1.84M -66,179 Closed
PIM
120
Perkins Investment Management
Illinois
-$1.58M -57,045 Closed
OAM
121
Oberweis Asset Management
Illinois
-$1.21M -43,600 Closed
ERSOT
122
Employees Retirement System of Texas
Texas
-$1.12M -40,300 Closed
EMFAT
123
Emerald Mutual Fund Advisers Trust
Pennsylvania
-$554K -19,950 Closed
Neuberger Berman Group
124
Neuberger Berman Group
New York
-$528K -19,018 Closed
FMA
125
Fiduciary Management Associates
Illinois
-$469K -16,910 Closed

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.