Beacon Financial Corp
171 hedge funds and large institutions have $759M invested in Beacon Financial Corp in 2023 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 55 increasing their positions, 59 reducing their positions, and 30 closing their positions.
127% more call options, than puts
Call options by funds: $118K | Put options by funds: $52K
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 59
1.48% less ownership
Funds ownership: 84.08% → 82.6% (-1.5%)
6% less funds holding
Funds holding: 181 → 171 (-10)
19% less capital invested
Capital invested by funds: $934M → $759M (-$176M)
33% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$4.27M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$3.61M |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$2.57M |
| 4 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
+$2.03M |
| 5 |
State Street
Boston,
Massachusetts
|
+$1.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$12.8M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$9.9M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$4.68M |
| 4 |
Millennium Management
New York
|
-$3.55M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$2.58M |
BBT Hedge Fund Activity: Q2 2023 in Review
171 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Beacon Financial Corp (BBT) for Q2 2023, worth a combined $759M — down 19% from $934M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of BBT and 20 opened new positions — a net loss of 10 holders — while 59 trimmed existing stakes and 55 added.
The largest buyer was Fuller & Thaler Asset Management, adding an estimated $4.27M. The largest seller was Driehaus Capital Management, exiting entirely with an estimated $12.8M sold.
- 171 institutional investors held Beacon Financial Corp (BBT) as of Q2 2023, down from 181 in Q1 2023.
- Funds reported $759M of Beacon Financial Corp stock for Q2 2023, down 19% quarter-over-quarter.
- 20 funds opened new Beacon Financial Corp positions in Q2 2023 and 30 closed out, a net change of -10 holders.
- The largest Beacon Financial Corp buyer in Q2 2023 was Fuller & Thaler Asset Management, an estimated $4.27M added.
- The largest Beacon Financial Corp seller in Q2 2023 was Driehaus Capital Management, an estimated $12.8M sold.
Based on aggregated 13F filings for Q2 2023.