Beacon Financial Corp
150 hedge funds and large institutions have $611M invested in Beacon Financial Corp in 2016 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 65 increasing their positions, 45 reducing their positions, and 16 closing their positions.
44% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 45
0.34% more ownership
Funds ownership: 73.62% → 73.96% (+0.34%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less capital invested
Capital invested by funds: $642M → $611M (-$30.6M)
4% less funds holding
Funds holding: 156 → 150 (-6)
38% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GLA
Great Lakes Advisors
Chicago,
Illinois
|
+$3.58M |
| 2 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$3.49M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.85M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.78M |
| 5 |
CCM
Century Capital Management
Boston,
Massachusetts
|
+$2.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BTW
Boston Trust Walden
Boston,
Massachusetts
|
-$4.77M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$4.41M |
| 3 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
-$2.43M |
| 4 |
CIP
Convergence Investment Partners
Palm Beach Gardens,
Florida
|
-$2.4M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.07M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
151
Ameriprise
Minneapolis,
Minnesota
| – | -$2.07M | -71,241 | Closed |
|
|
CP
152
Clover Partners
Dallas,
Texas
| – | -$1.57M | -54,024 | Closed |
|
153
LPL Financial
San Diego,
California
| – | -$594K | -20,866 | Closed |
|
|
CIC
154
Cornercap Investment Counsel
Atlanta,
Georgia
| – | -$499K | -17,130 | Closed |
|
155
Citadel Advisors
Miami,
Florida
| – | -$350K | -12,016 | Closed |
|
|
TC
156
TFS Capital
West Chester,
Pennsylvania
| – | -$324K | -11,146 | Closed |
|
|
WI
157
WHV Investments
San Francisco,
California
| – | -$230K | -7,890 | Closed |
|
|
EEG
158
E.E. Geduld
| – | -$218K | -7,500 | Closed |
|
159
Two Sigma Investments
New York
| – | -$203K | -6,982 | Closed |
|
160
BNP Paribas Financial Markets
Paris,
France
| – | -$168K | -5,760 | Closed |
|
161
Victory Capital Management
San Antonio,
Texas
| – | -$141K | -4,835 | Closed |
|
162
Simplex Trading
Chicago,
Illinois
| – | -$68K | -2,354 | Closed |
|
163
Barclays
London,
United Kingdom
| – | -$26K | -900 | Closed |
|
164
Bessemer Group
Woodbridge,
New Jersey
| – | -$3K | -110 | Closed |
|
|
KT
165
Kanaly Trust
Houston,
Texas
| – | +$347 | +13 | New |
|
BBT Hedge Fund Activity: Q1 2016 in Review
150 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Beacon Financial Corp (BBT) for Q1 2016, worth a combined $611M — down 4.8% from $642M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of BBT and 10 opened new positions — a net loss of 6 holders — while 45 trimmed existing stakes and 65 added.
The largest buyer was Great Lakes Advisors, adding an estimated $3.58M. The largest seller was Boston Trust Walden, cutting an estimated $4.77M.
- 150 institutional investors held Beacon Financial Corp (BBT) as of Q1 2016, down from 156 in Q4 2015.
- Funds reported $611M of Beacon Financial Corp stock for Q1 2016, down 4.8% quarter-over-quarter.
- 10 funds opened new Beacon Financial Corp positions in Q1 2016 and 16 closed out, a net change of -6 holders.
- The largest Beacon Financial Corp buyer in Q1 2016 was Great Lakes Advisors, an estimated $3.58M added.
- The largest Beacon Financial Corp seller in Q1 2016 was Boston Trust Walden, an estimated $4.77M sold.
Based on aggregated 13F filings for Q1 2016.