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BBT

Beacon Financial Corp

170 hedge funds and large institutions have $1.08B invested in Beacon Financial Corp in 2019 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 55 increasing their positions, 60 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

8% less repeat investments, than reductions

Existing positions increased: 55 | Existing positions reduced: 60

1.09% less ownership

Funds ownership: 73.67%72.58% (-1.1%)

2% less funds holding

Funds holding: 174170 (-4)

8% less capital invested

Capital invested by funds: $1.18B → $1.08B (-$100M)

19% less first-time investments, than exits

New positions opened: 13 | Existing positions closed: 16

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
170
Holders Change
-4
Holders Change %
-2.3%
% of All Funds
3.73%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
13
Increased
55
Reduced
60
Closed
16
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
First Manhattan
151
First Manhattan
New York
$13K
CAPTRUST Financial Advisors
152
CAPTRUST Financial Advisors
North Carolina
$12K -$1.95K -64 -14%
HNB
153
Huntington National Bank
Ohio
$11K
SWA
154
Sutton Wealth Advisors
Florida
$11K +$11.4K +374 New
CB
155
Community Bank
New York
$8K
SO
156
STRS Ohio
Ohio
$8K
FHA
157
Flagship Harbor Advisors
Massachusetts
$7K
PA
158
Parallel Advisors
California
$7K
TFO
159
Tarbox Family Office
California
$5K
Carson Wealth (CWM LLC)
160
Carson Wealth (CWM LLC)
Nebraska
$4K
HR
161
Howe & Rusling
New York
$3K
Kayne Anderson Rudnick Investment Management
162
Kayne Anderson Rudnick Investment Management
California
$3K
LWA
163
Lenox Wealth Advisors
New York
$3K +$3.01K +99 New
PFBT
164
Parkside Financial Bank & Trust
Missouri
$2K
TWA
165
TCI Wealth Advisors
Arizona
$2K +$1.28K +42 +111%
FANJ
166
Financial Architects (New Jersey)
New Jersey
$1K
FRA
167
Front Row Advisors
California
$1K
S
168
SignatureFD
Georgia
$1K
GT
169
Glenmede Trust
Pennsylvania
$22 +$2.44K +80 +12%
PCM
170
Peregrine Capital Management
Minnesota
-$8.76M -278,966 Closed
PP
171
Prospector Partners
Connecticut
-$5.46M -173,800 Closed
Canada Life
172
Canada Life
Manitoba, Canada
-$1.93M -61,479 Closed
VRS
173
Virginia Retirement Systems
Virginia
-$1.16M -36,800 Closed
Holocene Advisors
174
Holocene Advisors
New York
-$238K -7,592 Closed
CSS
175
Cubist Systematic Strategies
Connecticut
-$224K -7,149 Closed

BBT Hedge Fund Activity: Q3 2019 in Review

170 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Beacon Financial Corp (BBT) for Q3 2019, worth a combined $1.08B — down 8.5% from $1.18B a quarter earlier.

Sellers outnumbered buyers: 16 funds closed out of BBT and 13 opened new positions — a net loss of 3 holders — while 60 trimmed existing stakes and 55 added.

The largest buyer was Vanguard Group, adding an estimated $5.78M. The largest seller was Balyasny Asset Management, cutting an estimated $8.8M.

  • 170 institutional investors held Beacon Financial Corp (BBT) as of Q3 2019, down from 174 in Q2 2019.
  • Funds reported $1.08B of Beacon Financial Corp stock for Q3 2019, down 8.5% quarter-over-quarter.
  • 13 funds opened new Beacon Financial Corp positions in Q3 2019 and 16 closed out, a net change of -3 holders.
  • The largest Beacon Financial Corp buyer in Q3 2019 was Vanguard Group, an estimated $5.78M added.
  • The largest Beacon Financial Corp seller in Q3 2019 was Balyasny Asset Management, an estimated $8.8M sold.

Based on aggregated 13F filings for Q3 2019.