Beacon Financial Corp
170 hedge funds and large institutions have $926M invested in Beacon Financial Corp in 2017 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 75 increasing their positions, 46 reducing their positions, and 9 closing their positions.
111% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 9
63% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 46
4.12% more ownership
Funds ownership: 67.79% → 71.92% (+4.1%)
2% more funds holding
Funds holding: 166 → 170 (+4)
4% more capital invested
Capital invested by funds: $889M → $926M (+$37.5M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$76.2M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
+$19.8M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$8.48M |
| 4 |
State Street
Boston,
Massachusetts
|
+$6.61M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$6.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$4.94M |
| 2 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
-$4.64M |
| 3 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$3.54M |
| 4 |
Goldman Sachs
New York
|
-$3.25M |
| 5 |
Morgan Stanley
New York
|
-$3.21M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DVM
176
Dreman Value Management
West Palm Beach,
Florida
| – | -$175K | -4,755 | Closed |
|
|
TRCT
177
Tower Research Capital (TRC)
New York
| – | -$28K | -754 | Closed |
|
|
PRS
178
Pinkerton Retirement Specialists
Coeur D Alene,
Idaho
| – | -$17K | -460 | Closed |
|
179
Loomis, Sayles & Company
Boston,
Massachusetts
| – | -$7K | -201 | Closed |
|
BBT Hedge Fund Activity: Q1 2017 in Review
170 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Beacon Financial Corp (BBT) for Q1 2017, worth a combined $926M — up 4.2% from $889M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new BBT positions and 9 closed out — a net gain of 10 holders — while 75 added to existing stakes and 46 trimmed.
The largest buyer was BlackRock, adding an estimated $76.2M. The largest seller was Millennium Management, exiting entirely with an estimated $4.94M sold.
- 170 institutional investors held Beacon Financial Corp (BBT) as of Q1 2017, up from 166 in Q4 2016.
- Funds reported $926M of Beacon Financial Corp stock for Q1 2017, up 4.2% quarter-over-quarter.
- 19 funds opened new Beacon Financial Corp positions in Q1 2017 and 9 closed out, a net change of +10 holders.
- The largest Beacon Financial Corp buyer in Q1 2017 was BlackRock, an estimated $76.2M added.
- The largest Beacon Financial Corp seller in Q1 2017 was Millennium Management, an estimated $4.94M sold.
Based on aggregated 13F filings for Q1 2017.