Beacon Financial Corp
171 hedge funds and large institutions have $1.2B invested in Beacon Financial Corp in 2019 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 53 increasing their positions, 55 reducing their positions, and 17 closing their positions.
24% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 17
11% more capital invested
Capital invested by funds: $1.08B → $1.2B (+$120M)
0.68% more ownership
Funds ownership: 72.58% → 73.26% (+0.68%)
1% more funds holding
Funds holding: 170 → 171 (+1)
4% less repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 55
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$4.71M |
| 2 |
EC
EJF Capital
Arlington,
Virginia
|
+$2.83M |
| 3 |
Morgan Stanley
New York
|
+$2.05M |
| 4 |
Canada Life
Winnipeg,
Manitoba, Canada
|
+$1.72M |
| 5 |
MSL
Mackay Shields LLC
New York
|
+$1.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$5.26M |
| 2 |
Millennium Management
New York
|
-$3.68M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
-$3.23M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$2.21M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$1.77M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RA
176
Raffles Associates
New York
| – | -$732K | -25,000 | Closed |
|
177
Arrowstreet Capital
Boston,
Massachusetts
| – | -$653K | -22,284 | Closed |
|
|
DTL
178
Dynamic Technology Lab
Singapore
| – | -$353K | -12,066 | Closed |
|
|
WCM
179
Weld Capital Management
New York
| – | -$350K | -11,944 | Closed |
|
|
JG
180
Jefferies Group
New York
| – | -$218K | -7,443 | Closed |
|
|
ACM
181
AlphaCrest Capital Management
New York
| – | -$217K | -7,400 | Closed |
|
|
SM
182
Sciencast Management
Princeton,
New Jersey
| – | -$216K | -7,400 | Closed |
|
|
PI
183
PineBridge Investments
New York
| – | -$94K | -3,214 | Closed |
|
|
ASN
184
Advisory Services Network
Atlanta,
Georgia
| – | -$15K | -489 | Closed |
|
185
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$12K | -409 | Closed |
|
|
TFO
186
Tarbox Family Office
Newport Beach,
California
| – | -$5K | -170 | Closed |
|
|
FANJ
187
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$1K | -48 | Closed |
|
BBT Hedge Fund Activity: Q4 2019 in Review
171 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Beacon Financial Corp (BBT) for Q4 2019, worth a combined $1.2B — up 11% from $1.08B a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new BBT positions and 17 closed out — a net gain of 4 holders — while 53 added to existing stakes and 55 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $4.71M. The largest seller was Vanguard Group, cutting an estimated $5.26M.
- 171 institutional investors held Beacon Financial Corp (BBT) as of Q4 2019, up from 170 in Q3 2019.
- Funds reported $1.2B of Beacon Financial Corp stock for Q4 2019, up 11% quarter-over-quarter.
- 21 funds opened new Beacon Financial Corp positions in Q4 2019 and 17 closed out, a net change of +4 holders.
- The largest Beacon Financial Corp buyer in Q4 2019 was JP Morgan Chase, an estimated $4.71M added.
- The largest Beacon Financial Corp seller in Q4 2019 was Vanguard Group, an estimated $5.26M sold.
Based on aggregated 13F filings for Q4 2019.