Beacon Financial Corp
163 hedge funds and large institutions have $391M invested in Beacon Financial Corp in 2020 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 65 increasing their positions, 42 reducing their positions, and 34 closing their positions.
55% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 42
0.02% more ownership
Funds ownership: 76.8% → 76.82% (+0.02%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less funds holding
Funds holding: 171 → 163 (-8)
8% less capital invested
Capital invested by funds: $426M → $391M (-$34.2M)
21% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 34
84% less call options, than puts
Call options by funds: $152K | Put options by funds: $963K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$6.14M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$5.32M |
| 3 |
BlackRock
New York
|
+$3.66M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.03M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$2.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$7.56M |
| 2 |
RCAMU
Rothschild & Co Asset Management US
Stamford,
Connecticut
|
-$2.25M |
| 3 |
Two Sigma Investments
New York
|
-$2.13M |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
-$2.12M |
| 5 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
-$2.02M |
BBT Hedge Fund Activity: Q3 2020 in Review
163 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Beacon Financial Corp (BBT) for Q3 2020, worth a combined $391M — down 8% from $426M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of BBT and 27 opened new positions — a net loss of 7 holders — while 42 trimmed existing stakes and 65 added.
The largest buyer was Thrivent Financial for Lutherans, adding an estimated $6.14M. The largest seller was Millennium Management, exiting entirely with an estimated $7.56M sold.
- 163 institutional investors held Beacon Financial Corp (BBT) as of Q3 2020, down from 171 in Q2 2020.
- Funds reported $391M of Beacon Financial Corp stock for Q3 2020, down 8% quarter-over-quarter.
- 27 funds opened new Beacon Financial Corp positions in Q3 2020 and 34 closed out, a net change of -7 holders.
- The largest Beacon Financial Corp buyer in Q3 2020 was Thrivent Financial for Lutherans, an estimated $6.14M added.
- The largest Beacon Financial Corp seller in Q3 2020 was Millennium Management, an estimated $7.56M sold.
Based on aggregated 13F filings for Q3 2020.