Beacon Financial Corp
178 hedge funds and large institutions have $824M invested in Beacon Financial Corp in 2024 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 64 increasing their positions, 63 reducing their positions, and 17 closing their positions.
360% more call options, than puts
Call options by funds: $23K | Put options by funds: $5K
24% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 17
1.21% more ownership
Funds ownership: 82.31% → 83.52% (+1.2%)
2% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 63
0% more capital invested
Capital invested by funds: $823M → $824M (+$969K)
1% less funds holding
Funds holding: 179 → 178 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$6.09M |
| 2 |
Renaissance Technologies
New York
|
+$3.49M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$2.66M |
| 4 |
Millennium Management
New York
|
+$2.25M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$2.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$4.07M |
| 2 |
BlackRock
New York
|
-$3.63M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$3.21M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$1.43M |
| 5 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$1.28M |
BBT Hedge Fund Activity: Q2 2024 in Review
178 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Beacon Financial Corp (BBT) for Q2 2024, worth a combined $824M — up 0.12% from $823M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new BBT positions and 17 closed out — a net gain of 4 holders — while 64 added to existing stakes and 63 trimmed.
The largest buyer was Assenagon Asset Management, opening a new position worth an estimated $6.09M. The largest seller was AllianceBernstein, cutting an estimated $4.07M.
- 178 institutional investors held Beacon Financial Corp (BBT) as of Q2 2024, down from 179 in Q1 2024.
- Funds reported $824M of Beacon Financial Corp stock for Q2 2024, up 0.12% quarter-over-quarter.
- 21 funds opened new Beacon Financial Corp positions in Q2 2024 and 17 closed out, a net change of +4 holders.
- The largest Beacon Financial Corp buyer in Q2 2024 was Assenagon Asset Management, an estimated $6.09M added.
- The largest Beacon Financial Corp seller in Q2 2024 was AllianceBernstein, an estimated $4.07M sold.
Based on aggregated 13F filings for Q2 2024.