Beacon Financial Corp
186 hedge funds and large institutions have $1.05B invested in Beacon Financial Corp in 2017 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 64 increasing their positions, 53 reducing their positions, and 18 closing their positions.
94% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 18
21% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 53
14% more capital invested
Capital invested by funds: $926M → $1.05B (+$127M)
9% more funds holding
Funds holding: 170 → 186 (+16)
2.21% more ownership
Funds ownership: 71.92% → 74.12% (+2.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $179K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$26.8M |
| 2 |
Millennium Management
New York
|
+$20.8M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$19.4M |
| 4 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$15.5M |
| 5 |
MCM
Maltese Capital Management
New York
|
+$12.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCAMU
Rothschild & Co Asset Management US
Stamford,
Connecticut
|
-$13.7M |
| 2 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$5.1M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$3.86M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$2.2M |
| 5 |
MC
Menta Capital
San Francisco,
California
|
-$2.05M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BKA
201
Brick & Kyle Associates
Newtown,
Pennsylvania
| – | -$47K | -1,298 | Closed |
|
202
AssetMark Inc
Concord,
California
| – | -$45K | -1,261 | Closed |
|
|
FHA
203
First Horizon Advisors
Memphis,
Tennessee
| – | -$2K | -69 | Closed |
|
|
CFG
204
Citizens Financial Group
Providence,
Rhode Island
| – | -$1K | -40 | Closed |
|
BBT Hedge Fund Activity: Q2 2017 in Review
186 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Beacon Financial Corp (BBT) for Q2 2017, worth a combined $1.05B — up 14% from $926M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new BBT positions and 18 closed out — a net gain of 17 holders — while 64 added to existing stakes and 53 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $26.8M. The largest seller was Rothschild & Co Asset Management US, cutting an estimated $13.7M.
- 186 institutional investors held Beacon Financial Corp (BBT) as of Q2 2017, up from 170 in Q1 2017.
- Funds reported $1.05B of Beacon Financial Corp stock for Q2 2017, up 14% quarter-over-quarter.
- 35 funds opened new Beacon Financial Corp positions in Q2 2017 and 18 closed out, a net change of +17 holders.
- The largest Beacon Financial Corp buyer in Q2 2017 was Wellington Management Group, an estimated $26.8M added.
- The largest Beacon Financial Corp seller in Q2 2017 was Rothschild & Co Asset Management US, an estimated $13.7M sold.
Based on aggregated 13F filings for Q2 2017.