Beacon Financial Corp
180 hedge funds and large institutions have $1.18B invested in Beacon Financial Corp in 2017 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 76 increasing their positions, 47 reducing their positions, and 24 closing their positions.
62% more repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 47
12% more capital invested
Capital invested by funds: $1.05B → $1.18B (+$128M)
1.18% more ownership
Funds ownership: 74.12% → 75.3% (+1.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 186 → 180 (-6)
17% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$9.76M |
| 2 |
HHC
Hutchin Hill Capital
New York
|
+$9.67M |
| 3 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
+$9.57M |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
+$8.83M |
| 5 |
TA
Teachers Advisors
New York
|
+$8.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$27M |
| 2 |
William Blair Investment Management
Chicago,
Illinois
|
-$21M |
| 3 |
MCM
Maltese Capital Management
New York
|
-$12.2M |
| 4 |
Millennium Management
New York
|
-$6.56M |
| 5 |
Morgan Stanley
New York
|
-$5.79M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAM
201
Panagora Asset Management
Boston,
Massachusetts
| – | -$20K | -562 | Closed |
|
202
Creative Planning
Overland Park,
Kansas
| – | -$18K | -500 | Closed |
|
|
NIT
203
NumerixS Investment Technologies
Vancouver,
British Columbia, Canada
| – | -$4K | -100 | Closed |
|
|
IA
204
IFP Advisors
Tampa,
Florida
| – | -$2K | -59 | Closed |
|
BBT Hedge Fund Activity: Q3 2017 in Review
180 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Beacon Financial Corp (BBT) for Q3 2017, worth a combined $1.18B — up 12% from $1.05B a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of BBT and 20 opened new positions — a net loss of 4 holders — while 47 trimmed existing stakes and 76 added.
The largest buyer was BlackRock, adding an estimated $9.76M. The largest seller was Wellington Management Group, cutting an estimated $27M.
- 180 institutional investors held Beacon Financial Corp (BBT) as of Q3 2017, down from 186 in Q2 2017.
- Funds reported $1.18B of Beacon Financial Corp stock for Q3 2017, up 12% quarter-over-quarter.
- 20 funds opened new Beacon Financial Corp positions in Q3 2017 and 24 closed out, a net change of -4 holders.
- The largest Beacon Financial Corp buyer in Q3 2017 was BlackRock, an estimated $9.76M added.
- The largest Beacon Financial Corp seller in Q3 2017 was Wellington Management Group, an estimated $27M sold.
Based on aggregated 13F filings for Q3 2017.