Beacon Financial Corp
197 hedge funds and large institutions have $1.4B invested in Beacon Financial Corp in 2018 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 60 increasing their positions, 70 reducing their positions, and 17 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less capital invested
Capital invested by funds: $1.43B → $1.4B (-$28.9M)
1.74% less ownership
Funds ownership: 77.36% → 75.62% (-1.7%)
2% less funds holding
Funds holding: 202 → 197 (-5)
14% less repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 70
24% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$19.9M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$12M |
| 3 |
State Street
Boston,
Massachusetts
|
+$11.7M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$6.37M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
+$5.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TA
Teachers Advisors
New York
|
-$13.4M |
| 2 |
RCAMU
Rothschild & Co Asset Management US
Stamford,
Connecticut
|
-$9.81M |
| 3 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
-$9.59M |
| 4 |
Nordea Investment Management
Stockholm,
Sweden
|
-$9.27M |
| 5 |
CAM
ClariVest Asset Management
San Diego,
California
|
-$6.72M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PL
201
PWMCO LLC
Chicago,
Illinois
| – | -$812K | -19,999 | Closed |
|
|
CIC
202
Cornercap Investment Counsel
Atlanta,
Georgia
| – | -$776K | -19,120 | Closed |
|
203
Two Sigma Investments
New York
| – | -$728K | -17,925 | Closed |
|
|
JG
204
Jefferies Group
New York
| – | -$717K | -17,651 | Closed |
|
205
HighTower Advisors
Chicago,
Illinois
| – | -$511K | -12,613 | Closed |
|
|
AIM
206
Assured Investment Management
New York
| – | -$383K | -9,436 | Closed |
|
207
Citadel Advisors
Miami,
Florida
| – | -$354K | -8,713 | Closed |
|
|
BCM
208
BlueCrest Capital Management
St Helier,
Jersey
| – | -$347K | -8,555 | Closed |
|
209
Teacher Retirement System of Texas
Austin,
Texas
| – | -$317K | -7,808 | Closed |
|
|
CSS
210
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$264K | -6,513 | Closed |
|
211
Envestnet Asset Management
Chicago,
Illinois
| – | -$131K | -3,249 | Closed |
|
|
GT
212
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$21K | -527 | Closed |
|
|
PHK
213
Point72 Hong Kong
Hong Kong
| – | -$2K | -55 | Closed |
|
|
CAG
214
Csenge Advisory Group
Clearwater,
Florida
| – | +$208 | +5 | New |
|
BBT Hedge Fund Activity: Q3 2018 in Review
197 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Beacon Financial Corp (BBT) for Q3 2018, worth a combined $1.4B — down 2% from $1.43B a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of BBT and 13 opened new positions — a net loss of 4 holders — while 70 trimmed existing stakes and 60 added.
The largest buyer was BlackRock, adding an estimated $19.9M. The largest seller was Teachers Advisors, cutting an estimated $13.4M.
- 197 institutional investors held Beacon Financial Corp (BBT) as of Q3 2018, down from 202 in Q2 2018.
- Funds reported $1.4B of Beacon Financial Corp stock for Q3 2018, down 2% quarter-over-quarter.
- 13 funds opened new Beacon Financial Corp positions in Q3 2018 and 17 closed out, a net change of -4 holders.
- The largest Beacon Financial Corp buyer in Q3 2018 was BlackRock, an estimated $19.9M added.
- The largest Beacon Financial Corp seller in Q3 2018 was Teachers Advisors, an estimated $13.4M sold.
Based on aggregated 13F filings for Q3 2018.