Beacon Financial Corp
178 hedge funds and large institutions have $985M invested in Beacon Financial Corp in 2019 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 72 increasing their positions, 45 reducing their positions, and 30 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 45
7% more capital invested
Capital invested by funds: $921M → $985M (+$63.5M)
3.59% more ownership
Funds ownership: 75.12% → 78.7% (+3.6%)
4% less funds holding
Funds holding: 186 → 178 (-8)
27% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 30
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $193K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$30.4M |
| 2 |
EC
EJF Capital
Arlington,
Virginia
|
+$15.1M |
| 3 |
ACB
Aristotle Capital Boston
Boston,
Massachusetts
|
+$13M |
| 4 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$8.61M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$10.7M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$6.48M |
| 3 |
Renaissance Technologies
New York
|
-$5.83M |
| 4 |
BlackRock
New York
|
-$4.78M |
| 5 |
Morgan Stanley
New York
|
-$4.34M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SWA
201
Sutton Wealth Advisors
Tampa,
Florida
| – | -$19.4K | -669 | Closed |
|
202
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$16K | -602 | Closed |
|
|
CTC
203
Central Trust Company
Jefferson City,
Missouri
| – | -$7K | -278 | Closed |
|
|
JA
204
JOYN Advisors
Atlanta,
Georgia
| – | -$7K | -278 | Closed |
|
|
LNB
205
Ledyard National Bank
| – | -$5K | -200 | Closed |
|
|
NFH
206
NEXT Financial Holdings
Houston,
Texas
| – | +$116 | +4 | New |
|
BBT Hedge Fund Activity: Q1 2019 in Review
178 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Beacon Financial Corp (BBT) for Q1 2019, worth a combined $985M — up 6.9% from $921M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of BBT and 22 opened new positions — a net loss of 8 holders — while 45 trimmed existing stakes and 72 added.
The largest buyer was Victory Capital Management, opening a new position worth an estimated $30.4M. The largest seller was Fidelity Investments, exiting entirely with an estimated $10.7M sold.
- 178 institutional investors held Beacon Financial Corp (BBT) as of Q1 2019, down from 186 in Q4 2018.
- Funds reported $985M of Beacon Financial Corp stock for Q1 2019, up 6.9% quarter-over-quarter.
- 22 funds opened new Beacon Financial Corp positions in Q1 2019 and 30 closed out, a net change of -8 holders.
- The largest Beacon Financial Corp buyer in Q1 2019 was Victory Capital Management, an estimated $30.4M added.
- The largest Beacon Financial Corp seller in Q1 2019 was Fidelity Investments, an estimated $10.7M sold.
Based on aggregated 13F filings for Q1 2019.