Beacon Financial Corp
114 hedge funds and large institutions have $461M invested in Beacon Financial Corp in 2014 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 43 increasing their positions, 37 reducing their positions, and 16 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 37
0.01% more ownership
Funds ownership: 74.03% → 74.03% (+0.01%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less capital invested
Capital invested by funds: $485M → $461M (-$23.4M)
7% less funds holding
Funds holding: 123 → 114 (-9)
56% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$7.25M |
| 2 |
Millennium Management
New York
|
+$4.83M |
| 3 |
SAM
Skyline Asset Management
Chicago,
Illinois
|
+$1.37M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.35M |
| 5 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
+$1.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIS
AlphaOne Investment Services
West Chester,
Pennsylvania
|
-$3.88M |
| 2 |
ICOM
Investment Counselors of Maryland
Baltimore,
Maryland
|
-$3.81M |
| 3 |
BMCMI
Bryn Mawr Capital Management Inc
Bryn Mawr,
Pennsylvania
|
-$3.2M |
| 4 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$2.82M |
| 5 |
AC
Amici Capital
New York
|
-$1.46M |
BBT Hedge Fund Activity: Q1 2014 in Review
114 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Beacon Financial Corp (BBT) for Q1 2014, worth a combined $461M — down 4.8% from $485M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of BBT and 7 opened new positions — a net loss of 9 holders — while 37 trimmed existing stakes and 43 added.
The largest buyer was Wellington Management Group, opening a new position worth an estimated $7.25M. The largest seller was AlphaOne Investment Services, exiting entirely with an estimated $3.88M sold.
- 114 institutional investors held Beacon Financial Corp (BBT) as of Q1 2014, down from 123 in Q4 2013.
- Funds reported $461M of Beacon Financial Corp stock for Q1 2014, down 4.8% quarter-over-quarter.
- 7 funds opened new Beacon Financial Corp positions in Q1 2014 and 16 closed out, a net change of -9 holders.
- The largest Beacon Financial Corp buyer in Q1 2014 was Wellington Management Group, an estimated $7.25M added.
- The largest Beacon Financial Corp seller in Q1 2014 was AlphaOne Investment Services, an estimated $3.88M sold.
Based on aggregated 13F filings for Q1 2014.