Beacon Financial Corp
161 hedge funds and large institutions have $644M invested in Beacon Financial Corp in 2016 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 69 increasing their positions, 45 reducing their positions, and 14 closing their positions.
57% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 14
53% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 45
5% more funds holding
Funds holding: 154 → 161 (+7)
4% more capital invested
Capital invested by funds: $621M → $644M (+$22.8M)
0.62% more ownership
Funds ownership: 73.78% → 74.4% (+0.62%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
+$9.99M |
| 2 |
Nordea Investment Management
Stockholm,
Sweden
|
+$4.38M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.73M |
| 4 |
EC
EJF Capital
Arlington,
Virginia
|
+$2.73M |
| 5 |
Goldman Sachs
New York
|
+$2.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
Artemis Investment Management
Edinburgh,
United Kingdom
|
-$11.7M |
| 2 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$9.05M |
| 3 |
IAM
Impax Asset Management
Portsmouth,
New Hampshire
|
-$7.07M |
| 4 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$5.57M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
-$4.89M |
BBT Hedge Fund Activity: Q3 2016 in Review
161 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Beacon Financial Corp (BBT) for Q3 2016, worth a combined $644M — up 3.7% from $621M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new BBT positions and 14 closed out — a net gain of 8 holders — while 69 added to existing stakes and 45 trimmed.
The largest buyer was OppenheimerFunds, opening a new position worth an estimated $9.99M. The largest seller was Artemis Investment Management, exiting entirely with an estimated $11.7M sold.
- 161 institutional investors held Beacon Financial Corp (BBT) as of Q3 2016, up from 154 in Q2 2016.
- Funds reported $644M of Beacon Financial Corp stock for Q3 2016, up 3.7% quarter-over-quarter.
- 22 funds opened new Beacon Financial Corp positions in Q3 2016 and 14 closed out, a net change of +8 holders.
- The largest Beacon Financial Corp buyer in Q3 2016 was OppenheimerFunds, an estimated $9.99M added.
- The largest Beacon Financial Corp seller in Q3 2016 was Artemis Investment Management, an estimated $11.7M sold.
Based on aggregated 13F filings for Q3 2016.