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BBT

Beacon Financial Corp

186 hedge funds and large institutions have $1.05B invested in Beacon Financial Corp in 2017 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 64 increasing their positions, 53 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

94% more first-time investments, than exits

New positions opened: 35 | Existing positions closed: 18

21% more repeat investments, than reductions

Existing positions increased: 64 | Existing positions reduced: 53

14% more capital invested

Capital invested by funds: $926M → $1.05B (+$127M)

9% more funds holding

Funds holding: 170186 (+16)

2.21% more ownership

Funds ownership: 71.92%74.12% (+2.2%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $179K

Holders
186
Holders Change
+16
Holders Change %
+9.41%
% of All Funds
4.64%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
35
Increased
64
Reduced
53
Closed
18
Calls
Puts
$179K
Net Calls
-$179K
Net Calls Change
-$179K
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$110M +$19.4M +540,080 +21%
Dimensional Fund Advisors
2
Dimensional Fund Advisors
Texas
$106M +$7.3M +202,898 +7%
BlackRock
3
BlackRock
New York
$81.7M +$5.84M +162,422 +8%
Manulife (Manufacturers Life Insurance)
4
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$40M +$9.19M +255,429 +29%
State Street
5
State Street
Massachusetts
$38.5M +$1.43M +39,632 +4%
LSV Asset Management
6
LSV Asset Management
Illinois
$37M +$1.05M +29,100 +3%
Allianz Asset Management
7
Allianz Asset Management
Germany
$31.7M +$10.4M +288,240 +47%
Wellington Management Group
8
Wellington Management Group
Massachusetts
$31M +$26.8M +745,904 +551%
JAM
9
Jacobs Asset Management
New York
$29M +$2.06M +57,238 +7%
Northern Trust
10
Northern Trust
Illinois
$24.3M +$1.32M +36,665 +6%
FIM
11
Foresters Investment Management
New York
$23.4M +$57.6K +1,600 +0.2%
N
12
Nuveen
North Carolina
$22.6M +$5.6M +155,568 +32%
Renaissance Technologies
13
Renaissance Technologies
New York
$22.2M +$4.42M +122,886 +24%
William Blair Investment Management
14
William Blair Investment Management
Illinois
$21M -$135K -3,750 -0.6%
Millennium Management
15
Millennium Management
New York
$20.4M +$20.8M +579,197 New
SFM
16
Systematic Financial Management
New Jersey
$17M +$1.19M +32,976 +7%
Prudential Financial
17
Prudential Financial
New Jersey
$16.2M -$1.78M -49,490 -10%
O
18
OppenheimerFunds
New York
$16.1M +$1.12M +31,230 +7%
EAM
19
Eagle Asset Management
Florida
$15.2M +$15.5M +431,836 New
MCM
20
Maltese Capital Management
New York
$12.2M +$12.5M +347,827 New
RCAMU
21
Rothschild & Co Asset Management US
Connecticut
$12M -$13.7M -380,563 -53%
Bank of New York Mellon
22
Bank of New York Mellon
New York
$11.5M +$510K +14,178 +5%
Nordea Investment Management
23
Nordea Investment Management
Sweden
$10.8M -$1.25M -34,733 -10%
Geode Capital Management
24
Geode Capital Management
Massachusetts
$10.7M -$453K -12,595 -4%
Massachusetts Financial Services
25
Massachusetts Financial Services
Massachusetts
$10.7M -$3.86M -107,162 -26%

BBT Hedge Fund Activity: Q2 2017 in Review

186 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Beacon Financial Corp (BBT) for Q2 2017, worth a combined $1.05B — up 14% from $926M a quarter earlier.

Buyers outnumbered sellers: 35 funds opened new BBT positions and 18 closed out — a net gain of 17 holders — while 64 added to existing stakes and 53 trimmed.

The largest buyer was Wellington Management Group, adding an estimated $26.8M. The largest seller was Rothschild & Co Asset Management US, cutting an estimated $13.7M.

  • 186 institutional investors held Beacon Financial Corp (BBT) as of Q2 2017, up from 170 in Q1 2017.
  • Funds reported $1.05B of Beacon Financial Corp stock for Q2 2017, up 14% quarter-over-quarter.
  • 35 funds opened new Beacon Financial Corp positions in Q2 2017 and 18 closed out, a net change of +17 holders.
  • The largest Beacon Financial Corp buyer in Q2 2017 was Wellington Management Group, an estimated $26.8M added.
  • The largest Beacon Financial Corp seller in Q2 2017 was Rothschild & Co Asset Management US, an estimated $13.7M sold.

Based on aggregated 13F filings for Q2 2017.