Beacon Financial Corp
202 hedge funds and large institutions have $1.43B invested in Beacon Financial Corp in 2018 Q2 according to their latest regulatory filings, with 38 funds opening new positions, 61 increasing their positions, 66 reducing their positions, and 20 closing their positions.
90% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 20
17% more capital invested
Capital invested by funds: $1.22B → $1.43B (+$211M)
9% more funds holding
Funds holding: 185 → 202 (+17)
6.76% more ownership
Funds ownership: 70.6% → 77.36% (+6.8%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 66
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$110M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$17.4M |
| 3 |
Bank of New York Mellon
New York
|
+$9.52M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$7.81M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$7.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACB
Aristotle Capital Boston
Boston,
Massachusetts
|
-$13.5M |
| 2 |
JAM
Jacobs Asset Management
New York
|
-$10.4M |
| 3 |
GLA
Great Lakes Advisors
Chicago,
Illinois
|
-$7.83M |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$7.27M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$6.49M |
BBT Hedge Fund Activity: Q2 2018 in Review
202 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Beacon Financial Corp (BBT) for Q2 2018, worth a combined $1.43B — up 17% from $1.22B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new BBT positions and 20 closed out — a net gain of 18 holders — while 61 added to existing stakes and 66 trimmed.
The largest buyer was BlackRock, adding an estimated $110M. The largest seller was Aristotle Capital Boston, cutting an estimated $13.5M.
- 202 institutional investors held Beacon Financial Corp (BBT) as of Q2 2018, up from 185 in Q1 2018.
- Funds reported $1.43B of Beacon Financial Corp stock for Q2 2018, up 17% quarter-over-quarter.
- 38 funds opened new Beacon Financial Corp positions in Q2 2018 and 20 closed out, a net change of +18 holders.
- The largest Beacon Financial Corp buyer in Q2 2018 was BlackRock, an estimated $110M added.
- The largest Beacon Financial Corp seller in Q2 2018 was Aristotle Capital Boston, an estimated $13.5M sold.
Based on aggregated 13F filings for Q2 2018.