Beacon Financial Corp
174 hedge funds and large institutions have $1.18B invested in Beacon Financial Corp in 2019 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 77 increasing their positions, 36 reducing their positions, and 27 closing their positions.
114% more repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 36
20% more capital invested
Capital invested by funds: $986M → $1.18B (+$197M)
0% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 27
2% less funds holding
Funds holding: 178 → 174 (-4)
5.11% less ownership
Funds ownership: 78.79% → 73.67% (-5.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$22.8M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$13.4M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$12.5M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
+$10.2M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$8.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$10.2M |
| 2 |
EC
EJF Capital
Arlington,
Virginia
|
-$9.74M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$3.9M |
| 4 |
Goldman Sachs
New York
|
-$3.83M |
| 5 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$3.23M |
BBT Hedge Fund Activity: Q2 2019 in Review
174 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Beacon Financial Corp (BBT) for Q2 2019, worth a combined $1.18B — up 20% from $986M a quarter earlier.
Fund positioning in BBT was balanced in Q2 2019: 27 funds opened new positions, 27 closed out, 77 added to existing stakes and 36 trimmed.
The largest buyer was BlackRock, adding an estimated $22.8M. The largest seller was Massachusetts Financial Services, exiting entirely with an estimated $10.2M sold.
- 174 institutional investors held Beacon Financial Corp (BBT) as of Q2 2019, down from 178 in Q1 2019.
- Funds reported $1.18B of Beacon Financial Corp stock for Q2 2019, up 20% quarter-over-quarter.
- 27 funds opened new Beacon Financial Corp positions in Q2 2019 and 27 closed out, a net change of 0 holders.
- The largest Beacon Financial Corp buyer in Q2 2019 was BlackRock, an estimated $22.8M added.
- The largest Beacon Financial Corp seller in Q2 2019 was Massachusetts Financial Services, an estimated $10.2M sold.
Based on aggregated 13F filings for Q2 2019.