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BBT

Beacon Financial Corp

168 hedge funds and large institutions have $602M invested in Beacon Financial Corp in 2020 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 54 increasing their positions, 54 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

7.5% more ownership

Funds ownership: 73.26%80.76% (+7.5%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0% more repeat investments, than reductions

Existing positions increased: 54 | Existing positions reduced: 54

3% less first-time investments, than exits

New positions opened: 30 | Existing positions closed: 31

2% less funds holding

Funds holding: 171168 (-3)

50% less capital invested

Capital invested by funds: $1.2B → $602M (-$600M)

Holders
168
Holders Change
-3
Holders Change %
-1.75%
% of All Funds
3.7%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
30
Increased
54
Reduced
54
Closed
31
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$99.8M -$2.59M -102,610 -2%
Vanguard Group
2
Vanguard Group
Pennsylvania
$71.7M +$2.58M +102,050 +2%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$60.7M -$1.22M -48,233 -1%
Victory Capital Management
4
Victory Capital Management
Texas
$37.4M +$32.5M +1,287,762 +105%
State Street
5
State Street
Massachusetts
$23.9M +$2.33M +92,135 +6%
CCMG
6
Clark Capital Management Group
Pennsylvania
$22.5M +$38.2M +1,511,268 New
WHG
7
Westwood Holdings Group
Texas
$19.1M +$8.02M +317,505 +33%
LSV Asset Management
8
LSV Asset Management
Illinois
$18.2M -$583K -23,100 -2%
Invesco
9
Invesco
Georgia
$17.4M +$2.05M +81,104 +7%
N
10
Nuveen
North Carolina
$17.3M +$67.3K +2,663 +0.2%
ACB
11
Aristotle Capital Boston
Massachusetts
$12.8M -$2.91M -115,305 -12%
Northern Trust
12
Northern Trust
Illinois
$12M -$628K -24,870 -3%
Manulife (Manufacturers Life Insurance)
13
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$11.1M -$2.51M -99,196 -12%
SFM
14
Systematic Financial Management
New Jersey
$10.2M +$318K +12,587 +2%
Renaissance Technologies
15
Renaissance Technologies
New York
$10.1M +$4.39M +174,000 +35%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$9.58M -$718K -28,440 -4%
Geode Capital Management
17
Geode Capital Management
Massachusetts
$9.32M +$1.44M +57,036 +10%
Norges Bank
18
Norges Bank
Norway
$8.31M
JAM
19
Jacobs Asset Management
New York
$7M -$2.04M -80,874 -15%
Prudential Financial
20
Prudential Financial
New Jersey
$5.86M -$425K -16,817 -4%
JP Morgan Chase
21
JP Morgan Chase
New York
$5.21M +$288K +11,410 +3%
Principal Financial Group
22
Principal Financial Group
Iowa
$5.14M -$338K -13,392 -4%
FP
23
Foundry Partners
Minnesota
$5.09M +$1.37M +54,240 +19%
HAM
24
Hillcrest Asset Management
Texas
$5M +$55.6K +2,200 +0.7%
Charles Schwab
25
Charles Schwab
California
$4.41M +$667K +26,421 +10%

BBT Hedge Fund Activity: Q1 2020 in Review

168 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Beacon Financial Corp (BBT) for Q1 2020, worth a combined $602M — down 50% from $1.2B a quarter earlier.

Sellers outnumbered buyers: 31 funds closed out of BBT and 30 opened new positions — a net loss of 1 holder — while 54 trimmed existing stakes and 54 added.

The largest buyer was Clark Capital Management Group, opening a new position worth an estimated $38.2M. The largest seller was EJF Capital, cutting an estimated $4.08M.

  • 168 institutional investors held Beacon Financial Corp (BBT) as of Q1 2020, down from 171 in Q4 2019.
  • Funds reported $602M of Beacon Financial Corp stock for Q1 2020, down 50% quarter-over-quarter.
  • 30 funds opened new Beacon Financial Corp positions in Q1 2020 and 31 closed out, a net change of -1 holder.
  • The largest Beacon Financial Corp buyer in Q1 2020 was Clark Capital Management Group, an estimated $38.2M added.
  • The largest Beacon Financial Corp seller in Q1 2020 was EJF Capital, an estimated $4.08M sold.

Based on aggregated 13F filings for Q1 2020.