Beacon Financial Corp
167 hedge funds and large institutions have $584M invested in Beacon Financial Corp in 2020 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 53 increasing their positions, 54 reducing their positions, and 31 closing their positions.
4.99% more ownership
Funds ownership: 73.26% → 78.25% (+5%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less repeat investments, than reductions
Existing positions increased: 53 | 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: 171 → 167 (-4)
51% less capital invested
Capital invested by funds: $1.2B → $584M (-$619M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
+$38.2M |
| 2 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$8.02M |
| 3 |
RCAMU
Rothschild & Co Asset Management US
Stamford,
Connecticut
|
+$7.04M |
| 4 |
Renaissance Technologies
New York
|
+$4.39M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
-$4.08M |
| 2 |
Millennium Management
New York
|
-$3.68M |
| 3 |
ACB
Aristotle Capital Boston
Boston,
Massachusetts
|
-$2.91M |
| 4 |
BlackRock
New York
|
-$2.59M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$2.51M |
BBT Hedge Fund Activity: Q1 2020 in Review
167 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Beacon Financial Corp (BBT) for Q1 2020, worth a combined $584M — down 51% 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 53 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.
- 167 institutional investors held Beacon Financial Corp (BBT) as of Q1 2020, down from 171 in Q4 2019.
- Funds reported $584M of Beacon Financial Corp stock for Q1 2020, down 51% 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.