Beacon Financial Corp
177 hedge funds and large institutions have $668M invested in Beacon Financial Corp in 2020 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 51 increasing their positions, 56 reducing their positions, and 22 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
71% more capital invested
Capital invested by funds: $391M → $668M (+$277M)
64% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 22
9% more funds holding
Funds holding: 163 → 177 (+14)
0.05% less ownership
Funds ownership: 76.82% → 76.77% (-0.05%)
9% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 56
81% less call options, than puts
Call options by funds: $725K | Put options by funds: $3.79M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$9.32M |
| 2 |
BCM
Basswood Capital Management
New York
|
+$5.42M |
| 3 |
EPCA
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
|
+$5.05M |
| 4 |
EC
EJF Capital
Arlington,
Virginia
|
+$4.25M |
| 5 |
MCM
Maltese Capital Management
New York
|
+$3.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
-$10.5M |
| 2 |
JAM
Jacobs Asset Management
New York
|
-$4.89M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$4.07M |
| 4 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$3.55M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$3.27M |
BBT Hedge Fund Activity: Q4 2020 in Review
177 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Beacon Financial Corp (BBT) for Q4 2020, worth a combined $668M — up 71% from $391M a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new BBT positions and 22 closed out — a net gain of 14 holders — while 51 added to existing stakes and 56 trimmed.
The largest buyer was Kennedy Capital Management, adding an estimated $9.32M. The largest seller was Clark Capital Management Group, cutting an estimated $10.5M.
- 177 institutional investors held Beacon Financial Corp (BBT) as of Q4 2020, up from 163 in Q3 2020.
- Funds reported $668M of Beacon Financial Corp stock for Q4 2020, up 71% quarter-over-quarter.
- 36 funds opened new Beacon Financial Corp positions in Q4 2020 and 22 closed out, a net change of +14 holders.
- The largest Beacon Financial Corp buyer in Q4 2020 was Kennedy Capital Management, an estimated $9.32M added.
- The largest Beacon Financial Corp seller in Q4 2020 was Clark Capital Management Group, an estimated $10.5M sold.
Based on aggregated 13F filings for Q4 2020.