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BBT

Beacon Financial Corp

160 hedge funds and large institutions have $884M invested in Beacon Financial Corp in 2021 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 46 increasing their positions, 64 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

32% more capital invested

Capital invested by funds: $667M → $884M (+$217M)

0.93% more ownership

Funds ownership: 76.77%77.7% (+0.93%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

10% less funds holding

Funds holding: 177160 (-17)

28% less repeat investments, than reductions

Existing positions increased: 46 | Existing positions reduced: 64

52% less first-time investments, than exits

New positions opened: 15 | Existing positions closed: 31

55% less call options, than puts

Call options by funds: $453K | Put options by funds: $1.01M

Holders
160
Holders Change
-17
Holders Change %
-9.6%
% of All Funds
2.81%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
15
Increased
46
Reduced
64
Closed
31
Calls
$453K
Puts
$1.01M
Net Calls
-$557K
Net Calls Change
+$2.5M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$168M +$500K +24,486 +0.3%
Vanguard Group
2
Vanguard Group
Pennsylvania
$120M +$3.27M +160,021 +3%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$73.9M -$1.07M -52,572 -2%
State Street
4
State Street
Massachusetts
$48.7M +$8.04M +393,470 +22%
HAM
5
HoldCo Asset Management
Florida
$37.3M +$16.9M +827,682 +98%
ACB
6
Aristotle Capital Boston
Massachusetts
$26.7M +$42.3K +2,070 +0.2%
CCMG
7
Clark Capital Management Group
Pennsylvania
$24.4M +$1.63M +80,000 +8%
Invesco
8
Invesco
Georgia
$20.8M -$3.04M -148,625 -14%
FCM
9
FJ Capital Management
Virginia
$20.6M +$18.9M +924,500 New
Geode Capital Management
10
Geode Capital Management
Massachusetts
$18.2M +$1.96M +96,093 +13%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$15.8M +$254K +12,422 +2%
SFM
12
Systematic Financial Management
New Jersey
$15.4M -$566K -27,699 -4%
KCM
13
Kennedy Capital Management
Missouri
$15.3M -$495K -24,230 -3%
BCM
14
Basswood Capital Management
New York
$14.7M +$6M +294,019 +81%
Northern Trust
15
Northern Trust
Illinois
$13.8M -$1.88M -91,987 -13%
Goldman Sachs
16
Goldman Sachs
New York
$13.3M +$6.98M +341,909 +134%
N
17
Nuveen
North Carolina
$12.9M +$688K +33,688 +6%
Manulife (Manufacturers Life Insurance)
18
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$12.5M -$140K -6,838 -1%
Norges Bank
19
Norges Bank
Norway
$11.2M -$1.38M -67,781 -12%
Charles Schwab
20
Charles Schwab
California
$10.6M +$408K +19,962 +4%
LSV Asset Management
21
LSV Asset Management
Illinois
$10.5M -$8.75M -428,425 -48%
Principal Financial Group
22
Principal Financial Group
Iowa
$9.38M +$131K +6,404 +2%
JP Morgan Chase
23
JP Morgan Chase
New York
$9.23M +$2.11M +103,144 +33%
EPCA
24
Elizabeth Park Capital Advisors
Ohio
$9.01M +$1.32M +64,700 +19%
Thrivent Financial for Lutherans
25
Thrivent Financial for Lutherans
Minnesota
$8.96M -$798K -39,085 -9%

BBT Hedge Fund Activity: Q1 2021 in Review

160 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Beacon Financial Corp (BBT) for Q1 2021, worth a combined $884M — up 32% from $667M a quarter earlier.

Sellers outnumbered buyers: 31 funds closed out of BBT and 15 opened new positions — a net loss of 16 holders — while 64 trimmed existing stakes and 46 added.

The largest buyer was FJ Capital Management, opening a new position worth an estimated $18.9M. The largest seller was LSV Asset Management, cutting an estimated $8.75M.

  • 160 institutional investors held Beacon Financial Corp (BBT) as of Q1 2021, down from 177 in Q4 2020.
  • Funds reported $884M of Beacon Financial Corp stock for Q1 2021, up 32% quarter-over-quarter.
  • 15 funds opened new Beacon Financial Corp positions in Q1 2021 and 31 closed out, a net change of -16 holders.
  • The largest Beacon Financial Corp buyer in Q1 2021 was FJ Capital Management, an estimated $18.9M added.
  • The largest Beacon Financial Corp seller in Q1 2021 was LSV Asset Management, an estimated $8.75M sold.

Based on aggregated 13F filings for Q1 2021.