Beacon Financial Corp
165 hedge funds and large institutions have $1.11B invested in Beacon Financial Corp in 2021 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 46 increasing their positions, 58 reducing their positions, and 20 closing their positions.
493% more call options, than puts
Call options by funds: $1.87M | Put options by funds: $315K
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
30% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 20
25% more capital invested
Capital invested by funds: $884M → $1.11B (+$221M)
3% more funds holding
Funds holding: 160 → 165 (+5)
1.06% more ownership
Funds ownership: 77.7% → 78.76% (+1.1%)
21% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 58
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICOM
Investment Counselors of Maryland
Baltimore,
Maryland
|
+$30.6M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$13.4M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$6.72M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$5.97M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$5.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
-$12.9M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
-$10.5M |
| 3 |
Goldman Sachs
New York
|
-$9.73M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$5.75M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$5.16M |
BBT Hedge Fund Activity: Q2 2021 in Review
165 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Beacon Financial Corp (BBT) for Q2 2021, worth a combined $1.11B — up 25% from $884M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new BBT positions and 20 closed out — a net gain of 6 holders — while 46 added to existing stakes and 58 trimmed.
The largest buyer was Investment Counselors of Maryland, opening a new position worth an estimated $30.6M. The largest seller was Basswood Capital Management, cutting an estimated $12.9M.
- 165 institutional investors held Beacon Financial Corp (BBT) as of Q2 2021, up from 160 in Q1 2021.
- Funds reported $1.11B of Beacon Financial Corp stock for Q2 2021, up 25% quarter-over-quarter.
- 26 funds opened new Beacon Financial Corp positions in Q2 2021 and 20 closed out, a net change of +6 holders.
- The largest Beacon Financial Corp buyer in Q2 2021 was Investment Counselors of Maryland, an estimated $30.6M added.
- The largest Beacon Financial Corp seller in Q2 2021 was Basswood Capital Management, an estimated $12.9M sold.
Based on aggregated 13F filings for Q2 2021.