Beacon Financial Corp
172 hedge funds and large institutions have $726M invested in Beacon Financial Corp in 2023 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 47 increasing their positions, 70 reducing their positions, and 12 closing their positions.
25% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 12
1% more funds holding
Funds holding: 171 → 172 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.29% less ownership
Funds ownership: 82.6% → 82.31% (-0.29%)
4% less capital invested
Capital invested by funds: $759M → $726M (-$32.5M)
30% less call options, than puts
Call options by funds: $98K | Put options by funds: $140K
33% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 70
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$4.33M |
| 2 |
Millennium Management
New York
|
+$2.38M |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$1.57M |
| 4 |
Renaissance Technologies
New York
|
+$1.44M |
| 5 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$1.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
-$4.27M |
| 2 |
State Street
Boston,
Massachusetts
|
-$4.04M |
| 3 |
BlackRock
New York
|
-$3.65M |
| 4 |
Goldman Sachs
New York
|
-$3.38M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$2.72M |
BBT Hedge Fund Activity: Q3 2023 in Review
172 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Beacon Financial Corp (BBT) for Q3 2023, worth a combined $726M — down 4.3% from $759M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new BBT positions and 12 closed out — a net gain of 3 holders — while 47 added to existing stakes and 70 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $4.33M. The largest seller was Dimensional Fund Advisors, cutting an estimated $4.27M.
- 172 institutional investors held Beacon Financial Corp (BBT) as of Q3 2023, up from 171 in Q2 2023.
- Funds reported $726M of Beacon Financial Corp stock for Q3 2023, down 4.3% quarter-over-quarter.
- 15 funds opened new Beacon Financial Corp positions in Q3 2023 and 12 closed out, a net change of +3 holders.
- The largest Beacon Financial Corp buyer in Q3 2023 was Wellington Management Group, an estimated $4.33M added.
- The largest Beacon Financial Corp seller in Q3 2023 was Dimensional Fund Advisors, an estimated $4.27M sold.
Based on aggregated 13F filings for Q3 2023.