Beacon Financial Corp
173 hedge funds and large institutions have $914M invested in Beacon Financial Corp in 2023 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 55 increasing their positions, 68 reducing their positions, and 14 closing their positions.
26% more capital invested
Capital invested by funds: $726M → $914M (+$188M)
1.97% more ownership
Funds ownership: 82.31% → 84.28% (+2%)
7% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 14
1% more funds holding
Funds holding: 172 → 173 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
19% less repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 68
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$13M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
+$6.02M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$1.91M |
| 5 |
State Street
Boston,
Massachusetts
|
+$1.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$7.81M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$3.63M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$2.28M |
| 4 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$2.23M |
| 5 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
-$1.82M |
BBT Hedge Fund Activity: Q4 2023 in Review
173 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Beacon Financial Corp (BBT) for Q4 2023, worth a combined $914M — up 26% from $726M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new BBT positions and 14 closed out — a net gain of 1 holder — while 55 added to existing stakes and 68 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $13M. The largest seller was Goldman Sachs, cutting an estimated $7.81M.
- 173 institutional investors held Beacon Financial Corp (BBT) as of Q4 2023, up from 172 in Q3 2023.
- Funds reported $914M of Beacon Financial Corp stock for Q4 2023, up 26% quarter-over-quarter.
- 15 funds opened new Beacon Financial Corp positions in Q4 2023 and 14 closed out, a net change of +1 holder.
- The largest Beacon Financial Corp buyer in Q4 2023 was Morgan Stanley, an estimated $13M added.
- The largest Beacon Financial Corp seller in Q4 2023 was Goldman Sachs, an estimated $7.81M sold.
Based on aggregated 13F filings for Q4 2023.