Beacon Financial Corp
179 hedge funds and large institutions have $823M invested in Beacon Financial Corp in 2024 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 55 increasing their positions, 63 reducing their positions, and 13 closing their positions.
257% more call options, than puts
Call options by funds: $25K | Put options by funds: $7K
46% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 13
3% more funds holding
Funds holding: 173 → 179 (+6)
1.97% less ownership
Funds ownership: 84.28% → 82.31% (-2%)
10% less capital invested
Capital invested by funds: $914M → $823M (-$90.4M)
13% less repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 63
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
+$8.37M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$5.43M |
| 3 |
Verition Fund Management
Greenwich,
Connecticut
|
+$4.9M |
| 4 |
KIM
Kestrel Investment Management
San Mateo,
California
|
+$3.18M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$2.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
-$13.2M |
| 2 |
Morgan Stanley
New York
|
-$10.5M |
| 3 |
HAM
HoldCo Asset Management
Fort Lauderdale,
Florida
|
-$9.97M |
| 4 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$9.59M |
| 5 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
-$3.11M |
BBT Hedge Fund Activity: Q1 2024 in Review
179 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Beacon Financial Corp (BBT) for Q1 2024, worth a combined $823M — down 9.9% from $914M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new BBT positions and 13 closed out — a net gain of 6 holders — while 55 added to existing stakes and 63 trimmed.
The largest buyer was LSV Asset Management, adding an estimated $8.37M. The largest seller was Boston Partners, cutting an estimated $13.2M.
- 179 institutional investors held Beacon Financial Corp (BBT) as of Q1 2024, up from 173 in Q4 2023.
- Funds reported $823M of Beacon Financial Corp stock for Q1 2024, down 9.9% quarter-over-quarter.
- 19 funds opened new Beacon Financial Corp positions in Q1 2024 and 13 closed out, a net change of +6 holders.
- The largest Beacon Financial Corp buyer in Q1 2024 was LSV Asset Management, an estimated $8.37M added.
- The largest Beacon Financial Corp seller in Q1 2024 was Boston Partners, an estimated $13.2M sold.
Based on aggregated 13F filings for Q1 2024.