Brink's
224 hedge funds and large institutions have $2.33B invested in Brink's in 2020 Q2 according to their latest regulatory filings, with 37 funds opening new positions, 95 increasing their positions, 65 reducing their positions, and 50 closing their positions.
46% more repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 65
1.26% more ownership
Funds ownership: 100.27% → 101.53% (+1.3%)
6% less funds holding
Funds holding: 238 → 224 (-14)
11% less capital invested
Capital invested by funds: $2.61B → $2.33B (-$283M)
24% less call options, than puts
Call options by funds: $3.44M | Put options by funds: $4.53M
26% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 50
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Teacher Retirement System of Texas
Austin,
Texas
|
+$32.1M |
| 2 |
BC
Brahman Capital
New York
|
+$30.1M |
| 3 |
GC
Greencape Capital
Melbourne,
Australia
|
+$21.6M |
| 4 |
Renaissance Technologies
New York
|
+$21.5M |
| 5 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$16.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
-$66.4M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$34.1M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$33.5M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$19.3M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$17.7M |
BCO Hedge Fund Activity: Q2 2020 in Review
224 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Brink's (BCO) for Q2 2020, worth a combined $2.33B — down 11% from $2.61B a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of BCO and 37 opened new positions — a net loss of 13 holders — while 65 trimmed existing stakes and 95 added.
The largest buyer was Teacher Retirement System of Texas, adding an estimated $32.1M. The largest seller was Iridian Asset Management, exiting entirely with an estimated $66.4M sold.
- 224 institutional investors held Brink's (BCO) as of Q2 2020, down from 238 in Q1 2020.
- Funds reported $2.33B of Brink's stock for Q2 2020, down 11% quarter-over-quarter.
- 37 funds opened new Brink's positions in Q2 2020 and 50 closed out, a net change of -13 holders.
- The largest Brink's buyer in Q2 2020 was Teacher Retirement System of Texas, an estimated $32.1M added.
- The largest Brink's seller in Q2 2020 was Iridian Asset Management, an estimated $66.4M sold.
Based on aggregated 13F filings for Q2 2020.