Brink's
260 hedge funds and large institutions have $4.05B invested in Brink's in 2018 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 103 increasing their positions, 92 reducing their positions, and 36 closing their positions.
56% more funds holding in top 10
Funds holding in top 10: 9 → 14 (+5)
16% more capital invested
Capital invested by funds: $3.5B → $4.05B (+$552M)
12% more repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 92
2.83% more ownership
Funds ownership: 96.92% → 99.75% (+2.8%)
10% less call options, than puts
Call options by funds: $11.7M | Put options by funds: $13M
2% less funds holding
Funds holding: 265 → 260 (-5)
11% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 36
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DVI
Deccan Value Investors
Greenwich,
Connecticut
|
+$103M |
| 2 |
BC
Brahman Capital
New York
|
+$63.1M |
| 3 |
PCP
P2 Capital Partners
New York
|
+$39.8M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$28M |
| 5 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$27.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SV
Starboard Value
New York
|
-$42.3M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$39.8M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$39.7M |
| 4 |
SAM
Southernsun Asset Management
Memphis,
Tennessee
|
-$25.5M |
| 5 |
GC
Greencape Capital
Melbourne,
Australia
|
-$24.3M |
BCO Hedge Fund Activity: Q2 2018 in Review
260 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Brink's (BCO) for Q2 2018, worth a combined $4.05B — up 16% from $3.5B a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of BCO and 32 opened new positions — a net loss of 4 holders — while 92 trimmed existing stakes and 103 added.
The largest buyer was Deccan Value Investors, opening a new position worth an estimated $103M. The largest seller was Starboard Value, exiting entirely with an estimated $42.3M sold.
- 260 institutional investors held Brink's (BCO) as of Q2 2018, down from 265 in Q1 2018.
- Funds reported $4.05B of Brink's stock for Q2 2018, up 16% quarter-over-quarter.
- 32 funds opened new Brink's positions in Q2 2018 and 36 closed out, a net change of -4 holders.
- The largest Brink's buyer in Q2 2018 was Deccan Value Investors, an estimated $103M added.
- The largest Brink's seller in Q2 2018 was Starboard Value, an estimated $42.3M sold.
Based on aggregated 13F filings for Q2 2018.