Brink's
169 hedge funds and large institutions have $1.2B invested in Brink's in 2014 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 60 increasing their positions, 55 reducing their positions, and 28 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
16% more call options, than puts
Call options by funds: $2.86M | Put options by funds: $2.46M
9% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 55
3.83% less ownership
Funds ownership: 106.49% → 102.66% (-3.8%)
5% less funds holding
Funds holding: 178 → 169 (-9)
27% less capital inflows, than outflows
Capital inflows: $123M | Capital outflows: $168M
29% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sagard Capital Partners Management
New York
|
+$34.6M |
| 2 |
Morgan Stanley
New York
|
+$10.2M |
| 3 |
International Value Advisers
|
+$8.59M |
| 4 |
Southernsun Asset Management
Memphis,
Tennessee
|
+$5.94M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$5.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$60.9M |
| 2 |
Royce & Associates
New York
|
-$19.2M |
| 3 |
Cooke & Bieler
Philadelphia,
Pennsylvania
|
-$12.6M |
| 4 |
Managed Account Advisors
Jersey City,
New Jersey
|
-$11.8M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$10.9M |
BCO Hedge Fund Activity: Q3 2014 in Review
169 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Brink's (BCO) for Q3 2014, worth a combined $1.2B — down 18% from $1.46B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of BCO and 20 opened new positions — a net loss of 8 holders — while 55 trimmed existing stakes and 60 added.
The largest buyer was Sagard Capital Partners Management, adding an estimated $34.6M. The largest seller was Allianz Asset Management, cutting an estimated $60.9M.
- 169 institutional investors held Brink's (BCO) as of Q3 2014, down from 178 in Q2 2014.
- Funds reported $1.2B of Brink's stock for Q3 2014, down 18% quarter-over-quarter.
- 20 funds opened new Brink's positions in Q3 2014 and 28 closed out, a net change of -8 holders.
- The largest Brink's buyer in Q3 2014 was Sagard Capital Partners Management, an estimated $34.6M added.
- The largest Brink's seller in Q3 2014 was Allianz Asset Management, an estimated $60.9M sold.
Based on aggregated 13F filings for Q3 2014.