Brink's
180 hedge funds and large institutions have $1.47B invested in Brink's in 2015 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 59 increasing their positions, 74 reducing their positions, and 20 closing their positions.
300% more funds holding in top 10
Funds holding in top 10: 1 → 4 (+3)
55% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 20
5% more funds holding
Funds holding: 172 → 180 (+8)
2% less capital invested
Capital invested by funds: $1.51B → $1.47B (-$36.6M)
9.48% less ownership
Funds ownership: 112.22% → 102.73% (-9.5%)
20% less repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 74
30% less call options, than puts
Call options by funds: $2.2M | Put options by funds: $3.13M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SV
Starboard Value
New York
|
+$67.3M |
| 2 |
1M
13D Management
New York
|
+$13.7M |
| 3 |
ZIG
Zuckerman Investment Group
Chicago,
Illinois
|
+$11.1M |
| 4 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$10.9M |
| 5 |
SCM
Scopia Capital Management
New York
|
+$10M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IVA
International Value Advisers
|
-$46.4M |
| 2 |
SAM
Southernsun Asset Management
Memphis,
Tennessee
|
-$35.5M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$33.7M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$25.8M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
-$25.7M |
BCO Hedge Fund Activity: Q2 2015 in Review
180 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Brink's (BCO) for Q2 2015, worth a combined $1.47B — down 2.4% from $1.51B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new BCO positions and 20 closed out — a net gain of 11 holders — while 59 added to existing stakes and 74 trimmed.
The largest buyer was Starboard Value, adding an estimated $67.3M. The largest seller was International Value Advisers, exiting entirely with an estimated $46.4M sold.
- 180 institutional investors held Brink's (BCO) as of Q2 2015, up from 172 in Q1 2015.
- Funds reported $1.47B of Brink's stock for Q2 2015, down 2.4% quarter-over-quarter.
- 31 funds opened new Brink's positions in Q2 2015 and 20 closed out, a net change of +11 holders.
- The largest Brink's buyer in Q2 2015 was Starboard Value, an estimated $67.3M added.
- The largest Brink's seller in Q2 2015 was International Value Advisers, an estimated $46.4M sold.
Based on aggregated 13F filings for Q2 2015.