Brink's
176 hedge funds and large institutions have $1.33B invested in Brink's in 2015 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 61 increasing their positions, 68 reducing their positions, and 28 closing their positions.
64% more call options, than puts
Call options by funds: $1.37M | Put options by funds: $840K
7% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 28
2% less funds holding
Funds holding: 179 → 176 (-3)
1.69% less ownership
Funds ownership: 102.73% → 101.04% (-1.7%)
9% less capital invested
Capital invested by funds: $1.47B → $1.33B (-$137M)
10% less repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 68
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AR
Advisory Research
Chicago,
Illinois
|
+$56.3M |
| 2 |
SG Americas Securities
New York
|
+$11.9M |
| 3 |
SV
Starboard Value
New York
|
+$8.03M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$7.98M |
| 5 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$4.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
-$29.9M |
| 2 |
1M
13D Management
New York
|
-$13.4M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$11.1M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$8.38M |
| 5 |
SAM
Southernsun Asset Management
Memphis,
Tennessee
|
-$7.49M |
BCO Hedge Fund Activity: Q3 2015 in Review
176 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Brink's (BCO) for Q3 2015, worth a combined $1.33B — down 9.3% from $1.47B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of BCO and 26 opened new positions — a net loss of 2 holders — while 68 trimmed existing stakes and 61 added.
The largest buyer was Advisory Research, opening a new position worth an estimated $56.3M. The largest seller was Jennison Associates, cutting an estimated $29.9M.
- 176 institutional investors held Brink's (BCO) as of Q3 2015, down from 179 in Q2 2015.
- Funds reported $1.33B of Brink's stock for Q3 2015, down 9.3% quarter-over-quarter.
- 26 funds opened new Brink's positions in Q3 2015 and 28 closed out, a net change of -2 holders.
- The largest Brink's buyer in Q3 2015 was Advisory Research, an estimated $56.3M added.
- The largest Brink's seller in Q3 2015 was Jennison Associates, an estimated $29.9M sold.
Based on aggregated 13F filings for Q3 2015.