Brink's
193 hedge funds and large institutions have $1.71B invested in Brink's in 2016 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 58 increasing their positions, 85 reducing their positions, and 34 closing their positions.
26% more capital invested
Capital invested by funds: $1.35B → $1.71B (+$354M)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
1.84% less ownership
Funds ownership: 95.11% → 93.27% (-1.8%)
4% less funds holding
Funds holding: 201 → 193 (-8)
21% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 34
22% less call options, than puts
Call options by funds: $1.3M | Put options by funds: $1.67M
32% less repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 85
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$90.7M |
| 2 |
HCM
Highbridge Capital Management
New York
|
+$14.1M |
| 3 |
Millennium Management
New York
|
+$8.94M |
| 4 |
Two Sigma Investments
New York
|
+$6.19M |
| 5 |
Morgan Stanley
New York
|
+$3.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Cambiar Investors
Denver,
Colorado
|
-$26.1M |
| 2 |
SCM
Scopia Capital Management
New York
|
-$21.5M |
| 3 |
Diamond Hill Capital Management
Columbus,
Ohio
|
-$20.6M |
| 4 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
-$9.46M |
| 5 |
RCM
Riverhead Capital Management
Wilmington,
Delaware
|
-$9.22M |
BCO Hedge Fund Activity: Q3 2016 in Review
193 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Brink's (BCO) for Q3 2016, worth a combined $1.71B — up 26% from $1.35B a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of BCO and 27 opened new positions — a net loss of 7 holders — while 85 trimmed existing stakes and 58 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $90.7M. The largest seller was Cambiar Investors, exiting entirely with an estimated $26.1M sold.
- 193 institutional investors held Brink's (BCO) as of Q3 2016, down from 201 in Q2 2016.
- Funds reported $1.71B of Brink's stock for Q3 2016, up 26% quarter-over-quarter.
- 27 funds opened new Brink's positions in Q3 2016 and 34 closed out, a net change of -7 holders.
- The largest Brink's buyer in Q3 2016 was T. Rowe Price Associates, an estimated $90.7M added.
- The largest Brink's seller in Q3 2016 was Cambiar Investors, an estimated $26.1M sold.
Based on aggregated 13F filings for Q3 2016.