Brink's
227 hedge funds and large institutions have $2.5B invested in Brink's in 2017 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 74 increasing their positions, 89 reducing their positions, and 21 closing their positions.
110% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 21
30% more capital invested
Capital invested by funds: $1.93B → $2.5B (+$574M)
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
9% more funds holding
Funds holding: 209 → 227 (+18)
0.66% less ownership
Funds ownership: 93.52% → 92.86% (-0.66%)
17% less repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 89
49% less call options, than puts
Call options by funds: $1.31M | Put options by funds: $2.56M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$265M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$56.9M |
| 3 |
CCI
Columbus Circle Investors
|
+$22M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$14.4M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
+$11.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SV
Starboard Value
New York
|
-$75.5M |
| 2 |
AR
Advisory Research
Chicago,
Illinois
|
-$32M |
| 3 |
SAM
Southernsun Asset Management
Memphis,
Tennessee
|
-$31M |
| 4 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$19M |
| 5 |
SCPM
Sagard Capital Partners Management
New York
|
-$14.8M |
BCO Hedge Fund Activity: Q1 2017 in Review
227 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Brink's (BCO) for Q1 2017, worth a combined $2.5B — up 30% from $1.93B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new BCO positions and 21 closed out — a net gain of 23 holders — while 74 added to existing stakes and 89 trimmed.
The largest buyer was BlackRock, adding an estimated $265M. The largest seller was Starboard Value, cutting an estimated $75.5M.
- 227 institutional investors held Brink's (BCO) as of Q1 2017, up from 209 in Q4 2016.
- Funds reported $2.5B of Brink's stock for Q1 2017, up 30% quarter-over-quarter.
- 44 funds opened new Brink's positions in Q1 2017 and 21 closed out, a net change of +23 holders.
- The largest Brink's buyer in Q1 2017 was BlackRock, an estimated $265M added.
- The largest Brink's seller in Q1 2017 was Starboard Value, an estimated $75.5M sold.
Based on aggregated 13F filings for Q1 2017.