Brink's
279 hedge funds and large institutions have $3.82B invested in Brink's in 2017 Q4 according to their latest regulatory filings, with 52 funds opening new positions, 98 increasing their positions, 102 reducing their positions, and 35 closing their positions.
49% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 35
6% more funds holding
Funds holding: 263 → 279 (+16)
1.74% more ownership
Funds ownership: 94.96% → 96.7% (+1.7%)
4% less repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 102
5% less capital invested
Capital invested by funds: $4.04B → $3.82B (-$221M)
26% less call options, than puts
Call options by funds: $4.29M | Put options by funds: $5.81M
33% less funds holding in top 10
Funds holding in top 10: 9 → 6 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Southernsun Asset Management
Memphis,
Tennessee
|
+$55.2M |
| 2 |
GC
Greencape Capital
Melbourne,
Australia
|
+$38.5M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$35.6M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$30.4M |
| 5 |
AC
Ascend Capital
Orinda,
California
|
+$27.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SV
Starboard Value
New York
|
-$34.9M |
| 2 |
CI
Cooper Investors
Melbourne, Victoria,
Australia
|
-$32.3M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$31.8M |
| 4 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
-$27.3M |
| 5 |
HAI
Hennessy Advisors Inc
Novato,
California
|
-$25M |
BCO Hedge Fund Activity: Q4 2017 in Review
279 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Brink's (BCO) for Q4 2017, worth a combined $3.82B — down 5.5% from $4.04B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new BCO positions and 35 closed out — a net gain of 17 holders — while 98 added to existing stakes and 102 trimmed.
The largest buyer was Southernsun Asset Management, adding an estimated $55.2M. The largest seller was Starboard Value, cutting an estimated $34.9M.
- 279 institutional investors held Brink's (BCO) as of Q4 2017, up from 263 in Q3 2017.
- Funds reported $3.82B of Brink's stock for Q4 2017, down 5.5% quarter-over-quarter.
- 52 funds opened new Brink's positions in Q4 2017 and 35 closed out, a net change of +17 holders.
- The largest Brink's buyer in Q4 2017 was Southernsun Asset Management, an estimated $55.2M added.
- The largest Brink's seller in Q4 2017 was Starboard Value, an estimated $34.9M sold.
Based on aggregated 13F filings for Q4 2017.