Belden
214 hedge funds and large institutions have $3.5B invested in Belden in 2014 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 61 increasing their positions, 86 reducing their positions, and 23 closing their positions.
48% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 23
13% more capital invested
Capital invested by funds: $3.09B → $3.5B (+$406M)
5% more funds holding
Funds holding: 203 → 214 (+11)
0.42% more ownership
Funds ownership: 102.25% → 102.66% (+0.42%)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
29% less repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 86
84% less call options, than puts
Call options by funds: $86K | Put options by funds: $531K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$41.5M |
| 2 |
State Street
Boston,
Massachusetts
|
+$36.1M |
| 3 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$31.5M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$23.6M |
| 5 |
CRCP
Copper Rock Capital Partners
Boston,
Massachusetts
|
+$12.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$38.6M |
| 2 |
GAM
Gotham Asset Management
New York
|
-$21.3M |
| 3 |
KI
Kalmar Investments
Greenville,
Delaware
|
-$16.7M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$15.5M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$12.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AAP
226
Ardsley Advisory Partners
Stamford,
Connecticut
| – | -$348K | -5,000 | Closed |
|
227
Nomura Holdings
Tokyo,
Japan
| – | -$335K | -4,816 | Closed |
|
|
SB
228
Suntrust Banks
Atlanta,
Georgia
| – | -$320K | -4,609 | Closed |
|
|
SCA
229
SAC Capital Advisors
Stamford,
Connecticut
| – | -$251K | -3,606 | Closed |
|
|
PCM
230
Prelude Capital Management
New York
| – | -$244K | -3,500 | Closed |
|
|
HIMCH
231
Hartford Investment Management Co (HIMCO)
Hartford,
Connecticut
| – | -$230K | -3,303 | Closed |
|
232
Millennium Management
New York
| – | -$206K | -2,960 | Closed |
|
|
AP
233
Advisors Preferred
Rockville,
Maryland
| – | -$177K | -2,544 | Closed |
|
|
USGIU
234
U.S. Global Investors (USGI)
San Antonio,
Texas
| – | -$139K | -2,000 | Closed |
|
235
Walleye Trading
New York
| – | -$109 | -1,560 | Closed |
|
236
Fifth Third Bancorp
Cincinnati,
Ohio
| – | +$147 | +2 | New |
|
BDC Hedge Fund Activity: Q2 2014 in Review
214 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Belden (BDC) for Q2 2014, worth a combined $3.5B — up 13% from $3.09B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new BDC positions and 23 closed out — a net gain of 11 holders — while 61 added to existing stakes and 86 trimmed.
The largest buyer was Lord, Abbett & Co, opening a new position worth an estimated $41.5M. The largest seller was BlackRock Fund Advisors, cutting an estimated $38.6M.
- 214 institutional investors held Belden (BDC) as of Q2 2014, up from 203 in Q1 2014.
- Funds reported $3.5B of Belden stock for Q2 2014, up 13% quarter-over-quarter.
- 34 funds opened new Belden positions in Q2 2014 and 23 closed out, a net change of +11 holders.
- The largest Belden buyer in Q2 2014 was Lord, Abbett & Co, an estimated $41.5M added.
- The largest Belden seller in Q2 2014 was BlackRock Fund Advisors, an estimated $38.6M sold.
Based on aggregated 13F filings for Q2 2014.