Belden
BDC
220 hedge funds and large institutions have $2B invested in Belden in 2018 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 78 increasing their positions, 77 reducing their positions, and 48 closing their positions.
7% more call options, than puts
Call options by funds: $2.1M | Put options by funds: $1.97M
1% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 77
2.81% less ownership
Funds ownership: 121.06% → 118.25% (-2.8%)
4% less funds holding
Funds holding: 230 → 220 (-10)
19% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 48
43% less capital invested
Capital invested by funds: $3.5B → $2B (-$1.51B)
57% less funds holding in top 10
Funds holding in top 10: 7 → 3 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$65.9M |
| 2 |
Millennium Management
New York
|
+$20.8M |
| 3 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$16.1M |
| 4 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$11.3M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$9.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
-$98.2M |
| 2 |
CCM
Channing Capital Management
Chicago,
Illinois
|
-$56.1M |
| 3 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$18.4M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
-$17.5M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$15M |
BDC Hedge Fund Activity: Q4 2018 in Review
220 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Belden (BDC) for Q4 2018, worth a combined $2B — down 43% from $3.5B a quarter earlier.
Sellers outnumbered buyers: 48 funds closed out of BDC and 39 opened new positions — a net loss of 9 holders — while 77 trimmed existing stakes and 78 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $65.9M. The largest seller was Boston Partners, cutting an estimated $98.2M.
- 220 institutional investors held Belden (BDC) as of Q4 2018, down from 230 in Q3 2018.
- Funds reported $2B of Belden stock for Q4 2018, down 43% quarter-over-quarter.
- 39 funds opened new Belden positions in Q4 2018 and 48 closed out, a net change of -9 holders.
- The largest Belden buyer in Q4 2018 was T. Rowe Price Associates, an estimated $65.9M added.
- The largest Belden seller in Q4 2018 was Boston Partners, an estimated $98.2M sold.
Based on aggregated 13F filings for Q4 2018.