Belden
233 hedge funds and large institutions have $3.34B invested in Belden in 2017 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 90 increasing their positions, 84 reducing their positions, and 41 closing their positions.
10% more capital invested
Capital invested by funds: $3.04B → $3.34B (+$304M)
8% more call options, than puts
Call options by funds: $4.11M | Put options by funds: $3.82M
7% more repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 84
0.88% more ownership
Funds ownership: 104.04% → 104.93% (+0.88%)
5% less funds holding
Funds holding: 244 → 233 (-11)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
22% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 41
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
+$350M |
| 2 |
Lazard Asset Management
New York
|
+$23.4M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$21.9M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$16.4M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$16.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$22.8M |
| 2 |
Millennium Management
New York
|
-$13.4M |
| 3 |
Morgan Stanley
New York
|
-$11M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$10.9M |
| 5 |
GAM
Gotham Asset Management
New York
|
-$9.28M |
BDC Hedge Fund Activity: Q2 2017 in Review
233 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Belden (BDC) for Q2 2017, worth a combined $3.34B — up 10% from $3.04B a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of BDC and 32 opened new positions — a net loss of 9 holders — while 84 trimmed existing stakes and 90 added.
The largest buyer was Janus Henderson Group, opening a new position worth an estimated $350M. The largest seller was AQR Capital Management, cutting an estimated $22.8M.
- 233 institutional investors held Belden (BDC) as of Q2 2017, down from 244 in Q1 2017.
- Funds reported $3.34B of Belden stock for Q2 2017, up 10% quarter-over-quarter.
- 32 funds opened new Belden positions in Q2 2017 and 41 closed out, a net change of -9 holders.
- The largest Belden buyer in Q2 2017 was Janus Henderson Group, an estimated $350M added.
- The largest Belden seller in Q2 2017 was AQR Capital Management, an estimated $22.8M sold.
Based on aggregated 13F filings for Q2 2017.