Belden
244 hedge funds and large institutions have $3.04B invested in Belden in 2017 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 92 increasing their positions, 85 reducing their positions, and 34 closing their positions.
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
8% more repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 85
3% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 34
0.79% more ownership
Funds ownership: 103.25% → 104.04% (+0.79%)
10% less call options, than puts
Call options by funds: $4.22M | Put options by funds: $4.68M
2% less funds holding
Funds holding: 250 → 244 (-6)
7% less capital invested
Capital invested by funds: $3.25B → $3.04B (-$217M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$312M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
+$35.9M |
| 3 |
Bank of New York Mellon
New York
|
+$15M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$13.9M |
| 5 |
Renaissance Technologies
New York
|
+$13.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$38.3M |
| 2 |
KI
Kalmar Investments
Greenville,
Delaware
|
-$28.1M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$16.1M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$15.6M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$14.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
276
Nomura Asset Management
Tokyo,
Japan
| – | -$19K | -260 | Closed |
|
|
HDIM
277
Hanson & Doremus Investment Management
Burlington,
Vermont
| – | -$7.48K | -100 | Closed |
|
|
CHP
278
Cable Hill Partners
Portland,
Oregon
| – | -$3K | -38 | Closed |
|
279
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$2K | -25 | Closed |
|
BDC Hedge Fund Activity: Q1 2017 in Review
244 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Belden (BDC) for Q1 2017, worth a combined $3.04B — down 6.7% from $3.25B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new BDC positions and 34 closed out — a net gain of 1 holder — while 92 added to existing stakes and 85 trimmed.
The largest buyer was BlackRock, adding an estimated $312M. The largest seller was Invesco, cutting an estimated $38.3M.
- 244 institutional investors held Belden (BDC) as of Q1 2017, down from 250 in Q4 2016.
- Funds reported $3.04B of Belden stock for Q1 2017, down 6.7% quarter-over-quarter.
- 35 funds opened new Belden positions in Q1 2017 and 34 closed out, a net change of +1 holder.
- The largest Belden buyer in Q1 2017 was BlackRock, an estimated $312M added.
- The largest Belden seller in Q1 2017 was Invesco, an estimated $38.3M sold.
Based on aggregated 13F filings for Q1 2017.