Belden
208 hedge funds and large institutions have $2.66B invested in Belden in 2016 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 90 increasing their positions, 66 reducing their positions, and 17 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 2 → 6 (+4)
76% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 17
36% more repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 66
29% more capital invested
Capital invested by funds: $2.07B → $2.66B (+$596M)
6% more funds holding
Funds holding: 197 → 208 (+11)
0.51% more ownership
Funds ownership: 103.63% → 104.13% (+0.51%)
59% less call options, than puts
Call options by funds: $1.26M | Put options by funds: $3.05M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$32.9M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$13M |
| 3 |
TA
Teachers Advisors
New York
|
+$10.9M |
| 4 |
Renaissance Technologies
New York
|
+$7.72M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$7.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$33.4M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$21.7M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$11.2M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
-$8.66M |
| 5 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$6.67M |
BDC Hedge Fund Activity: Q1 2016 in Review
208 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Belden (BDC) for Q1 2016, worth a combined $2.66B — up 29% from $2.07B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new BDC positions and 17 closed out — a net gain of 13 holders — while 90 added to existing stakes and 66 trimmed.
The largest buyer was Lord, Abbett & Co, opening a new position worth an estimated $32.9M. The largest seller was Wellington Management Group, cutting an estimated $33.4M.
- 208 institutional investors held Belden (BDC) as of Q1 2016, up from 197 in Q4 2015.
- Funds reported $2.66B of Belden stock for Q1 2016, up 29% quarter-over-quarter.
- 30 funds opened new Belden positions in Q1 2016 and 17 closed out, a net change of +13 holders.
- The largest Belden buyer in Q1 2016 was Lord, Abbett & Co, an estimated $32.9M added.
- The largest Belden seller in Q1 2016 was Wellington Management Group, an estimated $33.4M sold.
Based on aggregated 13F filings for Q1 2016.