Belden
250 hedge funds and large institutions have $3.25B invested in Belden in 2016 Q4 according to their latest regulatory filings, with 43 funds opening new positions, 78 increasing their positions, 97 reducing their positions, and 26 closing their positions.
65% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 26
6% more capital invested
Capital invested by funds: $3.08B → $3.25B (+$177M)
5% more funds holding
Funds holding: 237 → 250 (+13)
3.21% less ownership
Funds ownership: 106.46% → 103.25% (-3.2%)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
20% less repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 97
48% less call options, than puts
Call options by funds: $7.88M | Put options by funds: $15.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$21.6M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$18M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$8.11M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$7.36M |
| 5 |
FHAM
Folger Hill Asset Management
New York
|
+$6.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$31.7M |
| 2 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
-$21.8M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$20.7M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$20.5M |
| 5 |
KI
Kalmar Investments
Greenville,
Delaware
|
-$16.3M |
BDC Hedge Fund Activity: Q4 2016 in Review
250 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Belden (BDC) for Q4 2016, worth a combined $3.25B — up 5.8% from $3.08B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new BDC positions and 26 closed out — a net gain of 17 holders — while 78 added to existing stakes and 97 trimmed.
The largest buyer was Thrivent Financial for Lutherans, adding an estimated $21.6M. The largest seller was Invesco, cutting an estimated $31.7M.
- 250 institutional investors held Belden (BDC) as of Q4 2016, up from 237 in Q3 2016.
- Funds reported $3.25B of Belden stock for Q4 2016, up 5.8% quarter-over-quarter.
- 43 funds opened new Belden positions in Q4 2016 and 26 closed out, a net change of +17 holders.
- The largest Belden buyer in Q4 2016 was Thrivent Financial for Lutherans, an estimated $21.6M added.
- The largest Belden seller in Q4 2016 was Invesco, an estimated $31.7M sold.
Based on aggregated 13F filings for Q4 2016.