Belden
196 hedge funds and large institutions have $3.14B invested in Belden in 2013 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 52 increasing their positions, 93 reducing their positions, and 7 closing their positions.
243% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 7
9% more capital invested
Capital invested by funds: $2.88B → $3.14B (+$261M)
9% more funds holding
Funds holding: 180 → 196 (+16)
0.53% less ownership
Funds ownership: 103.17% → 102.64% (-0.53%)
36% less funds holding in top 10
Funds holding in top 10: 11 → 7 (-4)
44% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 93
54% less call options, than puts
Call options by funds: $2.91M | Put options by funds: $6.28M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$56.8M |
| 2 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
+$28.8M |
| 3 |
Morgan Stanley
New York
|
+$7.23M |
| 4 |
MSA
Mason Street Advisors
Milwaukee,
Wisconsin
|
+$6.79M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$5.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$19.6M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$16.4M |
| 3 |
CCI
Columbus Circle Investors
|
-$12M |
| 4 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$9.23M |
| 5 |
LI
LMCG Investments
Boston,
Massachusetts
|
-$8.82M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
Citadel Advisors
Miami,
Florida
| – | -$1.01M | -14,930 | Closed |
|
|
BIM
202
BRC Investment Management
Greenwood Village,
Colorado
| – | -$496K | -7,744 | Closed |
|
|
CONA
203
Capital One National Association
New York
| – | -$308K | -4,810 | Closed |
|
|
CFA
204
Carroll Financial Associates
Charlotte,
North Carolina
| – | -$1K | -28 | Closed |
|
BDC Hedge Fund Activity: Q4 2013 in Review
196 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Belden (BDC) for Q4 2013, worth a combined $3.14B — up 9% from $2.88B a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new BDC positions and 7 closed out — a net gain of 17 holders — while 52 added to existing stakes and 93 trimmed.
The largest buyer was Janus Henderson Investors US, opening a new position worth an estimated $56.8M. The largest seller was Invesco, cutting an estimated $19.6M.
- 196 institutional investors held Belden (BDC) as of Q4 2013, up from 180 in Q3 2013.
- Funds reported $3.14B of Belden stock for Q4 2013, up 9% quarter-over-quarter.
- 24 funds opened new Belden positions in Q4 2013 and 7 closed out, a net change of +17 holders.
- The largest Belden buyer in Q4 2013 was Janus Henderson Investors US, an estimated $56.8M added.
- The largest Belden seller in Q4 2013 was Invesco, an estimated $19.6M sold.
Based on aggregated 13F filings for Q4 2013.