Belden
BDC
237 hedge funds and large institutions have $3.21B invested in Belden in 2018 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 96 increasing their positions, 78 reducing their positions, and 38 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 78
4.4% more ownership
Funds ownership: 106.51% → 110.91% (+4.4%)
6% less funds holding
Funds holding: 251 → 237 (-14)
8% less capital invested
Capital invested by funds: $3.47B → $3.21B (-$261M)
29% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 38
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
85% less call options, than puts
Call options by funds: $531K | Put options by funds: $3.46M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$59.4M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$27.9M |
| 3 |
Bank of New York Mellon
New York
|
+$24M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$21.9M |
| 5 |
CCM
Channing Capital Management
Chicago,
Illinois
|
+$17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$49M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$24.9M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$22.3M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$16.4M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$7.27M |
BDC Hedge Fund Activity: Q1 2018 in Review
237 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Belden (BDC) for Q1 2018, worth a combined $3.21B — down 7.5% from $3.47B a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of BDC and 27 opened new positions — a net loss of 11 holders — while 78 trimmed existing stakes and 96 added.
The largest buyer was Wells Fargo, adding an estimated $59.4M. The largest seller was Systematic Financial Management, cutting an estimated $49M.
- 237 institutional investors held Belden (BDC) as of Q1 2018, down from 251 in Q4 2017.
- Funds reported $3.21B of Belden stock for Q1 2018, down 7.5% quarter-over-quarter.
- 27 funds opened new Belden positions in Q1 2018 and 38 closed out, a net change of -11 holders.
- The largest Belden buyer in Q1 2018 was Wells Fargo, an estimated $59.4M added.
- The largest Belden seller in Q1 2018 was Systematic Financial Management, an estimated $49M sold.
Based on aggregated 13F filings for Q1 2018.