Belden
228 hedge funds and large institutions have $4.11B invested in Belden in 2015 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 75 increasing their positions, 86 reducing their positions, and 22 closing their positions.
68% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 22
25% more funds holding in top 10
Funds holding in top 10: 8 → 10 (+2)
19% more capital invested
Capital invested by funds: $3.47B → $4.11B (+$648M)
7% more funds holding
Funds holding: 214 → 228 (+14)
0.95% more ownership
Funds ownership: 102.52% → 103.47% (+0.95%)
13% less repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 86
42% less call options, than puts
Call options by funds: $842K | Put options by funds: $1.46M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
+$70.2M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$41M |
| 3 |
RIM
Rainier Investment Management
Seattle,
Washington
|
+$25.6M |
| 4 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$20.8M |
| 5 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$14.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$41.4M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$23.2M |
| 3 |
SC
Shellback Capital
Boston,
Massachusetts
|
-$16.2M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$12.6M |
| 5 |
Bank of New York Mellon
New York
|
-$10.3M |
BDC Hedge Fund Activity: Q1 2015 in Review
228 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Belden (BDC) for Q1 2015, worth a combined $4.11B — up 19% from $3.47B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new BDC positions and 22 closed out — a net gain of 15 holders — while 75 added to existing stakes and 86 trimmed.
The largest buyer was Cramer Rosenthal McGlynn, adding an estimated $70.2M. The largest seller was Wellington Management Group, cutting an estimated $41.4M.
- 228 institutional investors held Belden (BDC) as of Q1 2015, up from 214 in Q4 2014.
- Funds reported $4.11B of Belden stock for Q1 2015, up 19% quarter-over-quarter.
- 37 funds opened new Belden positions in Q1 2015 and 22 closed out, a net change of +15 holders.
- The largest Belden buyer in Q1 2015 was Cramer Rosenthal McGlynn, an estimated $70.2M added.
- The largest Belden seller in Q1 2015 was Wellington Management Group, an estimated $41.4M sold.
Based on aggregated 13F filings for Q1 2015.