Belden
221 hedge funds and large institutions have $3.65B invested in Belden in 2015 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 85 increasing their positions, 87 reducing their positions, and 25 closing their positions.
1.75% more ownership
Funds ownership: 103.47% → 105.22% (+1.8%)
2% less repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 87
3% less funds holding
Funds holding: 228 → 221 (-7)
11% less capital invested
Capital invested by funds: $4.11B → $3.65B (-$469M)
28% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 25
60% less funds holding in top 10
Funds holding in top 10: 10 → 4 (-6)
90% less call options, than puts
Call options by funds: $650K | Put options by funds: $6.69M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TimesSquare Capital Management
New York
|
+$64.4M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$56.5M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$43.2M |
| 4 |
Millennium Management
New York
|
+$15.8M |
| 5 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
+$9.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$53.7M |
| 2 |
HHC
Hutchin Hill Capital
New York
|
-$14.4M |
| 3 |
LI
LMCG Investments
Boston,
Massachusetts
|
-$13.5M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$12M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$9.88M |
BDC Hedge Fund Activity: Q2 2015 in Review
221 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Belden (BDC) for Q2 2015, worth a combined $3.65B — down 11% from $4.11B a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of BDC and 18 opened new positions — a net loss of 7 holders — while 87 trimmed existing stakes and 85 added.
The largest buyer was TimesSquare Capital Management, opening a new position worth an estimated $64.4M. The largest seller was Wellington Management Group, cutting an estimated $53.7M.
- 221 institutional investors held Belden (BDC) as of Q2 2015, down from 228 in Q1 2015.
- Funds reported $3.65B of Belden stock for Q2 2015, down 11% quarter-over-quarter.
- 18 funds opened new Belden positions in Q2 2015 and 25 closed out, a net change of -7 holders.
- The largest Belden buyer in Q2 2015 was TimesSquare Capital Management, an estimated $64.4M added.
- The largest Belden seller in Q2 2015 was Wellington Management Group, an estimated $53.7M sold.
Based on aggregated 13F filings for Q2 2015.