Belden
238 hedge funds and large institutions have $3.09B invested in Belden in 2016 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 93 increasing their positions, 75 reducing their positions, and 15 closing their positions.
160% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 15
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
24% more repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 75
18% more capital invested
Capital invested by funds: $2.63B → $3.09B (+$466M)
10% more funds holding
Funds holding: 216 → 238 (+22)
3.07% more ownership
Funds ownership: 103.38% → 106.46% (+3.1%)
61% less call options, than puts
Call options by funds: $6.57M | Put options by funds: $16.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$46.5M |
| 2 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$35.3M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$19.6M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$16.7M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
+$13.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$35.8M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$22.7M |
| 3 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$21.7M |
| 4 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$14.1M |
| 5 |
SC
Shellback Capital
Boston,
Massachusetts
|
-$13.7M |
BDC Hedge Fund Activity: Q3 2016 in Review
238 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Belden (BDC) for Q3 2016, worth a combined $3.09B — up 18% from $2.63B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new BDC positions and 15 closed out — a net gain of 24 holders — while 93 added to existing stakes and 75 trimmed.
The largest buyer was Lord, Abbett & Co, adding an estimated $46.5M. The largest seller was Invesco, cutting an estimated $35.8M.
- 238 institutional investors held Belden (BDC) as of Q3 2016, up from 216 in Q2 2016.
- Funds reported $3.09B of Belden stock for Q3 2016, up 18% quarter-over-quarter.
- 39 funds opened new Belden positions in Q3 2016 and 15 closed out, a net change of +24 holders.
- The largest Belden buyer in Q3 2016 was Lord, Abbett & Co, an estimated $46.5M added.
- The largest Belden seller in Q3 2016 was Invesco, an estimated $35.8M sold.
Based on aggregated 13F filings for Q3 2016.