Belden
179 hedge funds and large institutions have $1.7B invested in Belden in 2020 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 58 increasing their positions, 72 reducing their positions, and 35 closing their positions.
0.58% less ownership
Funds ownership: 104.29% → 103.7% (-0.58%)
9% less funds holding
Funds holding: 197 → 179 (-18)
19% less repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 72
35% less capital invested
Capital invested by funds: $2.61B → $1.7B (-$907M)
46% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 35
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
99% less call options, than puts
Call options by funds: $10K | Put options by funds: $1.67M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pzena Investment Management
New York
|
+$39.6M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$32.6M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$14.7M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
+$12.6M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$10M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
-$33.1M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
-$25.3M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$12.6M |
| 4 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$10.2M |
| 5 |
Renaissance Technologies
New York
|
-$10.1M |
BDC Hedge Fund Activity: Q1 2020 in Review
179 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Belden (BDC) for Q1 2020, worth a combined $1.7B — down 35% from $2.61B a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of BDC and 19 opened new positions — a net loss of 16 holders — while 72 trimmed existing stakes and 58 added.
The largest buyer was Pzena Investment Management, opening a new position worth an estimated $39.6M. The largest seller was Janus Henderson Group, cutting an estimated $33.1M.
- 179 institutional investors held Belden (BDC) as of Q1 2020, down from 197 in Q4 2019.
- Funds reported $1.7B of Belden stock for Q1 2020, down 35% quarter-over-quarter.
- 19 funds opened new Belden positions in Q1 2020 and 35 closed out, a net change of -16 holders.
- The largest Belden buyer in Q1 2020 was Pzena Investment Management, an estimated $39.6M added.
- The largest Belden seller in Q1 2020 was Janus Henderson Group, an estimated $33.1M sold.
Based on aggregated 13F filings for Q1 2020.