Belden
319 hedge funds and large institutions have $3.71B invested in Belden in 2023 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 109 increasing their positions, 116 reducing their positions, and 32 closing their positions.
31% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 32
25% more capital invested
Capital invested by funds: $2.97B → $3.71B (+$741M)
4.19% more ownership
Funds ownership: 96.68% → 100.86% (+4.2%)
3% more funds holding
Funds holding: 311 → 319 (+8)
6% less repeat investments, than reductions
Existing positions increased: 109 | Existing positions reduced: 116
56% less call options, than puts
Call options by funds: $997K | Put options by funds: $2.28M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$37.6M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$36.2M |
| 3 |
BlackRock
New York
|
+$32.6M |
| 4 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
+$15.4M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$15.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$28.4M |
| 2 |
William Blair Investment Management
Chicago,
Illinois
|
-$27.6M |
| 3 |
Pzena Investment Management
New York
|
-$22.6M |
| 4 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$21.6M |
| 5 |
Millennium Management
New York
|
-$14.7M |
BDC Hedge Fund Activity: Q1 2023 in Review
319 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Belden (BDC) for Q1 2023, worth a combined $3.71B — up 25% from $2.97B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new BDC positions and 32 closed out — a net gain of 10 holders — while 109 added to existing stakes and 116 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $37.6M. The largest seller was Victory Capital Management, cutting an estimated $28.4M.
- 319 institutional investors held Belden (BDC) as of Q1 2023, up from 311 in Q4 2022.
- Funds reported $3.71B of Belden stock for Q1 2023, up 25% quarter-over-quarter.
- 42 funds opened new Belden positions in Q1 2023 and 32 closed out, a net change of +10 holders.
- The largest Belden buyer in Q1 2023 was Envestnet Asset Management, an estimated $37.6M added.
- The largest Belden seller in Q1 2023 was Victory Capital Management, an estimated $28.4M sold.
Based on aggregated 13F filings for Q1 2023.