Beneficient
BENF
11 hedge funds and large institutions have $2.83M invested in Beneficient in 2024 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 9 increasing their positions, 1 reducing their positions, and 10 closing their positions.
800% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 1
12.8% more ownership
Funds ownership: 19.84% → 32.64% (+13%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
18% less capital invested
Capital invested by funds: $3.44M → $2.83M (-$610K)
45% less funds holding
Funds holding: 20 → 11 (-9)
90% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.38M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$88K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$53.6K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$46.9K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$34K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$17.6K |
| 2 |
Northern Trust
Chicago,
Illinois
|
-$10.9K |
| 3 |
AFP
Ausdal Financial Partners
Davenport,
Iowa
|
-$6.55K |
| 4 |
HWM
HFG Wealth Management
The Woodlands,
Texas
|
-$5.32K |
| 5 |
Jane Street
New York
|
-$4.64K |
BENF Hedge Fund Activity: Q2 2024 in Review
11 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Beneficient (BENF) for Q2 2024, worth a combined $2.83M — down 18% from $3.44M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of BENF and 1 opened new positions — a net loss of 9 holders — while 1 trimmed existing stakes and 9 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $2.38M. The largest seller was Millennium Management, exiting entirely with an estimated $17.6K sold.
- 11 institutional investors held Beneficient (BENF) as of Q2 2024, down from 20 in Q1 2024.
- Funds reported $2.83M of Beneficient stock for Q2 2024, down 18% quarter-over-quarter.
- 1 fund opened new Beneficient positions in Q2 2024 and 10 closed out, a net change of -9 holders.
- The largest Beneficient buyer in Q2 2024 was Rivernorth Capital Management, an estimated $2.38M added.
- The largest Beneficient seller in Q2 2024 was Millennium Management, an estimated $17.6K sold.
Based on aggregated 13F filings for Q2 2024.