BRC Inc
BRCC
138 hedge funds and large institutions have $158M invested in BRC Inc in 2023 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 39 increasing their positions, 26 reducing their positions, and 18 closing their positions.
78% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 18
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
50% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 26
14% more call options, than puts
Call options by funds: $946K | Put options by funds: $828K
11% more funds holding
Funds holding: 124 → 138 (+14)
5.92% more ownership
Funds ownership: 50.38% → 56.3% (+5.9%)
6% less capital invested
Capital invested by funds: $168M → $158M (-$10M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QM
QVIDTVM Management
The Woodlands,
Texas
|
+$9.67M |
| 2 |
CAM
Cresset Asset Management
Chicago,
Illinois
|
+$6.83M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$1.29M |
| 4 |
RP
Riverwater Partners
Milwaukee,
Wisconsin
|
+$608K |
| 5 |
BPC
Banque Pictet & Cie
Geneva 73,
Switzerland
|
+$596K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KL
KIM LLC
Wichita,
Kansas
|
-$898K |
| 2 |
WCAMG
Woodard & Company Asset Management Group
Bermuda Run,
North Carolina
|
-$750K |
| 3 |
PCM
Prelude Capital Management
New York
|
-$383K |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$372K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$221K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PMFA
151
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$183 | -30 | Closed |
|
|
EWA
152
EverSource Wealth Advisors
Birmingham,
Alabama
| – | -$31 | -5 | Closed |
|
153
Nisa Investment Advisors
St. Louis,
Missouri
| – | +$151 | +24 | +126% |
|
BRCC Hedge Fund Activity: Q1 2023 in Review
138 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in BRC Inc (BRCC) for Q1 2023, worth a combined $158M — down 6% from $168M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new BRCC positions and 18 closed out — a net gain of 14 holders — while 39 added to existing stakes and 26 trimmed.
The largest buyer was QVIDTVM Management, opening a new position worth an estimated $9.67M. The largest seller was KIM LLC, cutting an estimated $898K.
- 138 institutional investors held BRC Inc (BRCC) as of Q1 2023, up from 124 in Q4 2022.
- Funds reported $158M of BRC Inc stock for Q1 2023, down 6% quarter-over-quarter.
- 32 funds opened new BRC Inc positions in Q1 2023 and 18 closed out, a net change of +14 holders.
- The largest BRC Inc buyer in Q1 2023 was QVIDTVM Management, an estimated $9.67M added.
- The largest BRC Inc seller in Q1 2023 was KIM LLC, an estimated $898K sold.
Based on aggregated 13F filings for Q1 2023.