BRC Inc
BRCC
119 hedge funds and large institutions have $120M invested in BRC Inc in 2023 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 34 increasing their positions, 22 reducing their positions, and 17 closing their positions.
55% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 22
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.97% less ownership
Funds ownership: 55.52% → 54.55% (-0.97%)
2% less funds holding
Funds holding: 122 → 119 (-3)
12% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 17
27% less call options, than puts
Call options by funds: $276K | Put options by funds: $379K
29% less capital invested
Capital invested by funds: $168M → $120M (-$47.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Cresset Asset Management
Chicago,
Illinois
|
+$4.41M |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$2.11M |
| 3 |
QM
QVIDTVM Management
The Woodlands,
Texas
|
+$1.81M |
| 4 |
ACA
Anchor Capital Advisors
Boston,
Massachusetts
|
+$674K |
| 5 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
+$608K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Engaged Capital
Newport Beach,
California
|
-$3.97M |
| 2 |
SRF
Silver Rock Financial
Los Angeles,
California
|
-$1.1M |
| 3 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$766K |
| 4 |
LPL Financial
San Diego,
California
|
-$374K |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$368K |
BRCC Hedge Fund Activity: Q3 2023 in Review
119 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in BRC Inc (BRCC) for Q3 2023, worth a combined $120M — down 29% from $168M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of BRCC and 15 opened new positions — a net loss of 2 holders — while 22 trimmed existing stakes and 34 added.
The largest buyer was Cresset Asset Management, adding an estimated $4.41M. The largest seller was Engaged Capital, cutting an estimated $3.97M.
- 119 institutional investors held BRC Inc (BRCC) as of Q3 2023, down from 122 in Q2 2023.
- Funds reported $120M of BRC Inc stock for Q3 2023, down 29% quarter-over-quarter.
- 15 funds opened new BRC Inc positions in Q3 2023 and 17 closed out, a net change of -2 holders.
- The largest BRC Inc buyer in Q3 2023 was Cresset Asset Management, an estimated $4.41M added.
- The largest BRC Inc seller in Q3 2023 was Engaged Capital, an estimated $3.97M sold.
Based on aggregated 13F filings for Q3 2023.