BrightSpire Capital
BRSP
122 hedge funds and large institutions have $462M invested in BrightSpire Capital in 2018 Q2 according to their latest regulatory filings, with 65 funds opening new positions, 31 increasing their positions, 21 reducing their positions, and 22 closing their positions.
300% more funds holding in top 10
Funds holding in top 10: 1 → 4 (+3)
195% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 22
96% more capital invested
Capital invested by funds: $236M → $462M (+$226M)
53% more funds holding
Funds holding: 80 → 122 (+42)
48% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 21
11.72% more ownership
Funds ownership: 14.89% → 26.61% (+12%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$78.8M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$48.5M |
| 3 |
State Street
Boston,
Massachusetts
|
+$25.5M |
| 4 |
CF
Centaurus Financial
Anaheim,
California
|
+$7.11M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$6.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NM
Newtyn Management
New York
|
-$22.9M |
| 2 |
Millennium Management
New York
|
-$6.83M |
| 3 |
AC
Athanor Capital
New York
|
-$6.02M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.88M |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$1.9M |
BRSP Hedge Fund Activity: Q2 2018 in Review
122 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in BrightSpire Capital (BRSP) for Q2 2018, worth a combined $462M — up 96% from $236M a quarter earlier.
Buyers outnumbered sellers: 65 funds opened new BRSP positions and 22 closed out — a net gain of 43 holders — while 31 added to existing stakes and 21 trimmed.
The largest buyer was BlackRock, opening a new position worth an estimated $78.8M. The largest seller was Newtyn Management, exiting entirely with an estimated $22.9M sold.
- 122 institutional investors held BrightSpire Capital (BRSP) as of Q2 2018, up from 80 in Q1 2018.
- Funds reported $462M of BrightSpire Capital stock for Q2 2018, up 96% quarter-over-quarter.
- 65 funds opened new BrightSpire Capital positions in Q2 2018 and 22 closed out, a net change of +43 holders.
- The largest BrightSpire Capital buyer in Q2 2018 was BlackRock, an estimated $78.8M added.
- The largest BrightSpire Capital seller in Q2 2018 was Newtyn Management, an estimated $22.9M sold.
Based on aggregated 13F filings for Q2 2018.