BrightSpire Capital
BRSP
133 hedge funds and large institutions have $518M invested in BrightSpire Capital in 2019 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 44 increasing their positions, 47 reducing their positions, and 23 closing their positions.
1.31% more ownership
Funds ownership: 26.59% → 27.9% (+1.3%)
2% less capital invested
Capital invested by funds: $530M → $518M (-$11.6M)
6% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 47
6% less funds holding
Funds holding: 141 → 133 (-8)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
30% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
+$8.19M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$5.52M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$4.33M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$4.31M |
| 5 |
DKCM
Davidson Kempner Capital Management
New York
|
+$2.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$4.84M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$2.79M |
| 3 |
Renaissance Technologies
New York
|
-$1.99M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$1.95M |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
-$1.7M |
BRSP Hedge Fund Activity: Q3 2019 in Review
133 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in BrightSpire Capital (BRSP) for Q3 2019, worth a combined $518M — down 2.2% from $530M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of BRSP and 16 opened new positions — a net loss of 7 holders — while 47 trimmed existing stakes and 44 added.
The largest buyer was Prudential Financial, opening a new position worth an estimated $8.19M. The largest seller was Wolverine Asset Management, cutting an estimated $4.84M.
- 133 institutional investors held BrightSpire Capital (BRSP) as of Q3 2019, down from 141 in Q2 2019.
- Funds reported $518M of BrightSpire Capital stock for Q3 2019, down 2.2% quarter-over-quarter.
- 16 funds opened new BrightSpire Capital positions in Q3 2019 and 23 closed out, a net change of -7 holders.
- The largest BrightSpire Capital buyer in Q3 2019 was Prudential Financial, an estimated $8.19M added.
- The largest BrightSpire Capital seller in Q3 2019 was Wolverine Asset Management, an estimated $4.84M sold.
Based on aggregated 13F filings for Q3 2019.