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BRSP

BrightSpire Capital

174 hedge funds and large institutions have $470M invested in BrightSpire Capital in 2023 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 62 increasing their positions, 51 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

256% more call options, than puts

Call options by funds: $1M | Put options by funds: $282K

22% more repeat investments, than reductions

Existing positions increased: 62 | Existing positions reduced: 51

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

0.84% less ownership

Funds ownership: 58.56%57.73% (-0.84%)

2% less funds holding

Funds holding: 178174 (-4)

11% less capital invested

Capital invested by funds: $530M → $470M (-$59.9M)

14% less first-time investments, than exits

New positions opened: 18 | Existing positions closed: 21

Holders
174
Holders Change
-4
Holders Change %
-2.25%
% of All Funds
2.76%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
18
Increased
62
Reduced
51
Closed
21
Calls
$1M
Puts
$282K
Net Calls
+$722K
Net Calls Change
-$90K
Name Holding Trade Value Shares
Change
Change in
Stake
MFG
51
Merit Financial Group
Georgia
$794K +$20.7K +3,026 +2%
WHCM
52
Wolf Hill Capital Management
Connecticut
$781K -$13.4M -1,952,205 -94%
I
53
INVST
Indiana
$732K -$105K -15,318 -12%
Legal & General Group
54
Legal & General Group
United Kingdom
$717K -$8.02K -1,172 -1%
P
55
&Partners
Tennessee
$679K -$27.5K -4,020 -4%
Commonwealth Equity Services
56
Commonwealth Equity Services
Massachusetts
$661K +$21.1K +3,079 +3%
Amundi
57
Amundi
France
$614K
T. Rowe Price Associates
58
T. Rowe Price Associates
Maryland
$584K +$53.8K +7,860 +9%
KAM
59
Knightsbridge Asset Management
California
$537K -$19.7K -2,881 -3%
UBS AM
60
UBS AM
Illinois
$520K -$38.9K -5,688 -6%
VOYA Investment Management
61
VOYA Investment Management
Georgia
$509K -$275K -40,174 -33%
PCM
62
Penserra Capital Management
California
$499K +$68.9K +10,070 +14%
PAIM
63
Punch & Associates Investment Management
Minnesota
$453K +$179K +26,150 +57%
Prudential Financial
64
Prudential Financial
New Jersey
$451K -$289K -42,200 -37%
CAN
65
Cetera Advisor Networks
California
$429K -$3.48K -509 -0.7%
MIM
66
MetLife Investment Management
New Jersey
$427K
RJA
67
Raymond James & Associates
Florida
$421K -$164K -23,959 -26%
RCG
68
Regatta Capital Group
California
$410K +$534 +78 +0.1%
AIG
69
American International Group
New York
$403K +$15.7K +2,287 +4%
YIH
70
Y-Intercept (HK)
Hong Kong
$393K +$429K +62,717 New
Royal Bank of Canada
71
Royal Bank of Canada
Ontario, Canada
$385K +$117K +17,151 +39%
Deutsche Bank
72
Deutsche Bank
Germany
$383K +$55.3K +8,079 +15%
Ameriprise
73
Ameriprise
Minnesota
$381K +$17.4K +2,541 +4%
New York State Common Retirement Fund
74
New York State Common Retirement Fund
New York
$330K +$2.07K +303 +0.6%
HighTower Advisors
75
HighTower Advisors
Illinois
$322K +$20.5K +3,000 +6%

BRSP Hedge Fund Activity: Q3 2023 in Review

174 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in BrightSpire Capital (BRSP) for Q3 2023, worth a combined $470M — down 11% from $530M a quarter earlier.

Sellers outnumbered buyers: 21 funds closed out of BRSP and 18 opened new positions — a net loss of 3 holders — while 51 trimmed existing stakes and 62 added.

The largest buyer was Federated Hermes, adding an estimated $7.76M. The largest seller was Infrastructure Capital Advisors, exiting entirely with an estimated $16.9M sold.

  • 174 institutional investors held BrightSpire Capital (BRSP) as of Q3 2023, down from 178 in Q2 2023.
  • Funds reported $470M of BrightSpire Capital stock for Q3 2023, down 11% quarter-over-quarter.
  • 18 funds opened new BrightSpire Capital positions in Q3 2023 and 21 closed out, a net change of -3 holders.
  • The largest BrightSpire Capital buyer in Q3 2023 was Federated Hermes, an estimated $7.76M added.
  • The largest BrightSpire Capital seller in Q3 2023 was Infrastructure Capital Advisors, an estimated $16.9M sold.

Based on aggregated 13F filings for Q3 2023.