BrightSpire Capital
BRSP
194 hedge funds and large institutions have $496M invested in BrightSpire Capital in 2024 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 80 increasing their positions, 49 reducing their positions, and 26 closing their positions.
709% more call options, than puts
Call options by funds: $1M | Put options by funds: $124K
63% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 49
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 26
2.58% less ownership
Funds ownership: 57.88% → 55.3% (-2.6%)
3% less funds holding
Funds holding: 200 → 194 (-6)
13% less capital invested
Capital invested by funds: $572M → $496M (-$76.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$2.6M |
| 2 |
JP Morgan Chase
New York
|
+$2.2M |
| 3 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$1.96M |
| 4 |
Goldman Sachs
New York
|
+$1.25M |
| 5 |
Renaissance Technologies
New York
|
+$1.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$9.97M |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$7.03M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$4.87M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$4.56M |
| 5 |
AC
Almitas Capital
Santa Monica,
California
|
-$2.47M |
BRSP Hedge Fund Activity: Q1 2024 in Review
194 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in BrightSpire Capital (BRSP) for Q1 2024, worth a combined $496M — down 13% from $572M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of BRSP and 24 opened new positions — a net loss of 2 holders — while 49 trimmed existing stakes and 80 added.
The largest buyer was Hotchkis & Wiley Capital Management, adding an estimated $2.6M. The largest seller was Morgan Stanley, cutting an estimated $9.97M.
- 194 institutional investors held BrightSpire Capital (BRSP) as of Q1 2024, down from 200 in Q4 2023.
- Funds reported $496M of BrightSpire Capital stock for Q1 2024, down 13% quarter-over-quarter.
- 24 funds opened new BrightSpire Capital positions in Q1 2024 and 26 closed out, a net change of -2 holders.
- The largest BrightSpire Capital buyer in Q1 2024 was Hotchkis & Wiley Capital Management, an estimated $2.6M added.
- The largest BrightSpire Capital seller in Q1 2024 was Morgan Stanley, an estimated $9.97M sold.
Based on aggregated 13F filings for Q1 2024.