BrightSpire Capital
BRSP
141 hedge funds and large institutions have $530M invested in BrightSpire Capital in 2019 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 38 increasing their positions, 59 reducing their positions, and 18 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
1.06% more ownership
Funds ownership: 25.53% → 26.59% (+1.1%)
3% more capital invested
Capital invested by funds: $515M → $530M (+$14.7M)
5% less funds holding
Funds holding: 149 → 141 (-8)
22% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 18
36% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 59
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DKCM
Davidson Kempner Capital Management
New York
|
+$14.7M |
| 2 |
CF
Centaurus Financial
Anaheim,
California
|
+$14.5M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$5.48M |
| 4 |
HI
HBK Investments
Dallas,
Texas
|
+$3.45M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$2.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$9.2M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$3.75M |
| 3 |
BlackRock
New York
|
-$2.05M |
| 4 |
AG
Advisor Group
Phoenix,
Arizona
|
-$1.6M |
| 5 |
VanEck Associates
New York
|
-$1.35M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CH
151
Canton Hathaway
Providence,
Rhode Island
| – | -$85K | -5,482 | Closed |
|
|
SWM
152
SeaCrest Wealth Management
Purchase,
New York
| – | -$57K | -3,624 | Closed |
|
|
CWM
153
Cornerstone Wealth Management
St. Peters,
Missouri
| – | -$202K | -3,607 | Closed |
|
154
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$53K | -3,378 | Closed |
|
|
TRCT
155
Tower Research Capital (TRC)
New York
| – | -$32K | -2,046 | Closed |
|
|
AA
156
Advisory Alpha
Holland,
Michigan
| – | -$27.1K | -1,755 | Closed |
|
|
MSA
157
Marino Stram & Associates
Braintree,
Massachusetts
| – | -$25K | -1,612 | Closed |
|
|
CI
158
CX Institutional
Auburn,
Indiana
| – | -$20K | -1,298 | Closed |
|
|
VCM
159
Versant Capital Management
Phoenix,
Arizona
| – | -$3K | -238 | Closed |
|
BRSP Hedge Fund Activity: Q2 2019 in Review
141 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in BrightSpire Capital (BRSP) for Q2 2019, worth a combined $530M — up 2.9% from $515M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of BRSP and 14 opened new positions — a net loss of 4 holders — while 59 trimmed existing stakes and 38 added.
The largest buyer was Davidson Kempner Capital Management, opening a new position worth an estimated $14.7M. The largest seller was UBS Group, cutting an estimated $9.2M.
- 141 institutional investors held BrightSpire Capital (BRSP) as of Q2 2019, down from 149 in Q1 2019.
- Funds reported $530M of BrightSpire Capital stock for Q2 2019, up 2.9% quarter-over-quarter.
- 14 funds opened new BrightSpire Capital positions in Q2 2019 and 18 closed out, a net change of -4 holders.
- The largest BrightSpire Capital buyer in Q2 2019 was Davidson Kempner Capital Management, an estimated $14.7M added.
- The largest BrightSpire Capital seller in Q2 2019 was UBS Group, an estimated $9.2M sold.
Based on aggregated 13F filings for Q2 2019.