BrightSpire Capital
BRSP
153 hedge funds and large institutions have $497M invested in BrightSpire Capital in 2019 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 49 increasing their positions, 51 reducing their positions, and 9 closing their positions.
267% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 9
15% more funds holding
Funds holding: 133 → 153 (+20)
1.48% more ownership
Funds ownership: 27.9% → 29.39% (+1.5%)
4% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 51
4% less capital invested
Capital invested by funds: $518M → $497M (-$20.6M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$10.5M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$7.72M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
+$7.18M |
| 4 |
Millennium Management
New York
|
+$5.44M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$4.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DKCM
Davidson Kempner Capital Management
New York
|
-$16.3M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$5.11M |
| 3 |
AG
Advisor Group
Phoenix,
Arizona
|
-$4.76M |
| 4 |
HI
HBK Investments
Dallas,
Texas
|
-$4M |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
-$1.51M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAP
151
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| $9K | – | – | – |
|
|
WT
152
Whittier Trust
South Pasadena,
California
| $4K | – | – | – |
|
|
AIM
153
Aigen Investment Management
New York
| $4K | +$3.87K | +285 | New |
|
|
BCA
154
Berman Capital Advisors
Atlanta,
Georgia
| $1K | +$41 | +3 | +3% |
|
|
DKCM
155
Davidson Kempner Capital Management
New York
| – | -$16.3M | -1,130,000 | Closed |
|
156
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$536K | -37,073 | Closed |
|
157
Tudor Investment Corp
Stamford,
Connecticut
| – | -$390K | -26,953 | Closed |
|
|
AC
158
Avenir Corporation
Alexandria,
Virginia
| – | -$214K | -14,800 | Closed |
|
|
BFS
159
Bradley Foster & Sargent
Hartford,
Connecticut
| – | -$159K | -10,964 | Closed |
|
|
PP
160
Paloma Partners
Greenwich,
Connecticut
| – | -$145K | -10,020 | Closed |
|
|
QT
161
Quantamental Technologies
White Plains,
New York
| – | -$70K | -4,856 | Closed |
|
162
US Bancorp
Minneapolis,
Minnesota
| – | -$56K | -3,903 | Closed |
|
|
QCIG
163
Quad-Cities Investment Group
Davenport,
Iowa
| – | -$3K | -200 | Closed |
|
BRSP Hedge Fund Activity: Q4 2019 in Review
153 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in BrightSpire Capital (BRSP) for Q4 2019, worth a combined $497M — down 4% from $518M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new BRSP positions and 9 closed out — a net gain of 24 holders — while 49 added to existing stakes and 51 trimmed.
The largest buyer was Balyasny Asset Management, opening a new position worth an estimated $10.5M. The largest seller was Davidson Kempner Capital Management, exiting entirely with an estimated $16.3M sold.
- 153 institutional investors held BrightSpire Capital (BRSP) as of Q4 2019, up from 133 in Q3 2019.
- Funds reported $497M of BrightSpire Capital stock for Q4 2019, down 4% quarter-over-quarter.
- 33 funds opened new BrightSpire Capital positions in Q4 2019 and 9 closed out, a net change of +24 holders.
- The largest BrightSpire Capital buyer in Q4 2019 was Balyasny Asset Management, an estimated $10.5M added.
- The largest BrightSpire Capital seller in Q4 2019 was Davidson Kempner Capital Management, an estimated $16.3M sold.
Based on aggregated 13F filings for Q4 2019.