BrightSpire Capital
BRSP
135 hedge funds and large institutions have $631M invested in BrightSpire Capital in 2018 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 50 increasing their positions, 34 reducing their positions, and 17 closing their positions.
76% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 17
47% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 34
37% more capital invested
Capital invested by funds: $462M → $631M (+$169M)
11% more funds holding
Funds holding: 122 → 135 (+13)
7.32% more ownership
Funds ownership: 26.61% → 33.92% (+7.3%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$43.9M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$25.2M |
| 3 |
BlackRock
New York
|
+$19.7M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$15.6M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$13.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CF
Centaurus Financial
Anaheim,
California
|
-$10.4M |
| 2 |
HI
HBK Investments
Dallas,
Texas
|
-$6.78M |
| 3 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$3.87M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$3M |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$2.37M |
BRSP Hedge Fund Activity: Q3 2018 in Review
135 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in BrightSpire Capital (BRSP) for Q3 2018, worth a combined $631M — up 37% from $462M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new BRSP positions and 17 closed out — a net gain of 13 holders — while 50 added to existing stakes and 34 trimmed.
The largest buyer was UBS Group, adding an estimated $43.9M. The largest seller was Centaurus Financial, cutting an estimated $10.4M.
- 135 institutional investors held BrightSpire Capital (BRSP) as of Q3 2018, up from 122 in Q2 2018.
- Funds reported $631M of BrightSpire Capital stock for Q3 2018, up 37% quarter-over-quarter.
- 30 funds opened new BrightSpire Capital positions in Q3 2018 and 17 closed out, a net change of +13 holders.
- The largest BrightSpire Capital buyer in Q3 2018 was UBS Group, an estimated $43.9M added.
- The largest BrightSpire Capital seller in Q3 2018 was Centaurus Financial, an estimated $10.4M sold.
Based on aggregated 13F filings for Q3 2018.