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BRSP

BrightSpire Capital

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.

New
Increased
Maintained
Reduced
Closed

33% more funds holding in top 10

Funds holding in top 10: 34 (+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: 149141 (-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

Holders
141
Holders Change
-8
Holders Change %
-5.37%
% of All Funds
3.06%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.09%
New
14
Increased
38
Reduced
59
Closed
18
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$117M +$1.42M +90,736 +1%
BlackRock
2
BlackRock
New York
$86.9M -$2.05M -131,333 -2%
UBS Group
3
UBS Group
Switzerland
$32.2M -$9.2M -588,338 -22%
State Street
4
State Street
Massachusetts
$26.6M +$903K +57,770 +4%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$23.8M +$2.86M +183,257 +14%
Geode Capital Management
6
Geode Capital Management
Massachusetts
$16.2M +$700K +44,746 +4%
Northern Trust
7
Northern Trust
Illinois
$16.1M +$376K +24,072 +2%
DKCM
8
Davidson Kempner Capital Management
New York
$14.6M +$14.7M +940,000 New
CF
9
Centaurus Financial
California
$14.5M +$14.5M +925,505 +7,416%
AG
10
Advisor Group
Arizona
$14.2M -$1.6M -102,372 -10%
WAM
11
Wolverine Asset Management
Illinois
$13M -$102K -6,508 -0.8%
HI
12
HBK Investments
Texas
$12.8M +$3.45M +220,754 +37%
Cambridge Investment Research Advisors
13
Cambridge Investment Research Advisors
Iowa
$8.59M -$49.3K -3,156 -0.6%
Mirae Asset Global Investments
14
Mirae Asset Global Investments
South Korea
$7.91M +$2.14M +136,978 +37%
Charles Schwab
15
Charles Schwab
California
$7.57M +$132K +8,414 +2%
LTFS
16
Ladenburg Thalmann Financial Services
Florida
$6.21M -$459K -29,356 -7%
VanEck Associates
17
VanEck Associates
New York
$6M -$1.35M -86,516 -18%
Hotchkis & Wiley Capital Management
18
Hotchkis & Wiley Capital Management
California
$5.49M +$480K +30,710 +9%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$5.44M -$62K -3,965 -1%
N
20
Nuveen
North Carolina
$5.43M +$5.48M +350,638 New
LPL Financial
21
LPL Financial
California
$4.13M -$459K -29,346 -10%
PFGIA
22
Patriot Financial Group Insurance Agency
Massachusetts
$3.67M -$447K -28,615 -11%
SWM
23
Sanctuary Wealth Management
Idaho
$3.61M -$121K -7,734 -3%
CAN
24
Cetera Advisor Networks
California
$3.2M -$82.9K -5,300 -3%
Commonwealth Equity Services
25
Commonwealth Equity Services
Massachusetts
$2.85M -$692K -44,267 -19%

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.