BrightSpire Capital
BRSP
148 hedge funds and large institutions have $298M invested in BrightSpire Capital in 2020 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 51 increasing their positions, 43 reducing their positions, and 33 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
99% more capital invested
Capital invested by funds: $149M → $298M (+$149M)
19% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 43
3.66% more ownership
Funds ownership: 29.45% → 33.11% (+3.7%)
10% less funds holding
Funds holding: 164 → 148 (-16)
42% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 33
Top Buyers
| 1 |
NTCM
Nut Tree Capital Management
New York
|
+$20.5M |
| 2 |
BlackRock
New York
|
+$9.25M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
+$3.19M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$2.14M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.55M |
Top Sellers
| 1 |
CF
Centaurus Financial
Anaheim,
California
|
-$3.74M |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$2.63M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$2.18M |
| 4 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
-$874K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$680K |
BRSP Hedge Fund Activity: Q2 2020 in Review
148 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in BrightSpire Capital (BRSP) for Q2 2020, worth a combined $298M — up 99% from $149M a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of BRSP and 19 opened new positions — a net loss of 14 holders — while 43 trimmed existing stakes and 51 added.
The largest buyer was Nut Tree Capital Management, opening a new position worth an estimated $20.5M. The largest seller was Centaurus Financial, cutting an estimated $3.74M.
- 148 institutional investors held BrightSpire Capital (BRSP) as of Q2 2020, down from 164 in Q1 2020.
- Funds reported $298M of BrightSpire Capital stock for Q2 2020, up 99% quarter-over-quarter.
- 19 funds opened new BrightSpire Capital positions in Q2 2020 and 33 closed out, a net change of -14 holders.
- The largest BrightSpire Capital buyer in Q2 2020 was Nut Tree Capital Management, an estimated $20.5M added.
- The largest BrightSpire Capital seller in Q2 2020 was Centaurus Financial, an estimated $3.74M sold.
Based on aggregated 13F filings for Q2 2020.