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BRSP

BrightSpire Capital

158 hedge funds and large institutions have $209M invested in BrightSpire Capital in 2020 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 36 increasing their positions, 61 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

63% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 16

7% more funds holding

Funds holding: 148158 (+10)

0.08% less ownership

Funds ownership: 33.11%33.03% (-0.08%)

30% less capital invested

Capital invested by funds: $298M → $209M (-$88.8M)

41% less repeat investments, than reductions

Existing positions increased: 36 | Existing positions reduced: 61

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
158
Holders Change
+10
Holders Change %
+6.76%
% of All Funds
3.19%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
26
Increased
36
Reduced
61
Closed
16
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$38.6M +$1.51M +249,950 +3%
Vanguard Group
2
Vanguard Group
Pennsylvania
$36.3M -$1.88M -312,708 -4%
NTCM
3
Nut Tree Capital Management
New York
$29.8M +$12.4M +2,060,000 +52%
State Street
4
State Street
Massachusetts
$8.62M -$151K -25,084 -1%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$7.39M -$4.34M -720,078 -32%
Prudential Financial
6
Prudential Financial
New Jersey
$6.92M -$2.74M -455,071 -24%
Geode Capital Management
7
Geode Capital Management
Massachusetts
$5.87M +$13.9K +2,306 +0.2%
Norges Bank
8
Norges Bank
Norway
$5.42M
Northern Trust
9
Northern Trust
Illinois
$4.86M -$389K -64,676 -6%
Balyasny Asset Management
10
Balyasny Asset Management
Illinois
$4.38M -$293K -48,725 -5%
Hotchkis & Wiley Capital Management
11
Hotchkis & Wiley Capital Management
California
$3.15M +$679K +112,790 +21%
Osaic Holdings
12
Osaic Holdings
Arizona
$2.98M -$263K -43,623 -7%
AAM
13
Advisors Asset Management
Colorado
$2.87M -$67.6K -11,220 -2%
Charles Schwab
14
Charles Schwab
California
$2.65M -$112K -18,671 -3%
VanEck Associates
15
VanEck Associates
New York
$2.58M +$498K +82,655 +19%
PPA
16
Parametric Portfolio Associates
Washington
$2.49M +$429K +71,307 +16%
CS
17
Credit Suisse
Switzerland
$2.31M +$39.7K +6,586 +1%
Cambridge Investment Research Advisors
18
Cambridge Investment Research Advisors
Iowa
$2.1M +$63.3K +10,507 +3%
N
19
Nuveen
North Carolina
$1.96M -$8.32M -1,381,051 -78%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$1.63M -$81.4K -13,521 -4%
WP
21
WealthPLAN Partners
Nebraska
$1.63M +$55.5K +9,222 +4%
RVPG
22
Relative Value Partners Group
$1.52M +$196K +32,617 +12%
KM
23
Kalos Management
Georgia
$1.31M -$61.5K -10,206 -5%
RhumbLine Advisers
24
RhumbLine Advisers
Massachusetts
$1.11M +$216K +35,881 +19%
LPL Financial
25
LPL Financial
California
$1.04M -$200K -33,254 -14%

BRSP Hedge Fund Activity: Q3 2020 in Review

158 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in BrightSpire Capital (BRSP) for Q3 2020, worth a combined $209M — down 30% from $298M a quarter earlier.

Buyers outnumbered sellers: 26 funds opened new BRSP positions and 16 closed out — a net gain of 10 holders — while 36 added to existing stakes and 61 trimmed.

The largest buyer was Nut Tree Capital Management, adding an estimated $12.4M. The largest seller was Nuveen, cutting an estimated $8.32M.

  • 158 institutional investors held BrightSpire Capital (BRSP) as of Q3 2020, up from 148 in Q2 2020.
  • Funds reported $209M of BrightSpire Capital stock for Q3 2020, down 30% quarter-over-quarter.
  • 26 funds opened new BrightSpire Capital positions in Q3 2020 and 16 closed out, a net change of +10 holders.
  • The largest BrightSpire Capital buyer in Q3 2020 was Nut Tree Capital Management, an estimated $12.4M added.
  • The largest BrightSpire Capital seller in Q3 2020 was Nuveen, an estimated $8.32M sold.

Based on aggregated 13F filings for Q3 2020.