BrightSpire Capital
BRSP
158 hedge funds and large institutions have $210M 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.
63% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 16
7% more funds holding
Funds holding: 148 → 158 (+10)
0.08% less ownership
Funds ownership: 33.11% → 33.03% (-0.08%)
30% less capital invested
Capital invested by funds: $298M → $210M (-$88.6M)
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: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NTCM
Nut Tree Capital Management
New York
|
+$12.4M |
| 2 |
BlackRock
New York
|
+$1.51M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.09M |
| 4 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$679K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$585K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nuveen
Charlotte,
North Carolina
|
-$8.32M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$4.34M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
-$2.74M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.88M |
| 5 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
-$766K |
BRSP Hedge Fund Activity: Q3 2020 in Review
158 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in BrightSpire Capital (BRSP) for Q3 2020, worth a combined $210M — 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 $210M 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.