BrightSpire Capital
BRSP
178 hedge funds and large institutions have $530M invested in BrightSpire Capital in 2023 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 82 increasing their positions, 51 reducing their positions, and 28 closing their positions.
84% more call options, than puts
Call options by funds: $1.78M | Put options by funds: $967K
61% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 51
19% more capital invested
Capital invested by funds: $447M → $530M (+$83M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.25% less ownership
Funds ownership: 58.82% → 58.56% (-0.25%)
9% less funds holding
Funds holding: 195 → 178 (-17)
50% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$14.3M |
| 2 |
PMG
Private Management Group
Irvine,
California
|
+$7.13M |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$6.83M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$3.75M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$3.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZP
Zimmer Partners
New York
|
-$12.4M |
| 2 |
Neuberger Berman Group
New York
|
-$8.85M |
| 3 |
AC
Almitas Capital
Santa Monica,
California
|
-$6.92M |
| 4 |
CC
Conversant Capital
Summit,
New Jersey
|
-$4.9M |
| 5 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$4.58M |
BRSP Hedge Fund Activity: Q2 2023 in Review
178 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in BrightSpire Capital (BRSP) for Q2 2023, worth a combined $530M — up 19% from $447M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of BRSP and 14 opened new positions — a net loss of 14 holders — while 51 trimmed existing stakes and 82 added.
The largest buyer was BlackRock, adding an estimated $14.3M. The largest seller was Zimmer Partners, exiting entirely with an estimated $12.4M sold.
- 178 institutional investors held BrightSpire Capital (BRSP) as of Q2 2023, down from 195 in Q1 2023.
- Funds reported $530M of BrightSpire Capital stock for Q2 2023, up 19% quarter-over-quarter.
- 14 funds opened new BrightSpire Capital positions in Q2 2023 and 28 closed out, a net change of -14 holders.
- The largest BrightSpire Capital buyer in Q2 2023 was BlackRock, an estimated $14.3M added.
- The largest BrightSpire Capital seller in Q2 2023 was Zimmer Partners, an estimated $12.4M sold.
Based on aggregated 13F filings for Q2 2023.