We are live on ! Find out more
BRSP

BrightSpire Capital
BRSP

174 hedge funds and large institutions have $470M invested in BrightSpire Capital in 2023 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 62 increasing their positions, 51 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

256% more call options, than puts

Call options by funds: $1M | Put options by funds: $282K

22% more repeat investments, than reductions

Existing positions increased: 62 | Existing positions reduced: 51

0% more funds holding in top 10

Funds holding in top 10: 3 → 3 (0)

0.84% less ownership

Funds ownership: 58.56% → 57.73% (-0.84%)

2% less funds holding

Funds holding: 178 → 174 (-4)

11% less capital invested

Capital invested by funds: $530M → $470M (-$59.9M)

14% less first-time investments, than exits

New positions opened: 18 | Existing positions closed: 21

Holders
174
Holders Change
-4
Holders Change %
-2.25%
% of All Funds
2.76%
Holding in Top 10
3
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.05%
New
18
Increased
62
Reduced
51
Closed
21
Calls
$1M
Puts
$282K
Net Calls
+$722K
Net Calls Change
-$90K

Top Buyers

1
Federated Hermes
Federated Hermes
Pennsylvania
+$7.76M
2
JP Morgan Chase
JP Morgan Chase
New York
+$3.06M
3
AI
AXS Investments
New York
+$2.69M
4
BAM
Bayview Asset Management
Florida
+$1.99M
5
Balyasny Asset Management
Balyasny Asset Management
Illinois
+$1.83M

Top Sellers

1
ICA
Infrastructure Capital Advisors
New York
-$16.9M
2
WHCM
Wolf Hill Capital Management
Connecticut
-$13.4M
3
CC
Conversant Capital
New Jersey
-$9.34M
4
Goldman Sachs
Goldman Sachs
New York
-$2.28M
5
Walleye Capital
Walleye Capital
New York
-$1.37M
Name Holding Trade Value Shares
Change 		Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$78.1M +$489K +71,369 +0.6%
NTCM
2
Nut Tree Capital Management
New York
$68.8M – – –
BlackRock
3
BlackRock
New York
$66.9M +$27.9K +4,079 +0%
PMG
4
Private Management Group
California
$27.5M -$71K -10,368 -0.2%
CC
5
Conversant Capital
New Jersey
$21.6M -$9.34M -1,363,701 -28%
State Street
6
State Street
Massachusetts
$17.4M +$431K +62,962 +2%
Geode Capital Management
7
Geode Capital Management
Massachusetts
$17.2M +$754K +110,081 +4%
Balyasny Asset Management
8
Balyasny Asset Management
Illinois
$13.4M +$1.83M +266,798 +14%
Goldman Sachs
9
Goldman Sachs
New York
$10.3M -$2.28M -333,113 -17%
Morgan Stanley
10
Morgan Stanley
New York
$9.56M -$105K -15,403 -1%
Federated Hermes
11
Federated Hermes
Pennsylvania
$9.41M +$7.76M +1,133,342 +307%
Charles Schwab
12
Charles Schwab
California
$9.06M +$502K +73,396 +5%
GCM
13
Greenland Capital Management
New York
$7.7M +$548K +80,000 +7%
Northern Trust
14
Northern Trust
Illinois
$7.57M +$206K +30,147 +3%
Mirae Asset Global Investments
15
Mirae Asset Global Investments
South Korea
$7.28M -$164K -23,936 -2%
Norges Bank
16
Norges Bank
Norway
$5.15M – – –
VanEck Associates
17
VanEck Associates
New York
$5.04M +$51.2K +7,473 +0.9%
AC
18
Almitas Capital
California
$4.73M -$915K -133,687 -15%
RVPG
19
Relative Value Partners Group
$4.62M -$164K -24,029 -3%
JP Morgan Chase
20
JP Morgan Chase
New York
$3.94M +$3.06M +447,613 +246%
Two Sigma Advisers
21
Two Sigma Advisers
New York
$3.31M -$1.21M -176,300 -25%
Cambridge Investment Research Advisors
22
Cambridge Investment Research Advisors
Iowa
$3.22M -$315K -45,963 -8%
Two Sigma Investments
23
Two Sigma Investments
New York
$3.16M +$261K +38,162 +8%
Bank of New York Mellon
24
Bank of New York Mellon
New York
$2.76M +$15.7K +2,296 +0.5%
AI
25
AXS Investments
New York
$2.46M +$2.69M +392,959 New
1
2 3 4 5

BRSP Hedge Fund Activity: Q3 2023 in Review

174 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in BrightSpire Capital (BRSP) for Q3 2023, worth a combined $470M — down 11% from $530M a quarter earlier.

Sellers outnumbered buyers: 21 funds closed out of BRSP and 18 opened new positions — a net loss of 3 holders — while 51 trimmed existing stakes and 62 added.

The largest buyer was Federated Hermes, adding an estimated $7.76M. The largest seller was Infrastructure Capital Advisors, exiting entirely with an estimated $16.9M sold.

  • 174 institutional investors held BrightSpire Capital (BRSP) as of Q3 2023, down from 178 in Q2 2023.
  • Funds reported $470M of BrightSpire Capital stock for Q3 2023, down 11% quarter-over-quarter.
  • 18 funds opened new BrightSpire Capital positions in Q3 2023 and 21 closed out, a net change of -3 holders.
  • The largest BrightSpire Capital buyer in Q3 2023 was Federated Hermes, an estimated $7.76M added.
  • The largest BrightSpire Capital seller in Q3 2023 was Infrastructure Capital Advisors, an estimated $16.9M sold.

Based on aggregated 13F filings for Q3 2023.