BrightSpire Capital
BRSP
195 hedge funds and large institutions have $501M invested in BrightSpire Capital in 2025 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 57 increasing their positions, 75 reducing their positions, and 29 closing their positions.
5% more capital invested
Capital invested by funds: $475M → $501M (+$26M)
1.66% more ownership
Funds ownership: 67.2% → 68.87% (+1.7%)
4% less funds holding
Funds holding: 204 → 195 (-9)
24% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 75
24% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 29
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
100% less call options, than puts
Call options by funds: $5K | Put options by funds: $4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nomura Holdings
Tokyo,
Japan
|
+$3.05M |
| 2 |
CC
CF Capital
Cohasset,
Massachusetts
|
+$2.94M |
| 3 |
Morgan Stanley
New York
|
+$2.52M |
| 4 |
William Blair & Company
Chicago,
Illinois
|
+$2.04M |
| 5 |
Goldman Sachs
New York
|
+$1.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$2.57M |
| 2 |
IFG
Independent Financial Group
San Diego,
California
|
-$1.76M |
| 3 |
JP Morgan Chase
New York
|
-$1.51M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$1.37M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.29M |
BRSP Hedge Fund Activity: Q4 2025 in Review
195 institutional investors reported a position in BrightSpire Capital (BRSP) for Q4 2025, worth a combined $501M — up 5.5% from $475M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of BRSP and 22 opened new positions — a net loss of 7 holders — while 75 trimmed existing stakes and 57 added.
The largest buyer was Nomura Holdings, adding an estimated $3.05M. The largest seller was Citigroup, cutting an estimated $2.57M.
- 195 institutional investors held BrightSpire Capital (BRSP) as of Q4 2025, down from 204 in Q3 2025.
- Funds reported $501M of BrightSpire Capital stock for Q4 2025, up 5.5% quarter-over-quarter.
- 22 funds opened new BrightSpire Capital positions in Q4 2025 and 29 closed out, a net change of -7 holders.
- The largest BrightSpire Capital buyer in Q4 2025 was Nomura Holdings, an estimated $3.05M added.
- The largest BrightSpire Capital seller in Q4 2025 was Citigroup, an estimated $2.57M sold.
Based on aggregated 13F filings for Q4 2025.