BRC Group Holdings
RILY
145 hedge funds and large institutions have $372M invested in BRC Group Holdings in 2023 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 52 increasing their positions, 57 reducing their positions, and 41 closing their positions.
9% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 57
1.71% less ownership
Funds ownership: 47.11% → 45.4% (-1.7%)
15% less funds holding
Funds holding: 170 → 145 (-25)
18% less capital invested
Capital invested by funds: $453M → $372M (-$81M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
56% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 41
82% less call options, than puts
Call options by funds: $15.1M | Put options by funds: $81.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RGC
Redwood Grove Capital
Palo Alto,
California
|
+$6.62M |
| 2 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
+$6.01M |
| 3 |
Morgan Stanley
New York
|
+$4.56M |
| 4 |
Parallax Volatility Advisers
San Francisco,
California
|
+$3.52M |
| 5 |
Voloridge Investment Management
Jupiter,
Florida
|
+$3.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
-$13.3M |
| 2 |
2C
272 Capital
Dallas,
Texas
|
-$5.57M |
| 3 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$4.72M |
| 4 |
Renaissance Technologies
New York
|
-$4.08M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$2.38M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PI
176
PEAK6 Investments
Chicago,
Illinois
| – | -$177K | -4,662 | Closed |
|
|
ACM
177
Aquatic Capital Management
Chicago,
Illinois
| – | -$116K | -3,400 | Closed |
|
|
WAM
178
Worth Asset Management
Dallas,
Texas
| – | -$35.1K | -1,027 | Closed |
|
|
RBC
179
Romano Brothers & Co
Evanston,
Illinois
| – | -$20.5K | -600 | Closed |
|
|
BTI
180
Blue Trust Inc
Alpharetta,
Georgia
| – | -$12.1K | -320 | -98% |
|
|
AWM
181
Accurate Wealth Management
Wesley Chapel,
Florida
| – | -$7.57K | -200 | Closed |
|
|
SWA
182
Sutton Wealth Advisors
Tampa,
Florida
| – | -$5.85K | -171 | Closed |
|
183
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$492 | -13 | -57% |
|
|
JWA
184
JFS Wealth Advisors
Hermitage,
Pennsylvania
| – | -$68 | -2 | Closed |
|
|
C
185
Covestor
London,
United Kingdom
| – | -$38 | -1 | -20% |
|
|
DI
186
Disciplined Investments
Tulsa,
Oklahoma
| – | -$34 | -1 | Closed |
|
RILY Hedge Fund Activity: Q1 2023 in Review
145 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in BRC Group Holdings (RILY) for Q1 2023, worth a combined $372M — down 18% from $453M a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of RILY and 18 opened new positions — a net loss of 23 holders — while 57 trimmed existing stakes and 52 added.
The largest buyer was Redwood Grove Capital, adding an estimated $6.62M. The largest seller was Marshall Wace, cutting an estimated $13.3M.
- 145 institutional investors held BRC Group Holdings (RILY) as of Q1 2023, down from 170 in Q4 2022.
- Funds reported $372M of BRC Group Holdings stock for Q1 2023, down 18% quarter-over-quarter.
- 18 funds opened new BRC Group Holdings positions in Q1 2023 and 41 closed out, a net change of -23 holders.
- The largest BRC Group Holdings buyer in Q1 2023 was Redwood Grove Capital, an estimated $6.62M added.
- The largest BRC Group Holdings seller in Q1 2023 was Marshall Wace, an estimated $13.3M sold.
Based on aggregated 13F filings for Q1 2023.