Who Owns Beacon Financial Stock?
NYSE: BBTFinancial ServicesBanks - RegionalUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Ownership breakdown
- Held by institutions
- 94.33%
- Held by insiders
- 1.39%
- Institutional holders
- 383
- Institutions 94.3%
- Insiders 1.4%
- Public and other 4.3%
Who owns Beacon Financial stock?
Institutional investors own about 94.3% of Beacon Financial's shares, spread across 383 institutions that file 13F reports. That level of institutional ownership is high, typical of large, widely followed companies. Insiders, including executives, directors and large founding shareholders, hold 1.39% of BBT.
The largest institutional holders are Blackrock Inc. (14.75%), Vanguard Portfolio Management LLC (6.22%) and Millennium Management Llc (6.16%). Together, the top 10 institutions control 56.5% of shares outstanding. In their latest filings, 8 of the top 10 institutions increased their BBT positions and 2 reduced them.
Summary generated from market data by MetaCap's automated system. Methodology
Top institutional holders of BBT
| Institution | Shares | % Held | Change |
|---|---|---|---|
| Blackrock Inc. | 12.37M | 14.75% | +1.5% |
| Vanguard Portfolio Management LLC | 5.21M | 6.22% | +1.5% |
| Millennium Management Llc | 5.17M | 6.16% | +1.1% |
| State Street Corporation | 5.13M | 6.12% | +7.9% |
| Dimensional Fund Advisors LP | 4.96M | 5.91% | +2.9% |
| Fuller & Thaler Asset Management Inc. | 3.94M | 4.70% | -17.5% |
| Vanguard Capital Management LLC | 3.76M | 4.49% | -0.1% |
| Verition Fund Management, LLC | 2.40M | 2.87% | +19.3% |
| Holdco Asset Management, LP | 2.26M | 2.70% | +9.8% |
| Geode Capital Management, LLC | 2.16M | 2.58% | +5.7% |
% held is the share of total shares outstanding. Change is the percentage change in the position since the holder's previous 13F filing.
Top mutual fund and ETF holders of BBT
| Fund | Shares | % Held |
|---|---|---|
| iShares Trust-iShares Core S&P Small-Cap ETF | 5.03M | 6.00% |
| UNDISCOVERED MANAGERS Fd.S-Undiscovered Managers Behavioral Value Fd. | 3.21M | 3.83% |
| VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund | 2.66M | 3.17% |
| iShares Trust-iShares Russell 2000 ETF | 2.13M | 2.54% |
| VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund | 1.92M | 2.29% |
| VANGUARD INDEX FUNDS-Vanguard Small-Cap Value Index Fund | 1.22M | 1.45% |
| DFA INVESTMENT DIMENSIONS GROUP INC-U.S. Small Cap Value Portfolio | 1.15M | 1.37% |
| SPDR SERIES TRUST-State Street SPDR S&P Regional Banking ETF | 1.07M | 1.28% |
| VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund | 961.67K | 1.15% |
| Fidelity Salem Street Trust-Fidelity Small Cap Index Fund | 933.13K | 1.11% |
Frequently asked questions
Who is the largest shareholder of Beacon Financial?
Blackrock Inc. is the largest institutional shareholder of BBT, owning 14.75% of shares outstanding (12.37M shares) as of its latest 13F filing.
What percentage of Beacon Financial is owned by institutions?
Institutions own about 94.3% of BBT shares and 95.7% of the public float.
How much of Beacon Financial do insiders own?
Insiders, such as officers and directors, own about 1.39% of BBT shares outstanding.
Where does institutional ownership data come from?
Investment managers with more than $100 million in US equities must file Form 13F with the SEC within 45 days of each quarter-end. Holdings are therefore up to about 4.5 months old when published.