Free · no sign-up · Q2 2026

Which funds own BBT

Beacon Financial Corp. in the Q2 2026 filings. At least 2 of the 91 current managers on file reported a position, worth $83m between them. It is among the largest positions of fewer than a fifth of the current managers on file. Buying and selling roughly cancelled this quarter, which is what a name looks like when the argument is still live.

Managers holding: 2; at least, of 91 current
Combined value: $83m; as reported
Opened: 0; new this quarter
Added to: 2; already held
Trimmed or sold out: 1; 1 sold out entirely

Only each manager’s largest 200 positions are listed here, so a smaller holder may be missing.

Managers reporting a position

Largest first. Weight is the share of that manager’s whole reported book, which is the number worth quoting: $400m is a rounding error in one book and a defining bet in another.

Manager	Value	Weight	Shares	Change on the quarter	Action
Verition Fund Management LLC Multi-strategy · $19.7bn book	$73m	0.4%	2,403,149	+$13m+388,127	Added
Brevan Howard Capital Management LP Macro · $13.5bn book	$9.5m	0.1%	312,492	+$6.5m+212,492	Added

Sold out of this quarter

Valued at what the position was worth in the previous filing, because by this one it is gone.

GAMCO Investors Inc · Activist$700k held before

Ownership through time

At least 5 of the 95 managers whose filings are on file listed BBT in Q2 2026, against 1 in Q2 2013. The same number as in Q1 2026: 1 started a position; 1 no longer listed it among the positions read, which can mean a holding below the listed range, a filing that reported no holdings, or a filing not yet made.

Each manager’s largest 500 positions a quarter are read, so a small holding in a very large book can be missing, and a manager is counted as leaving only where its own filing shows it.

Managers on file listing it

Their combined reported value

Between the quarter ends of Q1 2026 and Q2 2026. Each change in shares is valued at the Q2 2026 price, so the price’s own move is left out; a 13F shows the two quarter ends, not when in between anything was bought or sold.

Started in Q2 2026

Walleye Capital LLC$20m

Largest increases, by shares

Walleye Capital LLCnew: 665,525 shares+$20m
Verition Fund Management LLC2,015,022 to 2,403,149 shares+$12m
Brevan Howard Capital Management LP100,000 to 312,492 shares+$6.5m
Millennium Management LLC5,111,881 to 5,165,656 shares+$1.6m

Largest decreases, by shares

ExodusPoint Capital Management LP244,365 to 196,679 shares-$1.5m

Left it

No manager on file is shown leaving it.

Manager	First listed	Largest	Q2 2026
Millennium Management LLC	Q1 2026	$157m	$157m
Verition Fund Management LLC	Q2 2015	$73m	$73m
Walleye Capital LLC	Q2 2026	$20m	$20m
Brevan Howard Capital Management LP	Q1 2026	$9.5m	$9.5m
ExodusPoint Capital Management LP	Q3 2019	$15m	$6.0m
Artisan Partners LP	Q2 2013	$22m	last listed Q1 2016
Balyasny Asset Management LLC	Q2 2019	$11m	last listed Q2 2019
Two Sigma Advisers LP	Q2 2025	$10m	last listed Q2 2025
Marshall Wace LLP	Q4 2018	$5.6m	last listed Q4 2018
Winton Group Ltd	Q3 2025	$1.5m	last listed Q1 2026
PDT Partners LLC	Q3 2023	$919k	last listed Q4 2024
Tudor Investment Corp	Q4 2016	$918k	last listed Q1 2020
Caxton Associates LLP	Q1 2020	$895k	last listed Q3 2025

What BBT is worth

Knowing who owns it is half the question. The other half is what it is worth against the companies it trades beside, which is the one an interviewer will follow up with.

Build the comp set around BBT →

How much of the picture this is

A Form 13F reports US-listed long equity and nothing else: no shorts, no bonds, no cash and no non-US listings. It arrives forty-five days after the quarter ends, so a manager who sold in July still shows the position in a filing published in August. This page reads the managers on file here rather than every filer in the market, and each manager’s largest positions rather than the whole table, so a small position in a very large book may not appear. Say “their last filing showed” rather than “they own”, and the distinction will do you credit.

What to do with a name the funds are buying

Knowing who owns something is the start of a pitch, not the pitch. The next questions are what it is worth and why they were buying.

Comps ExplorerValue it against the peers it trades beside Every managerRead any of these books in full Deal tapeWhat buyers paid for whole companies, not slices Hedge fund interviewsHow the room runs, and the stock pitch it wants

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The holdings, every quarter, and the week between

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