Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Brightspire Capital Inc (BRSP)

193 + Investors. Track Smart Money conviction in BRSP. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +3
Streak
1Q ▲
Buyers last Q
50%

Smart Money Signals — BRSP

Based on 195 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added BRSP than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (98% of max)

98% of all-time peak
195 hedge funds hold BRSP right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding BRSP is almost the same as a year ago (+2 funds, +1% change). No significant rush to buy or sell — institutional backing is holding steady.
🟡

Slight buying edge — 50% buying

91 buying90 selling
Last quarter: 91 funds bought or added vs 90 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+6 vs last Q)

new funds entering per quarter
Funds opening a new BRSP position: 26 → 26 → 23 → 29. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

61% of holders stayed for 2+ years

■ 61% conviction (2yr+) ■ 21% medium ■ 18% new
119 out of 195 hedge funds have held BRSP for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
➡️

Steady discovery — ~29 new funds/quarter

27 → 26 → 26 → 23 → 29 new funds/Q
New funds entering each quarter: 26 → 26 → 23 → 29. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 65% of holders stayed 2+ years

■ 65% veterans ■ 13% 1-2yr ■ 22% new
Of 199 current holders: 130 (65%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
✅

Strong quality — 24% AUM from major funds

24% from top-100 AUM funds
39 of 195 holders rank in the top 100 by AUM, accounting for 24% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.3
out of 10
Low Exit Risk
Exit risk score 3.3/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — BRSP

In 2026 Q1, 91 hedge funds were net buyers of BRSP (29 opened a new position, 62 added to an existing one), while 90 reduced or exited (64 trimmed, 26 sold completely) — a 50% buyer ratio, indicating a slight buying edge. 24% of total institutional value in BRSP is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +3 funds (more new holders than closures). Total institutional holders: 195.

Hedge Fund Ownership: BRSP

How many hedge funds hold BRSP — quarterly history vs. share price
Quarterly hedge fund ownership of BRSP vs. share price

Market Analysis: BRSP

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: BRSP

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Brightspire Capital Inc (BRSP) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much BRSP has moved relative to its sector benchmark (XLRE) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 79d ago
BRSP
-2.7%
XLRE
+7.7%

BRSP outperformed XLRE by -10.4% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 34d ago
BRSP
-4.4%
XLRE
+1.7%

Since the filing became public, BRSP outperformed XLRE by -6.1% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

24 top-rated funds 2 high-conviction
Consensus
6.1
/ 10
breadth
×
Elite
2.0
/ 10
conviction
Hedge Fund Positioning: BRSP
193 + Investors

Track Smart Money conviction in BRSP. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 193 192 0.52%
13F Shares 87M 91M -4.72%
Total Value $477M $512M -6.83%
New Positions 27 23 +4
Increased Positions 62 60 +2
Closed Positions 26 31 -5
Reduced Positions 62 71 -9
Total Calls 0 0 -
Total Puts 4 4 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: BRSP

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Institutional Holders (2026 Q1)

193 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in BRSP. Verified SEC 13F-HR filings.

QUARTER:
Top 25 BRSP holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Nut Tree Capital Management, LP 25.10% 10,993,946 $61.6M
2 North Ground Capital 10.79% 1,600,000 $9.0M
3 Waterfall Asset Management, LLC 4.61% 1,472,790 $8.2M
4 Almitas Capital LLC 1.29% 1,015,903 $5.7M
5 Greenland Capital Management LP 1.08% 1,515,000 $8.5M
6 Private Management Group Inc 0.78% 4,835,227 $27.1M
7 Alpine Global Management, LLC 0.75% 897,499 $5.0M
8 Punch & Associates Investment Management, INC. 0.75% 2,309,774 $12.9M
9 Everstar Asset Management, LLC 0.35% 117,563 $658K
10 Samalin Investment Counsel, LLC 0.17% 87,421 $490K
11 Avenir Corp 0.15% 221,900 $1.2M
12 Lighthouse Investment Partners, LLC 0.12% 622,934 $3.5M
13 Legacy Capital Group California, Inc. 0.07% 35,000 $196K
14 Nomura Holdings Inc 0.06% 3,987,063 $22.3M
15 Hrc Wealth Management, LLC 0.05% 20,476 $115K
16 Eight 31 Financial, LLC 0.05% 15,200 $85K
17 Abel Hall, LLC 0.05% 41,449 $232K
18 J.W. Cole Advisors, INC. 0.05% 255,404 $1.4M
19 Regatta Capital Group, LLC 0.04% 47,339 $265K
20 Osbon Capital Management LLC 0.04% 7,726 $43K
21 Financial Gravity Asset Management, Inc. 0.03% 33,526 $188K
22 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.03% 3,627,097 $20.3M
23 Axiom Investment Management LLC 0.03% 5,900 $33K
24 Anfield Capital Management, LLC 0.02% 15,573 $87K
25 Hotchkis & Wiley Capital Management LLC 0.02% 1,226,170 $6.9M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Brightspire Capital Inc (BRSP)

What does the Smart Money Trend signal show for BRSP?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added BRSP than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for BRSP?

Slight buying edge — 50% buying: Last quarter: 91 funds bought or added vs 90 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for BRSP holders?

Strong quality — 24% AUM from major funds: 39 of 195 holders rank in the top 100 by AUM, accounting for 24% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held BRSP?

61% of holders stayed for 2+ years: 119 out of 195 hedge funds have held BRSP for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Brightspire Capital Inc (BRSP) following the 2026 Q1 hedge fund 13F filings?

As of today, BRSP has moved -4.4% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.7% for the XLRE sector ETF — an outperformance of -6.1%. Since the quarter end (March 31, 2026), BRSP has gained -2.7% vs +7.7% for XLRE. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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