Beasley Broadcasting Group
BBGI
29 hedge funds and large institutions have $8.17M invested in Beasley Broadcasting Group in 2020 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 8 reducing their positions, and 8 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 8
0.18% less ownership
Funds ownership: 2.13% → 1.94% (-0.18%)
17% less funds holding
Funds holding: 35 → 29 (-6)
45% less capital invested
Capital invested by funds: $14.7M → $8.17M (-$6.56M)
63% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$773K |
| 2 |
BlackRock
New York
|
+$44K |
| 3 |
JP Morgan Chase
New York
|
+$35.9K |
| 4 |
FC
FCA Corp
Houston,
Texas
|
+$35.1K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$22.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$777K |
| 2 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$601K |
| 3 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$226K |
| 4 |
GPCM
Granite Point Capital Management
Boston,
Massachusetts
|
-$170K |
| 5 |
Renaissance Technologies
New York
|
-$112K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
BNP Paribas Financial Markets
Paris,
France
| $102 | – | – | – |
|
|
KCM
27
Kennedy Capital Management
St Louis,
Missouri
| – | -$777K | -12,579 | Closed |
|
|
PCM
28
Penn Capital Management
Philadelphia,
Pennsylvania
| – | -$601K | -9,728 | Closed |
|
|
UOC
29
UBS O'Connor
Chicago,
Illinois
| – | -$226K | -3,655 | Closed |
|
|
GPCM
30
Granite Point Capital Management
Boston,
Massachusetts
| – | -$170K | -2,758 | Closed |
|
31
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$48K | -788 | Closed |
|
32
Morgan Stanley
New York
| – | -$6K | -100 | Closed |
|
|
MAM
33
Meeder Asset Management
Dublin,
Ohio
| – | -$6K | -93 | Closed |
|
|
BFEC
34
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$4K | -70 | Closed |
|
|
TRCT
35
Tower Research Capital (TRC)
New York
| – | -$3.51K | -55 | -92% |
|
36
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | +$319 | +5 | +50% |
|
BBGI Hedge Fund Activity: Q1 2020 in Review
29 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Beasley Broadcasting Group (BBGI) for Q1 2020, worth a combined $8.17M — down 45% from $14.7M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of BBGI and 3 opened new positions — a net loss of 5 holders — while 8 trimmed existing stakes and 10 added.
The largest buyer was Bridgeway Capital Management, adding an estimated $773K. The largest seller was Kennedy Capital Management, exiting entirely with an estimated $777K sold.
- 29 institutional investors held Beasley Broadcasting Group (BBGI) as of Q1 2020, down from 35 in Q4 2019.
- Funds reported $8.17M of Beasley Broadcasting Group stock for Q1 2020, down 45% quarter-over-quarter.
- 3 funds opened new Beasley Broadcasting Group positions in Q1 2020 and 8 closed out, a net change of -5 holders.
- The largest Beasley Broadcasting Group buyer in Q1 2020 was Bridgeway Capital Management, an estimated $773K added.
- The largest Beasley Broadcasting Group seller in Q1 2020 was Kennedy Capital Management, an estimated $777K sold.
Based on aggregated 13F filings for Q1 2020.