Beasley Broadcasting Group
BBGI
57 hedge funds and large institutions have $43.1M invested in Beasley Broadcasting Group in 2018 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 27 increasing their positions, 2 reducing their positions, and 4 closing their positions.
1,250% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 2
425% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 4
39% more funds holding
Funds holding: 41 → 57 (+16)
0.99% more ownership
Funds ownership: 1.89% → 2.88% (+0.99%)
6% less capital invested
Capital invested by funds: $45.8M → $43.1M (-$2.74M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GPCM
Granite Point Capital Management
Boston,
Massachusetts
|
+$3.57M |
| 2 |
CH
CVI Holdings
Wilmington,
Delaware
|
+$2.89M |
| 3 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$1.78M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$1.46M |
| 5 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
+$1.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Axa
Paris,
France
|
-$267K |
| 2 |
Invesco
Atlanta,
Georgia
|
-$242K |
| 3 |
ZIM
ZPR Investment Management
Orange City,
Florida
|
-$137K |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$10K |
| 5 |
HIMCH
Hartford Investment Management Co (HIMCO)
Hartford,
Connecticut
|
-$6.81K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Legal & General Group
London,
United Kingdom
| $11K | +$9.19K | +58 | +264% |
|
|
AIP
52
Ameritas Investment Partners
Lincoln,
Nebraska
| $3K | – | – | – |
|
53
BNP Paribas Financial Markets
Paris,
France
| $1.14K | – | – | – |
|
54
Canada Life
Winnipeg,
Manitoba, Canada
| $1K | – | – | – |
|
55
New York State Common Retirement Fund
Albany,
New York
| $1K | – | – | – |
|
56
Royal Bank of Canada
Toronto,
Ontario, Canada
| $1K | +$475 | +3 | +30% |
|
57
Bank of Montreal
Toronto,
Ontario, Canada
| $1K | +$1.43K | +9 | +450% |
|
|
58
Axa
Paris,
France
| – | -$267K | -1,191 | Closed |
|
|
ZIM
59
ZPR Investment Management
Orange City,
Florida
| – | -$137K | -613 | Closed |
|
|
60
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$10K | -45 | Closed |
|
|
PIA
61
Piedmont Investment Advisors
Durham,
North Carolina
| – | -$1K | -4 | Closed |
|
BBGI Hedge Fund Activity: Q3 2018 in Review
57 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Beasley Broadcasting Group (BBGI) for Q3 2018, worth a combined $43.1M — down 6% from $45.8M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new BBGI positions and 4 closed out — a net gain of 17 holders — while 27 added to existing stakes and 2 trimmed.
The largest buyer was Granite Point Capital Management, opening a new position worth an estimated $3.57M. The largest seller was Axa, exiting entirely with an estimated $267K sold.
- 57 institutional investors held Beasley Broadcasting Group (BBGI) as of Q3 2018, up from 41 in Q2 2018.
- Funds reported $43.1M of Beasley Broadcasting Group stock for Q3 2018, down 6% quarter-over-quarter.
- 21 funds opened new Beasley Broadcasting Group positions in Q3 2018 and 4 closed out, a net change of +17 holders.
- The largest Beasley Broadcasting Group buyer in Q3 2018 was Granite Point Capital Management, an estimated $3.57M added.
- The largest Beasley Broadcasting Group seller in Q3 2018 was Axa, an estimated $267K sold.
Based on aggregated 13F filings for Q3 2018.