Beasley Broadcasting Group
BBGI
24 hedge funds and large institutions have $22M invested in Beasley Broadcasting Group in 2016 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 6 reducing their positions, and 3 closing their positions.
5% more capital invested
Capital invested by funds: $20.9M → $22M (+$1.1M)
0.8% less ownership
Funds ownership: 30.3% → 29.5% (-0.8%)
8% less funds holding
Funds holding: 26 → 24 (-2)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
67% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$50.6K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$6.29K |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$5.62K |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$1.35K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$225K |
| 2 |
ZIM
ZPR Investment Management
Orange City,
Florida
|
-$101K |
| 3 |
Zurich Cantonal Bank
Zurich,
Switzerland
|
-$98K |
| 4 |
SKK
Shepherd Kaplan Krochuk
Boston,
Massachusetts
|
-$69.1K |
| 5 |
Goldman Sachs
New York
|
-$65K |
BBGI Hedge Fund Activity: Q4 2016 in Review
24 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Beasley Broadcasting Group (BBGI) for Q4 2016, worth a combined $22M — up 5.2% from $20.9M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of BBGI and 2 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 2 added.
The largest buyer was Renaissance Technologies, adding an estimated $50.6K. The largest seller was GAMCO Investors, cutting an estimated $225K.
- 24 institutional investors held Beasley Broadcasting Group (BBGI) as of Q4 2016, down from 26 in Q3 2016.
- Funds reported $22M of Beasley Broadcasting Group stock for Q4 2016, up 5.2% quarter-over-quarter.
- 2 funds opened new Beasley Broadcasting Group positions in Q4 2016 and 3 closed out, a net change of -1 holder.
- The largest Beasley Broadcasting Group buyer in Q4 2016 was Renaissance Technologies, an estimated $50.6K added.
- The largest Beasley Broadcasting Group seller in Q4 2016 was GAMCO Investors, an estimated $225K sold.
Based on aggregated 13F filings for Q4 2016.