Beasley Broadcasting Group
BBGI
28 hedge funds and large institutions have $42.9M invested in Beasley Broadcasting Group in 2017 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 3 closing their positions.
267% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 3
95% more capital invested
Capital invested by funds: $22M → $42.9M (+$20.9M)
17% more funds holding
Funds holding: 24 → 28 (+4)
0.04% more ownership
Funds ownership: 1.47% → 1.52% (+0.04%)
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$675K |
| 2 |
Renaissance Technologies
New York
|
+$489K |
| 3 |
Goldman Sachs
New York
|
+$250K |
| 4 |
Millennium Management
New York
|
+$242K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$236K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$450K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$155K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$90.8K |
| 4 |
SKK
Shepherd Kaplan Krochuk
Boston,
Massachusetts
|
-$73K |
| 5 |
TA
Teton Advisors
Rye,
New York
|
-$38.1K |
BBGI Hedge Fund Activity: Q1 2017 in Review
28 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Beasley Broadcasting Group (BBGI) for Q1 2017, worth a combined $42.9M — up 95% from $22M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new BBGI positions and 3 closed out — a net gain of 8 holders — while 5 added to existing stakes and 6 trimmed.
The largest buyer was BlackRock, opening a new position worth an estimated $675K. The largest seller was GAMCO Investors, cutting an estimated $450K.
- 28 institutional investors held Beasley Broadcasting Group (BBGI) as of Q1 2017, up from 24 in Q4 2016.
- Funds reported $42.9M of Beasley Broadcasting Group stock for Q1 2017, up 95% quarter-over-quarter.
- 11 funds opened new Beasley Broadcasting Group positions in Q1 2017 and 3 closed out, a net change of +8 holders.
- The largest Beasley Broadcasting Group buyer in Q1 2017 was BlackRock, an estimated $675K added.
- The largest Beasley Broadcasting Group seller in Q1 2017 was GAMCO Investors, an estimated $450K sold.
Based on aggregated 13F filings for Q1 2017.