Beasley Broadcasting Group
BBGI
36 hedge funds and large institutions have $40.1M invested in Beasley Broadcasting Group in 2017 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 11 increasing their positions, 5 reducing their positions, and 7 closing their positions.
120% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 5
114% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 7
29% more funds holding
Funds holding: 28 → 36 (+8)
3.29% more ownership
Funds ownership: 30.37% → 33.67% (+3.3%)
6% less capital invested
Capital invested by funds: $42.9M → $40.1M (-$2.73M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$2.25M |
| 2 |
Renaissance Technologies
New York
|
+$764K |
| 3 |
State Street
Boston,
Massachusetts
|
+$457K |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$457K |
| 5 |
MERSOM
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
|
+$411K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$338K |
| 2 |
Goldman Sachs
New York
|
-$319K |
| 3 |
Millennium Management
New York
|
-$310K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$301K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$128K |
BBGI Hedge Fund Activity: Q2 2017 in Review
36 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Beasley Broadcasting Group (BBGI) for Q2 2017, worth a combined $40.1M — down 6.4% from $42.9M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new BBGI positions and 7 closed out — a net gain of 8 holders — while 11 added to existing stakes and 5 trimmed.
The largest buyer was BlackRock, adding an estimated $2.25M. The largest seller was GAMCO Investors, cutting an estimated $338K.
- 36 institutional investors held Beasley Broadcasting Group (BBGI) as of Q2 2017, up from 28 in Q1 2017.
- Funds reported $40.1M of Beasley Broadcasting Group stock for Q2 2017, down 6.4% quarter-over-quarter.
- 15 funds opened new Beasley Broadcasting Group positions in Q2 2017 and 7 closed out, a net change of +8 holders.
- The largest Beasley Broadcasting Group buyer in Q2 2017 was BlackRock, an estimated $2.25M added.
- The largest Beasley Broadcasting Group seller in Q2 2017 was GAMCO Investors, an estimated $338K sold.
Based on aggregated 13F filings for Q2 2017.