Beasley Broadcasting Group
BBGI
42 hedge funds and large institutions have $17.5M invested in Beasley Broadcasting Group in 2019 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 16 reducing their positions, and 18 closing their positions.
7.09% less ownership
Funds ownership: 55.67% → 48.57% (-7.1%)
25% less funds holding
Funds holding: 56 → 42 (-14)
27% less capital invested
Capital invested by funds: $24.2M → $17.5M (-$6.64M)
31% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 16
78% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$928K |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$707K |
| 3 |
Renaissance Technologies
New York
|
+$239K |
| 4 |
Millennium Management
New York
|
+$154K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$146K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$1.28M |
| 2 |
GPCM
Granite Point Capital Management
Boston,
Massachusetts
|
-$737K |
| 3 |
CH
CVI Holdings
Wilmington,
Delaware
|
-$447K |
| 4 |
State Street
Boston,
Massachusetts
|
-$436K |
| 5 |
JP Morgan Chase
New York
|
-$357K |
BBGI Hedge Fund Activity: Q2 2019 in Review
42 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Beasley Broadcasting Group (BBGI) for Q2 2019, worth a combined $17.5M — down 27% from $24.2M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of BBGI and 4 opened new positions — a net loss of 14 holders — while 16 trimmed existing stakes and 11 added.
The largest buyer was Vanguard Group, adding an estimated $928K. The largest seller was BlackRock, cutting an estimated $1.28M.
- 42 institutional investors held Beasley Broadcasting Group (BBGI) as of Q2 2019, down from 56 in Q1 2019.
- Funds reported $17.5M of Beasley Broadcasting Group stock for Q2 2019, down 27% quarter-over-quarter.
- 4 funds opened new Beasley Broadcasting Group positions in Q2 2019 and 18 closed out, a net change of -14 holders.
- The largest Beasley Broadcasting Group buyer in Q2 2019 was Vanguard Group, an estimated $928K added.
- The largest Beasley Broadcasting Group seller in Q2 2019 was BlackRock, an estimated $1.28M sold.
Based on aggregated 13F filings for Q2 2019.