Beasley Broadcasting Group
BBGI
28 hedge funds and large institutions have $10.8M invested in Beasley Broadcasting Group in 2020 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 4 increasing their positions, 9 reducing their positions, and 5 closing their positions.
32% more capital invested
Capital invested by funds: $8.17M → $10.8M (+$2.65M)
0.5% more ownership
Funds ownership: 38.85% → 39.35% (+0.5%)
3% less funds holding
Funds holding: 29 → 28 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
56% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$359K |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$86.1K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$73.7K |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$57.1K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$47.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$209K |
| 2 |
TA
Teton Advisors
Rye,
New York
|
-$153K |
| 3 |
GF
Gabelli Funds
Rye,
New York
|
-$69.4K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$33.7K |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$26K |
BBGI Hedge Fund Activity: Q2 2020 in Review
28 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Beasley Broadcasting Group (BBGI) for Q2 2020, worth a combined $10.8M — up 32% from $8.17M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of BBGI and 4 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 4 added.
The largest buyer was CIBC World Market, opening a new position worth an estimated $359K. The largest seller was GAMCO Investors, cutting an estimated $209K.
- 28 institutional investors held Beasley Broadcasting Group (BBGI) as of Q2 2020, down from 29 in Q1 2020.
- Funds reported $10.8M of Beasley Broadcasting Group stock for Q2 2020, up 32% quarter-over-quarter.
- 4 funds opened new Beasley Broadcasting Group positions in Q2 2020 and 5 closed out, a net change of -1 holder.
- The largest Beasley Broadcasting Group buyer in Q2 2020 was CIBC World Market, an estimated $359K added.
- The largest Beasley Broadcasting Group seller in Q2 2020 was GAMCO Investors, an estimated $209K sold.
Based on aggregated 13F filings for Q2 2020.