Build-A-Bear
BBW
53 hedge funds and large institutions have $55.3M invested in Build-A-Bear in 2019 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 15 increasing their positions, 11 reducing their positions, and 14 closing their positions.
1,800% more call options, than puts
Call options by funds: $418K | Put options by funds: $22K
36% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 11
2.26% more ownership
Funds ownership: 63.14% → 65.4% (+2.3%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less capital invested
Capital invested by funds: $57.6M → $55.3M (-$2.32M)
5% less funds holding
Funds holding: 56 → 53 (-3)
21% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Raging Capital Management
Rocky Hill,
New Jersey
|
+$4.08M |
| 2 |
Morgan Stanley
New York
|
+$2.14M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.76M |
| 4 |
Renaissance Technologies
New York
|
+$1.45M |
| 5 |
Two Sigma Investments
New York
|
+$797K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Cannell Capital
Alta,
Wyoming
|
-$5.16M |
| 2 |
CCP
Clifford Capital Partners
Alpine,
Utah
|
-$2.36M |
| 3 |
BRF
B. Riley Financial
Los Angeles,
California
|
-$1.83M |
| 4 |
New York State Common Retirement Fund
Albany,
New York
|
-$1.77M |
| 5 |
LCM
Laurion Capital Management
New York
|
-$301K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CCP
51
Clifford Capital Partners
Alpine,
Utah
| – | -$2.36M | -387,316 | Closed |
|
|
BRF
52
B. Riley Financial
Los Angeles,
California
| – | -$1.83M | -300,000 | Closed |
|
|
53
New York State Common Retirement Fund
Albany,
New York
| – | -$1.77M | -290,000 | Closed |
|
|
LCM
54
Laurion Capital Management
New York
| – | -$301K | -49,400 | Closed |
|
|
MERSOM
55
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
| – | -$284K | -46,500 | Closed |
|
|
NSIM
56
North Star Investment Management
Chicago,
Illinois
| – | -$184K | -30,140 | Closed |
|
|
SIM
57
Spark Investment Management
New York
| – | -$140K | -23,000 | Closed |
|
58
Acadian Asset Management
Boston,
Massachusetts
| – | -$86K | -14,172 | Closed |
|
59
Tudor Investment Corp
Stamford,
Connecticut
| – | -$78K | -12,753 | Closed |
|
60
D.E. Shaw & Co
New York
| – | -$63K | -10,383 | Closed |
|
61
Simplex Trading
Chicago,
Illinois
| – | -$39.1K | -7,073 | Closed |
|
|
KPW
62
Kore Private Wealth
New York
| – | -$9K | -1,463 | Closed |
|
|
CFA
63
Camarda Financial Advisors
Fleming Island,
Florida
| – | -$1K | -100 | Closed |
|
BBW Hedge Fund Activity: Q2 2019 in Review
53 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in Build-A-Bear (BBW) for Q2 2019, worth a combined $55.3M — down 4% from $57.6M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of BBW and 11 opened new positions — a net loss of 3 holders — while 11 trimmed existing stakes and 15 added.
The largest buyer was Raging Capital Management, opening a new position worth an estimated $4.08M. The largest seller was Cannell Capital, exiting entirely with an estimated $5.16M sold.
- 53 institutional investors held Build-A-Bear (BBW) as of Q2 2019, down from 56 in Q1 2019.
- Funds reported $55.3M of Build-A-Bear stock for Q2 2019, down 4% quarter-over-quarter.
- 11 funds opened new Build-A-Bear positions in Q2 2019 and 14 closed out, a net change of -3 holders.
- The largest Build-A-Bear buyer in Q2 2019 was Raging Capital Management, an estimated $4.08M added.
- The largest Build-A-Bear seller in Q2 2019 was Cannell Capital, an estimated $5.16M sold.
Based on aggregated 13F filings for Q2 2019.