Build-A-Bear
BBW
59 hedge funds and large institutions have $57.5M invested in Build-A-Bear in 2021 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 17 increasing their positions, 11 reducing their positions, and 6 closing their positions.
283% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 6
57% more capital invested
Capital invested by funds: $36.5M → $57.5M (+$21M)
55% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 11
40% more funds holding
Funds holding: 42 → 59 (+17)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.35% less ownership
Funds ownership: 53.63% → 52.28% (-1.4%)
66% less call options, than puts
Call options by funds: $1M | Put options by funds: $2.99M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Cannell Capital
Alta,
Wyoming
|
+$1.65M |
| 2 |
PCM
Prelude Capital Management
New York
|
+$1.53M |
| 3 |
NSIM
North Star Investment Management
Chicago,
Illinois
|
+$597K |
| 4 |
CIC
Cornercap Investment Counsel
Atlanta,
Georgia
|
+$443K |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$422K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Solas Capital Management
Darien,
Connecticut
|
-$7.19M |
| 2 |
PCI
Pacifica Capital Investments
Leander,
Texas
|
-$3.34M |
| 3 |
2L
22NW LP
Seattle,
Washington
|
-$1.73M |
| 4 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
-$1.05M |
| 5 |
AC
Aristides Capital
Louisville,
Kentucky
|
-$625K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
51
Tower Research Capital (TRC)
New York
| $33K | +$13.3K | +2,163 | +86% |
|
52
JP Morgan Chase
New York
| $5K | -$12K | -1,958 | -73% |
|
53
Federated Hermes
Pittsburgh,
Pennsylvania
| $5K | +$4.71K | +766 | New |
|
|
WCM
54
Wealthcare Capital Management
Richmond,
Virginia
| $2K | +$1.48K | +241 | New |
|
55
UBS Group
Zurich,
Switzerland
| $1K | -$2.35K | -383 | -66% |
|
56
Wells Fargo
San Francisco,
California
| $1K | -$707 | -115 | -58% |
|
57
BNP Paribas Financial Markets
Paris,
France
| $7 | – | – | – |
|
|
2L
58
22NW LP
Seattle,
Washington
| – | -$1.73M | -405,341 | Closed |
|
|
GCP
59
GSA Capital Partners
London,
United Kingdom
| – | -$444K | -103,992 | Closed |
|
|
SCM
60
SG Capital Management
Chicago,
Illinois
| – | -$208K | -48,620 | Closed |
|
61
Squarepoint
New York
| – | -$172K | -40,209 | Closed |
|
62
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$10K | -2,250 | Closed |
|
BBW Hedge Fund Activity: Q1 2021 in Review
59 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Build-A-Bear (BBW) for Q1 2021, worth a combined $57.5M — up 57% from $36.5M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new BBW positions and 6 closed out — a net gain of 17 holders — while 17 added to existing stakes and 11 trimmed.
The largest buyer was Cannell Capital, adding an estimated $1.65M. The largest seller was Solas Capital Management, cutting an estimated $7.19M.
- 59 institutional investors held Build-A-Bear (BBW) as of Q1 2021, up from 42 in Q4 2020.
- Funds reported $57.5M of Build-A-Bear stock for Q1 2021, up 57% quarter-over-quarter.
- 23 funds opened new Build-A-Bear positions in Q1 2021 and 6 closed out, a net change of +17 holders.
- The largest Build-A-Bear buyer in Q1 2021 was Cannell Capital, an estimated $1.65M added.
- The largest Build-A-Bear seller in Q1 2021 was Solas Capital Management, an estimated $7.19M sold.
Based on aggregated 13F filings for Q1 2021.