Build-A-Bear
BBW
80 hedge funds and large institutions have $111M invested in Build-A-Bear in 2014 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 30 increasing their positions, 11 reducing their positions, and 7 closing their positions.
386% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 7
173% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 11
93% more capital invested
Capital invested by funds: $57.3M → $111M (+$53.5M)
51% more funds holding
Funds holding: 53 → 80 (+27)
13.57% more ownership
Funds ownership: 34.21% → 47.78% (+14%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
82% less call options, than puts
Call options by funds: $20K | Put options by funds: $113K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$3.47M |
| 2 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$3.03M |
| 3 |
Renaissance Technologies
New York
|
+$3.03M |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$2.79M |
| 5 |
EI
EAM Investors
Solana Beach,
California
|
+$2.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Cannell Capital
Alta,
Wyoming
|
-$4.45M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$3.18M |
| 3 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
-$2.36M |
| 4 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
-$1.28M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$184K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Federated Hermes
Pittsburgh,
Pennsylvania
| $11K | +$10.7K | +819 | New |
|
|
TDC
77
Thompson Davis & Co
Richmond,
Virginia
| $7K | -$13K | -1,000 | -67% |
|
78
Barclays
London,
United Kingdom
| $4K | -$40.8K | -3,130 | -92% |
|
79
First Manhattan
New York
| $3K | – | – | – |
|
80
BNP Paribas Financial Markets
Paris,
France
| $2.86K | – | – | – |
|
|
KCM
81
Kennedy Capital Management
St Louis,
Missouri
| – | -$3.18M | -329,796 | Closed |
|
|
PCMI
82
Paradigm Capital Management Inc
Albany,
New York
| – | -$2.36M | -245,300 | Closed |
|
83
Arrowstreet Capital
Boston,
Massachusetts
| – | -$178K | -18,479 | Closed |
|
|
TAM
84
Telluride Asset Management
Wayzata,
Minnesota
| – | -$151K | -15,711 | Closed |
|
|
ARTA
85
A.R.T. Advisors
New York
| – | -$97K | -10,101 | Closed |
|
|
BJ
86
BlackRock Japan
Tokyo,
Japan
| – | -$57K | -5,873 | Closed |
|
|
TSW
87
Thompson Siegel & Walmsley
Richmond,
Virginia
| – | -$9K | -900 | Closed |
|
BBW Hedge Fund Activity: Q2 2014 in Review
80 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Build-A-Bear (BBW) for Q2 2014, worth a combined $111M — up 93% from $57.3M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new BBW positions and 7 closed out — a net gain of 27 holders — while 30 added to existing stakes and 11 trimmed.
The largest buyer was BlackRock Fund Advisors, adding an estimated $3.47M. The largest seller was Cannell Capital, cutting an estimated $4.45M.
- 80 institutional investors held Build-A-Bear (BBW) as of Q2 2014, up from 53 in Q1 2014.
- Funds reported $111M of Build-A-Bear stock for Q2 2014, up 93% quarter-over-quarter.
- 34 funds opened new Build-A-Bear positions in Q2 2014 and 7 closed out, a net change of +27 holders.
- The largest Build-A-Bear buyer in Q2 2014 was BlackRock Fund Advisors, an estimated $3.47M added.
- The largest Build-A-Bear seller in Q2 2014 was Cannell Capital, an estimated $4.45M sold.
Based on aggregated 13F filings for Q2 2014.