Build-A-Bear
BBW
100 hedge funds and large institutions have $217M invested in Build-A-Bear in 2014 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 39 increasing their positions, 20 reducing their positions, and 11 closing their positions.
200% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 11
95% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 20
89% more capital invested
Capital invested by funds: $115M → $217M (+$102M)
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
25% more funds holding
Funds holding: 80 → 100 (+20)
22% more call options, than puts
Call options by funds: $431K | Put options by funds: $354K
11.43% more ownership
Funds ownership: 50.7% → 62.13% (+11%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
SG Capital Management
Chicago,
Illinois
|
+$9.74M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$3.32M |
| 3 |
New York State Common Retirement Fund
Albany,
New York
|
+$3.01M |
| 4 |
SGAM
Smith Group Asset Management
Dallas,
Texas
|
+$2.96M |
| 5 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$2.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Cannell Capital
Alta,
Wyoming
|
-$6.17M |
| 2 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
-$3.53M |
| 3 |
LSC
Lyon Street Capital
Sausalito,
California
|
-$1.36M |
| 4 |
FPC
Falcon Point Capital
San Francisco,
California
|
-$1.09M |
| 5 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
-$1.08M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NC
101
Northpointe Capital
Bloomfield Hills,
Michigan
| – | -$3.53M | -269,695 | Closed |
|
102
Jacobs Levy Equity Management
Florham Park,
New Jersey
| – | -$292K | -22,332 | Closed |
|
|
PC
103
Passport Capital
San Francisco,
California
| – | -$234K | -17,885 | Closed |
|
|
ICM
104
ISZO Capital Management
New York
| – | -$228K | -17,445 | Closed |
|
|
CAM
105
ClariVest Asset Management
San Diego,
California
| – | -$88K | -6,720 | Closed |
|
106
Group One Trading
Chicago,
Illinois
| – | -$83.2K | -4,778 | Closed |
|
|
PAM
107
Panagora Asset Management
Boston,
Massachusetts
| – | -$20K | -1,530 | Closed |
|
|
TRCT
108
Tower Research Capital (TRC)
New York
| – | -$14K | -1,100 | Closed |
|
109
BNP Paribas Financial Markets
Paris,
France
| – | -$10.9K | -837 | Closed |
|
|
TDC
110
Thompson Davis & Co
Richmond,
Virginia
| – | -$7K | -500 | Closed |
|
|
GC
111
Globeflex Capital
San Diego,
California
| – | -$1K | -67 | Closed |
|
BBW Hedge Fund Activity: Q4 2014 in Review
100 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Build-A-Bear (BBW) for Q4 2014, worth a combined $217M — up 89% from $115M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new BBW positions and 11 closed out — a net gain of 22 holders — while 39 added to existing stakes and 20 trimmed.
The largest buyer was SG Capital Management, opening a new position worth an estimated $9.74M. The largest seller was Cannell Capital, cutting an estimated $6.17M.
- 100 institutional investors held Build-A-Bear (BBW) as of Q4 2014, up from 80 in Q3 2014.
- Funds reported $217M of Build-A-Bear stock for Q4 2014, up 89% quarter-over-quarter.
- 33 funds opened new Build-A-Bear positions in Q4 2014 and 11 closed out, a net change of +22 holders.
- The largest Build-A-Bear buyer in Q4 2014 was SG Capital Management, an estimated $9.74M added.
- The largest Build-A-Bear seller in Q4 2014 was Cannell Capital, an estimated $6.17M sold.
Based on aggregated 13F filings for Q4 2014.