Bel Fuse Inc Class B
BELFB
77 hedge funds and large institutions have $102M invested in Bel Fuse Inc Class B in 2013 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 28 increasing their positions, 27 reducing their positions, and 9 closing their positions.
25% more capital invested
Capital invested by funds: $81.9M → $102M (+$20.5M)
4% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 27
1% less funds holding
Funds holding: 78 → 77 (-1)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KSC
Kendall Square Capital
San Francisco,
California
|
+$2.16M |
| 2 |
RCM
Raging Capital Management
Rocky Hill,
New Jersey
|
+$1.84M |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$879K |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$775K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$643K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
Third Avenue Management
New York
|
-$5.03M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$4.19M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$211K |
| 4 |
CCMH
Cornerstone Capital Management Holdings
New York
|
-$193K |
| 5 |
Renaissance Technologies
New York
|
-$166K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
BlackRock
New York
| $5K | – | – | – |
|
77
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $147 | – | – | – |
|
|
78
American Century Companies
Kansas City,
Missouri
| – | -$4.19M | -311,774 | Closed |
|
|
B
79
Barings
Charlotte,
North Carolina
| – | -$136K | -10,100 | Closed |
|
|
CS
80
Credit Suisse
Zurich,
Switzerland
| – | -$135K | -10,026 | Closed |
|
|
TRSOTSOK
81
Teachers Retirement System of the State of Kentucky
Frankfort,
Kentucky
| – | -$105K | -7,800 | Closed |
|
|
TRCT
82
Tower Research Capital (TRC)
New York
| – | -$86K | -6,407 | Closed |
|
|
STC
83
SEI Trust Company
Oaks,
Pennsylvania
| – | -$70K | -5,200 | Closed |
|
84
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$4K | -300 | Closed |
|
|
ST
85
Smithfield Trust
Pittsburgh,
Pennsylvania
| – | -$4K | -300 | Closed |
|
BELFB Hedge Fund Activity: Q3 2013 in Review
77 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Bel Fuse Inc Class B (BELFB) for Q3 2013, worth a combined $102M — up 25% from $81.9M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of BELFB and 8 opened new positions — a net loss of 1 holder — while 27 trimmed existing stakes and 28 added.
The largest buyer was Kendall Square Capital, opening a new position worth an estimated $2.16M. The largest seller was Third Avenue Management, cutting an estimated $5.03M.
- 77 institutional investors held Bel Fuse Inc Class B (BELFB) as of Q3 2013, down from 78 in Q2 2013.
- Funds reported $102M of Bel Fuse Inc Class B stock for Q3 2013, up 25% quarter-over-quarter.
- 8 funds opened new Bel Fuse Inc Class B positions in Q3 2013 and 9 closed out, a net change of -1 holder.
- The largest Bel Fuse Inc Class B buyer in Q3 2013 was Kendall Square Capital, an estimated $2.16M added.
- The largest Bel Fuse Inc Class B seller in Q3 2013 was Third Avenue Management, an estimated $5.03M sold.
Based on aggregated 13F filings for Q3 2013.