Bel Fuse Inc Class B
BELFB
89 hedge funds and large institutions have $140M invested in Bel Fuse Inc Class B in 2018 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 31 increasing their positions, 29 reducing their positions, and 18 closing their positions.
386% more call options, than puts
Call options by funds: $204K | Put options by funds: $42K
7% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 29
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.67% less ownership
Funds ownership: 75.56% → 74.89% (-0.67%)
13% less funds holding
Funds holding: 102 → 89 (-13)
25% less capital invested
Capital invested by funds: $188M → $140M (-$47.8M)
67% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
+$2.3M |
| 2 |
HK
Horizon Kinetics
New York
|
+$691K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$530K |
| 4 |
Renaissance Technologies
New York
|
+$459K |
| 5 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
+$359K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Cadence Capital Management
Boston,
Massachusetts
|
-$1.42M |
| 2 |
State Street
Boston,
Massachusetts
|
-$1.32M |
| 3 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$1.03M |
| 4 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$553K |
| 5 |
JP Morgan Chase
New York
|
-$547K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Acadian Asset Management
Boston,
Massachusetts
| – | -$22K | -881 | Closed |
|
102
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$5.67K | -277 | -95% |
|
|
DCM
103
Delpha Capital Management
New York
| – | -$4K | -168 | Closed |
|
104
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$1K | -34 | Closed |
|
|
JA
105
JOYN Advisors
Atlanta,
Georgia
| – | +$287 | +14 | New |
|
BELFB Hedge Fund Activity: Q1 2018 in Review
89 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Bel Fuse Inc Class B (BELFB) for Q1 2018, worth a combined $140M — down 25% from $188M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of BELFB and 6 opened new positions — a net loss of 12 holders — while 29 trimmed existing stakes and 31 added.
The largest buyer was Oaktree Capital Management, opening a new position worth an estimated $2.3M. The largest seller was Cadence Capital Management, exiting entirely with an estimated $1.42M sold.
- 89 institutional investors held Bel Fuse Inc Class B (BELFB) as of Q1 2018, down from 102 in Q4 2017.
- Funds reported $140M of Bel Fuse Inc Class B stock for Q1 2018, down 25% quarter-over-quarter.
- 6 funds opened new Bel Fuse Inc Class B positions in Q1 2018 and 18 closed out, a net change of -12 holders.
- The largest Bel Fuse Inc Class B buyer in Q1 2018 was Oaktree Capital Management, an estimated $2.3M added.
- The largest Bel Fuse Inc Class B seller in Q1 2018 was Cadence Capital Management, an estimated $1.42M sold.
Based on aggregated 13F filings for Q1 2018.