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Bassett Furniture

71 hedge funds and large institutions have $104M invested in Bassett Furniture in 2013 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 27 increasing their positions, 23 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

17% more repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 23

3% less capital invested

Capital invested by funds: $106M → $104M (-$2.75M)

9% less funds holding

Funds holding: 7871 (-7)

50% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 14

Holders
71
Holders Change
-7
Holders Change %
-8.97%
% of All Funds
2.06%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.03%
New
7
Increased
27
Reduced
23
Closed
14
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Citigroup
51
Citigroup
New York
$124K +$59.7K +4,062 +99%
AIG
52
American International Group
New York
$110K -$1.06K -72 -1%
BA
53
BlackRock Advisors
Delaware
$108K +$7.05K +480 +7%
PL
54
Parkwood LLC
Ohio
$101K +$97.2K +6,621 New
Bank of America
55
Bank of America
North Carolina
$77K -$8.34K -568 -10%
Barclays
56
Barclays
United Kingdom
$56K -$20K -1,360 -26%
CCMH
57
Cornerstone Capital Management Holdings
New York
$54K -$165K -11,266 -76%
U
58
UBS
Switzerland
$40K -$17.2K -1,168 -31%
FQ
59
First Quadrant
California
$38K -$49.9K -3,400 -58%
PAM
60
Panagora Asset Management
Massachusetts
$36K
Deutsche Bank
61
Deutsche Bank
Germany
$34K -$162K -11,057 -83%
Wells Fargo
62
Wells Fargo
California
$31K
FNBT
63
FineMark National Bank & Trust
Florida
$15K
TRCT
64
Tower Research Capital (TRC)
New York
$12K +$12K +819 New
AllianceBernstein
65
AllianceBernstein
Tennessee
$5K +$3.1K +211 +201%
DA
66
Denali Advisors
California
$4K +$3.6K +245 +1,289%
SF
67
Synovus Financial
Georgia
$3K
BNP Paribas Financial Markets
68
BNP Paribas Financial Markets
France
$2.51K +$2.41K +164 New
HF
69
Hoxton Financial
West Virginia
$2K +$455 +31 +42%
Manulife (Manufacturers Life Insurance)
70
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$153 +$6.24K +425 +4%
Allianz Asset Management
71
Allianz Asset Management
Germany
-$1.78M -110,163 Closed
EI
72
EAM Investors
California
-$1.5M -92,784 Closed
GGHC
73
Gilder Gagnon Howe & Co
New York
-$1.43M -88,303 Closed
TAM
74
THB Asset Management
Connecticut
-$1.23M -75,900 Closed
NJBEST
75
New Jersey Better Educational Savings Trust
New Jersey
-$421K -26,000 Closed

BSET Hedge Fund Activity: Q4 2013 in Review

71 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Bassett Furniture (BSET) for Q4 2013, worth a combined $104M — down 2.6% from $106M a quarter earlier.

Sellers outnumbered buyers: 14 funds closed out of BSET and 7 opened new positions — a net loss of 7 holders — while 23 trimmed existing stakes and 27 added.

The largest buyer was BlackRock Institutional Trust, adding an estimated $2.22M. The largest seller was Allianz Asset Management, exiting entirely with an estimated $1.78M sold.

  • 71 institutional investors held Bassett Furniture (BSET) as of Q4 2013, down from 78 in Q3 2013.
  • Funds reported $104M of Bassett Furniture stock for Q4 2013, down 2.6% quarter-over-quarter.
  • 7 funds opened new Bassett Furniture positions in Q4 2013 and 14 closed out, a net change of -7 holders.
  • The largest Bassett Furniture buyer in Q4 2013 was BlackRock Institutional Trust, an estimated $2.22M added.
  • The largest Bassett Furniture seller in Q4 2013 was Allianz Asset Management, an estimated $1.78M sold.

Based on aggregated 13F filings for Q4 2013.