Bassett Furniture
BSET
91 hedge funds and large institutions have $293M invested in Bassett Furniture in 2017 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 21 increasing their positions, 42 reducing their positions, and 3 closing their positions.
233% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 3
43% more capital invested
Capital invested by funds: $204M → $293M (+$88.6M)
8% more funds holding
Funds holding: 84 → 91 (+7)
1.15% more ownership
Funds ownership: 70.7% → 71.86% (+1.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
50% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 42
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$5.78M |
| 2 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$1.13M |
| 3 |
SCM
SG Capital Management
Chicago,
Illinois
|
+$1.05M |
| 4 |
CCM
Cadence Capital Management
Boston,
Massachusetts
|
+$938K |
| 5 |
State Street
Boston,
Massachusetts
|
+$364K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$978K |
| 2 |
JP Morgan Chase
New York
|
-$516K |
| 3 |
MOACM
Mutual of America Capital Management
New York
|
-$463K |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$452K |
| 5 |
Two Sigma Investments
New York
|
-$443K |
BSET Hedge Fund Activity: Q2 2017 in Review
91 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Bassett Furniture (BSET) for Q2 2017, worth a combined $293M — up 43% from $204M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new BSET positions and 3 closed out — a net gain of 7 holders — while 21 added to existing stakes and 42 trimmed.
The largest buyer was Royce & Associates, adding an estimated $5.78M. The largest seller was THB Asset Management, cutting an estimated $978K.
- 91 institutional investors held Bassett Furniture (BSET) as of Q2 2017, up from 84 in Q1 2017.
- Funds reported $293M of Bassett Furniture stock for Q2 2017, up 43% quarter-over-quarter.
- 10 funds opened new Bassett Furniture positions in Q2 2017 and 3 closed out, a net change of +7 holders.
- The largest Bassett Furniture buyer in Q2 2017 was Royce & Associates, an estimated $5.78M added.
- The largest Bassett Furniture seller in Q2 2017 was THB Asset Management, an estimated $978K sold.
Based on aggregated 13F filings for Q2 2017.