Bassett Furniture
BSET
78 hedge funds and large institutions have $110M invested in Bassett Furniture in 2021 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 39 increasing their positions, 12 reducing their positions, and 13 closing their positions.
225% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 12
2.09% more ownership
Funds ownership: 59.32% → 61.41% (+2.1%)
6% less funds holding
Funds holding: 83 → 78 (-5)
23% less capital invested
Capital invested by funds: $143M → $110M (-$32.8M)
38% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 13
84% less call options, than puts
Call options by funds: $103K | Put options by funds: $640K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$2.16M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$1.05M |
| 3 |
Bank of New York Mellon
New York
|
+$797K |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$770K |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$721K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
-$1.6M |
| 2 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$1.13M |
| 3 |
EI
EAM Investors
Solana Beach,
California
|
-$1.04M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$878K |
| 5 |
Millennium Management
New York
|
-$708K |
BSET Hedge Fund Activity: Q3 2021 in Review
78 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Bassett Furniture (BSET) for Q3 2021, worth a combined $110M — down 23% from $143M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of BSET and 8 opened new positions — a net loss of 5 holders — while 12 trimmed existing stakes and 39 added.
The largest buyer was Jacobs Levy Equity Management, adding an estimated $2.16M. The largest seller was Foundry Partners, cutting an estimated $1.6M.
- 78 institutional investors held Bassett Furniture (BSET) as of Q3 2021, down from 83 in Q2 2021.
- Funds reported $110M of Bassett Furniture stock for Q3 2021, down 23% quarter-over-quarter.
- 8 funds opened new Bassett Furniture positions in Q3 2021 and 13 closed out, a net change of -5 holders.
- The largest Bassett Furniture buyer in Q3 2021 was Jacobs Levy Equity Management, an estimated $2.16M added.
- The largest Bassett Furniture seller in Q3 2021 was Foundry Partners, an estimated $1.6M sold.
Based on aggregated 13F filings for Q3 2021.