Bassett Furniture
BSET
78 hedge funds and large institutions have $106M invested in Bassett Furniture in 2013 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 21 increasing their positions, 33 reducing their positions, and 6 closing their positions.
100% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 6
8% more funds holding
Funds holding: 72 → 78 (+6)
7% more capital invested
Capital invested by funds: $99.2M → $106M (+$7.19M)
36% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
+$1.67M |
| 2 |
GGHC
Gilder Gagnon Howe & Co
New York
|
+$1.4M |
| 3 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
+$1.21M |
| 4 |
COPPSERS
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
|
+$935K |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$529K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AF
Aegis Financial
Mc Lean,
Virginia
|
-$1.89M |
| 2 |
CCM
Coe Capital Management
Highland Park,
Illinois
|
-$589K |
| 3 |
NJBEST
New Jersey Better Educational Savings Trust
Trenton,
New Jersey
|
-$540K |
| 4 |
Morgan Stanley
New York
|
-$514K |
| 5 |
Bank of New York Mellon
New York
|
-$217K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $155 | +$7.68K | +483 | +5% |
|
|
CCM
77
Coe Capital Management
Highland Park,
Illinois
| – | -$589K | -37,927 | Closed |
|
|
ARTA
78
A.R.T. Advisors
New York
| – | -$170K | -11,001 | Closed |
|
|
CBOA
79
Commonwealth Bank of Australia
Sydney, NSW,
Australia
| – | -$41K | -2,671 | Closed |
|
|
HPBT
80
High Point Bank & Trust
High Point,
North Carolina
| – | -$15K | -937 | Closed |
|
|
TRCT
81
Tower Research Capital (TRC)
New York
| – | -$4K | -271 | Closed |
|
|
SSG
82
Summit Securities Group
New York
| – | +$111 | +7 | New |
|
BSET Hedge Fund Activity: Q3 2013 in Review
78 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Bassett Furniture (BSET) for Q3 2013, worth a combined $106M — up 7.2% from $99.2M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new BSET positions and 6 closed out — a net gain of 6 holders — while 21 added to existing stakes and 33 trimmed.
The largest buyer was Northpointe Capital, opening a new position worth an estimated $1.67M. The largest seller was Aegis Financial, cutting an estimated $1.89M.
- 78 institutional investors held Bassett Furniture (BSET) as of Q3 2013, up from 72 in Q2 2013.
- Funds reported $106M of Bassett Furniture stock for Q3 2013, up 7.2% quarter-over-quarter.
- 12 funds opened new Bassett Furniture positions in Q3 2013 and 6 closed out, a net change of +6 holders.
- The largest Bassett Furniture buyer in Q3 2013 was Northpointe Capital, an estimated $1.67M added.
- The largest Bassett Furniture seller in Q3 2013 was Aegis Financial, an estimated $1.89M sold.
Based on aggregated 13F filings for Q3 2013.