Bassett Furniture
BSET
62 hedge funds and large institutions have $86M invested in Bassett Furniture in 2014 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 23 increasing their positions, 21 reducing their positions, and 14 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 21
10% less funds holding
Funds holding: 69 → 62 (-7)
15% less capital invested
Capital invested by funds: $102M → $86M (-$15.5M)
50% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$2.21M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$986K |
| 3 |
COPPSERS
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
|
+$812K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$720K |
| 5 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
+$714K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$3.62M |
| 2 |
State Street
Boston,
Massachusetts
|
-$2.23M |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$1.51M |
| 4 |
TCIM
TIAA CREF Investment Management
New York
|
-$776K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$548K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
AllianceBernstein
Nashville,
Tennessee
| – | -$12K | -786 | Closed |
|
BSET Hedge Fund Activity: Q2 2014 in Review
62 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Bassett Furniture (BSET) for Q2 2014, worth a combined $86M — down 15% from $102M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of BSET and 7 opened new positions — a net loss of 7 holders — while 21 trimmed existing stakes and 23 added.
The largest buyer was GAMCO Investors, adding an estimated $2.21M. The largest seller was BlackRock Fund Advisors, cutting an estimated $3.62M.
- 62 institutional investors held Bassett Furniture (BSET) as of Q2 2014, down from 69 in Q1 2014.
- Funds reported $86M of Bassett Furniture stock for Q2 2014, down 15% quarter-over-quarter.
- 7 funds opened new Bassett Furniture positions in Q2 2014 and 14 closed out, a net change of -7 holders.
- The largest Bassett Furniture buyer in Q2 2014 was GAMCO Investors, an estimated $2.21M added.
- The largest Bassett Furniture seller in Q2 2014 was BlackRock Fund Advisors, an estimated $3.62M sold.
Based on aggregated 13F filings for Q2 2014.