Bassett Furniture
BSET
75 hedge funds and large institutions have $127M invested in Bassett Furniture in 2014 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 20 increasing their positions, 22 reducing their positions, and 4 closing their positions.
325% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 4
46% more capital invested
Capital invested by funds: $86.7M → $127M (+$40M)
15% more funds holding
Funds holding: 65 → 75 (+10)
9% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$2.43M |
| 2 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$2.41M |
| 3 |
EI
EAM Investors
Solana Beach,
California
|
+$1.84M |
| 4 |
Renaissance Technologies
New York
|
+$1.26M |
| 5 |
Morgan Stanley
New York
|
+$1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DSC
Donald Smith & Co
New York
|
-$6.57M |
| 2 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$491K |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$466K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$364K |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$253K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TDC
76
Thompson Davis & Co
Richmond,
Virginia
| – | -$206K | -15,044 | Closed |
|
|
LP
77
LMR Partners
London,
United Kingdom
| – | -$191K | -13,965 | Closed |
|
|
MC
78
Moors & Cabot
Boston,
Massachusetts
| – | -$188K | -13,750 | Closed |
|
79
SEI Investments
Oaks,
Pennsylvania
| – | +$1.04K | +58 | New |
|
BSET Hedge Fund Activity: Q4 2014 in Review
75 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Bassett Furniture (BSET) for Q4 2014, worth a combined $127M — up 46% from $86.7M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new BSET positions and 4 closed out — a net gain of 13 holders — while 20 added to existing stakes and 22 trimmed.
The largest buyer was Numeric Investors, adding an estimated $2.43M. The largest seller was Donald Smith & Co, cutting an estimated $6.57M.
- 75 institutional investors held Bassett Furniture (BSET) as of Q4 2014, up from 65 in Q3 2014.
- Funds reported $127M of Bassett Furniture stock for Q4 2014, up 46% quarter-over-quarter.
- 17 funds opened new Bassett Furniture positions in Q4 2014 and 4 closed out, a net change of +13 holders.
- The largest Bassett Furniture buyer in Q4 2014 was Numeric Investors, an estimated $2.43M added.
- The largest Bassett Furniture seller in Q4 2014 was Donald Smith & Co, an estimated $6.57M sold.
Based on aggregated 13F filings for Q4 2014.