Bassett Furniture
BSET
78 hedge funds and large institutions have $150M invested in Bassett Furniture in 2018 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 34 increasing their positions, 24 reducing their positions, and 8 closing their positions.
42% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 24
3% less funds holding
Funds holding: 80 → 78 (-2)
2.58% less ownership
Funds ownership: 72.8% → 70.22% (-2.6%)
9% less capital invested
Capital invested by funds: $165M → $150M (-$14.9M)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WC
Walthausen & Co
Malta,
New York
|
+$1.38M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
+$976K |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$800K |
| 4 |
BlackRock
New York
|
+$680K |
| 5 |
Bank of New York Mellon
New York
|
+$504K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$2.66M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.72M |
| 3 |
Renaissance Technologies
New York
|
-$1.43M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$1.39M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$995K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Bessemer Group
Woodbridge,
New Jersey
| $4K | -$379K | -18,707 | -99% |
|
77
Canada Life
Winnipeg,
Manitoba, Canada
| $4K | +$1.6K | +79 | +62% |
|
78
Bank of Montreal
Toronto,
Ontario, Canada
| $3K | +$1.42K | +70 | +99% |
|
|
SRAM
79
Stone Ridge Asset Management
New York
| – | -$337K | -15,874 | Closed |
|
|
CCG
80
Chatham Capital Group
Savannah,
Georgia
| – | -$237K | -11,165 | Closed |
|
|
TI
81
Trexquant Investment
Stamford,
Connecticut
| – | -$205K | -9,634 | Closed |
|
82
Walleye Trading
New York
| – | -$45K | -2,100 | Closed |
|
83
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$36K | -1,677 | Closed |
|
|
SIC
84
Salem Investment Counselors
Winston Salem,
North Carolina
| – | -$23K | -1,100 | Closed |
|
|
WCAMG
85
Woodard & Company Asset Management Group
Bermuda Run,
North Carolina
| – | -$22K | -1,025 | Closed |
|
86
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$6K | -282 | Closed |
|
BSET Hedge Fund Activity: Q4 2018 in Review
78 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Bassett Furniture (BSET) for Q4 2018, worth a combined $150M — down 9% from $165M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of BSET and 6 opened new positions — a net loss of 2 holders — while 24 trimmed existing stakes and 34 added.
The largest buyer was Walthausen & Co, adding an estimated $1.38M. The largest seller was Royce & Associates, cutting an estimated $2.66M.
- 78 institutional investors held Bassett Furniture (BSET) as of Q4 2018, down from 80 in Q3 2018.
- Funds reported $150M of Bassett Furniture stock for Q4 2018, down 9% quarter-over-quarter.
- 6 funds opened new Bassett Furniture positions in Q4 2018 and 8 closed out, a net change of -2 holders.
- The largest Bassett Furniture buyer in Q4 2018 was Walthausen & Co, an estimated $1.38M added.
- The largest Bassett Furniture seller in Q4 2018 was Royce & Associates, an estimated $2.66M sold.
Based on aggregated 13F filings for Q4 2018.