Bassett Furniture
BSET
77 hedge funds and large institutions have $121M invested in Bassett Furniture in 2019 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 25 increasing their positions, 26 reducing their positions, and 9 closing their positions.
0.24% less ownership
Funds ownership: 70.22% → 69.98% (-0.24%)
4% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 26
1% less funds holding
Funds holding: 78 → 77 (-1)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
19% less capital invested
Capital invested by funds: $150M → $121M (-$28.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$1.61M |
| 2 |
RA
Royce & Associates
New York
|
+$1.37M |
| 3 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$913K |
| 4 |
AIM
Alambic Investment Management
Belvedere,
California
|
+$704K |
| 5 |
Renaissance Technologies
New York
|
+$666K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WC
Walthausen & Co
Malta,
New York
|
-$4.56M |
| 2 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$936K |
| 3 |
AG
Algert Global
San Francisco,
California
|
-$639K |
| 4 |
Russell Investments Group
London,
United Kingdom
|
-$558K |
| 5 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$334K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Bessemer Group
Woodbridge,
New Jersey
| $3K | – | – | – |
|
77
Royal Bank of Canada
Toronto,
Ontario, Canada
| $1K | +$1.37K | +72 | New |
|
|
WC
78
Walthausen & Co
Malta,
New York
| – | -$4.56M | -227,650 | Closed |
|
|
PAM
79
Panagora Asset Management
Boston,
Massachusetts
| – | -$936K | -46,691 | Closed |
|
80
AQR Capital Management
Greenwich,
Connecticut
| – | -$242K | -12,069 | Closed |
|
81
Allianz Asset Management
Munich,
Germany
| – | -$240K | -11,978 | Closed |
|
|
MIM
82
MetLife Investment Management
Whippany,
New Jersey
| – | -$100K | -4,989 | Closed |
|
|
MLICM
83
Metropolitan Life Insurance Company (MetLife)
New York
| – | -$73.2K | -3,654 | Closed |
|
|
MWNA
84
Marshall Wace North America
New York
| – | -$9K | -437 | Closed |
|
85
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$4K | -207 | Closed |
|
86
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$3K | -141 | Closed |
|
BSET Hedge Fund Activity: Q1 2019 in Review
77 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Bassett Furniture (BSET) for Q1 2019, worth a combined $121M — down 19% from $150M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of BSET and 8 opened new positions — a net loss of 1 holder — while 26 trimmed existing stakes and 25 added.
The largest buyer was JP Morgan Chase, adding an estimated $1.61M. The largest seller was Walthausen & Co, exiting entirely with an estimated $4.56M sold.
- 77 institutional investors held Bassett Furniture (BSET) as of Q1 2019, down from 78 in Q4 2018.
- Funds reported $121M of Bassett Furniture stock for Q1 2019, down 19% quarter-over-quarter.
- 8 funds opened new Bassett Furniture positions in Q1 2019 and 9 closed out, a net change of -1 holder.
- The largest Bassett Furniture buyer in Q1 2019 was JP Morgan Chase, an estimated $1.61M added.
- The largest Bassett Furniture seller in Q1 2019 was Walthausen & Co, an estimated $4.56M sold.
Based on aggregated 13F filings for Q1 2019.