Bassett Furniture
BSET
75 hedge funds and large institutions have $112M invested in Bassett Furniture in 2019 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 23 increasing their positions, 21 reducing their positions, and 9 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 21
0% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 9
0.33% less ownership
Funds ownership: 69.98% → 69.65% (-0.33%)
3% less funds holding
Funds holding: 77 → 75 (-2)
8% less capital invested
Capital invested by funds: $121M → $112M (-$9.71M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$826K |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$623K |
| 3 |
Renaissance Technologies
New York
|
+$383K |
| 4 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$353K |
| 5 |
PTC
Petrus Trust Company
Dallas,
Texas
|
+$258K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$1.8M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$710K |
| 3 |
GF
Gabelli Funds
Rye,
New York
|
-$388K |
| 4 |
AIM
Alambic Investment Management
Belvedere,
California
|
-$302K |
| 5 |
Two Sigma Investments
New York
|
-$279K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
76
Acadian Asset Management
Boston,
Massachusetts
| – | -$710K | -43,220 | Closed |
|
77
Marshall Wace
London,
United Kingdom
| – | -$276K | -16,834 | Closed |
|
|
SIM
78
Spark Investment Management
New York
| – | -$244K | -14,900 | Closed |
|
|
AG
79
Algert Global
San Francisco,
California
| – | -$164K | -10,009 | Closed |
|
|
TRCT
80
Tower Research Capital (TRC)
New York
| – | -$30K | -1,806 | Closed |
|
|
BFEC
81
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$5K | -310 | Closed |
|
82
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
| – | -$5K | -300 | Closed |
|
|
ST
83
Sageworth Trust
Lancaster,
Pennsylvania
| – | -$3K | -200 | Closed |
|
84
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$1K | -72 | Closed |
|
BSET Hedge Fund Activity: Q2 2019 in Review
75 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Bassett Furniture (BSET) for Q2 2019, worth a combined $112M — down 8% from $121M a quarter earlier.
Fund positioning in BSET was balanced in Q2 2019: 9 funds opened new positions, 9 closed out, 23 added to existing stakes and 21 trimmed.
The largest buyer was AJO LP, opening a new position worth an estimated $826K. The largest seller was Royce & Associates, cutting an estimated $1.8M.
- 75 institutional investors held Bassett Furniture (BSET) as of Q2 2019, down from 77 in Q1 2019.
- Funds reported $112M of Bassett Furniture stock for Q2 2019, down 8% quarter-over-quarter.
- 9 funds opened new Bassett Furniture positions in Q2 2019 and 9 closed out, a net change of 0 holders.
- The largest Bassett Furniture buyer in Q2 2019 was AJO LP, an estimated $826K added.
- The largest Bassett Furniture seller in Q2 2019 was Royce & Associates, an estimated $1.8M sold.
Based on aggregated 13F filings for Q2 2019.