Bassett Furniture
BSET
79 hedge funds and large institutions have $107M invested in Bassett Furniture in 2019 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 33 increasing their positions, 24 reducing their positions, and 5 closing their positions.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
38% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 24
5% more funds holding
Funds holding: 75 → 79 (+4)
4% less capital invested
Capital invested by funds: $112M → $107M (-$4.62M)
2.43% less ownership
Funds ownership: 69.65% → 67.22% (-2.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$2.46M |
| 2 |
BlackRock
New York
|
+$1.25M |
| 3 |
HSBC Holdings
London,
United Kingdom
|
+$572K |
| 4 |
Two Sigma Investments
New York
|
+$390K |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$366K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$9.12M |
| 2 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$647K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$534K |
| 4 |
GF
Gabelli Funds
Rye,
New York
|
-$500K |
| 5 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$471K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCA
76
Berman Capital Advisors
Atlanta,
Georgia
| $6K | +$5.6K | +424 | New |
|
77
Bessemer Group
Woodbridge,
New Jersey
| $3K | – | – | – |
|
|
RA
78
Royce & Associates
New York
| – | -$9.12M | -598,000 | Closed |
|
79
First Trust Advisors
Wheaton,
Illinois
| – | -$273K | -17,906 | Closed |
|
|
PTC
80
Petrus Trust Company
Dallas,
Texas
| – | -$245K | -16,061 | Closed |
|
81
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$4K | -230 | Closed |
|
|
AG
82
Aperio Group
Sausalito,
California
| – | -$1K | -59 | Closed |
|
83
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | +$290 | +22 | New |
|
84
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | +$686 | +52 | New |
|
BSET Hedge Fund Activity: Q3 2019 in Review
79 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Bassett Furniture (BSET) for Q3 2019, worth a combined $107M — down 4.1% from $112M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new BSET positions and 5 closed out — a net gain of 4 holders — while 33 added to existing stakes and 24 trimmed.
The largest buyer was Foundry Partners, opening a new position worth an estimated $2.46M. The largest seller was Royce & Associates, exiting entirely with an estimated $9.12M sold.
- 79 institutional investors held Bassett Furniture (BSET) as of Q3 2019, up from 75 in Q2 2019.
- Funds reported $107M of Bassett Furniture stock for Q3 2019, down 4.1% quarter-over-quarter.
- 9 funds opened new Bassett Furniture positions in Q3 2019 and 5 closed out, a net change of +4 holders.
- The largest Bassett Furniture buyer in Q3 2019 was Foundry Partners, an estimated $2.46M added.
- The largest Bassett Furniture seller in Q3 2019 was Royce & Associates, an estimated $9.12M sold.
Based on aggregated 13F filings for Q3 2019.