Bassett Furniture
BSET
60 hedge funds and large institutions have $41.5M invested in Bassett Furniture in 2020 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 12 increasing their positions, 25 reducing their positions, and 24 closing their positions.
18% more capital invested
Capital invested by funds: $35.1M → $41.5M (+$6.48M)
7.09% less ownership
Funds ownership: 63.72% → 56.63% (-7.1%)
15% less funds holding
Funds holding: 71 → 60 (-11)
46% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 24
52% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$971K |
| 2 |
RC
RBF Capital
San Francisco,
California
|
+$847K |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$606K |
| 4 |
TI
Trexquant Investment
Stamford,
Connecticut
|
+$514K |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$320K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$3.06M |
| 2 |
State Street
Boston,
Massachusetts
|
-$1.13M |
| 3 |
TA
Teton Advisors
Rye,
New York
|
-$592K |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$561K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
-$368K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$16K | -3,005 | Closed |
|
77
Citigroup
New York
| – | -$15K | -2,803 | Closed |
|
78
Ohio Public Employees Retirement System (OPERS)
Columbus,
Ohio
| – | -$15K | -2,763 | Closed |
|
|
MAM
79
Meeder Asset Management
Dublin,
Ohio
| – | -$17.3K | -2,747 | -98% |
|
80
Legal & General Group
London,
United Kingdom
| – | -$7K | -1,255 | Closed |
|
|
AIP
81
Ameritas Investment Partners
Lincoln,
Nebraska
| – | -$5K | -830 | Closed |
|
82
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$4K | -718 | Closed |
|
83
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$2K | -312 | Closed |
|
|
TRCT
84
Tower Research Capital (TRC)
New York
| – | -$1K | -171 | Closed |
|
BSET Hedge Fund Activity: Q2 2020 in Review
60 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Bassett Furniture (BSET) for Q2 2020, worth a combined $41.5M — up 18% from $35.1M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of BSET and 13 opened new positions — a net loss of 11 holders — while 25 trimmed existing stakes and 12 added.
The largest buyer was Foundry Partners, adding an estimated $971K. The largest seller was BlackRock, cutting an estimated $3.06M.
- 60 institutional investors held Bassett Furniture (BSET) as of Q2 2020, down from 71 in Q1 2020.
- Funds reported $41.5M of Bassett Furniture stock for Q2 2020, up 18% quarter-over-quarter.
- 13 funds opened new Bassett Furniture positions in Q2 2020 and 24 closed out, a net change of -11 holders.
- The largest Bassett Furniture buyer in Q2 2020 was Foundry Partners, an estimated $971K added.
- The largest Bassett Furniture seller in Q2 2020 was BlackRock, an estimated $3.06M sold.
Based on aggregated 13F filings for Q2 2020.