Bassett Furniture
BSET
97 hedge funds and large institutions have $187M invested in Bassett Furniture in 2016 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 33 increasing their positions, 32 reducing their positions, and 13 closing their positions.
295% more call options, than puts
Call options by funds: $233K | Put options by funds: $59K
3% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 32
5% less funds holding
Funds holding: 102 → 97 (-5)
22% less capital invested
Capital invested by funds: $241M → $187M (-$53.9M)
31% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$6.85M |
| 2 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
+$2.8M |
| 3 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$2.78M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$706K |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
+$595K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Catalyst Capital Advisors
Huntington,
New York
|
-$1.43M |
| 2 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$1.26M |
| 3 |
WI
WBI Investments
Red Bank,
New Jersey
|
-$1.15M |
| 4 |
CEP
Chicago Equity Partners
Chicago,
Illinois
|
-$1.11M |
| 5 |
Renaissance Technologies
New York
|
-$821K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MC
101
Menta Capital
San Francisco,
California
| – | -$545K | -17,116 | Closed |
|
|
HHC
102
Hutchin Hill Capital
New York
| – | -$445K | -13,959 | Closed |
|
103
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$414K | -13,005 | Closed |
|
|
DTL
104
Dynamic Technology Lab
Singapore
| – | -$373K | -11,722 | Closed |
|
|
MERSOM
105
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
| – | -$335K | -10,500 | Closed |
|
|
SSWM
106
Sheets Smith Wealth Management
Winston-Salem,
North Carolina
| – | -$334K | -10,476 | Closed |
|
|
AIM
107
Acrospire Investment Management
Chicago,
Illinois
| – | -$273K | -8,556 | Closed |
|
|
TDC
108
Thompson Davis & Co
Richmond,
Virginia
| – | -$165K | -5,189 | Closed |
|
109
Barclays
London,
United Kingdom
| – | -$24.6K | -848 | -98% |
|
BSET Hedge Fund Activity: Q2 2016 in Review
97 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Bassett Furniture (BSET) for Q2 2016, worth a combined $187M — down 22% from $241M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of BSET and 9 opened new positions — a net loss of 4 holders — while 32 trimmed existing stakes and 33 added.
The largest buyer was Royce & Associates, adding an estimated $6.85M. The largest seller was Catalyst Capital Advisors, exiting entirely with an estimated $1.43M sold.
- 97 institutional investors held Bassett Furniture (BSET) as of Q2 2016, down from 102 in Q1 2016.
- Funds reported $187M of Bassett Furniture stock for Q2 2016, down 22% quarter-over-quarter.
- 9 funds opened new Bassett Furniture positions in Q2 2016 and 13 closed out, a net change of -4 holders.
- The largest Bassett Furniture buyer in Q2 2016 was Royce & Associates, an estimated $6.85M added.
- The largest Bassett Furniture seller in Q2 2016 was Catalyst Capital Advisors, an estimated $1.43M sold.
Based on aggregated 13F filings for Q2 2016.