Bassett Furniture
BSET
93 hedge funds and large institutions have $231M invested in Bassett Furniture in 2016 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 30 increasing their positions, 35 reducing their positions, and 11 closing their positions.
70.34% more ownership
Funds ownership: 0% → 70.34% (+70%)
30% more capital invested
Capital invested by funds: $178M → $231M (+$53.1M)
3% less funds holding
Funds holding: 96 → 93 (-3)
14% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 35
18% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$2.12M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$1.3M |
| 3 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
+$873K |
| 4 |
Bessemer Group
Woodbridge,
New Jersey
|
+$658K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$451K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WC
Walthausen & Co
Malta,
New York
|
-$2.72M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$2.44M |
| 3 |
MOACM
Mutual of America Capital Management
New York
|
-$1.19M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$545K |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$401K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
New York State Teachers Retirement System (NYSTRS)
Albany,
New York
| – | -$21K | -900 | Closed |
|
102
Simplex Trading
Chicago,
Illinois
| – | -$19K | -702 | Closed |
|
103
US Bancorp
Minneapolis,
Minnesota
| – | -$1K | -40 | Closed |
|
BSET Hedge Fund Activity: Q4 2016 in Review
93 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Bassett Furniture (BSET) for Q4 2016, worth a combined $231M — up 30% from $178M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of BSET and 9 opened new positions — a net loss of 2 holders — while 35 trimmed existing stakes and 30 added.
The largest buyer was Royce & Associates, adding an estimated $2.12M. The largest seller was Walthausen & Co, cutting an estimated $2.72M.
- 93 institutional investors held Bassett Furniture (BSET) as of Q4 2016, down from 96 in Q3 2016.
- Funds reported $231M of Bassett Furniture stock for Q4 2016, up 30% quarter-over-quarter.
- 9 funds opened new Bassett Furniture positions in Q4 2016 and 11 closed out, a net change of -2 holders.
- The largest Bassett Furniture buyer in Q4 2016 was Royce & Associates, an estimated $2.12M added.
- The largest Bassett Furniture seller in Q4 2016 was Walthausen & Co, an estimated $2.72M sold.
Based on aggregated 13F filings for Q4 2016.