Bassett Furniture
BSET
96 hedge funds and large institutions have $214M invested in Bassett Furniture in 2018 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 40 increasing their positions, 24 reducing their positions, and 9 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 24
33% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 9
2% more funds holding
Funds holding: 94 → 96 (+2)
3.89% less ownership
Funds ownership: 76.09% → 72.2% (-3.9%)
14% less capital invested
Capital invested by funds: $248M → $214M (-$34.8M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $204K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$3.16M |
| 2 |
Renaissance Technologies
New York
|
+$3M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.82M |
| 4 |
GF
Gabelli Funds
Rye,
New York
|
+$1.14M |
| 5 |
Millennium Management
New York
|
+$1.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$14.6M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.68M |
| 3 |
AG
Algert Global
San Francisco,
California
|
-$1.42M |
| 4 |
MOACM
Mutual of America Capital Management
New York
|
-$1.31M |
| 5 |
BPM
Bowling Portfolio Management
Cincinnati,
Ohio
|
-$1.02M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ECM
101
Element Capital Management
New York
| – | -$228K | -7,500 | Closed |
|
|
SGAM
102
Smith Group Asset Management
Dallas,
Texas
| – | -$183K | -6,020 | Closed |
|
|
OSAM
103
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$109K | -3,576 | Closed |
|
|
JA
104
JOYN Advisors
Atlanta,
Georgia
| – | -$20K | -649 | Closed |
|
105
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | +$199 | +7 | New |
|
BSET Hedge Fund Activity: Q2 2018 in Review
96 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Bassett Furniture (BSET) for Q2 2018, worth a combined $214M — down 14% from $248M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new BSET positions and 9 closed out — a net gain of 3 holders — while 40 added to existing stakes and 24 trimmed.
The largest buyer was GAMCO Investors, adding an estimated $3.16M. The largest seller was Royce & Associates, cutting an estimated $14.6M.
- 96 institutional investors held Bassett Furniture (BSET) as of Q2 2018, up from 94 in Q1 2018.
- Funds reported $214M of Bassett Furniture stock for Q2 2018, down 14% quarter-over-quarter.
- 12 funds opened new Bassett Furniture positions in Q2 2018 and 9 closed out, a net change of +3 holders.
- The largest Bassett Furniture buyer in Q2 2018 was GAMCO Investors, an estimated $3.16M added.
- The largest Bassett Furniture seller in Q2 2018 was Royce & Associates, an estimated $14.6M sold.
Based on aggregated 13F filings for Q2 2018.