Bassett Furniture
BSET
102 hedge funds and large institutions have $241M invested in Bassett Furniture in 2016 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 27 increasing their positions, 37 reducing their positions, and 13 closing their positions.
701% more call options, than puts
Call options by funds: $561K | Put options by funds: $70K
28% more capital invested
Capital invested by funds: $188M → $241M (+$52.9M)
15% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 13
2% more funds holding
Funds holding: 100 → 102 (+2)
27% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$13.6M |
| 2 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
+$2.86M |
| 3 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$1.38M |
| 4 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
+$1.17M |
| 5 |
Morgan Stanley
New York
|
+$1.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$3.37M |
| 2 |
Millennium Management
New York
|
-$2.4M |
| 3 |
MOACM
Mutual of America Capital Management
New York
|
-$2.15M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$1.73M |
| 5 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
-$1.71M |
BSET Hedge Fund Activity: Q1 2016 in Review
102 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Bassett Furniture (BSET) for Q1 2016, worth a combined $241M — up 28% from $188M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new BSET positions and 13 closed out — a net gain of 2 holders — while 27 added to existing stakes and 37 trimmed.
The largest buyer was Royce & Associates, adding an estimated $13.6M. The largest seller was Driehaus Capital Management, exiting entirely with an estimated $3.37M sold.
- 102 institutional investors held Bassett Furniture (BSET) as of Q1 2016, up from 100 in Q4 2015.
- Funds reported $241M of Bassett Furniture stock for Q1 2016, up 28% quarter-over-quarter.
- 15 funds opened new Bassett Furniture positions in Q1 2016 and 13 closed out, a net change of +2 holders.
- The largest Bassett Furniture buyer in Q1 2016 was Royce & Associates, an estimated $13.6M added.
- The largest Bassett Furniture seller in Q1 2016 was Driehaus Capital Management, an estimated $3.37M sold.
Based on aggregated 13F filings for Q1 2016.