Bassett Furniture
BSET
55 hedge funds and large institutions have $74.9M invested in Bassett Furniture in 2020 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 12 increasing their positions, 21 reducing their positions, and 13 closing their positions.
80% more capital invested
Capital invested by funds: $41.5M → $74.9M (+$33.4M)
1.84% less ownership
Funds ownership: 56.63% → 54.8% (-1.8%)
8% less funds holding
Funds holding: 60 → 55 (-5)
38% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 13
43% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
+$1.63M |
| 2 |
Goldman Sachs
New York
|
+$1.34M |
| 3 |
Morgan Stanley
New York
|
+$1.24M |
| 4 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$688K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$663K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$1.36M |
| 2 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
-$1.18M |
| 3 |
NSIM
North Star Investment Management
Chicago,
Illinois
|
-$822K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$695K |
| 5 |
TA
Teton Advisors
Rye,
New York
|
-$616K |
BSET Hedge Fund Activity: Q3 2020 in Review
55 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Bassett Furniture (BSET) for Q3 2020, worth a combined $74.9M — up 80% from $41.5M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of BSET and 8 opened new positions — a net loss of 5 holders — while 21 trimmed existing stakes and 12 added.
The largest buyer was THB Asset Management, opening a new position worth an estimated $1.63M. The largest seller was Renaissance Technologies, cutting an estimated $1.36M.
- 55 institutional investors held Bassett Furniture (BSET) as of Q3 2020, down from 60 in Q2 2020.
- Funds reported $74.9M of Bassett Furniture stock for Q3 2020, up 80% quarter-over-quarter.
- 8 funds opened new Bassett Furniture positions in Q3 2020 and 13 closed out, a net change of -5 holders.
- The largest Bassett Furniture buyer in Q3 2020 was THB Asset Management, an estimated $1.63M added.
- The largest Bassett Furniture seller in Q3 2020 was Renaissance Technologies, an estimated $1.36M sold.
Based on aggregated 13F filings for Q3 2020.