Broadway Financial
BYFC
22 hedge funds and large institutions have $11M invested in Broadway Financial in 2022 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 8 increasing their positions, 5 reducing their positions, and 9 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 5
0.48% less ownership
Funds ownership: 3.08% → 2.6% (-0.48%)
10% less capital invested
Capital invested by funds: $12.2M → $11M (-$1.22M)
27% less funds holding
Funds holding: 30 → 22 (-8)
89% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.06M |
| 2 |
EC
EJF Capital
Arlington,
Virginia
|
+$952K |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$102K |
| 4 |
Renaissance Technologies
New York
|
+$78.9K |
| 5 |
GWI
Grace & White Inc
Ny,
New York
|
+$53.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$3.02M |
| 2 |
AF
Ally Financial
Detroit,
Michigan
|
-$596K |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$283K |
| 4 |
Millennium Management
New York
|
-$110K |
| 5 |
Jane Street
New York
|
-$64K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VF
26
Virtu Financial
New York
| – | -$14K | -1,698 | Closed |
|
27
Squarepoint
New York
| – | -$14K | -1,679 | Closed |
|
|
CG
28
Cutler Group
San Francisco,
California
| – | -$43 | -5 | -8% |
|
29
Wells Fargo
San Francisco,
California
| – | +$26 | +3 | +10% |
|
BYFC Hedge Fund Activity: Q3 2022 in Review
22 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Broadway Financial (BYFC) for Q3 2022, worth a combined $11M — down 10% from $12.2M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of BYFC and 1 opened new positions — a net loss of 8 holders — while 5 trimmed existing stakes and 8 added.
The largest buyer was Vanguard Group, adding an estimated $1.06M. The largest seller was Philadelphia Financial Management of San Francisco, exiting entirely with an estimated $3.02M sold.
- 22 institutional investors held Broadway Financial (BYFC) as of Q3 2022, down from 30 in Q2 2022.
- Funds reported $11M of Broadway Financial stock for Q3 2022, down 10% quarter-over-quarter.
- 1 fund opened new Broadway Financial positions in Q3 2022 and 9 closed out, a net change of -8 holders.
- The largest Broadway Financial buyer in Q3 2022 was Vanguard Group, an estimated $1.06M added.
- The largest Broadway Financial seller in Q3 2022 was Philadelphia Financial Management of San Francisco, an estimated $3.02M sold.
Based on aggregated 13F filings for Q3 2022.