Broadway Financial
BYFC
24 hedge funds and large institutions have $10.4M invested in Broadway Financial in 2023 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 6 increasing their positions, 6 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
9% more funds holding
Funds holding: 22 → 24 (+2)
0% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 6
0.25% less ownership
Funds ownership: 2.91% → 2.65% (-0.25%)
5% less capital invested
Capital invested by funds: $11M → $10.4M (-$566K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$103K |
| 2 |
SM
Salzhauer Michael
|
+$88.2K |
| 3 |
Renaissance Technologies
New York
|
+$85.1K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$81.1K |
| 5 |
WIM
Wittenberg Investment Management
Carlisle,
Massachusetts
|
+$71.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
-$1.04M |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$412K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$36K |
| 4 |
Millennium Management
New York
|
-$30K |
| 5 |
Jane Street
New York
|
-$12.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Millennium Management
New York
| – | -$30K | -3,672 | Closed |
|
|
27
Jane Street
New York
| – | -$12.2K | -1,506 | Closed |
|
28
Simplex Trading
Chicago,
Illinois
| – | -$1.25K | -133 | Closed |
|
BYFC Hedge Fund Activity: Q1 2023 in Review
24 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Broadway Financial (BYFC) for Q1 2023, worth a combined $10.4M — down 5.1% from $11M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new BYFC positions and 4 closed out — a net gain of 2 holders — while 6 added to existing stakes and 6 trimmed.
The largest buyer was Vanguard Group, adding an estimated $103K. The largest seller was EJF Capital, cutting an estimated $1.04M.
- 24 institutional investors held Broadway Financial (BYFC) as of Q1 2023, up from 22 in Q4 2022.
- Funds reported $10.4M of Broadway Financial stock for Q1 2023, down 5.1% quarter-over-quarter.
- 6 funds opened new Broadway Financial positions in Q1 2023 and 4 closed out, a net change of +2 holders.
- The largest Broadway Financial buyer in Q1 2023 was Vanguard Group, an estimated $103K added.
- The largest Broadway Financial seller in Q1 2023 was EJF Capital, an estimated $1.04M sold.
Based on aggregated 13F filings for Q1 2023.