Broadway Financial
BYFC
8 hedge funds and large institutions have $4.39M invested in Broadway Financial in 2016 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 1 reducing their positions, and 6 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 1
44% more capital invested
Capital invested by funds: $3.04M → $4.39M (+$1.35M)
1.57% more ownership
Funds ownership: 0% → 1.57% (+1.6%)
33% less funds holding
Funds holding: 12 → 8 (-4)
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
+$1.34M |
| 2 |
GWI
Grace & White Inc
Ny,
New York
|
+$16.1K |
| 3 |
WOC
West Oak Capital
Westlake Village,
California
|
+$1.61K |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$863 |
| 5 |
WS
Wedbush Securities
Los Angeles,
California
|
+$592 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$22K |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$21K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$7K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$7K |
| 5 |
Goldman Sachs
New York
|
-$1.94K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GWI
1
Grace & White Inc
Ny,
New York
| $2.21M | +$16.1K | +1,250 | +0.7% |
|
|
JMPWA
2
JP Morgan Private Wealth Advisors
San Francisco,
California
| $1.36M | +$1.34M | +104,308 | New |
|
3
US Bancorp
Minneapolis,
Minnesota
| $613K | – | – | – |
|
|
WS
4
Wedbush Securities
Los Angeles,
California
| $164K | +$592 | +46 | +0.4% |
|
|
5
Goldman Sachs
New York
| $29K | -$1.94K | -151 | -6% |
|
|
BFA
6
BlackRock Fund Advisors
San Francisco,
California
| $3K | +$863 | +67 | +48% |
|
|
WOC
7
West Oak Capital
Westlake Village,
California
| $1.64K | +$1.61K | +125 | New |
|
8
Morgan Stanley
New York
| $1K | +$167 | +13 | +32% |
|
|
9
Millennium Management
New York
| – | -$22K | -1,543 | Closed |
|
|
10
Citadel Advisors
Miami,
Florida
| – | -$21K | -1,468 | Closed |
|
|
11
UBS Group
Zurich,
Switzerland
| – | -$7K | -559 | Closed |
|
|
12
Bank of America
Charlotte,
North Carolina
| – | -$7K | -464 | Closed |
|
13
Acadian Asset Management
Boston,
Massachusetts
| – | -$1K | -51 | Closed |
|
|
TRCT
14
Tower Research Capital (TRC)
New York
| – | -$1K | -50 | Closed |
|
BYFC Hedge Fund Activity: Q4 2016 in Review
8 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Broadway Financial (BYFC) for Q4 2016, worth a combined $4.39M — up 44% from $3.04M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of BYFC and 2 opened new positions — a net loss of 4 holders — while 1 trimmed existing stakes and 4 added.
The largest buyer was JP Morgan Private Wealth Advisors, opening a new position worth an estimated $1.34M. The largest seller was Millennium Management, exiting entirely with an estimated $22K sold.
- 8 institutional investors held Broadway Financial (BYFC) as of Q4 2016, down from 12 in Q3 2016.
- Funds reported $4.39M of Broadway Financial stock for Q4 2016, up 44% quarter-over-quarter.
- 2 funds opened new Broadway Financial positions in Q4 2016 and 6 closed out, a net change of -4 holders.
- The largest Broadway Financial buyer in Q4 2016 was JP Morgan Private Wealth Advisors, an estimated $1.34M added.
- The largest Broadway Financial seller in Q4 2016 was Millennium Management, an estimated $22K sold.
Based on aggregated 13F filings for Q4 2016.