Broadway Financial
BYFC
9 hedge funds and large institutions have $3.47M invested in Broadway Financial in 2019 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 3 closing their positions.
0.12% less ownership
Funds ownership: 1.72% → 1.6% (-0.12%)
3% less capital invested
Capital invested by funds: $3.57M → $3.47M (-$95K)
10% less funds holding
Funds holding: 10 → 9 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$1.39K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$388 |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$302 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WS
Wedbush Securities
Los Angeles,
California
|
-$91.2K |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$57K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$6K |
| 4 |
Millennium Management
New York
|
-$2.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GWI
1
Grace & White Inc
Ny,
New York
| $2.28M | – | – | – |
|
2
US Bancorp
Minneapolis,
Minnesota
| $627K | – | – | – |
|
3
Vanguard Group
Malvern,
Pennsylvania
| $447K | – | – | – |
|
|
WS
4
Wedbush Securities
Los Angeles,
California
| $61K | -$91.2K | -8,454 | -61% |
|
|
5
Millennium Management
New York
| $47K | -$2.9K | -269 | -6% |
|
|
6
BlackRock
New York
| $12K | +$1.39K | +129 | +14% |
|
7
Morgan Stanley
New York
| $1K | – | – | – |
|
|
8
Citadel Advisors
Miami,
Florida
| – | -$57K | -5,292 | Closed |
|
|
9
UBS Group
Zurich,
Switzerland
| – | -$6K | -547 | Closed |
|
|
TRCT
10
Tower Research Capital (TRC)
New York
| – | +$302 | +28 | New |
|
|
11
Bank of America
Charlotte,
North Carolina
| – | +$388 | +36 | New |
|
BYFC Hedge Fund Activity: Q2 2019 in Review
9 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Broadway Financial (BYFC) for Q2 2019, worth a combined $3.47M — down 2.7% from $3.57M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of BYFC and 2 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 1 added.
The largest buyer was BlackRock, adding an estimated $1.39K. The largest seller was Wedbush Securities, cutting an estimated $91.2K.
- 9 institutional investors held Broadway Financial (BYFC) as of Q2 2019, down from 10 in Q1 2019.
- Funds reported $3.47M of Broadway Financial stock for Q2 2019, down 2.7% quarter-over-quarter.
- 2 funds opened new Broadway Financial positions in Q2 2019 and 3 closed out, a net change of -1 holder.
- The largest Broadway Financial buyer in Q2 2019 was BlackRock, an estimated $1.39K added.
- The largest Broadway Financial seller in Q2 2019 was Wedbush Securities, an estimated $91.2K sold.
Based on aggregated 13F filings for Q2 2019.