Broadway Financial
BYFC
12 hedge funds and large institutions have $3.15M invested in Broadway Financial in 2020 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
20% more funds holding
Funds holding: 10 → 12 (+2)
0.04% less ownership
Funds ownership: 1.6% → 1.56% (-0.04%)
16% less capital invested
Capital invested by funds: $3.76M → $3.15M (-$607K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TSS
Two Sigma Securities
New York
|
+$15.5K |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$3.88K |
| 3 |
Millennium Management
New York
|
+$2.91K |
| 4 |
BlackRock
New York
|
+$833 |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$117 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WS
Wedbush Securities
Los Angeles,
California
|
-$80K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$141 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GWI
1
Grace & White Inc
Ny,
New York
| $2.1M | – | – | – |
|
2
US Bancorp
Minneapolis,
Minnesota
| $579K | – | – | – |
|
3
Vanguard Group
Malvern,
Pennsylvania
| $412K | – | – | – |
|
|
4
Millennium Management
New York
| $27K | +$2.91K | +248 | +10% |
|
|
TSS
5
Two Sigma Securities
New York
| $14K | +$15.5K | +1,324 | New |
|
|
6
BlackRock
New York
| $13K | +$833 | +71 | +6% |
|
|
7
Victory Capital Management
San Antonio,
Texas
| $4K | +$3.88K | +331 | New |
|
|
8
UBS Group
Zurich,
Switzerland
| $2K | -$141 | -12 | -7% |
|
9
Morgan Stanley
New York
| $1K | – | – | – |
|
|
PAM
10
Panagora Asset Management
Boston,
Massachusetts
| $1K | – | – | – |
|
|
WS
11
Wedbush Securities
Los Angeles,
California
| – | -$80K | -6,482 | Closed |
|
12
Wells Fargo
San Francisco,
California
| – | +$70 | +6 | New |
|
|
TRCT
13
Tower Research Capital (TRC)
New York
| – | +$117 | +10 | +71% |
|
BYFC Hedge Fund Activity: Q1 2020 in Review
12 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Broadway Financial (BYFC) for Q1 2020, worth a combined $3.15M — down 16% from $3.76M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new BYFC positions and 1 closed out — a net gain of 2 holders — while 3 added to existing stakes and 1 trimmed.
The largest buyer was Two Sigma Securities, opening a new position worth an estimated $15.5K. The largest seller was Wedbush Securities, exiting entirely with an estimated $80K sold.
- 12 institutional investors held Broadway Financial (BYFC) as of Q1 2020, up from 10 in Q4 2019.
- Funds reported $3.15M of Broadway Financial stock for Q1 2020, down 16% quarter-over-quarter.
- 3 funds opened new Broadway Financial positions in Q1 2020 and 1 closed out, a net change of +2 holders.
- The largest Broadway Financial buyer in Q1 2020 was Two Sigma Securities, an estimated $15.5K added.
- The largest Broadway Financial seller in Q1 2020 was Wedbush Securities, an estimated $80K sold.
Based on aggregated 13F filings for Q1 2020.