Broadway Financial
BYFC
17 hedge funds and large institutions have $7.62M invested in Broadway Financial in 2023 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 3 reducing their positions, and 6 closing their positions.
233% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 3
15.86% more ownership
Funds ownership: 2.33% → 18.18% (+16%)
15% less funds holding
Funds holding: 20 → 17 (-3)
16% less capital invested
Capital invested by funds: $9.02M → $7.62M (-$1.4M)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
6CM
683 Capital Management
New York
|
+$200K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$116K |
| 3 |
Millennium Management
New York
|
+$85.8K |
| 4 |
WIM
Wittenberg Investment Management
Carlisle,
Massachusetts
|
+$21.9K |
| 5 |
GWI
Grace & White Inc
Ny,
New York
|
+$15.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
-$388K |
| 2 |
State Street
Boston,
Massachusetts
|
-$75.3K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$66.5K |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$62.7K |
| 5 |
Renaissance Technologies
New York
|
-$32.6K |
BYFC Hedge Fund Activity: Q4 2023 in Review
17 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Broadway Financial (BYFC) for Q4 2023, worth a combined $7.62M — down 16% from $9.02M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of BYFC and 3 opened new positions — a net loss of 3 holders — while 3 trimmed existing stakes and 10 added.
The largest buyer was 683 Capital Management, opening a new position worth an estimated $200K. The largest seller was EJF Capital, cutting an estimated $388K.
- 17 institutional investors held Broadway Financial (BYFC) as of Q4 2023, down from 20 in Q3 2023.
- Funds reported $7.62M of Broadway Financial stock for Q4 2023, down 16% quarter-over-quarter.
- 3 funds opened new Broadway Financial positions in Q4 2023 and 6 closed out, a net change of -3 holders.
- The largest Broadway Financial buyer in Q4 2023 was 683 Capital Management, an estimated $200K added.
- The largest Broadway Financial seller in Q4 2023 was EJF Capital, an estimated $388K sold.
Based on aggregated 13F filings for Q4 2023.