B. Riley Financial Inc (RILY) : Standard General added new position in B. Riley Financial Inc during the most recent quarter end. The investment management firm now holds 500,000 shares of B. Riley Financial Inc which is valued at $4,535,000 , the company said in a statement filed on Aug 15, 2016 with the SEC.B. Riley Financial Inc makes up approximately 1.77% of Standard General’s portfolio.
Other Hedge Funds, Including , Maltese Capital Management sold out all of its stake in RILY during the most recent quarter. The investment firm sold 746 shares of RILY which is valued $6,766. Vanguard Group Inc added RILY to its portfolio by purchasing 15,793 company shares during the most recent quarter which is valued at $143,243. Blair William Coil added RILY to its portfolio by purchasing 17,315 company shares during the most recent quarter which is valued at $158,952. Equitec Specialists added RILY to its portfolio by purchasing 2,000,000 company shares during the most recent quarter which is valued at $18,360,000. B. Riley Financial Inc makes up approx 4.48% of Equitec Specialists’s portfolio.
B. Riley Financial Inc. formerly Great American Group Inc. is an investment bank with offices in Los Angeles Orange County San Francisco and New York. The Company is a provider of asset disposition valuation and appraisal services to a wide range of retail wholesale and industrial clients as well as lenders capital providers private equity investors and professional service firms throughout the United States Canada and Europe. The Company operates in three segments. The capital markets segment provides investment banking corporate finance research sales and trading services to corporate institutional and high net worth clients. The divisions in the auction and liquidation segment provide clients with capital advisory and financing services. The valuation and appraisal services segment provides its clients with independent appraisals in connection with asset based loans acquisitions divestitures and other business needs.