13F-HR: B. Riley Financial, Inc. Discloses Q2 2024 Holdings, Valued at $123.14 Million

B. Riley Financial, Inc. reports its holdings for the quarter ended June 30, 2024, with a total value of approximately $123.14 million across 16 holdings.

Summary

• B. Riley Financial, Inc. filed its Form 13F holdings report for the quarter ended June 30, 2024.
• The report indicates a total portfolio value of $123,139,644.
• The firm's holdings include 16 different securities.
• The largest holding is Babcock & Wilcox Enterprises COM with a value of $39,797,457 and 27,446,522 shares.
• Doubledown Interactive Co LT ADS is the second largest holding with a value of $53,567,471 and 4,101,644 shares.
• Lilium N V CLASS A ORD SHS is another significant holding with a value of $8,741,393 and 11,027,776 shares.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, providing factual information about the company's holdings. The sentiment is neutral.

Positives

• The filing provides transparency into B. Riley Financial, Inc.'s investment portfolio.
• The portfolio is diversified across multiple companies and sectors.

Risks

• The Form 13F provides a snapshot of holdings as of June 30, 2024, and may not reflect current positions.
• Investment values are subject to market fluctuations.

Management Comments

• Bryant R. Riley, Co-Chief Executive Officer, signed the report on behalf of B. Riley Financial, Inc.

Industry Context

Form 13F filings are a standard requirement for institutional investment managers with over $100 million in assets under management, providing insights into their investment strategies and portfolio composition.

Comparison to Industry Standards

• Comparing B. Riley's holdings to other firms of similar size would require analyzing their respective 13F filings.
• Analyzing the sector allocation and individual stock picks can provide insights into B. Riley's investment strategy relative to its peers.
• For example, comparing the holdings to firms like BlackRock or Vanguard would be difficult due to the size difference, but comparing to other smaller investment firms would be more appropriate.

Stakeholder Impact

• Shareholders can use this information to understand B. Riley Financial, Inc.'s investment strategy.
• The holdings may impact the stock prices of the companies included in the portfolio.

Key Dates