AMG New York Holdings Corp. 4
4 · AMG BBH Asset-Backed Credit Fund, LLC · Filed Jul 24, 2026
Research Summary
AI-generated summary of this filing
BBASX 10% Owner AMG New York Holdings Buys 61,020 Shares
What Happened
AMG New York Holdings Corp., disclosed as a 10% owner of AMG BBH Asset-Backed Credit Fund, LLC (ticker: BBASX), made a purchase of 61,020.345 shares on 2026-07-22. The shares were acquired at $10.79 per share for a reported aggregate purchase value of $658,410. This was a purchase (transaction code P), which is generally more informative to investors than routine sales since it represents an acquisition of stock.
Key Details
- Transaction date: 2026-07-22; Price: $10.79 per share; Shares acquired: 61,020.345; Total reported value: $658,410.
- Transaction type: P = Purchase (open-market or private purchase as reported).
- Filing date: Form 4 filed 2026-07-24; this appears to be within the SEC’s typical 2-business-day reporting window.
- Shares owned after the transaction: Not disclosed in the filing.
- Footnotes/plan notes: None noted in the filing; no 10b5-1 plan, gift, option exercise, or tax-withholding language reported.
Context
This filing is from a 10% owner (an institutional/large holder), not an executive officer — such institutional purchases can reflect portfolio adjustments rather than management-level insight. No derivatives, exercises, or immediate sales were reported; this was a straight purchase. As always, purchases by large holders are a single data point and should be considered alongside other research.
Insider Transaction Report
- Purchase
Class S units of beneficial interest
2026-07-22$10.79/sh+61,020.345$658,410→ 1,459,902.237 total