TETON Westwood Funds Updates Bel Fuse Inc. Class A Stock Ownership

TL;DR

**TETON Westwood Funds updated their Bel Fuse Inc. Class A stock holdings.**

AI Summary

TETON Westwood Funds, specifically the TETON Westwood Mighty Mites Fund, filed an amended SC 13G/A on January 16, 2024, indicating their ownership of Bel Fuse Inc. Class A Common Stock as of December 31, 2023. This filing, Amendment No. 9, updates their previous disclosures regarding their stake in Bel Fuse Inc. (CUSIP 077347201). This matters to investors because it provides transparency into institutional ownership changes, which can signal confidence or lack thereof in the company's future prospects.

Why It Matters

This filing shows an institutional investor's updated stake in Bel Fuse Inc., offering insight into their current position and potentially influencing other investors' perceptions of the stock.

Risk Assessment

Risk Level: low — This filing is a routine update on institutional ownership and does not inherently signal significant risk or opportunity.

Analyst Insight

Investors should note that TETON Westwood Funds continues to hold a significant stake in Bel Fuse Inc. This filing itself doesn't provide details on changes in share count, but it confirms their ongoing institutional interest. Further investigation into the full filing would be needed to understand the exact change in ownership percentage.

Key Players & Entities

• TETON Westwood Funds (company) — reporting person
• Bel Fuse Inc. (company) — subject company (issuer)
• TETON Westwood Mighty Mites Fund (company) — specific fund within TETON Westwood Funds
• 077347201 (other) — CUSIP number for Bel Fuse Inc. Class A Common Stock

FAQ

Filing Documents

• belfa13g_09.htm (SC 13G/A) — 30KB
• 0000807249-24-000016.txt ( ) — 32KB

(a). Name of Issuer

Item 1(a). Name of Issuer Bel Fuse Inc.

(b). Address of Issuer's Principal Executive Offices

Item 1(b). Address of Issuer's Principal Executive Offices 206 Van Vorst Street Jersey City, NJ 07302

(a). Name of Person Filing

Item 2(a). Name of Person Filing TETON Westwood Funds – TETON Westwood Mighty Mites Fund (the "Reporting Person")

(b). Address of Principal Business Offices

Item 2(b). Address of Principal Business Offices One Corporate Center, Rye, N.Y. 10580

(c). Citizenship

Item 2(c). Citizenship Massachusetts

(d). Title of Class of Securities

Item 2(d). Title of Class of Securities Class A Common Stock

(e). CUSIP No

Item 2(e). CUSIP No. 077347201 Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a: a. [ ] Broker or dealer registered under Section 15 of the Act; b. [ ] Bank as defined in Section 3(a)(6) of the Act; c. [ ] Insurance company as defined in Section 3(a)(19) of the Act; d. [X] Investment company registered under Section 8 of the Investment Company Act of 1940; e. [ ] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); f. [ ] An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); g. [ ] A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G); h. [ ] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); i. [ ] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940; j. [ ] A non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J); k. [ ] Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J), please specify the type of institution: ____

Ownership

Item 4. Ownership The aggregate number of Securities to which this Schedule 13G relates is 75,300 shares, representing 3.52% of the 2,141,589 shares outstanding as reported in the Issuer's most recent Form 10-Q for the quarterly period ended September 30, 2023. In accordance with the policies and procedures of the Reporting Person, the proxy voting committee of the Reporting Person exercises in its sole discretion the entire voting power with respect to all shares of the Issuer held and to be held by the Reporting Person until such committee otherwise determines. The proxy voting committee, which is a committee of the Board of Trustees of the Reporting Person consisting entirely of independent trustees, also has sole dispositive power over such shares.

Ownership of Five Percent or Less of a Class

Item 5. Ownership of Five Percent or Less of a Class If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [X].

Ownership of More than 5 Percent on Behalf of Another Person

Item 6. Ownership of More than 5 Percent on Behalf of Another Person Not applicable.

Identification and Classification of the Subsidiary Which Acquired the Security

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person Not applicable.

Identification and Classification of Members of the Group

Item 8. Identification and Classification of Members of the Group Not applicable.

Notice of Dissolution of Group

Item 9. Notice of Dissolution of Group. Not applicable.

Certification

Item 10. Certification. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. 3 Signature After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: January 16, 2024 TETON WESTWOOD FUNDS - TETON WESTWOOD MIGHTY MITES FUND By : /s/ John Ball ____ John Ball President 4

View Full Filing

View this SC 13G/A filing on SEC EDGAR