SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.  20549


SCHEDULE 13G
(Rule 13d-102)


INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT 
TO RULES 13d-1(b),(c), AND (d) AND AMENDMENTS THERETO FILED 
PURSUANT TO RULE 13d-2(b)
(Amendment No. 2)1

BROADWAY FINANCIAL CORPORATION /DE/
(Name of Issuer)

COMMON STOCK
(Title of Class of Securities)

111444105
(CUSIP Number)

12/23/98
(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this 
Schedule is filed:
			
		[   ]	Rule 13d-1 (b)
			
		[ X ]	Rule 13d-1 (c)
			
		[   ]	Rule 13d-1 (d)
			

	1The remainder of this cover page shall be filled out for a 
reporting person's initial filing on this form with respect to the 
subject class of securities, and for any subsequent amendment 
containing information which would alter the disclosures provided 
in a prior cover page.
	The information required in the remainder of this cover page 
shall not be deemed to be "filed" for the purpose of Section 18 of 
the Securities Exchange Act of 1934 ("Act") or otherwise subject 
to the liabilities of that section of the Act, but shall be 
subject to all other provisions of the Act (however, see the 
Notes.)		
[Continued on the following page(s)]
Page 1 of 10 Pages

CUSIP No. 111444105         13G                     Page 2 of 10 Pages
- ----------------------------------------------------------------
1.		NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

Bay Pond Partners L.P.
04-3217743
- ----------------------------------------------------------------
2.		CHECK THE APPROPRIATE BOX IF THE MEMBER OF A GROUP*
(a)[   ]
		(b)[   ]
- ----------------------------------------------------------------
3.		SEC USE ONLY

- ----------------------------------------------------------------
4.		CITIZENSHIP OR PLACE OF ORGANIZATION
Massachusetts

- ----------------------------------------------------------------
							5.	SOLE VOTING POWER
								0
	NUMBER OF				-----------------------------
		SHARES				6.	SHARED VOTING POWER
	BENEFICIALLY
	OWNED BY					0
	EACH					-----------------------------
		REPORTING				7.	SOLE DISPOTIVE POWER
	PERSON
	WITH						0
							-----------------------------
8.	SHARED DISPOTIVE POWER
								0
- ---------------------------------------------------------------
9.		AGGREGATE AMOUNT BENEFICIALLY OWNER BY EACH REPORTING PERSON

0
- ----------------------------------------------------------------
10.	CHECK BOX IF AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
													[   ]
- ----------------------------------------------------------------
11.	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.00%
- ----------------------------------------------------------------
12.	TYPE OF REPORTING PERSON
PN







SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.  20549

SCHEDULE 13G
(Rule 13d-102)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT 
TO RULES 13d-1(b),(c), AND (d) AND AMENDMENTS THERETO FILED 
PURSUANT TO RULE 13d-2(b)
(Amendment No. 2)1


BROADWAY FINANCIAL CORPORATION /DE/
(Name of Issuer)

COMMON STOCK
(Title of Class of Securities)

111444105
(CUSIP Number)

12/23/98
(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this 
Schedule is filed:
			
		[   ]	Rule 13d-1 (b)
			
		[ X ]	Rule 13d-1 (c)
			
		[   ]	Rule 13d-1 (d)
			

	1The remainder of this cover page shall be filled out for a 
reporting person's initial filing on this form with respect to the 
subject class of securities, and for any subsequent amendment 
containing information which would alter the disclosures provided 
in a prior cover page.
	The information required in the remainder of this cover page 
shall not be deemed to be "filed" for the purpose of Section 18 of 
the Securities Exchange Act of 1934 ("Act") or otherwise subject 
to the liabilities of that section of the Act, but shall be 
subject to all other provisions of the Act (however, see the 
Notes.)		
[Continued on the following page(s)]
Page 3 of 10 Pages

CUSIP No. 111444105         13G                     Page 4 of 10 Pages
- ----------------------------------------------------------------
1.		NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

Wellington Hedge Management, Inc.
04-3215281
- ----------------------------------------------------------------
2.		CHECK THE APPROPRIATE BOX IF THE MEMBER OF A GROUP*
(a)[   ]
		(b)[   ]
- ----------------------------------------------------------------
3.		SEC USE ONLY

- ----------------------------------------------------------------
4.		CITIZENSHIP OR PLACE OF ORGANIZATION
Massachusetts

- ----------------------------------------------------------------
							5.	SOLE VOTING POWER
								0
	NUMBER OF				-----------------------------
		SHARES				6.	SHARED VOTING POWER
	BENEFICIALLY
	OWNED BY					0
	EACH					-----------------------------
		REPORTING				7.	SOLE DISPOTIVE POWER
	PERSON
	WITH						0
							-----------------------------
8.	SHARED DISPOTIVE POWER
								0
- ---------------------------------------------------------------
9.		AGGREGATE AMOUNT BENEFICIALLY OWNER BY EACH REPORTING PERSON

0
- ----------------------------------------------------------------
10.	CHECK BOX IF AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
													[   ]
- ----------------------------------------------------------------
11.	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.00%
- ----------------------------------------------------------------
12.	TYPE OF REPORTING PERSON
CO



SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.  20549

SCHEDULE 13G
(Rule 13d-102)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT 
TO RULES 13d-1(b),(c), AND (d) AND AMENDMENTS THERETO FILED 
PURSUANT TO RULE 13d-2(b)
(Amendment No. 2)1


BROADWAY FINANCIAL CORPORATION /DE/
(Name of Issuer)

COMMON STOCK
(Title of Class of Securities)

111444105
(CUSIP Number)

12/23/98
(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this 
Schedule is filed:
			
		[   ]	Rule 13d-1 (b)
			
		[ X ]	Rule 13d-1 (c)
			
		[   ]	Rule 13d-1 (d)
			


	1The remainder of this cover page shall be filled out for a 
reporting person's initial filing on this form with respect to the 
subject class of securities, and for any subsequent amendment 
containing information which would alter the disclosures provided 
in a prior cover page.
	The information required in the remainder of this cover page 
shall not be deemed to be "filed" for the purpose of Section 18 of 
the Securities Exchange Act of 1934 ("Act") or otherwise subject 
to the liabilities of that section of the Act, but shall be 
subject to all other provisions of the Act (however, see the 
Notes.)		
[Continued on the following page(s)]
Page 5 of 10 Pages

CUSIP No. 111444105         13G                     Page 6 of 10 Pages
- ----------------------------------------------------------------
1.		NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

Wellington Hedge Management LLC
04-3215301
- ----------------------------------------------------------------
2.		CHECK THE APPROPRIATE BOX IF THE MEMBER OF A GROUP*
(a)[   ]
		(b)[   ]
- ----------------------------------------------------------------
3.		SEC USE ONLY

- ----------------------------------------------------------------
4.		CITIZENSHIP OR PLACE OF ORGANIZATION
Massachusetts

- ----------------------------------------------------------------
							5.	SOLE VOTING POWER
								0
	NUMBER OF				-----------------------------
		SHARES				6.	SHARED VOTING POWER
	BENEFICIALLY
	OWNED BY					0
	EACH					-----------------------------
		REPORTING				7.	SOLE DISPOTIVE POWER
	PERSON
	WITH						0
							-----------------------------
8.	SHARED DISPOTIVE POWER
								0
- ---------------------------------------------------------------
9.		AGGREGATE AMOUNT BENEFICIALLY OWNER BY EACH REPORTING PERSON

0
- ----------------------------------------------------------------
10.	CHECK BOX IF AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
													[   ]
- ----------------------------------------------------------------
11.	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.00%
- ----------------------------------------------------------------
12.	TYPE OF REPORTING PERSON
CO

CUSIP No. 111444105           13G                     Page 7 of 10 Pages

Item 1(a).	Name of Issuer:

BROADWAY FINANCIAL CORPORATION /DE/

Item 1(b).	Address of Issuer's Principal Executive Offices:

4835 West Venice Boulevard
Los Angeles CA  90019

Item 2(a).	Name of Person Filing:

This schedule is filed on behalf of 
Bay Pond Partners L.P. (``Bay Pond``), a Delaware limited
partnership,Wellington Hedge Management LLC, (``WHML``) 
a Massachusetts limited liability company which is the 
sole general partner of Bay Pond, and 
Wellington Hedge Management, Inc. (``WHMI``), a 
Massachusetts Corporation which is the managing 
member of WHML.

Item 2(b).	Address of Principal Business Office or, if ,
				Residence:

75 State Street
Boston, Massachusetts  02109

Item 2(c).	Citizenship:

Massachusetts

Item 2(d).	Title of Class of Securities:

COMMON STOCK

Item 2(e).	CUSIP Number:

111444105

Item 3.		If This Statement is Filed Pursuant to Rule 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.

CUSIP No. 111444105              13G                     Page 8 of 10 
Pages

		(d) [   ]	Investment company registered under Section 8 of the 	
				Investment Company Act.

		(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 association as defined in Section 3(b) of the 
				Federal Deposit Insurance Act;

		(i) [   ] A church plan that is excluded from the definition of an 
				investment company under Section 3(c)(14) of the 
				Investment Company Act;

		(j) [   ]	Group, in accordance with Rule 13d-1(b)(1)(ii)(J).

				If this statement is filed pursuant to Rule 13d-1(c),
				check this box [ X ]

Item 4.	Ownership.
Provide the following information regarding the aggregate 
number and percentage of the class of securities of the issuer 
identified in Item 1.

	(a)	Amount beneficially owned:
	
			Bay Pond, WHML and WHMI
			each beneficially own 0 shares 
			of the Common Stock of the Issuer.

	(b)	Percent of class: 0.00%

	(c)	Number of shares as to which such person has:

	  (i) Sole power to vote or to direct the vote	0
   (ii) Shared power to vote or to direct
	      the vote	0
  (iii) Sole power to dispose or to direct
		 the disposition of	0
   (iv) Shared power to dispose or to direct
	      the disposition of	0

CUSIP No. 111444105              13G                     Page 9 of 10 Pages

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].

Item 6.	Ownership of More than Five Percent on Behalf of Another 	
			Person.

	Bay Pond, WHML and WHMI each have the right to 
	receive, or the power to direct the receipt of, dividends  
	from, or the proceeds from the sale of, such securities. No 
	other person is known to have such right or power with 
	respect to more than five percent of this class of 
securities, except as follows:
	
	
	

Not Applicable.



Item 7.	Identification and Classification of the Subsidiary Which 	
			Acquired the Security Being Reported on by the Parent Holding 
			Company.

Not Applicable.

Item 8.	Identification and Classification of Members of the Group.

	Not Applicable.  This schedule is not being filed pursuant to 
Rule 13d-1(b)(1)(ii)(J) or Rule 13d-1(d).

Item 9.	Notice of Dissolution of Group.

			Not Applicable.

Item 10.	Certification.

			(b) The following certification shall be included if the
			statement is filed pursuant to Rule 13d-1(c):

"By signing below I certify that, to the best of my knowledge
 and belief, the securities referred to above  
 were not acquired and are not held for the purpose  
 of or with the effect of changing or influencing   

CUSIP No. 111444105              13G                     Page 10 of 10 
Pages

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."


								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.

			Bay Pond Partners L.P.

			By: Wellington Hedge Management LLC
				Its General Partner

					By: Wellington Hedge Management, Inc.
					Its Managing Member


			By:	--//Sara Lou Sherman//--
						Name:	Sara Lou Sherman
Title:	Vice President
			Date:	December 24, 1998