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Build-A-Bear

76 hedge funds and large institutions have $92.9M invested in Build-A-Bear in 2018 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 19 increasing their positions, 26 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

46% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 13

9% more funds holding

Funds holding: 7076 (+6)

3.14% less ownership

Funds ownership: 84.4%81.26% (-3.1%)

19% less capital invested

Capital invested by funds: $115M → $92.9M (-$22.1M)

27% less repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 26

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

54% less call options, than puts

Call options by funds: $81K | Put options by funds: $176K

Holders
76
Holders Change
+6
Holders Change %
+8.57%
% of All Funds
1.74%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
19
Increased
19
Reduced
26
Closed
13
Calls
$81K
Puts
$176K
Net Calls
-$95K
Net Calls Change
-$328K
Name Holding Trade Value Shares
Change
Change in
Stake
Northern Trust
26
Northern Trust
Illinois
$478K -$944K -108,272 -63%
D.E. Shaw & Co
27
D.E. Shaw & Co
New York
$441K -$137K -15,745 -21%
Two Sigma Advisers
28
Two Sigma Advisers
New York
$415K -$4.36K -500 -0.9%
California Public Employees Retirement System
29
California Public Employees Retirement System
California
$409K -$289K -33,105 -38%
Invesco
30
Invesco
Georgia
$391K +$30.4K +3,484 +7%
Royal Bank of Canada
31
Royal Bank of Canada
Ontario, Canada
$360K +$192 +22 +0%
MERSOM
32
Municipal Employees' Retirement System of Michigan
Michigan
$353K
LP
33
LMR Partners
United Kingdom
$305K +$350K +40,192 New
Jacobs Levy Equity Management
34
Jacobs Levy Equity Management
New Jersey
$263K +$302K +34,635 New
SIM
35
Spark Investment Management
New York
$239K +$72.4K +8,300 +36%
Macquarie Group
36
Macquarie Group
Australia
$225K +$259K +29,666 New
UA
37
Unison Advisors
District of Columbia
$222K
AIM
38
Alambic Investment Management
California
$222K +$255K +29,225 New
Barclays
39
Barclays
United Kingdom
$213K +$150K +17,152 +157%
BCM
40
BlueCrest Capital Management
Jersey
$205K +$235K +26,920 New
Jane Street
41
Jane Street
New York
$204K +$234K +26,851 New
CWM
42
Cornerstone Wealth Management
Missouri
$200K +$13.3K +1,530 New
Acadian Asset Management
43
Acadian Asset Management
Massachusetts
$195K +$195K +22,320 +677%
State Street
44
State Street
Massachusetts
$179K -$2.16M -247,275 -91%
Two Sigma Investments
45
Two Sigma Investments
New York
$179K -$693K -79,509 -77%
2L
46
22NW LP
Washington
$173K +$199K +22,800 New
LSV Asset Management
47
LSV Asset Management
Illinois
$131K +$151K +17,315 New
ARTA
48
A.R.T. Advisors
New York
$128K -$115K -13,133 -44%
Bank of New York Mellon
49
Bank of New York Mellon
New York
$124K -$340K -39,017 -71%
Tudor Investment Corp
50
Tudor Investment Corp
Connecticut
$119K +$14.7K +1,685 +12%

BBW Hedge Fund Activity: Q2 2018 in Review

76 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Build-A-Bear (BBW) for Q2 2018, worth a combined $92.9M — down 19% from $115M a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new BBW positions and 13 closed out — a net gain of 6 holders — while 19 added to existing stakes and 26 trimmed.

The largest buyer was Goldman Sachs, opening a new position worth an estimated $1.4M. The largest seller was BlackRock, cutting an estimated $5.22M.

  • 76 institutional investors held Build-A-Bear (BBW) as of Q2 2018, up from 70 in Q1 2018.
  • Funds reported $92.9M of Build-A-Bear stock for Q2 2018, down 19% quarter-over-quarter.
  • 19 funds opened new Build-A-Bear positions in Q2 2018 and 13 closed out, a net change of +6 holders.
  • The largest Build-A-Bear buyer in Q2 2018 was Goldman Sachs, an estimated $1.4M added.
  • The largest Build-A-Bear seller in Q2 2018 was BlackRock, an estimated $5.22M sold.

Based on aggregated 13F filings for Q2 2018.