Build-A-Bear
BBW
56 hedge funds and large institutions have $57.6M invested in Build-A-Bear in 2019 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 17 increasing their positions, 18 reducing their positions, and 12 closing their positions.
53% more call options, than puts
Call options by funds: $236K | Put options by funds: $154K
23% more capital invested
Capital invested by funds: $47M → $57.6M (+$10.7M)
6% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 18
10% less funds holding
Funds holding: 62 → 56 (-6)
16.32% less ownership
Funds ownership: 79.46% → 63.14% (-16%)
50% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$4.32M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.76M |
| 3 |
2L
22NW LP
Seattle,
Washington
|
+$765K |
| 4 |
Two Sigma Investments
New York
|
+$552K |
| 5 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
+$481K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Point72 Asset Management
Stamford,
Connecticut
|
-$11.8M |
| 2 |
NSIM
North Star Investment Management
Chicago,
Illinois
|
-$1.61M |
| 3 |
RA
Royce & Associates
New York
|
-$1.26M |
| 4 |
JP Morgan Chase
New York
|
-$490K |
| 5 |
D.E. Shaw & Co
New York
|
-$462K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LTFS
51
Ladenburg Thalmann Financial Services
Miami,
Florida
| $1K | – | – | – |
|
52
BNP Paribas Financial Markets
Paris,
France
| $37 | – | – | – |
|
|
53
Point72 Asset Management
Stamford,
Connecticut
| – | -$11.8M | -2,983,825 | Closed |
|
|
RA
54
Royce & Associates
New York
| – | -$1.26M | -318,000 | Closed |
|
|
SC
55
Sepio Capital
Salt Lake City,
Utah
| – | -$125K | -31,656 | Closed |
|
56
Squarepoint
New York
| – | -$71K | -17,984 | Closed |
|
57
LSV Asset Management
Chicago,
Illinois
| – | -$64K | -16,215 | Closed |
|
|
TRCT
58
Tower Research Capital (TRC)
New York
| – | -$58K | -14,730 | Closed |
|
59
Goldman Sachs
New York
| – | -$49K | -12,492 | Closed |
|
60
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$45K | -11,358 | Closed |
|
61
SEI Investments
Oaks,
Pennsylvania
| – | -$6K | -711 | Closed |
|
|
IA
62
IFP Advisors
Tampa,
Florida
| – | -$2K | -500 | Closed |
|
63
Fidelity Investments
Boston,
Massachusetts
| – | -$1K | -250 | Closed |
|
BBW Hedge Fund Activity: Q1 2019 in Review
56 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Build-A-Bear (BBW) for Q1 2019, worth a combined $57.6M — up 23% from $47M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of BBW and 6 opened new positions — a net loss of 6 holders — while 18 trimmed existing stakes and 17 added.
The largest buyer was Morgan Stanley, adding an estimated $4.32M. The largest seller was Point72 Asset Management, exiting entirely with an estimated $11.8M sold.
- 56 institutional investors held Build-A-Bear (BBW) as of Q1 2019, down from 62 in Q4 2018.
- Funds reported $57.6M of Build-A-Bear stock for Q1 2019, up 23% quarter-over-quarter.
- 6 funds opened new Build-A-Bear positions in Q1 2019 and 12 closed out, a net change of -6 holders.
- The largest Build-A-Bear buyer in Q1 2019 was Morgan Stanley, an estimated $4.32M added.
- The largest Build-A-Bear seller in Q1 2019 was Point72 Asset Management, an estimated $11.8M sold.
Based on aggregated 13F filings for Q1 2019.