Build-A-Bear
BBW
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.
46% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 13
9% more funds holding
Funds holding: 70 → 76 (+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: 2 → 1 (-1)
54% less call options, than puts
Call options by funds: $81K | Put options by funds: $176K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$1.4M |
| 2 |
CCB
Cutter & Co Brokerage
Ballwin,
Missouri
|
+$1.02M |
| 3 |
Millennium Management
New York
|
+$909K |
| 4 |
Renaissance Technologies
New York
|
+$841K |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$637K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$5.22M |
| 2 |
State Street
Boston,
Massachusetts
|
-$2.16M |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$944K |
| 4 |
Two Sigma Investments
New York
|
-$693K |
| 5 |
PCR
Potrero Capital Research
San Francisco,
California
|
-$484K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Charles Schwab
San Francisco,
California
| – | -$236K | -25,700 | Closed |
|
|
TI
77
Trexquant Investment
Stamford,
Connecticut
| – | -$230K | -25,158 | Closed |
|
78
California State Teachers Retirement System (CalSTRS)
West Sacramento,
California
| – | -$192K | -20,995 | Closed |
|
79
RhumbLine Advisers
Boston,
Massachusetts
| – | -$121K | -13,211 | Closed |
|
80
Balyasny Asset Management
Chicago,
Illinois
| – | -$115K | -12,520 | Closed |
|
|
QOP
81
Quinn Opportunity Partners
Charlottesville,
Virginia
| – | -$114K | -12,483 | Closed |
|
|
AIG
82
American International Group
New York
| – | -$80K | -8,698 | Closed |
|
83
Legal & General Group
London,
United Kingdom
| – | -$19K | -2,068 | Closed |
|
|
AIP
84
Ameritas Investment Partners
Lincoln,
Nebraska
| – | -$10K | -1,105 | Closed |
|
|
AG
85
Advisor Group
Phoenix,
Arizona
| – | -$1.31K | -150 | -88% |
|
|
KF
86
Krilogy Financial
St. Louis,
Missouri
| – | -$1K | -130 | Closed |
|
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.