Build-A-Bear
BBW
125 hedge funds and large institutions have $261M invested in Build-A-Bear in 2015 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 59 increasing their positions, 21 reducing their positions, and 11 closing their positions.
227% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 11
181% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 21
29% more call options, than puts
Call options by funds: $605K | Put options by funds: $469K
25% more funds holding
Funds holding: 100 → 125 (+25)
20% more capital invested
Capital invested by funds: $217M → $261M (+$43.5M)
14.06% more ownership
Funds ownership: 62.13% → 76.19% (+14%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
+$6.66M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$5.7M |
| 3 |
MCM
McKinley Capital Management
Anchorage,
Alaska
|
+$4.11M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.25M |
| 5 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$3.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
SG Capital Management
Chicago,
Illinois
|
-$11.2M |
| 2 |
Renaissance Technologies
New York
|
-$1.57M |
| 3 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
-$1.41M |
| 4 |
Two Sigma Investments
New York
|
-$1.38M |
| 5 |
LSC
Lyon Street Capital
Sausalito,
California
|
-$1.16M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SCM
126
SG Capital Management
Chicago,
Illinois
| – | -$11.2M | -559,210 | Closed |
|
|
127
Two Sigma Investments
New York
| – | -$1.38M | -68,655 | Closed |
|
|
JG
128
Jefferies Group
New York
| – | -$1.06M | -52,875 | Closed |
|
|
CCM
129
Coe Capital Management
Highland Park,
Illinois
| – | -$653K | -32,500 | Closed |
|
|
DC
130
Deere & Company
Moline,
Illinois
| – | -$560K | -27,847 | Closed |
|
|
ZIM
131
Zacks Investment Management
Chicago,
Illinois
| – | -$314K | -15,601 | Closed |
|
|
ST
132
Spot Trading
Chicago,
Illinois
| – | -$298K | -14,841 | Closed |
|
|
MLICM
133
Metropolitan Life Insurance Company (MetLife)
New York
| – | -$214K | -10,630 | Closed |
|
|
ASN
134
Advisory Services Network
Atlanta,
Georgia
| – | -$95K | -4,254 | Closed |
|
|
WA
135
WFG Advisors
Dallas,
Texas
| – | -$57K | -2,830 | Closed |
|
136
UBS Group
Zurich,
Switzerland
| – | -$32K | -1,615 | Closed |
|
BBW Hedge Fund Activity: Q1 2015 in Review
125 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Build-A-Bear (BBW) for Q1 2015, worth a combined $261M — up 20% from $217M a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new BBW positions and 11 closed out — a net gain of 25 holders — while 59 added to existing stakes and 21 trimmed.
The largest buyer was Cortina Asset Management, opening a new position worth an estimated $6.66M. The largest seller was SG Capital Management, exiting entirely with an estimated $11.2M sold.
- 125 institutional investors held Build-A-Bear (BBW) as of Q1 2015, up from 100 in Q4 2014.
- Funds reported $261M of Build-A-Bear stock for Q1 2015, up 20% quarter-over-quarter.
- 36 funds opened new Build-A-Bear positions in Q1 2015 and 11 closed out, a net change of +25 holders.
- The largest Build-A-Bear buyer in Q1 2015 was Cortina Asset Management, an estimated $6.66M added.
- The largest Build-A-Bear seller in Q1 2015 was SG Capital Management, an estimated $11.2M sold.
Based on aggregated 13F filings for Q1 2015.