Build-A-Bear
BBW
118 hedge funds and large institutions have $251M invested in Build-A-Bear in 2023 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 39 increasing their positions, 36 reducing their positions, and 20 closing their positions.
30% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 20
5% more funds holding
Funds holding: 112 → 118 (+6)
8% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 36
5% less capital invested
Capital invested by funds: $263M → $251M (-$11.9M)
8.17% less ownership
Funds ownership: 81.41% → 73.24% (-8.2%)
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
50% less call options, than puts
Call options by funds: $16.2M | Put options by funds: $32.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$7.54M |
| 2 |
Morgan Stanley
New York
|
+$5.46M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$4.26M |
| 4 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$3.11M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KWM
Kanen Wealth Management
Coconut Creek,
Florida
|
-$23.3M |
| 2 |
DSCM
Divisadero Street Capital Management
Miami,
Florida
|
-$11M |
| 3 |
CCM
Chimera Capital Management
New York
|
-$8.09M |
| 4 |
CC
Cannell Capital
Alta,
Wyoming
|
-$4.95M |
| 5 |
HAI
Hennessy Advisors Inc
Novato,
California
|
-$3.67M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QC
126
Quadrature Capital
London,
United Kingdom
| – | -$517K | -21,659 | Closed |
|
|
MC
127
Maverick Capital
Dallas,
Texas
| – | -$500K | -20,975 | Closed |
|
|
FRM
128
Fox Run Management
Greenwich,
Connecticut
| – | -$347K | -14,561 | Closed |
|
|
JF
129
Jump Financial
Chicago,
Illinois
| – | -$286K | -11,989 | Closed |
|
|
JGC
130
J. Goldman & Co
New York
| – | -$245K | -10,278 | Closed |
|
|
VF
131
Virtu Financial
New York
| – | -$211K | -8,832 | Closed |
|
|
CC
132
Centiva Capital
New York
| – | -$123K | -5,172 | Closed |
|
|
IA
133
IFP Advisors
Tampa,
Florida
| – | -$4K | -500 | Closed |
|
134
Citigroup
New York
| – | -$2.17K | -91 | Closed |
|
|
CAS
135
Coppell Advisory Solutions
Coppell,
Texas
| – | -$1.43K | -60 | Closed |
|
|
CASC
136
Coppell Advisory Solutions Corp
Coppell,
Texas
| – | -$1.43K | -60 | Closed |
|
|
CS
137
Credit Suisse
Zurich,
Switzerland
| – | -$24 | -1 | Closed |
|
BBW Hedge Fund Activity: Q1 2023 in Review
118 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Build-A-Bear (BBW) for Q1 2023, worth a combined $251M — down 4.5% from $263M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new BBW positions and 20 closed out — a net gain of 6 holders — while 39 added to existing stakes and 36 trimmed.
The largest buyer was Millennium Management, adding an estimated $7.54M. The largest seller was Kanen Wealth Management, cutting an estimated $23.3M.
- 118 institutional investors held Build-A-Bear (BBW) as of Q1 2023, up from 112 in Q4 2022.
- Funds reported $251M of Build-A-Bear stock for Q1 2023, down 4.5% quarter-over-quarter.
- 26 funds opened new Build-A-Bear positions in Q1 2023 and 20 closed out, a net change of +6 holders.
- The largest Build-A-Bear buyer in Q1 2023 was Millennium Management, an estimated $7.54M added.
- The largest Build-A-Bear seller in Q1 2023 was Kanen Wealth Management, an estimated $23.3M sold.
Based on aggregated 13F filings for Q1 2023.