Build-A-Bear
BBW
127 hedge funds and large institutions have $225M invested in Build-A-Bear in 2023 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 43 increasing their positions, 37 reducing their positions, and 21 closing their positions.
90% more call options, than puts
Call options by funds: $10.6M | Put options by funds: $5.58M
48% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 21
16% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 37
8% more funds holding
Funds holding: 118 → 127 (+9)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.9% less ownership
Funds ownership: 73.24% → 72.34% (-0.9%)
10% less capital invested
Capital invested by funds: $251M → $225M (-$26.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nuveen
Charlotte,
North Carolina
|
+$5.26M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$3.55M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$2.72M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$2.34M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$2.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$13M |
| 2 |
CC
Cannell Capital
Alta,
Wyoming
|
-$2.77M |
| 3 |
Renaissance Technologies
New York
|
-$2.45M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$2.4M |
| 5 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$2.01M |
BBW Hedge Fund Activity: Q2 2023 in Review
127 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Build-A-Bear (BBW) for Q2 2023, worth a combined $225M — down 10% from $251M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new BBW positions and 21 closed out — a net gain of 10 holders — while 43 added to existing stakes and 37 trimmed.
The largest buyer was Nuveen, adding an estimated $5.26M. The largest seller was Millennium Management, cutting an estimated $13M.
- 127 institutional investors held Build-A-Bear (BBW) as of Q2 2023, up from 118 in Q1 2023.
- Funds reported $225M of Build-A-Bear stock for Q2 2023, down 10% quarter-over-quarter.
- 31 funds opened new Build-A-Bear positions in Q2 2023 and 21 closed out, a net change of +10 holders.
- The largest Build-A-Bear buyer in Q2 2023 was Nuveen, an estimated $5.26M added.
- The largest Build-A-Bear seller in Q2 2023 was Millennium Management, an estimated $13M sold.
Based on aggregated 13F filings for Q2 2023.