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Build-A-Bear

136 hedge funds and large institutions have $325M invested in Build-A-Bear in 2023 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 42 increasing their positions, 50 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more funds holding in top 10

Funds holding in top 10: 35 (+2)

63% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 16

44% more capital invested

Capital invested by funds: $225M → $325M (+$99.6M)

7% more funds holding

Funds holding: 127136 (+9)

3.3% more ownership

Funds ownership: 72.34%75.64% (+3.3%)

16% less repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 50

16% less call options, than puts

Call options by funds: $33.2M | Put options by funds: $39.5M

Holders
136
Holders Change
+9
Holders Change %
+7.09%
% of All Funds
2.16%
Holding in Top 10
5
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+66.67%
% of All Funds
0.08%
New
26
Increased
42
Reduced
50
Closed
16
Calls
$33.2M
Puts
$39.5M
Net Calls
-$6.32M
Net Calls Change
-$11.3M
Name Holding Trade Value Shares
Change
Change in
Stake
CC
1
Cannell Capital
Wyoming
$30.6M -$1.78M -70,426 -6%
Vanguard Group
2
Vanguard Group
Pennsylvania
$27.6M +$1.19M +47,210 +5%
BlackRock
3
BlackRock
New York
$26.3M +$274K +10,854 +1%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$22.5M -$4.3M -169,971 -18%
Renaissance Technologies
5
Renaissance Technologies
New York
$10.8M +$3.7M +146,300 +66%
PRCP
6
Pacific Ridge Capital Partners
Oregon
$10.7M -$2.26M -89,531 -20%
Arrowstreet Capital
7
Arrowstreet Capital
Massachusetts
$9.34M
N
8
Nuveen
North Carolina
$8.13M +$27.1K +1,073 +0.4%
OC
9
Oppenheimer & Close
New York
$8.13M
Geode Capital Management
10
Geode Capital Management
Massachusetts
$7.7M +$193K +7,617 +3%
State Street
11
State Street
Massachusetts
$7.24M -$1.31K -52 -0%
Acadian Asset Management
12
Acadian Asset Management
Massachusetts
$6.86M -$926K -36,631 -14%
American Century Companies
13
American Century Companies
Missouri
$6.18M +$640K +25,302 +14%
HIM
14
Hillsdale Investment Management
Ontario, Canada
$5.91M -$849K -33,600 -14%
Wellington Management Group
15
Wellington Management Group
Massachusetts
$5.84M +$1.87M +74,029 +59%
NSIM
16
North Star Investment Management
Illinois
$5.19M -$2.53K -100 -0.1%
Qube Research & Technologies (QRT)
17
Qube Research & Technologies (QRT)
United Kingdom
$5.14M +$1.46M +57,708 +49%
Marshall Wace
18
Marshall Wace
United Kingdom
$4.82M +$4.14M +163,978 New
Morgan Stanley
19
Morgan Stanley
New York
$4.72M -$1.58M -62,400 -28%
Millennium Management
20
Millennium Management
New York
$4.54M +$1.07M +42,166 +38%
CAM
21
Crown Advisors Management
California
$4.41M
Ameriprise
22
Ameriprise
Minnesota
$4.38M +$3.77M +148,996 New
Two Sigma Investments
23
Two Sigma Investments
New York
$4.12M +$2.37M +93,733 +203%
PCI
24
Pacifica Capital Investments
Texas
$4.09M +$3.52M +139,162 New
Invesco
25
Invesco
Georgia
$3.97M +$2.7M +106,761 +378%

BBW Hedge Fund Activity: Q3 2023 in Review

136 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Build-A-Bear (BBW) for Q3 2023, worth a combined $325M — up 44% from $225M a quarter earlier.

Buyers outnumbered sellers: 26 funds opened new BBW positions and 16 closed out — a net gain of 10 holders — while 42 added to existing stakes and 50 trimmed.

The largest buyer was Marshall Wace, opening a new position worth an estimated $4.14M. The largest seller was Dimensional Fund Advisors, cutting an estimated $4.3M.

  • 136 institutional investors held Build-A-Bear (BBW) as of Q3 2023, up from 127 in Q2 2023.
  • Funds reported $325M of Build-A-Bear stock for Q3 2023, up 44% quarter-over-quarter.
  • 26 funds opened new Build-A-Bear positions in Q3 2023 and 16 closed out, a net change of +10 holders.
  • The largest Build-A-Bear buyer in Q3 2023 was Marshall Wace, an estimated $4.14M added.
  • The largest Build-A-Bear seller in Q3 2023 was Dimensional Fund Advisors, an estimated $4.3M sold.

Based on aggregated 13F filings for Q3 2023.