BurgerFi International, Inc. Common Stock
BFI was delisted on the 20th of September, 2024.
16 hedge funds and large institutions have $41.1M invested in BurgerFi International, Inc. Common Stock in 2020 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 2 increasing their positions, 5 reducing their positions, and 14 closing their positions.
36% less funds holding
Funds holding: 25 → 16 (-9)
52% less capital invested
Capital invested by funds: $85.8M → $41.1M (-$44.7M)
60% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 5
64% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 14
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$4.74M |
| 2 |
GCL
Glazer Capital LLC
New York
|
+$2.47M |
| 3 |
PMAM
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
|
+$1.15M |
| 4 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$1.05M |
| 5 |
KC
Kepos Capital
New York
|
+$236K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSU
Mizuho Securities USA
New York
|
-$9.02M |
| 2 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
-$6.57M |
| 3 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$6.15M |
| 4 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$6.05M |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$5.43M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Verition Fund Management
Greenwich,
Connecticut
| – | -$1.07M | -100,998 | Closed |
|
|
AA
27
AQR Arbitrage
Greenwich,
Connecticut
| – | -$1.05M | -100,000 | Closed |
|
|
DWM
28
Dakota Wealth Management
Palm Beach Gardens,
Florida
| – | -$205K | -19,450 | Closed |
|
29
Stifel Financial
St. Louis,
Missouri
| – | -$111K | -10,574 | Closed |
|
|
CL
30
CSS LLC
Chicago,
Illinois
| – | -$105K | -10,000 | Closed |
|
BFI Hedge Fund Activity: Q1 2020 in Review
16 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in BurgerFi International, Inc. Common Stock (BFI) for Q1 2020, worth a combined $41.1M — down 52% from $85.8M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of BFI and 5 opened new positions — a net loss of 9 holders — while 5 trimmed existing stakes and 2 added.
The largest buyer was Bank of Montreal, opening a new position worth an estimated $4.74M. The largest seller was Mizuho Securities USA, cutting an estimated $9.02M.
- 16 institutional investors held BurgerFi International, Inc. Common Stock (BFI) as of Q1 2020, down from 25 in Q4 2019.
- Funds reported $41.1M of BurgerFi International, Inc. Common Stock stock for Q1 2020, down 52% quarter-over-quarter.
- 5 funds opened new BurgerFi International, Inc. Common Stock positions in Q1 2020 and 14 closed out, a net change of -9 holders.
- The largest BurgerFi International, Inc. Common Stock buyer in Q1 2020 was Bank of Montreal, an estimated $4.74M added.
- The largest BurgerFi International, Inc. Common Stock seller in Q1 2020 was Mizuho Securities USA, an estimated $9.02M sold.
Based on aggregated 13F filings for Q1 2020.