Briggs & Stratton Corp.
BGG
BGG was delisted on the 17th of July, 2020.
206 hedge funds and large institutions have $880M invested in Briggs & Stratton Corp. in 2016 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 72 increasing their positions, 75 reducing their positions, and 30 closing their positions.
153% more call options, than puts
Call options by funds: $6.33M | Put options by funds: $2.5M
4% less repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 75
4% less funds holding
Funds holding: 215 → 206 (-9)
11% less capital invested
Capital invested by funds: $992M → $880M (-$113M)
27% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 30
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
+$17.6M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$16.8M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
+$8.72M |
| 4 |
Morgan Stanley
New York
|
+$5.33M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$4.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$9.87M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$8.17M |
| 3 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$7.26M |
| 4 |
Renaissance Technologies
New York
|
-$5.92M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$5.13M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
226
KeyBank National Association
Cleveland,
Ohio
| – | -$326K | -13,635 | Closed |
|
|
1GA
227
1st Global Advisors
Dallas,
Texas
| – | -$318K | -13,278 | Closed |
|
|
P
228
Pitcairn
Conshohocken,
Pennsylvania
| – | -$263K | -10,974 | Closed |
|
229
LPL Financial
San Diego,
California
| – | -$237K | -10,256 | Closed |
|
230
HSBC Holdings
London,
United Kingdom
| – | -$242K | -10,102 | Closed |
|
|
LCM
231
Laurion Capital Management
New York
| – | -$239K | -10,000 | Closed |
|
|
PTC
232
Petrus Trust Company
Dallas,
Texas
| – | -$204K | -8,508 | Closed |
|
|
CG
233
Cutler Group
San Francisco,
California
| – | -$119K | -5,504 | Closed |
|
234
SG Americas Securities
New York
| – | -$110K | -4,581 | Closed |
|
|
FCCM
235
First City Capital Management
Savannah,
Georgia
| – | -$55K | -2,300 | Closed |
|
|
CCS
236
Crosspoint Capital Strategies
Orinda,
California
| – | -$6K | -266 | Closed |
|
BGG Hedge Fund Activity: Q2 2016 in Review
206 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Briggs & Stratton Corp. (BGG) for Q2 2016, worth a combined $880M — down 11% from $992M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of BGG and 22 opened new positions — a net loss of 8 holders — while 75 trimmed existing stakes and 72 added.
The largest buyer was Principal Financial Group, adding an estimated $17.6M. The largest seller was Victory Capital Management, exiting entirely with an estimated $9.87M sold.
- 206 institutional investors held Briggs & Stratton Corp. (BGG) as of Q2 2016, down from 215 in Q1 2016.
- Funds reported $880M of Briggs & Stratton Corp. stock for Q2 2016, down 11% quarter-over-quarter.
- 22 funds opened new Briggs & Stratton Corp. positions in Q2 2016 and 30 closed out, a net change of -8 holders.
- The largest Briggs & Stratton Corp. buyer in Q2 2016 was Principal Financial Group, an estimated $17.6M added.
- The largest Briggs & Stratton Corp. seller in Q2 2016 was Victory Capital Management, an estimated $9.87M sold.
Based on aggregated 13F filings for Q2 2016.