Briggs & Stratton Corp.
BGG
BGG was delisted on the 17th of July, 2020.
132 hedge funds and large institutions have $65.1M invested in Briggs & Stratton Corp. in 2020 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 41 increasing their positions, 41 reducing their positions, and 39 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 41
14% less funds holding
Funds holding: 153 → 132 (-21)
49% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 39
59% less call options, than puts
Call options by funds: $145K | Put options by funds: $357K
74% less capital invested
Capital invested by funds: $251M → $65.1M (-$186M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
GMT Capital
Atlanta,
Georgia
|
+$8.59M |
| 2 |
Charles Schwab
San Francisco,
California
|
+$1.72M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$1.1M |
| 4 |
State Street
Boston,
Massachusetts
|
+$1.02M |
| 5 |
KBC Group
Brussels,
Belgium
|
+$955K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
-$4.69M |
| 2 |
KCM
Kensico Capital Management
Greenwich,
Connecticut
|
-$4.5M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$4.32M |
| 4 |
Two Sigma Investments
New York
|
-$2.06M |
| 5 |
Morgan Stanley
New York
|
-$1.54M |
BGG Hedge Fund Activity: Q1 2020 in Review
132 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Briggs & Stratton Corp. (BGG) for Q1 2020, worth a combined $65.1M — down 74% from $251M a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of BGG and 20 opened new positions — a net loss of 19 holders — while 41 trimmed existing stakes and 41 added.
The largest buyer was GMT Capital, opening a new position worth an estimated $8.59M. The largest seller was D.E. Shaw & Co, exiting entirely with an estimated $4.69M sold.
- 132 institutional investors held Briggs & Stratton Corp. (BGG) as of Q1 2020, down from 153 in Q4 2019.
- Funds reported $65.1M of Briggs & Stratton Corp. stock for Q1 2020, down 74% quarter-over-quarter.
- 20 funds opened new Briggs & Stratton Corp. positions in Q1 2020 and 39 closed out, a net change of -19 holders.
- The largest Briggs & Stratton Corp. buyer in Q1 2020 was GMT Capital, an estimated $8.59M added.
- The largest Briggs & Stratton Corp. seller in Q1 2020 was D.E. Shaw & Co, an estimated $4.69M sold.
Based on aggregated 13F filings for Q1 2020.