Briggs & Stratton Corp.
BGG
BGG was delisted on the 17th of July, 2020.
173 hedge funds and large institutions have $827M invested in Briggs & Stratton Corp. in 2017 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 65 increasing their positions, 54 reducing their positions, and 25 closing their positions.
73% more call options, than puts
Call options by funds: $871K | Put options by funds: $503K
20% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 54
2% less capital invested
Capital invested by funds: $846M → $827M (-$18.2M)
9% less funds holding
Funds holding: 190 → 173 (-17)
40% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$123M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$11.3M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$3.55M |
| 4 |
WI
WBI Investments
Red Bank,
New Jersey
|
+$2.84M |
| 5 |
JP Morgan Chase
New York
|
+$2.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Daruma Capital Management
New York
|
-$15.3M |
| 2 |
GC
GMT Capital
Atlanta,
Georgia
|
-$11.2M |
| 3 |
Morgan Stanley
New York
|
-$6.07M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$5.49M |
| 5 |
HAI
Hennessy Advisors Inc
Novato,
California
|
-$4.02M |
BGG Hedge Fund Activity: Q1 2017 in Review
173 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Briggs & Stratton Corp. (BGG) for Q1 2017, worth a combined $827M — down 2.1% from $846M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of BGG and 15 opened new positions — a net loss of 10 holders — while 54 trimmed existing stakes and 65 added.
The largest buyer was BlackRock, adding an estimated $123M. The largest seller was Daruma Capital Management, cutting an estimated $15.3M.
- 173 institutional investors held Briggs & Stratton Corp. (BGG) as of Q1 2017, down from 190 in Q4 2016.
- Funds reported $827M of Briggs & Stratton Corp. stock for Q1 2017, down 2.1% quarter-over-quarter.
- 15 funds opened new Briggs & Stratton Corp. positions in Q1 2017 and 25 closed out, a net change of -10 holders.
- The largest Briggs & Stratton Corp. buyer in Q1 2017 was BlackRock, an estimated $123M added.
- The largest Briggs & Stratton Corp. seller in Q1 2017 was Daruma Capital Management, an estimated $15.3M sold.
Based on aggregated 13F filings for Q1 2017.