Briggs & Stratton Corp.
BGG
BGG was delisted on the 17th of July, 2020.
171 hedge funds and large institutions have $429M invested in Briggs & Stratton Corp. in 2019 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 51 increasing their positions, 56 reducing their positions, and 19 closing their positions.
21% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 19
2% more funds holding
Funds holding: 168 → 171 (+3)
9% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 56
11% less capital invested
Capital invested by funds: $482M → $429M (-$53.5M)
32% less call options, than puts
Call options by funds: $793K | Put options by funds: $1.16M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$10.8M |
| 2 |
BIP
Brandes Investment Partners
La Jolla,
California
|
+$10.3M |
| 3 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$5.02M |
| 4 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
+$3.36M |
| 5 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
+$1.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$14.3M |
| 2 |
JP Morgan Chase
New York
|
-$7.06M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$4.18M |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$2.8M |
| 5 |
HCS
Harvest Capital Strategies
San Francisco,
California
|
-$2.48M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
AQR Capital Management
Greenwich,
Connecticut
| – | -$635K | -48,568 | Closed |
|
177
Axa
Paris,
France
| – | -$407K | -31,100 | Closed |
|
|
SW
178
SVB Wealth
Boston,
Massachusetts
| – | -$302K | -23,056 | Closed |
|
|
ZCM
179
Zebra Capital Management
Stamford,
Connecticut
| – | -$266K | -20,306 | Closed |
|
180
Walleye Trading
New York
| – | -$252K | -19,245 | Closed |
|
181
Millennium Management
New York
| – | -$144K | -11,019 | Closed |
|
|
SGS
182
Sterling Global Strategies
Carlsbad,
California
| – | -$19K | -1,450 | Closed |
|
|
PRC
183
Pearl River Capital
Niles,
Michigan
| – | -$13K | -961 | Closed |
|
|
JA
184
JOYN Advisors
Atlanta,
Georgia
| – | -$7K | -553 | Closed |
|
185
Loomis, Sayles & Company
Boston,
Massachusetts
| – | -$7K | -532 | Closed |
|
|
JCM
186
Jacobi Capital Management
Pittston,
Pennsylvania
| – | -$7K | -500 | Closed |
|
187
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$4K | -274 | Closed |
|
BGG Hedge Fund Activity: Q1 2019 in Review
171 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Briggs & Stratton Corp. (BGG) for Q1 2019, worth a combined $429M — down 11% from $482M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new BGG positions and 19 closed out — a net gain of 4 holders — while 51 added to existing stakes and 56 trimmed.
The largest buyer was Capital World Investors, adding an estimated $10.8M. The largest seller was Frontier Capital Management, exiting entirely with an estimated $14.3M sold.
- 171 institutional investors held Briggs & Stratton Corp. (BGG) as of Q1 2019, up from 168 in Q4 2018.
- Funds reported $429M of Briggs & Stratton Corp. stock for Q1 2019, down 11% quarter-over-quarter.
- 23 funds opened new Briggs & Stratton Corp. positions in Q1 2019 and 19 closed out, a net change of +4 holders.
- The largest Briggs & Stratton Corp. buyer in Q1 2019 was Capital World Investors, an estimated $10.8M added.
- The largest Briggs & Stratton Corp. seller in Q1 2019 was Frontier Capital Management, an estimated $14.3M sold.
Based on aggregated 13F filings for Q1 2019.