Briggs & Stratton Corp.
BGG
BGG was delisted on the 17th of July, 2020.
153 hedge funds and large institutions have $251M invested in Briggs & Stratton Corp. in 2019 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 54 increasing their positions, 45 reducing their positions, and 29 closing their positions.
51% more call options, than puts
Call options by funds: $1.6M | Put options by funds: $1.06M
20% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 45
13% more capital invested
Capital invested by funds: $222M → $251M (+$29.5M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less funds holding
Funds holding: 165 → 153 (-12)
38% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$4.52M |
| 2 |
KCM
Kensico Capital Management
Greenwich,
Connecticut
|
+$4.14M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$3.44M |
| 4 |
Two Sigma Investments
New York
|
+$2.16M |
| 5 |
Morgan Stanley
New York
|
+$1.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$4.42M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
-$4.27M |
| 3 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
-$4.25M |
| 4 |
Renaissance Technologies
New York
|
-$2.38M |
| 5 |
Bank of New York Mellon
New York
|
-$1.54M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$1K | -200 | Closed |
|
|
PA
177
Parallel Advisors
San Francisco,
California
| – | -$755 | -123 | Closed |
|
|
WA
178
WestEnd Advisors
Charlotte,
North Carolina
| – | -$696 | -115 | Closed |
|
|
OPS
179
Orion Portfolio Solutions
Omaha,
Nebraska
| – | +$393 | +64 | New |
|
|
VCM
180
Versant Capital Management
Phoenix,
Arizona
| – | +$700 | +114 | +600% |
|
BGG Hedge Fund Activity: Q4 2019 in Review
153 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Briggs & Stratton Corp. (BGG) for Q4 2019, worth a combined $251M — up 13% from $222M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of BGG and 18 opened new positions — a net loss of 11 holders — while 45 trimmed existing stakes and 54 added.
The largest buyer was Jacobs Levy Equity Management, adding an estimated $4.52M. The largest seller was Millennium Management, cutting an estimated $4.42M.
- 153 institutional investors held Briggs & Stratton Corp. (BGG) as of Q4 2019, down from 165 in Q3 2019.
- Funds reported $251M of Briggs & Stratton Corp. stock for Q4 2019, up 13% quarter-over-quarter.
- 18 funds opened new Briggs & Stratton Corp. positions in Q4 2019 and 29 closed out, a net change of -11 holders.
- The largest Briggs & Stratton Corp. buyer in Q4 2019 was Jacobs Levy Equity Management, an estimated $4.52M added.
- The largest Briggs & Stratton Corp. seller in Q4 2019 was Millennium Management, an estimated $4.42M sold.
Based on aggregated 13F filings for Q4 2019.