Briggs & Stratton Corp.
BGG
BGG was delisted on the 17th of July, 2020.
170 hedge funds and large institutions have $397M invested in Briggs & Stratton Corp. in 2019 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 62 increasing their positions, 43 reducing their positions, and 27 closing their positions.
44% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 43
11% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 27
1% less funds holding
Funds holding: 171 → 170 (-1)
8% less call options, than puts
Call options by funds: $1.13M | Put options by funds: $1.22M
7% less capital invested
Capital invested by funds: $429M → $397M (-$31.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$11.1M |
| 2 |
Morgan Stanley
New York
|
+$5.02M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.97M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
+$2.85M |
| 5 |
Squarepoint
New York
|
+$2.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$5.22M |
| 2 |
Goldman Sachs
New York
|
-$2.05M |
| 3 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$1.82M |
| 4 |
AAM
Augustine Asset Management
Jacksonville,
Florida
|
-$1.32M |
| 5 |
BIP
Brandes Investment Partners
La Jolla,
California
|
-$1.16M |
BGG Hedge Fund Activity: Q2 2019 in Review
170 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Briggs & Stratton Corp. (BGG) for Q2 2019, worth a combined $397M — down 7.4% from $429M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new BGG positions and 27 closed out — a net gain of 3 holders — while 62 added to existing stakes and 43 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $11.1M. The largest seller was Norges Bank, cutting an estimated $5.22M.
- 170 institutional investors held Briggs & Stratton Corp. (BGG) as of Q2 2019, down from 171 in Q1 2019.
- Funds reported $397M of Briggs & Stratton Corp. stock for Q2 2019, down 7.4% quarter-over-quarter.
- 30 funds opened new Briggs & Stratton Corp. positions in Q2 2019 and 27 closed out, a net change of +3 holders.
- The largest Briggs & Stratton Corp. buyer in Q2 2019 was Millennium Management, an estimated $11.1M added.
- The largest Briggs & Stratton Corp. seller in Q2 2019 was Norges Bank, an estimated $5.22M sold.
Based on aggregated 13F filings for Q2 2019.