B&G Foods
BGS
264 hedge funds and large institutions have $2B invested in B&G Foods in 2017 Q3 according to their latest regulatory filings, with 44 funds opening new positions, 116 increasing their positions, 68 reducing their positions, and 44 closing their positions.
71% more repeat investments, than reductions
Existing positions increased: 116 | Existing positions reduced: 68
3.13% more ownership
Funds ownership: 91.19% → 94.33% (+3.1%)
5% more call options, than puts
Call options by funds: $10.5M | Put options by funds: $9.98M
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 44
2% less funds holding
Funds holding: 269 → 264 (-5)
7% less capital invested
Capital invested by funds: $2.16B → $2B (-$158M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JGC
J. Goldman & Co
New York
|
+$28.3M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$21.3M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
+$20.3M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$18.1M |
| 5 |
O
OppenheimerFunds
New York
|
+$17.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$57.9M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$29.2M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$19.2M |
| 4 |
CCM
Channing Capital Management
Chicago,
Illinois
|
-$15.6M |
| 5 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
-$12.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PSUF
301
People's United Financial
Bridgeport,
Connecticut
| – | -$22K | -620 | Closed |
|
|
WT
302
Whittier Trust
South Pasadena,
California
| – | -$20K | -570 | Closed |
|
303
Envestnet Asset Management
Chicago,
Illinois
| – | -$16K | -456 | Closed |
|
|
AIL
304
AGF Investments LLC
Toronto,
Ontario, Canada
| – | -$10K | -264 | Closed |
|
|
GRP
305
Global Retirement Partners
San Rafael,
California
| – | -$7K | -210 | Closed |
|
|
GI
306
Gradient Investments
Arden Hills,
Minnesota
| – | -$6K | -161 | Closed |
|
|
OAM
307
Oppenheimer Asset Management
New York
| – | -$2K | -47 | Closed |
|
|
PFBT
308
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | -$131 | -4 | -40% |
|
|
WAM
309
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| – | +$361 | +11 | New |
|
BGS Hedge Fund Activity: Q3 2017 in Review
264 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in B&G Foods (BGS) for Q3 2017, worth a combined $2B — down 7.3% from $2.16B a quarter earlier.
Fund positioning in BGS was balanced in Q3 2017: 44 funds opened new positions, 44 closed out, 116 added to existing stakes and 68 trimmed.
The largest buyer was J. Goldman & Co, opening a new position worth an estimated $28.3M. The largest seller was Fidelity Investments, cutting an estimated $57.9M.
- 264 institutional investors held B&G Foods (BGS) as of Q3 2017, down from 269 in Q2 2017.
- Funds reported $2B of B&G Foods stock for Q3 2017, down 7.3% quarter-over-quarter.
- 44 funds opened new B&G Foods positions in Q3 2017 and 44 closed out, a net change of 0 holders.
- The largest B&G Foods buyer in Q3 2017 was J. Goldman & Co, an estimated $28.3M added.
- The largest B&G Foods seller in Q3 2017 was Fidelity Investments, an estimated $57.9M sold.
Based on aggregated 13F filings for Q3 2017.