B&G Foods
BGS
234 hedge funds and large institutions have $641M invested in B&G Foods in 2023 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 57 increasing their positions, 102 reducing their positions, and 38 closing their positions.
0.99% less ownership
Funds ownership: 64.7% → 63.71% (-0.99%)
8% less funds holding
Funds holding: 253 → 234 (-19)
11% less capital invested
Capital invested by funds: $719M → $641M (-$77.8M)
44% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 102
47% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 38
70% less call options, than puts
Call options by funds: $21M | Put options by funds: $70.6M
Top Buyers
| 1 |
Millennium Management
New York
|
+$10.5M |
| 2 |
Two Sigma Investments
New York
|
+$6.26M |
| 3 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$3.28M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$3.22M |
| 5 |
Goldman Sachs
New York
|
+$3.17M |
Top Sellers
| 1 |
Citadel Advisors
Miami,
Florida
|
-$5.1M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$3.59M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$3.54M |
| 4 |
BlackRock
New York
|
-$3.23M |
| 5 |
Asset Management One
Tokyo,
Japan
|
-$3.02M |
BGS Hedge Fund Activity: Q2 2023 in Review
234 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in B&G Foods (BGS) for Q2 2023, worth a combined $641M — down 11% from $719M a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of BGS and 20 opened new positions — a net loss of 18 holders — while 102 trimmed existing stakes and 57 added.
The largest buyer was Millennium Management, opening a new position worth an estimated $10.5M. The largest seller was Citadel Advisors, cutting an estimated $5.1M.
- 234 institutional investors held B&G Foods (BGS) as of Q2 2023, down from 253 in Q1 2023.
- Funds reported $641M of B&G Foods stock for Q2 2023, down 11% quarter-over-quarter.
- 20 funds opened new B&G Foods positions in Q2 2023 and 38 closed out, a net change of -18 holders.
- The largest B&G Foods buyer in Q2 2023 was Millennium Management, an estimated $10.5M added.
- The largest B&G Foods seller in Q2 2023 was Citadel Advisors, an estimated $5.1M sold.
Based on aggregated 13F filings for Q2 2023.