B&G Foods
BGS
277 hedge funds and large institutions have $2.39B invested in B&G Foods in 2017 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 119 increasing their positions, 85 reducing their positions, and 37 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 119 | Existing positions reduced: 85
2.83% more ownership
Funds ownership: 86.28% → 89.1% (+2.8%)
6% more call options, than puts
Call options by funds: $12.9M | Put options by funds: $12.2M
5% less capital invested
Capital invested by funds: $2.51B → $2.39B (-$125M)
5% less funds holding
Funds holding: 292 → 277 (-15)
22% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 37
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$341M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$29M |
| 3 |
FIM
Foresters Investment Management
New York
|
+$17.3M |
| 4 |
EAM
Edge Asset Management
Seattle,
Washington
|
+$13.2M |
| 5 |
O
OppenheimerFunds
New York
|
+$12.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$36.9M |
| 2 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
-$23.3M |
| 3 |
Renaissance Technologies
New York
|
-$9.98M |
| 4 |
JP Morgan Chase
New York
|
-$9.45M |
| 5 |
MFIMFI
Mesirow Financial Investment Management - Fixed Income
Chicago,
Illinois
|
-$7.06M |
BGS Hedge Fund Activity: Q1 2017 in Review
277 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in B&G Foods (BGS) for Q1 2017, worth a combined $2.39B — down 5% from $2.51B a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of BGS and 29 opened new positions — a net loss of 8 holders — while 85 trimmed existing stakes and 119 added.
The largest buyer was BlackRock, adding an estimated $341M. The largest seller was Victory Capital Management, cutting an estimated $36.9M.
- 277 institutional investors held B&G Foods (BGS) as of Q1 2017, down from 292 in Q4 2016.
- Funds reported $2.39B of B&G Foods stock for Q1 2017, down 5% quarter-over-quarter.
- 29 funds opened new B&G Foods positions in Q1 2017 and 37 closed out, a net change of -8 holders.
- The largest B&G Foods buyer in Q1 2017 was BlackRock, an estimated $341M added.
- The largest B&G Foods seller in Q1 2017 was Victory Capital Management, an estimated $36.9M sold.
Based on aggregated 13F filings for Q1 2017.