B&G Foods
BGS
288 hedge funds and large institutions have $1.75B invested in B&G Foods in 2018 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 106 increasing their positions, 100 reducing their positions, and 43 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 100
1.7% less ownership
Funds ownership: 98.58% → 96.88% (-1.7%)
6% less funds holding
Funds holding: 308 → 288 (-20)
9% less capital invested
Capital invested by funds: $1.93B → $1.75B (-$173M)
42% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 43
85% less call options, than puts
Call options by funds: $18.6M | Put options by funds: $126M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$12.6M |
| 2 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$10.1M |
| 3 |
BlackRock
New York
|
+$8.97M |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$8.13M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$5.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Armistice Capital
New York
|
-$20.9M |
| 2 |
Millennium Management
New York
|
-$18.3M |
| 3 |
FA
Friess Associates
Greenville,
Delaware
|
-$10.4M |
| 4 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
-$8.93M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$8.36M |
BGS Hedge Fund Activity: Q3 2018 in Review
288 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in B&G Foods (BGS) for Q3 2018, worth a combined $1.75B — down 9% from $1.93B a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of BGS and 25 opened new positions — a net loss of 18 holders — while 100 trimmed existing stakes and 106 added.
The largest buyer was Northern Trust, adding an estimated $12.6M. The largest seller was Armistice Capital, exiting entirely with an estimated $20.9M sold.
- 288 institutional investors held B&G Foods (BGS) as of Q3 2018, down from 308 in Q2 2018.
- Funds reported $1.75B of B&G Foods stock for Q3 2018, down 9% quarter-over-quarter.
- 25 funds opened new B&G Foods positions in Q3 2018 and 43 closed out, a net change of -18 holders.
- The largest B&G Foods buyer in Q3 2018 was Northern Trust, an estimated $12.6M added.
- The largest B&G Foods seller in Q3 2018 was Armistice Capital, an estimated $20.9M sold.
Based on aggregated 13F filings for Q3 2018.