B&G Foods
BGS
247 hedge funds and large institutions have $1.2B invested in B&G Foods in 2020 Q2 according to their latest regulatory filings, with 45 funds opening new positions, 81 increasing their positions, 73 reducing their positions, and 32 closing their positions.
41% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 32
34% more capital invested
Capital invested by funds: $890M → $1.2B (+$307M)
14% more call options, than puts
Call options by funds: $40.6M | Put options by funds: $35.4M
11% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 73
4% more funds holding
Funds holding: 237 → 247 (+10)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0.27% less ownership
Funds ownership: 76.71% → 76.44% (-0.27%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$8.73M |
| 2 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
+$6.61M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$5.56M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$5.1M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$4.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Diamond Hill Capital Management
Columbus,
Ohio
|
-$14.6M |
| 2 |
Goldman Sachs
New York
|
-$7M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$6.51M |
| 4 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$6.13M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$5.06M |
BGS Hedge Fund Activity: Q2 2020 in Review
247 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in B&G Foods (BGS) for Q2 2020, worth a combined $1.2B — up 34% from $890M a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new BGS positions and 32 closed out — a net gain of 13 holders — while 81 added to existing stakes and 73 trimmed.
The largest buyer was Intrinsic Edge Capital Management, opening a new position worth an estimated $8.73M. The largest seller was Diamond Hill Capital Management, cutting an estimated $14.6M.
- 247 institutional investors held B&G Foods (BGS) as of Q2 2020, up from 237 in Q1 2020.
- Funds reported $1.2B of B&G Foods stock for Q2 2020, up 34% quarter-over-quarter.
- 45 funds opened new B&G Foods positions in Q2 2020 and 32 closed out, a net change of +13 holders.
- The largest B&G Foods buyer in Q2 2020 was Intrinsic Edge Capital Management, an estimated $8.73M added.
- The largest B&G Foods seller in Q2 2020 was Diamond Hill Capital Management, an estimated $14.6M sold.
Based on aggregated 13F filings for Q2 2020.