B&G Foods
BGS
237 hedge funds and large institutions have $890M invested in B&G Foods in 2020 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 84 increasing their positions, 86 reducing their positions, and 41 closing their positions.
300% more funds holding in top 10
Funds holding in top 10: 1 → 4 (+3)
2% less repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 86
7% less funds holding
Funds holding: 255 → 237 (-18)
13.86% less ownership
Funds ownership: 90.57% → 76.71% (-14%)
14% less capital invested
Capital invested by funds: $1.04B → $890M (-$151M)
37% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 41
56% less call options, than puts
Call options by funds: $23.3M | Put options by funds: $52.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$14.3M |
| 2 |
KIM
Kestrel Investment Management
San Mateo,
California
|
+$5.63M |
| 3 |
Goldman Sachs
New York
|
+$4.05M |
| 4 |
CM
Capital Management
Glen Allen,
Virginia
|
+$3.67M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
+$3.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AssetMark Inc
Concord,
California
|
-$36.2M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$33.6M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$19.2M |
| 4 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$12.2M |
| 5 |
BlackRock
New York
|
-$11.4M |
BGS Hedge Fund Activity: Q1 2020 in Review
237 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in B&G Foods (BGS) for Q1 2020, worth a combined $890M — down 14% from $1.04B a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of BGS and 26 opened new positions — a net loss of 15 holders — while 86 trimmed existing stakes and 84 added.
The largest buyer was Mirae Asset Global Investments, adding an estimated $14.3M. The largest seller was AssetMark Inc, cutting an estimated $36.2M.
- 237 institutional investors held B&G Foods (BGS) as of Q1 2020, down from 255 in Q4 2019.
- Funds reported $890M of B&G Foods stock for Q1 2020, down 14% quarter-over-quarter.
- 26 funds opened new B&G Foods positions in Q1 2020 and 41 closed out, a net change of -15 holders.
- The largest B&G Foods buyer in Q1 2020 was Mirae Asset Global Investments, an estimated $14.3M added.
- The largest B&G Foods seller in Q1 2020 was AssetMark Inc, an estimated $36.2M sold.
Based on aggregated 13F filings for Q1 2020.