B&G Foods
BGS
307 hedge funds and large institutions have $1.4B invested in B&G Foods in 2020 Q4 according to their latest regulatory filings, with 67 funds opening new positions, 105 increasing their positions, 82 reducing their positions, and 34 closing their positions.
97% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 34
28% more repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 82
12% more funds holding
Funds holding: 274 → 307 (+33)
6% more capital invested
Capital invested by funds: $1.32B → $1.4B (+$74M)
3.37% more ownership
Funds ownership: 74.25% → 77.62% (+3.4%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
27% less call options, than puts
Call options by funds: $41.6M | Put options by funds: $56.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Armistice Capital
New York
|
+$30M |
| 2 |
SOMRS
State of Michigan Retirement System
Lansing,
Michigan
|
+$12.3M |
| 3 |
Bank of New York Mellon
New York
|
+$8.43M |
| 4 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$7.92M |
| 5 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$5.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$12.4M |
| 2 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$11.9M |
| 3 |
Voloridge Investment Management
Jupiter,
Florida
|
-$6.3M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
-$4.48M |
| 5 |
State Street
Boston,
Massachusetts
|
-$3.55M |
BGS Hedge Fund Activity: Q4 2020 in Review
307 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in B&G Foods (BGS) for Q4 2020, worth a combined $1.4B — up 5.6% from $1.32B a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new BGS positions and 34 closed out — a net gain of 33 holders — while 105 added to existing stakes and 82 trimmed.
The largest buyer was Armistice Capital, opening a new position worth an estimated $30M. The largest seller was Renaissance Technologies, exiting entirely with an estimated $12.4M sold.
- 307 institutional investors held B&G Foods (BGS) as of Q4 2020, up from 274 in Q3 2020.
- Funds reported $1.4B of B&G Foods stock for Q4 2020, up 5.6% quarter-over-quarter.
- 67 funds opened new B&G Foods positions in Q4 2020 and 34 closed out, a net change of +33 holders.
- The largest B&G Foods buyer in Q4 2020 was Armistice Capital, an estimated $30M added.
- The largest B&G Foods seller in Q4 2020 was Renaissance Technologies, an estimated $12.4M sold.
Based on aggregated 13F filings for Q4 2020.