B&G Foods
BGS
251 hedge funds and large institutions have $1.7B invested in B&G Foods in 2015 Q3 according to their latest regulatory filings, with 60 funds opening new positions, 88 increasing their positions, 66 reducing their positions, and 24 closing their positions.
150% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 24
114% more call options, than puts
Call options by funds: $14.7M | Put options by funds: $6.89M
35% more capital invested
Capital invested by funds: $1.26B → $1.7B (+$444M)
33% more repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 66
16% more funds holding
Funds holding: 217 → 251 (+34)
4.47% more ownership
Funds ownership: 76.05% → 80.53% (+4.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VFA
Virtus Fund Advisers
Hartford,
Connecticut
|
+$41.6M |
| 2 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$16.6M |
| 3 |
CNB
City National Bank
Beverly Hills,
Delaware
|
+$13.7M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$11.7M |
| 5 |
EAM
Edge Asset Management
Seattle,
Washington
|
+$10.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Comerica Bank
Dallas,
Texas
|
-$27.6M |
| 2 |
GAM
Gotham Asset Management
New York
|
-$18.7M |
| 3 |
Goldman Sachs
New York
|
-$18.1M |
| 4 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$13M |
| 5 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$12.7M |
BGS Hedge Fund Activity: Q3 2015 in Review
251 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in B&G Foods (BGS) for Q3 2015, worth a combined $1.7B — up 35% from $1.26B a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new BGS positions and 24 closed out — a net gain of 36 holders — while 88 added to existing stakes and 66 trimmed.
The largest buyer was Virtus Fund Advisers, opening a new position worth an estimated $41.6M. The largest seller was Comerica Bank, cutting an estimated $27.6M.
- 251 institutional investors held B&G Foods (BGS) as of Q3 2015, up from 217 in Q2 2015.
- Funds reported $1.7B of B&G Foods stock for Q3 2015, up 35% quarter-over-quarter.
- 60 funds opened new B&G Foods positions in Q3 2015 and 24 closed out, a net change of +36 holders.
- The largest B&G Foods buyer in Q3 2015 was Virtus Fund Advisers, an estimated $41.6M added.
- The largest B&G Foods seller in Q3 2015 was Comerica Bank, an estimated $27.6M sold.
Based on aggregated 13F filings for Q3 2015.