B&G Foods
BGS
269 hedge funds and large institutions have $2.16B invested in B&G Foods in 2017 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 128 increasing their positions, 68 reducing their positions, and 40 closing their positions.
88% more repeat investments, than reductions
Existing positions increased: 128 | Existing positions reduced: 68
38% more call options, than puts
Call options by funds: $13.1M | Put options by funds: $9.52M
2.09% more ownership
Funds ownership: 89.1% → 91.19% (+2.1%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
3% less funds holding
Funds holding: 277 → 269 (-8)
10% less capital invested
Capital invested by funds: $2.39B → $2.16B (-$230M)
15% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 40
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
+$117M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$29.4M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$28.5M |
| 4 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$15.2M |
| 5 |
FIM
Foresters Investment Management
New York
|
+$14.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIM
Ranger Investment Management
Dallas,
Texas
|
-$19.9M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$16.5M |
| 3 |
MFIMFI
Mesirow Financial Investment Management - Fixed Income
Chicago,
Illinois
|
-$11.3M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$10.3M |
| 5 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
-$10M |
BGS Hedge Fund Activity: Q2 2017 in Review
269 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in B&G Foods (BGS) for Q2 2017, worth a combined $2.16B — down 9.6% from $2.39B a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of BGS and 34 opened new positions — a net loss of 6 holders — while 68 trimmed existing stakes and 128 added.
The largest buyer was Principal Financial Group, adding an estimated $117M. The largest seller was Ranger Investment Management, cutting an estimated $19.9M.
- 269 institutional investors held B&G Foods (BGS) as of Q2 2017, down from 277 in Q1 2017.
- Funds reported $2.16B of B&G Foods stock for Q2 2017, down 9.6% quarter-over-quarter.
- 34 funds opened new B&G Foods positions in Q2 2017 and 40 closed out, a net change of -6 holders.
- The largest B&G Foods buyer in Q2 2017 was Principal Financial Group, an estimated $117M added.
- The largest B&G Foods seller in Q2 2017 was Ranger Investment Management, an estimated $19.9M sold.
Based on aggregated 13F filings for Q2 2017.