B&G Foods
BGS
275 hedge funds and large institutions have $1.32B invested in B&G Foods in 2020 Q3 according to their latest regulatory filings, with 50 funds opening new positions, 78 increasing their positions, 92 reducing their positions, and 19 closing their positions.
163% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 19
18% more call options, than puts
Call options by funds: $48.8M | Put options by funds: $41.3M
11% more funds holding
Funds holding: 247 → 275 (+28)
11% more capital invested
Capital invested by funds: $1.2B → $1.32B (+$127M)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
2.26% less ownership
Funds ownership: 76.44% → 74.19% (-2.3%)
15% less repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 92
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$9.99M |
| 2 |
JP Morgan Chase
New York
|
+$8.78M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$4.99M |
| 4 |
BC
Burney Company
Reston,
Virginia
|
+$3.02M |
| 5 |
Goldman Sachs
New York
|
+$2.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$19.8M |
| 2 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$13.6M |
| 3 |
Diamond Hill Capital Management
Columbus,
Ohio
|
-$8.86M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$8.75M |
| 5 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$7.89M |
BGS Hedge Fund Activity: Q3 2020 in Review
275 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in B&G Foods (BGS) for Q3 2020, worth a combined $1.32B — up 11% from $1.2B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new BGS positions and 19 closed out — a net gain of 31 holders — while 78 added to existing stakes and 92 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $9.99M. The largest seller was Millennium Management, cutting an estimated $19.8M.
- 275 institutional investors held B&G Foods (BGS) as of Q3 2020, up from 247 in Q2 2020.
- Funds reported $1.32B of B&G Foods stock for Q3 2020, up 11% quarter-over-quarter.
- 50 funds opened new B&G Foods positions in Q3 2020 and 19 closed out, a net change of +31 holders.
- The largest B&G Foods buyer in Q3 2020 was Renaissance Technologies, an estimated $9.99M added.
- The largest B&G Foods seller in Q3 2020 was Millennium Management, an estimated $19.8M sold.
Based on aggregated 13F filings for Q3 2020.