B&G Foods
BGS
253 hedge funds and large institutions have $719M invested in B&G Foods in 2023 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 93 increasing their positions, 82 reducing their positions, and 43 closing their positions.
39% more capital invested
Capital invested by funds: $516M → $719M (+$203M)
13% more repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 82
1.03% less ownership
Funds ownership: 65.73% → 64.7% (-1%)
6% less funds holding
Funds holding: 268 → 253 (-15)
23% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 43
62% less call options, than puts
Call options by funds: $24.1M | Put options by funds: $62.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$8.34M |
| 2 |
Charles Schwab
San Francisco,
California
|
+$2.55M |
| 3 |
Goldman Sachs
New York
|
+$2.42M |
| 4 |
TI
Trexquant Investment
Stamford,
Connecticut
|
+$2.03M |
| 5 |
Morgan Stanley
New York
|
+$1.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
-$7.81M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$7.77M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$5.21M |
| 4 |
Millennium Management
New York
|
-$2.96M |
| 5 |
ACM
Altrius Capital Management
New Bern,
North Carolina
|
-$2.88M |
BGS Hedge Fund Activity: Q1 2023 in Review
253 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in B&G Foods (BGS) for Q1 2023, worth a combined $719M — up 39% from $516M a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of BGS and 33 opened new positions — a net loss of 10 holders — while 82 trimmed existing stakes and 93 added.
The largest buyer was Mirae Asset Global Investments, adding an estimated $8.34M. The largest seller was Marshall Wace, cutting an estimated $7.81M.
- 253 institutional investors held B&G Foods (BGS) as of Q1 2023, down from 268 in Q4 2022.
- Funds reported $719M of B&G Foods stock for Q1 2023, up 39% quarter-over-quarter.
- 33 funds opened new B&G Foods positions in Q1 2023 and 43 closed out, a net change of -10 holders.
- The largest B&G Foods buyer in Q1 2023 was Mirae Asset Global Investments, an estimated $8.34M added.
- The largest B&G Foods seller in Q1 2023 was Marshall Wace, an estimated $7.81M sold.
Based on aggregated 13F filings for Q1 2023.