B&G Foods
BGS
254 hedge funds and large institutions have $721M invested in B&G Foods in 2023 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 94 increasing their positions, 81 reducing their positions, and 43 closing their positions.
40% more capital invested
Capital invested by funds: $516M → $721M (+$205M)
16% more repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 81
0.18% more ownership
Funds ownership: 64.52% → 64.71% (+0.18%)
5% less funds holding
Funds holding: 268 → 254 (-14)
21% less first-time investments, than exits
New positions opened: 34 | 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
254 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in B&G Foods (BGS) for Q1 2023, worth a combined $721M — up 40% from $516M a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of BGS and 34 opened new positions — a net loss of 9 holders — while 81 trimmed existing stakes and 94 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.
- 254 institutional investors held B&G Foods (BGS) as of Q1 2023, down from 268 in Q4 2022.
- Funds reported $721M of B&G Foods stock for Q1 2023, up 40% quarter-over-quarter.
- 34 funds opened new B&G Foods positions in Q1 2023 and 43 closed out, a net change of -9 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.