Big Lots, Inc.
BIG was delisted on the 6th of September, 2024.
180 hedge funds and large institutions have $325M invested in Big Lots, Inc. in 2023 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 66 increasing their positions, 61 reducing their positions, and 29 closing their positions.
8% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 61
3% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 29
2% less funds holding
Funds holding: 183 → 180 (-3)
22% less call options, than puts
Call options by funds: $15.7M | Put options by funds: $20.1M
22% less capital invested
Capital invested by funds: $417M → $325M (-$91.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$14.7M |
| 2 |
State Street
Boston,
Massachusetts
|
+$3.42M |
| 3 |
CCP
Clifford Capital Partners
Alpine,
Utah
|
+$3.06M |
| 4 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$3.05M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$2.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$11.1M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
-$4.36M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$3.38M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$3.23M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$2.92M |
BIG Hedge Fund Activity: Q1 2023 in Review
180 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Big Lots, Inc. (BIG) for Q1 2023, worth a combined $325M — down 22% from $417M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of BIG and 28 opened new positions — a net loss of 1 holder — while 61 trimmed existing stakes and 66 added.
The largest buyer was Millennium Management, opening a new position worth an estimated $14.7M. The largest seller was Vanguard Group, cutting an estimated $11.1M.
- 180 institutional investors held Big Lots, Inc. (BIG) as of Q1 2023, down from 183 in Q4 2022.
- Funds reported $325M of Big Lots, Inc. stock for Q1 2023, down 22% quarter-over-quarter.
- 28 funds opened new Big Lots, Inc. positions in Q1 2023 and 29 closed out, a net change of -1 holder.
- The largest Big Lots, Inc. buyer in Q1 2023 was Millennium Management, an estimated $14.7M added.
- The largest Big Lots, Inc. seller in Q1 2023 was Vanguard Group, an estimated $11.1M sold.
Based on aggregated 13F filings for Q1 2023.