Birkenstock
BIRK
122 hedge funds and large institutions have $1.4B invested in Birkenstock in 2024 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 22 increasing their positions, 37 reducing their positions, and 22 closing their positions.
546% more call options, than puts
Call options by funds: $42M | Put options by funds: $6.5M
86% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 22
18% more funds holding
Funds holding: 103 → 122 (+19)
1.97% less ownership
Funds ownership: 17.75% → 15.78% (-2%)
14% less capital invested
Capital invested by funds: $1.62B → $1.4B (-$224M)
41% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
+$38.5M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$16.7M |
| 3 |
MGCM
Mane Global Capital Management
New York
|
+$14.9M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$11.5M |
| 5 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$9.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$112M |
| 2 |
Holocene Advisors
New York
|
-$36M |
| 3 |
SFM
Soros Fund Management
New York
|
-$30.5M |
| 4 |
DCP
Durable Capital Partners
Bethesda,
Maryland
|
-$29M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$22.2M |
BIRK Hedge Fund Activity: Q1 2024 in Review
122 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Birkenstock (BIRK) for Q1 2024, worth a combined $1.4B — down 14% from $1.62B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new BIRK positions and 22 closed out — a net gain of 19 holders — while 22 added to existing stakes and 37 trimmed.
The largest buyer was Nuveen, adding an estimated $38.5M. The largest seller was Morgan Stanley, cutting an estimated $112M.
- 122 institutional investors held Birkenstock (BIRK) as of Q1 2024, up from 103 in Q4 2023.
- Funds reported $1.4B of Birkenstock stock for Q1 2024, down 14% quarter-over-quarter.
- 41 funds opened new Birkenstock positions in Q1 2024 and 22 closed out, a net change of +19 holders.
- The largest Birkenstock buyer in Q1 2024 was Nuveen, an estimated $38.5M added.
- The largest Birkenstock seller in Q1 2024 was Morgan Stanley, an estimated $112M sold.
Based on aggregated 13F filings for Q1 2024.