Birkenstock
BIRK
124 hedge funds and large institutions have $8.6B invested in Birkenstock in 2024 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 23 increasing their positions, 36 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
91% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 22
19% more funds holding
Funds holding: 104 → 124 (+20)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.72% less ownership
Funds ownership: 97.57% → 96.85% (-0.72%)
4% less capital invested
Capital invested by funds: $8.93B → $8.6B (-$335M)
36% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 36
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
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 |
Holocene Advisors
New York
|
-$36M |
| 2 |
SFM
Soros Fund Management
New York
|
-$30.5M |
| 3 |
DCP
Durable Capital Partners
Bethesda,
Maryland
|
-$29M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$22.2M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$21.5M |
BIRK Hedge Fund Activity: Q1 2024 in Review
124 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Birkenstock (BIRK) for Q1 2024, worth a combined $8.6B — down 3.8% from $8.93B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new BIRK positions and 22 closed out — a net gain of 20 holders — while 23 added to existing stakes and 36 trimmed.
The largest buyer was Nuveen, adding an estimated $38.5M. The largest seller was Holocene Advisors, exiting entirely with an estimated $36M sold.
- 124 institutional investors held Birkenstock (BIRK) as of Q1 2024, up from 104 in Q4 2023.
- Funds reported $8.6B of Birkenstock stock for Q1 2024, down 3.8% quarter-over-quarter.
- 42 funds opened new Birkenstock positions in Q1 2024 and 22 closed out, a net change of +20 holders.
- The largest Birkenstock buyer in Q1 2024 was Nuveen, an estimated $38.5M added.
- The largest Birkenstock seller in Q1 2024 was Holocene Advisors, an estimated $36M sold.
Based on aggregated 13F filings for Q1 2024.