Birkenstock
BIRK
176 hedge funds and large institutions have $9.84B invested in Birkenstock in 2024 Q2 according to their latest regulatory filings, with 73 funds opening new positions, 59 increasing their positions, 24 reducing their positions, and 20 closing their positions.
400% more funds holding in top 10
Funds holding in top 10: 1 → 5 (+4)
265% more first-time investments, than exits
New positions opened: 73 | Existing positions closed: 20
146% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 24
114% more call options, than puts
Call options by funds: $62M | Put options by funds: $29M
42% more funds holding
Funds holding: 124 → 176 (+52)
14% more capital invested
Capital invested by funds: $8.6B → $9.84B (+$1.24B)
0.59% less ownership
Funds ownership: 96.85% → 96.27% (-0.59%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$56.5M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$48.7M |
| 3 |
GCM
Ghisallo Capital Management
Boston,
Massachusetts
|
+$39.7M |
| 4 |
LP
LMR Partners
London,
United Kingdom
|
+$39.4M |
| 5 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$34.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CMC
Catterton Management Company
Greenwich,
Connecticut
|
-$732M |
| 2 |
DCP
Durable Capital Partners
Bethesda,
Maryland
|
-$46M |
| 3 |
BL
BWCP LP
Dallas,
Texas
|
-$9.91M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$8.45M |
| 5 |
CCM
Cinctive Capital Management
New York
|
-$7.5M |
BIRK Hedge Fund Activity: Q2 2024 in Review
176 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Birkenstock (BIRK) for Q2 2024, worth a combined $9.84B — up 14% from $8.6B a quarter earlier.
Buyers outnumbered sellers: 73 funds opened new BIRK positions and 20 closed out — a net gain of 53 holders — while 59 added to existing stakes and 24 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $56.5M. The largest seller was Catterton Management Company, cutting an estimated $732M.
- 176 institutional investors held Birkenstock (BIRK) as of Q2 2024, up from 124 in Q1 2024.
- Funds reported $9.84B of Birkenstock stock for Q2 2024, up 14% quarter-over-quarter.
- 73 funds opened new Birkenstock positions in Q2 2024 and 20 closed out, a net change of +53 holders.
- The largest Birkenstock buyer in Q2 2024 was Millennium Management, an estimated $56.5M added.
- The largest Birkenstock seller in Q2 2024 was Catterton Management Company, an estimated $732M sold.
Based on aggregated 13F filings for Q2 2024.