BJs Wholesale Club
211 hedge funds and large institutions have $3.62B invested in BJs Wholesale Club in 2019 Q3 according to their latest regulatory filings, with 56 funds opening new positions, 81 increasing their positions, 61 reducing their positions, and 42 closing their positions.
33% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 42
33% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 61
13% more call options, than puts
Call options by funds: $14M | Put options by funds: $12.5M
7% more funds holding
Funds holding: 198 → 211 (+13)
1.47% less ownership
Funds ownership: 103.83% → 102.36% (-1.5%)
5% less capital invested
Capital invested by funds: $3.81B → $3.62B (-$194M)
50% less funds holding in top 10
Funds holding in top 10: 8 → 4 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
+$81.4M |
| 2 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$32.7M |
| 3 |
APG Asset Management
Amsterdam,
Netherlands
|
+$29.1M |
| 4 |
JP Morgan Chase
New York
|
+$27.9M |
| 5 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$25.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LGP
Leonard Green & Partners
Los Angeles,
California
|
-$263M |
| 2 |
ECM
Element Capital Management
New York
|
-$59.9M |
| 3 |
SCM
Sirios Capital Management
Boston,
Massachusetts
|
-$29.4M |
| 4 |
FAM
Fred Alger Management
New York
|
-$25.1M |
| 5 |
Millennium Management
New York
|
-$24.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
251
Walleye Trading
New York
| – | -$15K | -583 | Closed |
|
252
Bessemer Group
Woodbridge,
New Jersey
| – | -$7K | -281 | Closed |
|
BJ Hedge Fund Activity: Q3 2019 in Review
211 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in BJs Wholesale Club (BJ) for Q3 2019, worth a combined $3.62B — down 5.1% from $3.81B a quarter earlier.
Buyers outnumbered sellers: 56 funds opened new BJ positions and 42 closed out — a net gain of 14 holders — while 81 added to existing stakes and 61 trimmed.
The largest buyer was William Blair Investment Management, adding an estimated $81.4M. The largest seller was Leonard Green & Partners, exiting entirely with an estimated $263M sold.
- 211 institutional investors held BJs Wholesale Club (BJ) as of Q3 2019, up from 198 in Q2 2019.
- Funds reported $3.62B of BJs Wholesale Club stock for Q3 2019, down 5.1% quarter-over-quarter.
- 56 funds opened new BJs Wholesale Club positions in Q3 2019 and 42 closed out, a net change of +14 holders.
- The largest BJs Wholesale Club buyer in Q3 2019 was William Blair Investment Management, an estimated $81.4M added.
- The largest BJs Wholesale Club seller in Q3 2019 was Leonard Green & Partners, an estimated $263M sold.
Based on aggregated 13F filings for Q3 2019.