BJs Wholesale Club
482 hedge funds and large institutions have $10.2B invested in BJs Wholesale Club in 2024 Q1 according to their latest regulatory filings, with 79 funds opening new positions, 169 increasing their positions, 171 reducing their positions, and 43 closing their positions.
84% more first-time investments, than exits
New positions opened: 79 | Existing positions closed: 43
15% more call options, than puts
Call options by funds: $93.6M | Put options by funds: $81.3M
10% more capital invested
Capital invested by funds: $9.35B → $10.2B (+$890M)
7% more funds holding
Funds holding: 451 → 482 (+31)
1% less repeat investments, than reductions
Existing positions increased: 169 | Existing positions reduced: 171
3.17% less ownership
Funds ownership: 105.16% → 101.99% (-3.2%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$267M |
| 2 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$86.5M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$77.2M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$51.7M |
| 5 |
Amundi
Paris,
France
|
+$51.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$297M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$150M |
| 3 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$110M |
| 4 |
CAM
Congress Asset Management
Boston,
Massachusetts
|
-$80.8M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$69.5M |
BJ Hedge Fund Activity: Q1 2024 in Review
482 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in BJs Wholesale Club (BJ) for Q1 2024, worth a combined $10.2B — up 9.5% from $9.35B a quarter earlier.
Buyers outnumbered sellers: 79 funds opened new BJ positions and 43 closed out — a net gain of 36 holders — while 169 added to existing stakes and 171 trimmed.
The largest buyer was Franklin Resources, adding an estimated $267M. The largest seller was Morgan Stanley, cutting an estimated $297M.
- 482 institutional investors held BJs Wholesale Club (BJ) as of Q1 2024, up from 451 in Q4 2023.
- Funds reported $10.2B of BJs Wholesale Club stock for Q1 2024, up 9.5% quarter-over-quarter.
- 79 funds opened new BJs Wholesale Club positions in Q1 2024 and 43 closed out, a net change of +36 holders.
- The largest BJs Wholesale Club buyer in Q1 2024 was Franklin Resources, an estimated $267M added.
- The largest BJs Wholesale Club seller in Q1 2024 was Morgan Stanley, an estimated $297M sold.
Based on aggregated 13F filings for Q1 2024.