BJs Wholesale Club
451 hedge funds and large institutions have $9.35B invested in BJs Wholesale Club in 2023 Q4 according to their latest regulatory filings, with 72 funds opening new positions, 139 increasing their positions, 180 reducing their positions, and 64 closing their positions.
13% more first-time investments, than exits
New positions opened: 72 | Existing positions closed: 64
0.83% more ownership
Funds ownership: 104.33% → 105.16% (+0.83%)
0% less funds holding
Funds holding: 452 → 451 (-1)
8% less call options, than puts
Call options by funds: $91.1M | Put options by funds: $99.5M
6% less capital invested
Capital invested by funds: $9.95B → $9.35B (-$603M)
23% less repeat investments, than reductions
Existing positions increased: 139 | Existing positions reduced: 180
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$214M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$52.7M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$51.8M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$39.9M |
| 5 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
+$25.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$76.5M |
| 2 |
Renaissance Technologies
New York
|
-$37.2M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$33.4M |
| 4 |
ClearBridge Investments
New York
|
-$30.7M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$26.6M |
BJ Hedge Fund Activity: Q4 2023 in Review
451 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in BJs Wholesale Club (BJ) for Q4 2023, worth a combined $9.35B — down 6.1% from $9.95B a quarter earlier.
Buyers outnumbered sellers: 72 funds opened new BJ positions and 64 closed out — a net gain of 8 holders — while 139 added to existing stakes and 180 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $214M. The largest seller was Balyasny Asset Management, exiting entirely with an estimated $76.5M sold.
- 451 institutional investors held BJs Wholesale Club (BJ) as of Q4 2023, down from 452 in Q3 2023.
- Funds reported $9.35B of BJs Wholesale Club stock for Q4 2023, down 6.1% quarter-over-quarter.
- 72 funds opened new BJs Wholesale Club positions in Q4 2023 and 64 closed out, a net change of +8 holders.
- The largest BJs Wholesale Club buyer in Q4 2023 was Morgan Stanley, an estimated $214M added.
- The largest BJs Wholesale Club seller in Q4 2023 was Balyasny Asset Management, an estimated $76.5M sold.
Based on aggregated 13F filings for Q4 2023.