BJs Wholesale Club
223 hedge funds and large institutions have $3.5B invested in BJs Wholesale Club in 2019 Q4 according to their latest regulatory filings, with 64 funds opening new positions, 84 increasing their positions, 58 reducing their positions, and 49 closing their positions.
45% more repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 58
31% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 49
9.96% more ownership
Funds ownership: 102.36% → 112.32% (+10%)
6% more funds holding
Funds holding: 211 → 223 (+12)
3% less capital invested
Capital invested by funds: $3.62B → $3.5B (-$117M)
48% less call options, than puts
Call options by funds: $7.85M | Put options by funds: $15M
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$134M |
| 2 |
EC
Eminence Capital
New York
|
+$49.8M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$37.3M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$31.7M |
| 5 |
State Street
Boston,
Massachusetts
|
+$31.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$33.4M |
| 2 |
Millennium Management
New York
|
-$24M |
| 3 |
Goldman Sachs
New York
|
-$21M |
| 4 |
LWCA
Locust Wood Capital Advisers
New York
|
-$18.7M |
| 5 |
FAM
Fred Alger Management
New York
|
-$17.7M |
BJ Hedge Fund Activity: Q4 2019 in Review
223 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in BJs Wholesale Club (BJ) for Q4 2019, worth a combined $3.5B — down 3.2% from $3.62B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new BJ positions and 49 closed out — a net gain of 15 holders — while 84 added to existing stakes and 58 trimmed.
The largest buyer was BlackRock, adding an estimated $134M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $33.4M sold.
- 223 institutional investors held BJs Wholesale Club (BJ) as of Q4 2019, up from 211 in Q3 2019.
- Funds reported $3.5B of BJs Wholesale Club stock for Q4 2019, down 3.2% quarter-over-quarter.
- 64 funds opened new BJs Wholesale Club positions in Q4 2019 and 49 closed out, a net change of +15 holders.
- The largest BJs Wholesale Club buyer in Q4 2019 was BlackRock, an estimated $134M added.
- The largest BJs Wholesale Club seller in Q4 2019 was Lord, Abbett & Co, an estimated $33.4M sold.
Based on aggregated 13F filings for Q4 2019.