BJs Wholesale Club
140 hedge funds and large institutions have $2.52B invested in BJs Wholesale Club in 2018 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 61 increasing their positions, 37 reducing their positions, and 41 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 2 → 6 (+4)
65% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 37
5% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 41
1.56% less ownership
Funds ownership: 84.52% → 82.96% (-1.6%)
3% less funds holding
Funds holding: 144 → 140 (-4)
18% less capital invested
Capital invested by funds: $3.08B → $2.52B (-$562M)
64% less call options, than puts
Call options by funds: $1.22M | Put options by funds: $3.41M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$152M |
| 2 |
SCM
Sirios Capital Management
Boston,
Massachusetts
|
+$45.2M |
| 3 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$44.4M |
| 4 |
BlackRock
New York
|
+$37.9M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$36.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LGP
Leonard Green & Partners
Los Angeles,
California
|
-$345M |
| 2 |
Millennium Management
New York
|
-$30.1M |
| 3 |
DKCM
Davidson Kempner Capital Management
New York
|
-$26.8M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
-$22M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$19.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OAM
176
Oxford Asset Management
Oxford,
United Kingdom
| – | -$236K | -9,041 | Closed |
|
177
Group One Trading
Chicago,
Illinois
| – | -$127K | -5,535 | Closed |
|
|
FIA
178
FNY Investment Advisers
New York
| – | -$80K | -3,000 | Closed |
|
|
SWM
179
SeaCrest Wealth Management
Purchase,
New York
| – | -$67K | -2,500 | Closed |
|
|
GP
180
Girard Partners
King Of Prussia,
Pennsylvania
| – | -$32K | -1,200 | Closed |
|
181
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$16K | -600 | Closed |
|
|
PA
182
Parallel Advisors
San Francisco,
California
| – | -$5K | -200 | Closed |
|
BJ Hedge Fund Activity: Q4 2018 in Review
140 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in BJs Wholesale Club (BJ) for Q4 2018, worth a combined $2.52B — down 18% from $3.08B a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of BJ and 39 opened new positions — a net loss of 2 holders — while 37 trimmed existing stakes and 61 added.
The largest buyer was Fidelity Investments, adding an estimated $152M. The largest seller was Leonard Green & Partners, cutting an estimated $345M.
- 140 institutional investors held BJs Wholesale Club (BJ) as of Q4 2018, down from 144 in Q3 2018.
- Funds reported $2.52B of BJs Wholesale Club stock for Q4 2018, down 18% quarter-over-quarter.
- 39 funds opened new BJs Wholesale Club positions in Q4 2018 and 41 closed out, a net change of -2 holders.
- The largest BJs Wholesale Club buyer in Q4 2018 was Fidelity Investments, an estimated $152M added.
- The largest BJs Wholesale Club seller in Q4 2018 was Leonard Green & Partners, an estimated $345M sold.
Based on aggregated 13F filings for Q4 2018.