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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.

New
Increased
Maintained
Reduced
Closed

200% more funds holding in top 10

Funds holding in top 10: 26 (+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: 144140 (-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

Holders
140
Holders Change
-4
Holders Change %
-2.78%
% of All Funds
3.12%
Holding in Top 10
6
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+200%
% of All Funds
0.13%
New
39
Increased
61
Reduced
37
Closed
41
Calls
$1.22M
Puts
$3.41M
Net Calls
-$2.18M
Net Calls Change
-$638K
Name Holding Trade Value Shares
Change
Change in
Stake
LGP
1
Leonard Green & Partners
California
$632M -$345M -15,034,658 -35%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$455M +$152M +6,619,701 +48%
Vanguard Group
3
Vanguard Group
Pennsylvania
$172M +$36.8M +1,600,878 +26%
BlackRock
4
BlackRock
New York
$110M +$37.9M +1,650,828 +50%
PI
5
Putnam Investments
Massachusetts
$91.5M +$44.4M +1,930,918 +88%
SCM
6
Sirios Capital Management
Massachusetts
$91.3M +$45.2M +1,965,806 +91%
JP Morgan Chase
7
JP Morgan Chase
New York
$82.6M +$22.4M +976,841 +36%
Citadel Advisors
8
Citadel Advisors
Florida
$70.8M -$19M -827,784 -21%
TCM
9
TimesSquare Capital Management
New York
$63.5M +$15.8M +687,070 +32%
Ameriprise
10
Ameriprise
Minnesota
$54.8M +$7.29M +317,415 +15%
ClearBridge Investments
11
ClearBridge Investments
New York
$52M +$20.1M +872,642 +59%
Massachusetts Financial Services
12
Massachusetts Financial Services
Massachusetts
$44.1M +$5M +217,610 +12%
State Street
13
State Street
Massachusetts
$36.8M +$24.2M +1,052,824 +173%
TA
14
Teachers Advisors
New York
$35M +$17.2M +748,245 +90%
Norges Bank
15
Norges Bank
Norway
$32.6M +$10.7M +466,397 +46%
Lord, Abbett & Co
16
Lord, Abbett & Co
New Jersey
$25.2M +$26.1M +1,136,766 New
T. Rowe Price Associates
17
T. Rowe Price Associates
Maryland
$23.2M +$31.3K +1,361 +0.1%
FAM
18
Fred Alger Management
New York
$23M -$18.1M -785,837 -43%
Aberdeen Group
19
Aberdeen Group
United Kingdom
$22.4M +$23.9M +1,039,090 New
Principal Financial Group
20
Principal Financial Group
Iowa
$22.3M +$5.55M +241,571 +32%
TCIM
21
TIAA CREF Investment Management
New York
$21.9M +$5.98M +260,079 +36%
SFM
22
Systematic Financial Management
New Jersey
$21.4M +$3.77M +164,121 +21%
Northern Trust
23
Northern Trust
Illinois
$19.2M +$7.59M +330,453 +62%
SCM
24
Simcoe Capital Management
New York
$18.6M +$19.2M +837,640 New
Bank of America
25
Bank of America
North Carolina
$17.5M +$11.5M +500,626 +173%

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.