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BJs Wholesale Club

287 hedge funds and large institutions have $5.5B invested in BJs Wholesale Club in 2020 Q2 according to their latest regulatory filings, with 86 funds opening new positions, 106 increasing their positions, 78 reducing their positions, and 42 closing their positions.

New
Increased
Maintained
Reduced
Closed

600% more funds holding in top 10

Funds holding in top 10: 17 (+6)

105% more first-time investments, than exits

New positions opened: 86 | Existing positions closed: 42

44% more capital invested

Capital invested by funds: $3.81B → $5.5B (+$1.69B)

36% more repeat investments, than reductions

Existing positions increased: 106 | Existing positions reduced: 78

18% more funds holding

Funds holding: 244287 (+43)

2.67% less ownership

Funds ownership: 109%106.33% (-2.7%)

46% less call options, than puts

Call options by funds: $42.9M | Put options by funds: $78.8M

Holders
287
Holders Change
+43
Holders Change %
+17.62%
% of All Funds
5.88%
Holding in Top 10
7
Holding in Top 10 Change
+6
Holding in Top 10 Change %
+600%
% of All Funds
0.14%
New
86
Increased
106
Reduced
78
Closed
42
Calls
$42.9M
Puts
$78.8M
Net Calls
-$35.9M
Net Calls Change
-$40.6M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$550M +$38.7M +1,259,031 +9%
Vanguard Group
2
Vanguard Group
Pennsylvania
$499M +$10M +326,480 +3%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$465M -$212M -6,905,349 -36%
PI
4
Putnam Investments
Massachusetts
$283M +$23.1M +751,098 +11%
William Blair Investment Management
5
William Blair Investment Management
Illinois
$266M -$57.3M -1,864,676 -21%
Wells Fargo
6
Wells Fargo
California
$245M +$129M +4,206,481 +178%
ClearBridge Investments
7
ClearBridge Investments
New York
$217M -$4.78M -155,562 -3%
JP Morgan Chase
8
JP Morgan Chase
New York
$186M -$39.4M -1,283,194 -20%
State Street
9
State Street
Massachusetts
$158M +$8.8M +286,622 +7%
Invesco
10
Invesco
Georgia
$114M +$1.85M +60,194 +2%
Bank of America
11
Bank of America
North Carolina
$106M +$41.7M +1,357,511 +92%
RRAM
12
River Road Asset Management
Kentucky
$104M +$3.56M +115,910 +4%
N
13
Nuveen
North Carolina
$98.2M +$31.1M +1,014,352 +63%
TCM
14
TimesSquare Capital Management
New York
$87.7M -$15.7M -512,325 -18%
Franklin Resources
15
Franklin Resources
California
$83M -$11.2M -365,442 -15%
Northern Trust
16
Northern Trust
Illinois
$81.2M +$11M +357,017 +20%
Massachusetts Financial Services
17
Massachusetts Financial Services
Massachusetts
$77.6M -$5.02M -163,398 -7%
Geode Capital Management
18
Geode Capital Management
Massachusetts
$69.3M +$5.52M +179,717 +11%
Neuberger Berman Group
19
Neuberger Berman Group
New York
$66.7M +$16.9M +551,600 +45%
Aberdeen Group
20
Aberdeen Group
United Kingdom
$63.7M -$23.7M -770,706 -31%
Dimensional Fund Advisors
21
Dimensional Fund Advisors
Texas
$63.4M +$1.59M +51,889 +3%
Macquarie Group
22
Macquarie Group
Australia
$63.1M +$18.5M +603,082 +55%
Goldman Sachs
23
Goldman Sachs
New York
$59.2M -$12.1M -394,845 -20%
Victory Capital Management
24
Victory Capital Management
Texas
$55M -$69.5M -2,263,937 -61%
Bank of New York Mellon
25
Bank of New York Mellon
New York
$54.3M +$3.13M +101,995 +8%

BJ Hedge Fund Activity: Q2 2020 in Review

287 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in BJs Wholesale Club (BJ) for Q2 2020, worth a combined $5.5B — up 44% from $3.81B a quarter earlier.

Buyers outnumbered sellers: 86 funds opened new BJ positions and 42 closed out — a net gain of 44 holders — while 106 added to existing stakes and 78 trimmed.

The largest buyer was Wells Fargo, adding an estimated $129M. The largest seller was Fidelity Investments, cutting an estimated $212M.

  • 287 institutional investors held BJs Wholesale Club (BJ) as of Q2 2020, up from 244 in Q1 2020.
  • Funds reported $5.5B of BJs Wholesale Club stock for Q2 2020, up 44% quarter-over-quarter.
  • 86 funds opened new BJs Wholesale Club positions in Q2 2020 and 42 closed out, a net change of +44 holders.
  • The largest BJs Wholesale Club buyer in Q2 2020 was Wells Fargo, an estimated $129M added.
  • The largest BJs Wholesale Club seller in Q2 2020 was Fidelity Investments, an estimated $212M sold.

Based on aggregated 13F filings for Q2 2020.