BJs Wholesale Club
514 hedge funds and large institutions have $9.66B invested in BJs Wholesale Club in 2023 Q1 according to their latest regulatory filings, with 67 funds opening new positions, 217 increasing their positions, 171 reducing their positions, and 43 closing their positions.
83% more funds holding in top 10
Funds holding in top 10: 6 → 11 (+5)
56% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 43
27% more repeat investments, than reductions
Existing positions increased: 217 | Existing positions reduced: 171
16% more capital invested
Capital invested by funds: $8.31B → $9.66B (+$1.35B)
3% more funds holding
Funds holding: 499 → 514 (+15)
0.25% more ownership
Funds ownership: 94.43% → 94.69% (+0.25%)
43% less call options, than puts
Call options by funds: $113M | Put options by funds: $198M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Congress Asset Management
Boston,
Massachusetts
|
+$93.4M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$82.6M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$80.1M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$60.9M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$153M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$89.3M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$52.9M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$37M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$31.9M |
BJ Hedge Fund Activity: Q1 2023 in Review
514 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in BJs Wholesale Club (BJ) for Q1 2023, worth a combined $9.66B — up 16% from $8.31B a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new BJ positions and 43 closed out — a net gain of 24 holders — while 217 added to existing stakes and 171 trimmed.
The largest buyer was Congress Asset Management, adding an estimated $93.4M. The largest seller was Putnam Investments, cutting an estimated $153M.
- 514 institutional investors held BJs Wholesale Club (BJ) as of Q1 2023, up from 499 in Q4 2022.
- Funds reported $9.66B of BJs Wholesale Club stock for Q1 2023, up 16% quarter-over-quarter.
- 67 funds opened new BJs Wholesale Club positions in Q1 2023 and 43 closed out, a net change of +24 holders.
- The largest BJs Wholesale Club buyer in Q1 2023 was Congress Asset Management, an estimated $93.4M added.
- The largest BJs Wholesale Club seller in Q1 2023 was Putnam Investments, an estimated $153M sold.
Based on aggregated 13F filings for Q1 2023.