BJs Wholesale Club
450 hedge funds and large institutions have $8.45B invested in BJs Wholesale Club in 2023 Q2 according to their latest regulatory filings, with 50 funds opening new positions, 154 increasing their positions, 198 reducing their positions, and 110 closing their positions.
4.95% more ownership
Funds ownership: 94.69% → 99.64% (+5%)
12% less funds holding
Funds holding: 514 → 450 (-64)
13% less capital invested
Capital invested by funds: $9.66B → $8.45B (-$1.21B)
22% less repeat investments, than reductions
Existing positions increased: 154 | Existing positions reduced: 198
24% less call options, than puts
Call options by funds: $44.8M | Put options by funds: $58.7M
45% less funds holding in top 10
Funds holding in top 10: 11 → 6 (-5)
55% less first-time investments, than exits
New positions opened: 50 | Existing positions closed: 110
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$461M |
| 2 |
Amundi
Paris,
France
|
+$240M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$228M |
| 4 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$96.7M |
| 5 |
Morgan Stanley
New York
|
+$75.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Holocene Advisors
New York
|
-$151M |
| 2 |
JCM
Junto Capital Management
New York
|
-$83M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$74.9M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$73.8M |
| 5 |
ZIG
Zurich Insurance Group
Zurich,
Switzerland
|
-$70.3M |
BJ Hedge Fund Activity: Q2 2023 in Review
450 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in BJs Wholesale Club (BJ) for Q2 2023, worth a combined $8.45B — down 13% from $9.66B a quarter earlier.
Sellers outnumbered buyers: 110 funds closed out of BJ and 50 opened new positions — a net loss of 60 holders — while 198 trimmed existing stakes and 154 added.
The largest buyer was Fidelity Investments, adding an estimated $461M. The largest seller was Holocene Advisors, cutting an estimated $151M.
- 450 institutional investors held BJs Wholesale Club (BJ) as of Q2 2023, down from 514 in Q1 2023.
- Funds reported $8.45B of BJs Wholesale Club stock for Q2 2023, down 13% quarter-over-quarter.
- 50 funds opened new BJs Wholesale Club positions in Q2 2023 and 110 closed out, a net change of -60 holders.
- The largest BJs Wholesale Club buyer in Q2 2023 was Fidelity Investments, an estimated $461M added.
- The largest BJs Wholesale Club seller in Q2 2023 was Holocene Advisors, an estimated $151M sold.
Based on aggregated 13F filings for Q2 2023.