BJs Wholesale Club
510 hedge funds and large institutions have $12B invested in BJs Wholesale Club in 2024 Q2 according to their latest regulatory filings, with 89 funds opening new positions, 170 increasing their positions, 186 reducing their positions, and 57 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 3 → 6 (+3)
81% more call options, than puts
Call options by funds: $156M | Put options by funds: $86.6M
56% more first-time investments, than exits
New positions opened: 89 | Existing positions closed: 57
17% more capital invested
Capital invested by funds: $10.2B → $12B (+$1.79B)
6% more funds holding
Funds holding: 482 → 510 (+28)
1.26% more ownership
Funds ownership: 101.99% → 103.26% (+1.3%)
9% less repeat investments, than reductions
Existing positions increased: 170 | Existing positions reduced: 186
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$208M |
| 2 |
Morgan Stanley
New York
|
+$178M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$66.5M |
| 4 |
Squarepoint
New York
|
+$57.3M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$53.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$144M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$107M |
| 3 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$54.6M |
| 4 |
EIP
Epoch Investment Partners
New York
|
-$52M |
| 5 |
Millennium Management
New York
|
-$31.2M |
BJ Hedge Fund Activity: Q2 2024 in Review
510 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in BJs Wholesale Club (BJ) for Q2 2024, worth a combined $12B — up 17% from $10.2B a quarter earlier.
Buyers outnumbered sellers: 89 funds opened new BJ positions and 57 closed out — a net gain of 32 holders — while 170 added to existing stakes and 186 trimmed.
The largest buyer was Kayne Anderson Rudnick Investment Management, adding an estimated $208M. The largest seller was Fidelity Investments, cutting an estimated $144M.
- 510 institutional investors held BJs Wholesale Club (BJ) as of Q2 2024, up from 482 in Q1 2024.
- Funds reported $12B of BJs Wholesale Club stock for Q2 2024, up 17% quarter-over-quarter.
- 89 funds opened new BJs Wholesale Club positions in Q2 2024 and 57 closed out, a net change of +32 holders.
- The largest BJs Wholesale Club buyer in Q2 2024 was Kayne Anderson Rudnick Investment Management, an estimated $208M added.
- The largest BJs Wholesale Club seller in Q2 2024 was Fidelity Investments, an estimated $144M sold.
Based on aggregated 13F filings for Q2 2024.