BJs Wholesale Club
612 hedge funds and large institutions have $13.4B invested in BJs Wholesale Club in 2025 Q3 according to their latest regulatory filings, with 83 funds opening new positions, 219 increasing their positions, 235 reducing their positions, and 105 closing their positions.
66% more capital inflows, than outflows
Capital inflows: $1.93B | Capital outflows: $1.16B
5.95% more ownership
Funds ownership: 102.77% → 108.72% (+5.9%)
7% less repeat investments, than reductions
Existing positions increased: 219 | Existing positions reduced: 235
5% less funds holding
Funds holding: 646 → 612 (-34)
21% less first-time investments, than exits
New positions opened: 83 | Existing positions closed: 105
28% less call options, than puts
Call options by funds: $121M | Put options by funds: $168M
57% less funds holding in top 10
Funds holding in top 10: 7 → 3 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$316M |
| 2 |
Danica Pension Livsforsikrings
Copenhagen V,
|
+$121M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$118M |
| 4 |
River Road Asset Management
Louisville,
Kentucky
|
+$106M |
| 5 |
State Street
Boston,
Massachusetts
|
+$105M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$395M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$111M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$35.9M |
| 4 |
Renaissance Group
Covington,
Kentucky
|
-$33M |
| 5 |
Neuberger Berman Group
New York
|
-$27M |
BJ Hedge Fund Activity: Q3 2025 in Review
612 of the 7,660 institutional investors tracked by Wall St. Rank reported a position in BJs Wholesale Club (BJ) for Q3 2025, worth a combined $13.4B — down 8.7% from $14.6B a quarter earlier.
Sellers outnumbered buyers: 105 funds closed out of BJ and 83 opened new positions — a net loss of 22 holders — while 235 trimmed existing stakes and 219 added.
The largest buyer was Victory Capital Management, adding an estimated $316M. The largest seller was Fidelity Investments, cutting an estimated $395M.
- 612 institutional investors held BJs Wholesale Club (BJ) as of Q3 2025, down from 646 in Q2 2025.
- Funds reported $13.4B of BJs Wholesale Club stock for Q3 2025, down 8.7% quarter-over-quarter.
- 83 funds opened new BJs Wholesale Club positions in Q3 2025 and 105 closed out, a net change of -22 holders.
- The largest BJs Wholesale Club buyer in Q3 2025 was Victory Capital Management, an estimated $316M added.
- The largest BJs Wholesale Club seller in Q3 2025 was Fidelity Investments, an estimated $395M sold.
Based on aggregated 13F filings for Q3 2025.