BJ's Restaurants
BJRI
124 hedge funds and large institutions have $786M invested in BJ's Restaurants in 2014 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 35 increasing their positions, 58 reducing their positions, and 10 closing their positions.
20% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 10
1% more funds holding
Funds holding: 123 → 124 (+1)
4% less capital invested
Capital invested by funds: $817M → $786M (-$31.4M)
13% less call options, than puts
Call options by funds: $6.24M | Put options by funds: $7.14M
40% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 58
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| 1 |
LCG
Luxor Capital Group
New York
|
+$10.6M |
| 2 |
Barclays
London,
United Kingdom
|
+$3.21M |
| 3 |
IAM
Impax Asset Management
Portsmouth,
New Hampshire
|
+$2.65M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.48M |
| 5 |
Neuberger Berman Group
New York
|
+$1.96M |
Top Sellers
| 1 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$19.5M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$11.3M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$9.61M |
| 4 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
-$5.4M |
| 5 |
Morgan Stanley
New York
|
-$5.33M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CCPM
126
Cooper Creek Partners Management
New York
| – | -$3.2M | -91,785 | Closed |
|
|
HCM
127
Highbridge Capital Management
New York
| – | -$1.11M | -31,696 | Closed |
|
128
Jane Street
New York
| – | -$656K | -18,790 | Closed |
|
129
Nomura Holdings
Tokyo,
Japan
| – | -$334K | -9,555 | Closed |
|
|
VKH
130
Virtu KCG Holdings
New York
| – | -$232K | -6,640 | Closed |
|
131
Marshall Wace
London,
United Kingdom
| – | -$220K | -6,300 | Closed |
|
|
VFA
132
Virtus Fund Advisers
Hartford,
Connecticut
| – | -$71K | -2,022 | Closed |
|
133
Group One Trading
Chicago,
Illinois
| – | -$65.7K | -1,858 | Closed |
|
|
BJ
134
BlackRock Japan
Tokyo,
Japan
| – | -$9K | -249 | Closed |
|
BJRI Hedge Fund Activity: Q3 2014 in Review
124 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in BJ's Restaurants (BJRI) for Q3 2014, worth a combined $786M — down 3.8% from $817M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new BJRI positions and 10 closed out — a net gain of 2 holders — while 35 added to existing stakes and 58 trimmed.
The largest buyer was Luxor Capital Group, adding an estimated $10.6M. The largest seller was Champlain Investment Partners, cutting an estimated $19.5M.
- 124 institutional investors held BJ's Restaurants (BJRI) as of Q3 2014, up from 123 in Q2 2014.
- Funds reported $786M of BJ's Restaurants stock for Q3 2014, down 3.8% quarter-over-quarter.
- 12 funds opened new BJ's Restaurants positions in Q3 2014 and 10 closed out, a net change of +2 holders.
- The largest BJ's Restaurants buyer in Q3 2014 was Luxor Capital Group, an estimated $10.6M added.
- The largest BJ's Restaurants seller in Q3 2014 was Champlain Investment Partners, an estimated $19.5M sold.
Based on aggregated 13F filings for Q3 2014.