BJ's Restaurants
BJRI
144 hedge funds and large institutions have $572M invested in BJ's Restaurants in 2022 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 49 increasing their positions, 51 reducing their positions, and 21 closing their positions.
2% more capital invested
Capital invested by funds: $560M → $572M (+$12M)
3% less call options, than puts
Call options by funds: $4.14M | Put options by funds: $4.26M
4% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 51
2.83% less ownership
Funds ownership: 100.12% → 97.29% (-2.8%)
3% less funds holding
Funds holding: 149 → 144 (-5)
24% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 21
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCMC
RK Capital Management (Colorado)
Denver,
Colorado
|
+$5.5M |
| 2 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
+$5.32M |
| 3 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$3.06M |
| 4 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
+$2.59M |
| 5 |
Morgan Stanley
New York
|
+$2.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$18.8M |
| 2 |
NFAM
North Fourth Asset Management
Englewood Cliffs,
New Jersey
|
-$13.2M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$7.41M |
| 4 |
Goldman Sachs
New York
|
-$3M |
| 5 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$2.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LCM
151
Landscape Capital Management
Englewood,
New Jersey
| – | -$631K | -26,452 | Closed |
|
|
SFI
152
Susquehanna Fundamental Investments
Bala Cynwyd,
Pennsylvania
| – | -$457K | -19,163 | Closed |
|
153
Squarepoint
New York
| – | -$284K | -11,902 | Closed |
|
154
Walleye Trading
New York
| – | -$257K | -10,786 | Closed |
|
|
GCP
155
GSA Capital Partners
London,
United Kingdom
| – | -$244K | -10,236 | Closed |
|
|
VI
156
Versor Investments
New York
| – | -$232K | -9,731 | Closed |
|
157
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
| – | -$212K | -8,900 | Closed |
|
|
MOACM
158
Mutual of America Capital Management
New York
| – | -$111K | -4,666 | Closed |
|
|
FEG
159
Financial Enhancement Group
Anderson,
Indiana
| – | -$72K | -3,000 | Closed |
|
|
PI
160
PEAK6 Investments
Chicago,
Illinois
| – | -$57.4K | -1,965 | Closed |
|
161
Group One Trading
Chicago,
Illinois
| – | -$32.8K | -1,124 | Closed |
|
|
QC
162
Quent Capital
New York
| – | -$2K | -68 | Closed |
|
|
IA
163
IFP Advisors
Tampa,
Florida
| – | -$1K | -1 | Closed |
|
BJRI Hedge Fund Activity: Q4 2022 in Review
144 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in BJ's Restaurants (BJRI) for Q4 2022, worth a combined $572M — up 2.1% from $560M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of BJRI and 16 opened new positions — a net loss of 5 holders — while 51 trimmed existing stakes and 49 added.
The largest buyer was RK Capital Management (Colorado), opening a new position worth an estimated $5.5M. The largest seller was Millennium Management, cutting an estimated $18.8M.
- 144 institutional investors held BJ's Restaurants (BJRI) as of Q4 2022, down from 149 in Q3 2022.
- Funds reported $572M of BJ's Restaurants stock for Q4 2022, up 2.1% quarter-over-quarter.
- 16 funds opened new BJ's Restaurants positions in Q4 2022 and 21 closed out, a net change of -5 holders.
- The largest BJ's Restaurants buyer in Q4 2022 was RK Capital Management (Colorado), an estimated $5.5M added.
- The largest BJ's Restaurants seller in Q4 2022 was Millennium Management, an estimated $18.8M sold.
Based on aggregated 13F filings for Q4 2022.