BJ's Restaurants
BJRI
156 hedge funds and large institutions have $589M invested in BJ's Restaurants in 2017 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 71 increasing their positions, 50 reducing their positions, and 32 closing their positions.
258% more call options, than puts
Call options by funds: $12.1M | Put options by funds: $3.38M
42% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 50
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9.65% less ownership
Funds ownership: 99.76% → 90.11% (-9.7%)
10% less funds holding
Funds holding: 174 → 156 (-18)
26% less capital invested
Capital invested by funds: $801M → $589M (-$211M)
56% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
MIG Capital
Newport Beach,
California
|
+$10.4M |
| 2 |
HCM
Highbridge Capital Management
New York
|
+$6.82M |
| 3 |
AC
Armistice Capital
New York
|
+$6.22M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$6.06M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$5.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$21.5M |
| 2 |
SAM
Scopus Asset Management
New York
|
-$19.4M |
| 3 |
DKCM
Davidson Kempner Capital Management
New York
|
-$15.8M |
| 4 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
-$13.5M |
| 5 |
AZA
Arthur Zaske & Associates
Bingham Farms,
Michigan
|
-$13.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCM
176
Prelude Capital Management
New York
| – | -$144K | -4,454 | Closed |
|
|
SWA
177
Sutton Wealth Advisors
Tampa,
Florida
| – | -$21.3K | -573 | Closed |
|
|
PAM
178
Panagora Asset Management
Boston,
Massachusetts
| – | -$18K | -496 | Closed |
|
|
FIB
179
First Interstate Bank
Billings,
Montana
| – | -$14K | -375 | Closed |
|
|
PHK
180
Point72 Hong Kong
Hong Kong
| – | -$8K | -228 | Closed |
|
|
NA
181
NewEdge Advisors
New Orleans,
Louisiana
| – | -$6.78K | -195 | Closed |
|
182
SEI Investments
Oaks,
Pennsylvania
| – | -$4.18K | -129 | -91% |
|
183
Creative Planning
Overland Park,
Kansas
| – | -$4K | -100 | Closed |
|
|
DADC
184
D.A. Davidson & Co
Great Falls,
Montana
| – | -$3K | -83 | Closed |
|
|
GAM
185
Gemmer Asset Management
Walnut Creek,
California
| – | -$3K | -71 | Closed |
|
|
IA
186
IFP Advisors
Tampa,
Florida
| – | -$1.78K | -55 | -92% |
|
|
QCG
187
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$1K | -31 | Closed |
|
|
PFBT
188
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | -$97 | -3 | -25% |
|
BJRI Hedge Fund Activity: Q3 2017 in Review
156 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in BJ's Restaurants (BJRI) for Q3 2017, worth a combined $589M — down 26% from $801M a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of BJRI and 14 opened new positions — a net loss of 18 holders — while 50 trimmed existing stakes and 71 added.
The largest buyer was MIG Capital, opening a new position worth an estimated $10.4M. The largest seller was Balyasny Asset Management, cutting an estimated $21.5M.
- 156 institutional investors held BJ's Restaurants (BJRI) as of Q3 2017, down from 174 in Q2 2017.
- Funds reported $589M of BJ's Restaurants stock for Q3 2017, down 26% quarter-over-quarter.
- 14 funds opened new BJ's Restaurants positions in Q3 2017 and 32 closed out, a net change of -18 holders.
- The largest BJ's Restaurants buyer in Q3 2017 was MIG Capital, an estimated $10.4M added.
- The largest BJ's Restaurants seller in Q3 2017 was Balyasny Asset Management, an estimated $21.5M sold.
Based on aggregated 13F filings for Q3 2017.