BJ's Restaurants
BJRI
167 hedge funds and large institutions have $814M invested in BJ's Restaurants in 2024 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 35 increasing their positions, 75 reducing their positions, and 21 closing their positions.
33% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 21
4% more funds holding
Funds holding: 161 → 167 (+6)
4% less capital invested
Capital invested by funds: $848M → $814M (-$33.7M)
4.97% less ownership
Funds ownership: 101.33% → 96.36% (-5%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
53% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 75
65% less call options, than puts
Call options by funds: $4.8M | Put options by funds: $13.8M
Top Buyers
| 1 |
F1I
Fund 1 Investments
Rincon,
Puerto Rico
|
+$30.7M |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
+$21.6M |
| 3 |
National Bank of Canada
Montreal,
Quebec, Canada
|
+$4.54M |
| 4 |
CWM
CIBC World Markets
New York
|
+$4.35M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$3.63M |
Top Sellers
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$15.3M |
| 2 |
Millennium Management
New York
|
-$13.1M |
| 3 |
BlackRock
New York
|
-$10.6M |
| 4 |
PI
PEAK6 Investments
Chicago,
Illinois
|
-$9.38M |
| 5 |
Morgan Stanley
New York
|
-$7.35M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FP
176
Factorial Partners
Mt. Kisco,
New York
| – | -$551K | -15,300 | Closed |
|
177
HSBC Holdings
London,
United Kingdom
| – | -$535K | -14,629 | Closed |
|
178
Mirae Asset Global Investments
Seoul,
South Korea
| – | -$367K | -10,189 | Closed |
|
179
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
| – | -$235K | -6,520 | Closed |
|
|
CAN
180
Cetera Advisor Networks
El Segundo,
California
| – | -$212K | -5,875 | Closed |
|
181
Lazard Asset Management
New York
| – | -$101K | -2,820 | Closed |
|
|
A
182
AlphaQuest
New York
| – | -$94.6K | -2,626 | Closed |
|
|
CG
183
Cutler Group
San Francisco,
California
| – | -$68K | -1,901 | Closed |
|
|
A
184
AJOVista
Boston,
Massachusetts
| – | -$10.4K | -289 | Closed |
|
|
CIA
185
Cape Investment Advisory
Mcdonough,
Georgia
| – | -$1.69K | -47 | Closed |
|
186
Allspring Global Investments
Charlotte,
North Carolina
| – | -$1.48K | -41 | Closed |
|
|
GWS
187
Glassman Wealth Services
Vienna,
Virginia
| – | -$360 | -10 | Closed |
|
|
C
188
Covestor
London,
United Kingdom
| – | +$104 | +3 | New |
|
BJRI Hedge Fund Activity: Q1 2024 in Review
167 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in BJ's Restaurants (BJRI) for Q1 2024, worth a combined $814M — down 4% from $848M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new BJRI positions and 21 closed out — a net gain of 7 holders — while 35 added to existing stakes and 75 trimmed.
The largest buyer was Fund 1 Investments, adding an estimated $30.7M. The largest seller was T. Rowe Price Investment Management, cutting an estimated $15.3M.
- 167 institutional investors held BJ's Restaurants (BJRI) as of Q1 2024, up from 161 in Q4 2023.
- Funds reported $814M of BJ's Restaurants stock for Q1 2024, down 4% quarter-over-quarter.
- 28 funds opened new BJ's Restaurants positions in Q1 2024 and 21 closed out, a net change of +7 holders.
- The largest BJ's Restaurants buyer in Q1 2024 was Fund 1 Investments, an estimated $30.7M added.
- The largest BJ's Restaurants seller in Q1 2024 was T. Rowe Price Investment Management, an estimated $15.3M sold.
Based on aggregated 13F filings for Q1 2024.