BJ's Restaurants
BJRI
152 hedge funds and large institutions have $760M invested in BJ's Restaurants in 2013 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 52 increasing their positions, 53 reducing their positions, and 20 closing their positions.
30% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 20
3% more funds holding
Funds holding: 147 → 152 (+5)
2% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 53
21% less capital invested
Capital invested by funds: $968M → $760M (-$207M)
50% less call options, than puts
Call options by funds: $1.12M | Put options by funds: $2.21M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$44M |
| 2 |
CI
Cambiar Investors
Denver,
Colorado
|
+$33.8M |
| 3 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$24.1M |
| 4 |
TCP
TAMRO Capital Partners
Alexandria,
Virginia
|
+$11.5M |
| 5 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$10.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$16.4M |
| 2 |
TG
TCW Group
Los Angeles,
California
|
-$15.3M |
| 3 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
-$14.4M |
| 4 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
-$12.2M |
| 5 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
-$12.1M |
BJRI Hedge Fund Activity: Q3 2013 in Review
152 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in BJ's Restaurants (BJRI) for Q3 2013, worth a combined $760M — down 21% from $968M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new BJRI positions and 20 closed out — a net gain of 6 holders — while 52 added to existing stakes and 53 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $44M. The largest seller was Fidelity Investments, cutting an estimated $16.4M.
- 152 institutional investors held BJ's Restaurants (BJRI) as of Q3 2013, up from 147 in Q2 2013.
- Funds reported $760M of BJ's Restaurants stock for Q3 2013, down 21% quarter-over-quarter.
- 26 funds opened new BJ's Restaurants positions in Q3 2013 and 20 closed out, a net change of +6 holders.
- The largest BJ's Restaurants buyer in Q3 2013 was Citadel Advisors, an estimated $44M added.
- The largest BJ's Restaurants seller in Q3 2013 was Fidelity Investments, an estimated $16.4M sold.
Based on aggregated 13F filings for Q3 2013.