BJ's Restaurants
BJRI
115 hedge funds and large institutions have $846M invested in BJ's Restaurants in 2014 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 36 increasing their positions, 45 reducing their positions, and 26 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
73% more call options, than puts
Call options by funds: $7.67M | Put options by funds: $4.42M
5% more capital invested
Capital invested by funds: $809M → $846M (+$37.1M)
10% less funds holding
Funds holding: 128 → 115 (-13)
20% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 45
42% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCG
Luxor Capital Group
New York
|
+$96.5M |
| 2 |
Morgan Stanley
New York
|
+$82.8M |
| 3 |
MC
MIG Capital
Newport Beach,
California
|
+$11.9M |
| 4 |
NRECA
National Rural Electric Cooperative Association
Arlington,
Virginia
|
+$10.1M |
| 5 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
+$9.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$66.3M |
| 2 |
MNA
Manning & Napier Advisors
Fairport,
New York
|
-$45.3M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$33M |
| 4 |
SCA
SAC Capital Advisors
Stamford,
Connecticut
|
-$14.9M |
| 5 |
Millennium Management
New York
|
-$12.9M |
BJRI Hedge Fund Activity: Q1 2014 in Review
115 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in BJ's Restaurants (BJRI) for Q1 2014, worth a combined $846M — up 4.6% from $809M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of BJRI and 15 opened new positions — a net loss of 11 holders — while 45 trimmed existing stakes and 36 added.
The largest buyer was Luxor Capital Group, opening a new position worth an estimated $96.5M. The largest seller was T. Rowe Price Associates, cutting an estimated $66.3M.
- 115 institutional investors held BJ's Restaurants (BJRI) as of Q1 2014, down from 128 in Q4 2013.
- Funds reported $846M of BJ's Restaurants stock for Q1 2014, up 4.6% quarter-over-quarter.
- 15 funds opened new BJ's Restaurants positions in Q1 2014 and 26 closed out, a net change of -11 holders.
- The largest BJ's Restaurants buyer in Q1 2014 was Luxor Capital Group, an estimated $96.5M added.
- The largest BJ's Restaurants seller in Q1 2014 was T. Rowe Price Associates, an estimated $66.3M sold.
Based on aggregated 13F filings for Q1 2014.