BJ's Restaurants
BJRI
125 hedge funds and large institutions have $786M invested in BJ's Restaurants in 2014 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 35 increasing their positions, 58 reducing their positions, and 10 closing their positions.
30% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 10
2% more funds holding
Funds holding: 123 → 125 (+2)
4% less capital invested
Capital invested by funds: $817M → $786M (-$31M)
13% less call options, than puts
Call options by funds: $6.24M | Put options by funds: $7.14M
40% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 58
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCG
Luxor Capital Group
New York
|
+$10.6M |
| 2 |
Barclays
London,
United Kingdom
|
+$3.21M |
| 3 |
IAM
Impax Asset Management
Portsmouth,
New Hampshire
|
+$2.65M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.48M |
| 5 |
Neuberger Berman Group
New York
|
+$1.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$19.5M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$11.3M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$9.61M |
| 4 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
-$5.4M |
| 5 |
Morgan Stanley
New York
|
-$5.33M |
BJRI Hedge Fund Activity: Q3 2014 in Review
125 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in BJ's Restaurants (BJRI) for Q3 2014, worth a combined $786M — down 3.8% from $817M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new BJRI positions and 10 closed out — a net gain of 3 holders — while 35 added to existing stakes and 58 trimmed.
The largest buyer was Luxor Capital Group, adding an estimated $10.6M. The largest seller was Champlain Investment Partners, cutting an estimated $19.5M.
- 125 institutional investors held BJ's Restaurants (BJRI) as of Q3 2014, up from 123 in Q2 2014.
- Funds reported $786M of BJ's Restaurants stock for Q3 2014, down 3.8% quarter-over-quarter.
- 13 funds opened new BJ's Restaurants positions in Q3 2014 and 10 closed out, a net change of +3 holders.
- The largest BJ's Restaurants buyer in Q3 2014 was Luxor Capital Group, an estimated $10.6M added.
- The largest BJ's Restaurants seller in Q3 2014 was Champlain Investment Partners, an estimated $19.5M sold.
Based on aggregated 13F filings for Q3 2014.