BJ's Restaurants
BJRI
147 hedge funds and large institutions have $1.12B invested in BJ's Restaurants in 2014 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 25 increasing their positions, 61 reducing their positions, and 12 closing their positions.
300% more funds holding in top 10
Funds holding in top 10: 1 → 4 (+3)
192% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 12
169% more call options, than puts
Call options by funds: $13.6M | Put options by funds: $5.07M
43% more capital invested
Capital invested by funds: $786M → $1.12B (+$336M)
18% more funds holding
Funds holding: 125 → 147 (+22)
59% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 61
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$43.7M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$38.2M |
| 3 |
SPC
Standard Pacific Capital
San Francisco,
California
|
+$9.33M |
| 4 |
CM
Castleark Management
Chicago,
Illinois
|
+$7.44M |
| 5 |
ACMM
Arbor Capital Management (Minnesota)
Minneapolis,
Minnesota
|
+$6.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$27.8M |
| 2 |
Morgan Stanley
New York
|
-$27.5M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
-$18.8M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$17.5M |
| 5 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
-$7.83M |
BJRI Hedge Fund Activity: Q4 2014 in Review
147 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in BJ's Restaurants (BJRI) for Q4 2014, worth a combined $1.12B — up 43% from $786M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new BJRI positions and 12 closed out — a net gain of 23 holders — while 25 added to existing stakes and 61 trimmed.
The largest buyer was Invesco, adding an estimated $43.7M. The largest seller was Champlain Investment Partners, exiting entirely with an estimated $27.8M sold.
- 147 institutional investors held BJ's Restaurants (BJRI) as of Q4 2014, up from 125 in Q3 2014.
- Funds reported $1.12B of BJ's Restaurants stock for Q4 2014, up 43% quarter-over-quarter.
- 35 funds opened new BJ's Restaurants positions in Q4 2014 and 12 closed out, a net change of +23 holders.
- The largest BJ's Restaurants buyer in Q4 2014 was Invesco, an estimated $43.7M added.
- The largest BJ's Restaurants seller in Q4 2014 was Champlain Investment Partners, an estimated $27.8M sold.
Based on aggregated 13F filings for Q4 2014.