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BJ's Restaurants

161 hedge funds and large institutions have $706M invested in BJ's Restaurants in 2017 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 44 increasing their positions, 62 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

146% more call options, than puts

Call options by funds: $13.3M | Put options by funds: $5.38M

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

20% more capital invested

Capital invested by funds: $589M → $706M (+$117M)

18% more first-time investments, than exits

New positions opened: 33 | Existing positions closed: 28

3.96% more ownership

Funds ownership: 90.11%94.07% (+4%)

3% more funds holding

Funds holding: 156161 (+5)

29% less repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 62

Holders
161
Holders Change
+5
Holders Change %
+3.21%
% of All Funds
3.65%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
33
Increased
44
Reduced
62
Closed
28
Calls
$13.3M
Puts
$5.38M
Net Calls
+$7.88M
Net Calls Change
-$829K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$86.4M -$5.46M -163,713 -6%
Vanguard Group
2
Vanguard Group
Pennsylvania
$63.6M -$1.8M -53,858 -3%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$43.8M +$4.29M +128,677 +12%
Millennium Management
4
Millennium Management
New York
$37.3M +$9.97M +298,835 +41%
HA
5
Homestead Advisers
Virginia
$30.3M
Balyasny Asset Management
6
Balyasny Asset Management
Illinois
$29.1M +$24.3M +729,043 +1,033%
Neuberger Berman Group
7
Neuberger Berman Group
New York
$28.2M +$4.16M +124,864 +19%
AZA
8
Arthur Zaske & Associates
Michigan
$27.1M -$11.3M -339,322 -31%
Deutsche Bank
9
Deutsche Bank
Germany
$20.1M +$416K +12,459 +2%
State Street
10
State Street
Massachusetts
$19.5M +$1.14M +34,106 +7%
BAMCO Inc
11
BAMCO Inc
New York
$18.2M
Norges Bank
12
Norges Bank
Norway
$14.6M
BP
13
Ballentine Partners
Massachusetts
$14.4M
AC
14
Armistice Capital
New York
$14M +$2.8M +84,000 +28%
GKIM
15
GW&K Investment Management
Massachusetts
$12.6M -$269K -8,070 -2%
Goldman Sachs
16
Goldman Sachs
New York
$12.5M +$3.59M +107,602 +46%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$9.64M +$937K +28,094 +12%
Northern Trust
18
Northern Trust
Illinois
$9.54M -$457K -13,696 -5%
WMSA
19
Weiss Multi-Strategy Advisers
New York
$8.96M +$8.21M +246,250 New
SCM
20
SG Capital Management
Illinois
$8.52M +$7.81M +234,185 New
MC
21
Maverick Capital
Texas
$8.17M +$7.49M +224,539 New
MCM
22
Matarin Capital Management
New York
$7.57M +$360K +10,798 +5%
Renaissance Technologies
23
Renaissance Technologies
New York
$7.21M -$3.59M -107,700 -35%
Canada Pension Plan Investment Board
24
Canada Pension Plan Investment Board
Ontario, Canada
$6.81M +$6.24M +187,200 New
AQR Capital Management
25
AQR Capital Management
Connecticut
$6.64M +$392K +11,744 +7%

BJRI Hedge Fund Activity: Q4 2017 in Review

161 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in BJ's Restaurants (BJRI) for Q4 2017, worth a combined $706M — up 20% from $589M a quarter earlier.

Buyers outnumbered sellers: 33 funds opened new BJRI positions and 28 closed out — a net gain of 5 holders — while 44 added to existing stakes and 62 trimmed.

The largest buyer was Balyasny Asset Management, adding an estimated $24.3M. The largest seller was Citadel Advisors, cutting an estimated $19.8M.

  • 161 institutional investors held BJ's Restaurants (BJRI) as of Q4 2017, up from 156 in Q3 2017.
  • Funds reported $706M of BJ's Restaurants stock for Q4 2017, up 20% quarter-over-quarter.
  • 33 funds opened new BJ's Restaurants positions in Q4 2017 and 28 closed out, a net change of +5 holders.
  • The largest BJ's Restaurants buyer in Q4 2017 was Balyasny Asset Management, an estimated $24.3M added.
  • The largest BJ's Restaurants seller in Q4 2017 was Citadel Advisors, an estimated $19.8M sold.

Based on aggregated 13F filings for Q4 2017.