BJ's Restaurants
BJRI
244 hedge funds and large institutions have $1.3B invested in BJ's Restaurants in 2018 Q4 according to their latest regulatory filings, with 59 funds opening new positions, 90 increasing their positions, 75 reducing their positions, and 38 closing their positions.
55% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 38
20% more repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 75
9% more funds holding
Funds holding: 223 → 244 (+21)
7.64% more ownership
Funds ownership: 113.21% → 120.86% (+7.6%)
24% less call options, than puts
Call options by funds: $7.39M | Put options by funds: $9.67M
24% less capital invested
Capital invested by funds: $1.72B → $1.3B (-$413M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
+$25.4M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$25.4M |
| 3 |
Goldman Sachs
New York
|
+$21.5M |
| 4 |
Millennium Management
New York
|
+$14.6M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$13.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Castleark Management
Chicago,
Illinois
|
-$17.4M |
| 2 |
HA
Homestead Advisers
Arlington,
Virginia
|
-$15.1M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$8.47M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$6.88M |
| 5 |
JG
Jefferies Group
New York
|
-$6.47M |
BJRI Hedge Fund Activity: Q4 2018 in Review
244 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in BJ's Restaurants (BJRI) for Q4 2018, worth a combined $1.3B — down 24% from $1.72B a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new BJRI positions and 38 closed out — a net gain of 21 holders — while 90 added to existing stakes and 75 trimmed.
The largest buyer was Robeco Institutional Asset Management, adding an estimated $25.4M. The largest seller was Castleark Management, exiting entirely with an estimated $17.4M sold.
- 244 institutional investors held BJ's Restaurants (BJRI) as of Q4 2018, up from 223 in Q3 2018.
- Funds reported $1.3B of BJ's Restaurants stock for Q4 2018, down 24% quarter-over-quarter.
- 59 funds opened new BJ's Restaurants positions in Q4 2018 and 38 closed out, a net change of +21 holders.
- The largest BJ's Restaurants buyer in Q4 2018 was Robeco Institutional Asset Management, an estimated $25.4M added.
- The largest BJ's Restaurants seller in Q4 2018 was Castleark Management, an estimated $17.4M sold.
Based on aggregated 13F filings for Q4 2018.