BJ's Restaurants
BJRI
158 hedge funds and large institutions have $1.4B invested in BJ's Restaurants in 2021 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 53 increasing their positions, 49 reducing their positions, and 24 closing their positions.
411% more call options, than puts
Call options by funds: $22.4M | Put options by funds: $4.39M
60% more capital invested
Capital invested by funds: $873M → $1.4B (+$525M)
33% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 24
4% more funds holding
Funds holding: 152 → 158 (+6)
2.3% more ownership
Funds ownership: 101.69% → 103.99% (+2.3%)
8% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 49
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
+$36M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$35.2M |
| 3 |
GIP
Granite Investment Partners
El Segundo,
California
|
+$18.5M |
| 4 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
+$18.1M |
| 5 |
EA
Emerald Advisers
Leola,
Pennsylvania
|
+$17.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
-$65.1M |
| 2 |
Morgan Stanley
New York
|
-$9.12M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$7.38M |
| 4 |
RCAMU
Rothschild & Co Asset Management US
Stamford,
Connecticut
|
-$7.37M |
| 5 |
Millennium Management
New York
|
-$4.87M |
BJRI Hedge Fund Activity: Q1 2021 in Review
158 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in BJ's Restaurants (BJRI) for Q1 2021, worth a combined $1.4B — up 60% from $873M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new BJRI positions and 24 closed out — a net gain of 8 holders — while 53 added to existing stakes and 49 trimmed.
The largest buyer was Cramer Rosenthal McGlynn, opening a new position worth an estimated $36M. The largest seller was Russell Investments Group, cutting an estimated $65.1M.
- 158 institutional investors held BJ's Restaurants (BJRI) as of Q1 2021, up from 152 in Q4 2020.
- Funds reported $1.4B of BJ's Restaurants stock for Q1 2021, up 60% quarter-over-quarter.
- 32 funds opened new BJ's Restaurants positions in Q1 2021 and 24 closed out, a net change of +8 holders.
- The largest BJ's Restaurants buyer in Q1 2021 was Cramer Rosenthal McGlynn, an estimated $36M added.
- The largest BJ's Restaurants seller in Q1 2021 was Russell Investments Group, an estimated $65.1M sold.
Based on aggregated 13F filings for Q1 2021.