BJ's Restaurants
BJRI
149 hedge funds and large institutions have $560M invested in BJ's Restaurants in 2022 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 55 increasing their positions, 53 reducing their positions, and 16 closing their positions.
85% more call options, than puts
Call options by funds: $5.34M | Put options by funds: $2.89M
75% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 16
16% more capital invested
Capital invested by funds: $481M → $560M (+$78.8M)
8% more funds holding
Funds holding: 138 → 149 (+11)
5.57% more ownership
Funds ownership: 94.55% → 100.12% (+5.6%)
4% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 53
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$22M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
+$6.39M |
| 3 |
NFAM
North Fourth Asset Management
Englewood Cliffs,
New Jersey
|
+$6.12M |
| 4 |
BlackRock
New York
|
+$4.99M |
| 5 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$4.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$94.8M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$17.5M |
| 3 |
SCM
Solas Capital Management
Darien,
Connecticut
|
-$10.3M |
| 4 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$3.57M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$2.01M |
BJRI Hedge Fund Activity: Q3 2022 in Review
149 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in BJ's Restaurants (BJRI) for Q3 2022, worth a combined $560M — up 16% from $481M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new BJRI positions and 16 closed out — a net gain of 12 holders — while 55 added to existing stakes and 53 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $22M. The largest seller was T. Rowe Price Associates, cutting an estimated $94.8M.
- 149 institutional investors held BJ's Restaurants (BJRI) as of Q3 2022, up from 138 in Q2 2022.
- Funds reported $560M of BJ's Restaurants stock for Q3 2022, up 16% quarter-over-quarter.
- 28 funds opened new BJ's Restaurants positions in Q3 2022 and 16 closed out, a net change of +12 holders.
- The largest BJ's Restaurants buyer in Q3 2022 was Millennium Management, an estimated $22M added.
- The largest BJ's Restaurants seller in Q3 2022 was T. Rowe Price Associates, an estimated $94.8M sold.
Based on aggregated 13F filings for Q3 2022.