BJ's Restaurants
BJRI
143 hedge funds and large institutions have $646M invested in BJ's Restaurants in 2023 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 42 increasing their positions, 52 reducing their positions, and 23 closing their positions.
536% more call options, than puts
Call options by funds: $2.35M | Put options by funds: $370K
13% more capital invested
Capital invested by funds: $572M → $646M (+$74.2M)
4% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 23
1% less funds holding
Funds holding: 144 → 143 (-1)
3.04% less ownership
Funds ownership: 97.29% → 94.25% (-3%)
19% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 52
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$6.28M |
| 2 |
GLA
Great Lakes Advisors
Chicago,
Illinois
|
+$4.1M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.76M |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$2.73M |
| 5 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$2.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
-$7.97M |
| 2 |
Millennium Management
New York
|
-$6.56M |
| 3 |
BlackRock
New York
|
-$6.1M |
| 4 |
Morgan Stanley
New York
|
-$4.37M |
| 5 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$3.33M |
BJRI Hedge Fund Activity: Q1 2023 in Review
143 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in BJ's Restaurants (BJRI) for Q1 2023, worth a combined $646M — up 13% from $572M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new BJRI positions and 23 closed out — a net gain of 1 holder — while 42 added to existing stakes and 52 trimmed.
The largest buyer was Balyasny Asset Management, opening a new position worth an estimated $6.28M. The largest seller was Russell Investments Group, cutting an estimated $7.97M.
- 143 institutional investors held BJ's Restaurants (BJRI) as of Q1 2023, down from 144 in Q4 2022.
- Funds reported $646M of BJ's Restaurants stock for Q1 2023, up 13% quarter-over-quarter.
- 24 funds opened new BJ's Restaurants positions in Q1 2023 and 23 closed out, a net change of +1 holder.
- The largest BJ's Restaurants buyer in Q1 2023 was Balyasny Asset Management, an estimated $6.28M added.
- The largest BJ's Restaurants seller in Q1 2023 was Russell Investments Group, an estimated $7.97M sold.
Based on aggregated 13F filings for Q1 2023.