Bloomin' Brands
BLMN
239 hedge funds and large institutions have $1.72B invested in Bloomin' Brands in 2024 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 88 increasing their positions, 92 reducing their positions, and 72 closing their positions.
274% more call options, than puts
Call options by funds: $30.2M | Put options by funds: $8.07M
4% less repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 92
1.86% less ownership
Funds ownership: 105.09% → 103.24% (-1.9%)
16% less funds holding
Funds holding: 284 → 239 (-45)
35% less capital invested
Capital invested by funds: $2.62B → $1.72B (-$907M)
56% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 72
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$35M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
+$34.3M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$28.3M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$13.4M |
| 5 |
Morgan Stanley
New York
|
+$10.6M |
Top Sellers
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$71.9M |
| 2 |
TCG
Tremblant Capital Group
West Palm Beach,
Florida
|
-$28.9M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$22.2M |
| 4 |
PCR
Potrero Capital Research
San Francisco,
California
|
-$18.8M |
| 5 |
BlackRock
New York
|
-$15.4M |
BLMN Hedge Fund Activity: Q2 2024 in Review
239 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Bloomin' Brands (BLMN) for Q2 2024, worth a combined $1.72B — down 35% from $2.62B a quarter earlier.
Sellers outnumbered buyers: 72 funds closed out of BLMN and 32 opened new positions — a net loss of 40 holders — while 92 trimmed existing stakes and 88 added.
The largest buyer was DePrince Race & Zollo Inc (DRZ), opening a new position worth an estimated $35M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $71.9M sold.
- 239 institutional investors held Bloomin' Brands (BLMN) as of Q2 2024, down from 284 in Q1 2024.
- Funds reported $1.72B of Bloomin' Brands stock for Q2 2024, down 35% quarter-over-quarter.
- 32 funds opened new Bloomin' Brands positions in Q2 2024 and 72 closed out, a net change of -40 holders.
- The largest Bloomin' Brands buyer in Q2 2024 was DePrince Race & Zollo Inc (DRZ), an estimated $35M added.
- The largest Bloomin' Brands seller in Q2 2024 was Arrowstreet Capital, an estimated $71.9M sold.
Based on aggregated 13F filings for Q2 2024.