Bloomin' Brands
BLMN
189 hedge funds and large institutions have $1.67B invested in Bloomin' Brands in 2017 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 60 increasing their positions, 75 reducing their positions, and 34 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
4.77% more ownership
Funds ownership: 96.7% → 101.47% (+4.8%)
6% less funds holding
Funds holding: 201 → 189 (-12)
19% less capital invested
Capital invested by funds: $2.05B → $1.67B (-$387M)
20% less repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 75
29% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 34
80% less call options, than puts
Call options by funds: $670K | Put options by funds: $3.31M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP
Jana Partners
New York
|
+$76.2M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
+$19.2M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$10.3M |
| 4 |
KIM
Kestrel Investment Management
San Mateo,
California
|
+$8.32M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$18.7M |
| 2 |
Two Sigma Investments
New York
|
-$18.6M |
| 3 |
TC
Tyvor Capital
Oak Brook,
Illinois
|
-$16.3M |
| 4 |
IP
Interval Partners
New York
|
-$13.7M |
| 5 |
Morgan Stanley
New York
|
-$13.4M |
BLMN Hedge Fund Activity: Q3 2017 in Review
189 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Bloomin' Brands (BLMN) for Q3 2017, worth a combined $1.67B — down 19% from $2.05B a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of BLMN and 24 opened new positions — a net loss of 10 holders — while 75 trimmed existing stakes and 60 added.
The largest buyer was Jana Partners, opening a new position worth an estimated $76.2M. The largest seller was Citadel Advisors, exiting entirely with an estimated $18.7M sold.
- 189 institutional investors held Bloomin' Brands (BLMN) as of Q3 2017, down from 201 in Q2 2017.
- Funds reported $1.67B of Bloomin' Brands stock for Q3 2017, down 19% quarter-over-quarter.
- 24 funds opened new Bloomin' Brands positions in Q3 2017 and 34 closed out, a net change of -10 holders.
- The largest Bloomin' Brands buyer in Q3 2017 was Jana Partners, an estimated $76.2M added.
- The largest Bloomin' Brands seller in Q3 2017 was Citadel Advisors, an estimated $18.7M sold.
Based on aggregated 13F filings for Q3 2017.