Bloomin' Brands
BLMN
272 hedge funds and large institutions have $2.45B invested in Bloomin' Brands in 2023 Q3 according to their latest regulatory filings, with 43 funds opening new positions, 74 increasing their positions, 119 reducing their positions, and 32 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
34% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 32
28% more call options, than puts
Call options by funds: $23.8M | Put options by funds: $18.5M
3% more funds holding
Funds holding: 263 → 272 (+9)
1.73% less ownership
Funds ownership: 116.3% → 114.57% (-1.7%)
9% less capital invested
Capital invested by funds: $2.71B → $2.45B (-$257M)
38% less repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 119
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SV
Starboard Value
New York
|
+$222M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
+$14.7M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$13.3M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$10.3M |
| 5 |
BGDI
BW Gestao de Investimentos
Sao Paulo,
Brazil
|
+$8.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$112M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$46.3M |
| 3 |
ClearBridge Investments
New York
|
-$19.7M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$17.6M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$16M |
BLMN Hedge Fund Activity: Q3 2023 in Review
272 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Bloomin' Brands (BLMN) for Q3 2023, worth a combined $2.45B — down 9.5% from $2.71B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new BLMN positions and 32 closed out — a net gain of 11 holders — while 74 added to existing stakes and 119 trimmed.
The largest buyer was Starboard Value, opening a new position worth an estimated $222M. The largest seller was Morgan Stanley, cutting an estimated $112M.
- 272 institutional investors held Bloomin' Brands (BLMN) as of Q3 2023, up from 263 in Q2 2023.
- Funds reported $2.45B of Bloomin' Brands stock for Q3 2023, down 9.5% quarter-over-quarter.
- 43 funds opened new Bloomin' Brands positions in Q3 2023 and 32 closed out, a net change of +11 holders.
- The largest Bloomin' Brands buyer in Q3 2023 was Starboard Value, an estimated $222M added.
- The largest Bloomin' Brands seller in Q3 2023 was Morgan Stanley, an estimated $112M sold.
Based on aggregated 13F filings for Q3 2023.