BellRing Brands
BRBR
329 hedge funds and large institutions have $5.06B invested in BellRing Brands in 2023 Q3 according to their latest regulatory filings, with 43 funds opening new positions, 95 increasing their positions, 138 reducing their positions, and 25 closing their positions.
72% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 25
10% more capital invested
Capital invested by funds: $4.6B → $5.06B (+$462M)
5% more funds holding
Funds holding: 313 → 329 (+16)
8% less call options, than puts
Call options by funds: $13.9M | Put options by funds: $15.2M
1.32% less ownership
Funds ownership: 94.63% → 93.31% (-1.3%)
31% less repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 138
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$80.2M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$34.8M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$30.2M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$21.9M |
| 5 |
Janus Henderson Group
London,
United Kingdom
|
+$18.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ROIC
Route One Investment Company
San Francisco,
California
|
-$191M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$55.9M |
| 3 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
-$22.3M |
| 4 |
Millennium Management
New York
|
-$21.7M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$17M |
BRBR Hedge Fund Activity: Q3 2023 in Review
329 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in BellRing Brands (BRBR) for Q3 2023, worth a combined $5.06B — up 10% from $4.6B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new BRBR positions and 25 closed out — a net gain of 18 holders — while 95 added to existing stakes and 138 trimmed.
The largest buyer was Wasatch Advisors, adding an estimated $80.2M. The largest seller was Route One Investment Company, cutting an estimated $191M.
- 329 institutional investors held BellRing Brands (BRBR) as of Q3 2023, up from 313 in Q2 2023.
- Funds reported $5.06B of BellRing Brands stock for Q3 2023, up 10% quarter-over-quarter.
- 43 funds opened new BellRing Brands positions in Q3 2023 and 25 closed out, a net change of +18 holders.
- The largest BellRing Brands buyer in Q3 2023 was Wasatch Advisors, an estimated $80.2M added.
- The largest BellRing Brands seller in Q3 2023 was Route One Investment Company, an estimated $191M sold.
Based on aggregated 13F filings for Q3 2023.