Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

BJS RESTAURANTS INC (BJRI)

188 + Investors. Track Smart Money conviction in BJRI. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +6
Streak
2Q ▲
Buyers last Q
58%

Smart Money Signals — BJRI

Based on 188 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added BJRI than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
188 hedge funds hold BJRI right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +15% more funds vs a year ago

fund count last 6Q
+25 new funds entered over the past year (+15% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 58% buying

109 buying78 selling
Last quarter: 109 funds bought or added vs 78 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~36 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 47 → 40 → 40 → 36. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

65% of holders stayed for 2+ years

■ 65% conviction (2yr+) ■ 15% medium ■ 19% new
123 out of 188 hedge funds have held BJRI for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
➡️

Steady discovery — ~36 new funds/quarter

33 → 47 → 40 → 40 → 36 new funds/Q
New funds entering each quarter: 47 → 40 → 40 → 36. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 71% of holders stayed 2+ years

■ 71% veterans ■ 8% 1-2yr ■ 20% new
Of 192 current holders: 137 (71%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 42% AUM from top-100 funds

42% from top-100 AUM funds
45 of 188 holders are among the 100 largest funds by AUM, controlling 42% of total institutional value in BJRI. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.6
out of 10
Low Exit Risk
Exit risk score 3.6/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — BJRI

In 2026 Q1, 109 hedge funds were net buyers of BJRI (36 opened a new position, 73 added to an existing one), while 78 reduced or exited (48 trimmed, 30 sold completely) — a 58% buyer ratio, indicating a slight buying edge. Net buying has persisted for two consecutive quarters, a positive momentum signal. 42% of total institutional value in BJRI is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +6 funds (more new holders than closures). Total institutional holders: 188.

Hedge Fund Ownership: BJRI

How many hedge funds hold BJRI — quarterly history vs. share price
Quarterly hedge fund ownership of BJRI vs. share price

Market Analysis: BJRI

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: BJRI

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy BJS RESTAURANTS INC (BJRI) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much BJRI has moved relative to its sector benchmark (XLY) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 50d ago
BJRI
+27.7%
XLY
+8.2%

BJRI outperformed XLY by +19.5% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 5d ago
BJRI
+2.9%
XLY
+1.0%

Since the filing became public, BJRI outperformed XLY by +1.9% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

19 top-rated funds 0 high-conviction
Consensus
5.6
/ 10
breadth
×
Elite
0.7
/ 10
conviction
Hedge Fund Positioning: BJRI
188 + Investors

Track Smart Money conviction in BJRI. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 188 182 3.3%
13F Shares 20M 22M -5.61%
Total Value $698M $847M -17.54%
New Positions 36 40 -4
Increased Positions 72 44 +28
Closed Positions 30 34 -4
Reduced Positions 47 78 -31
Total Calls 3 3 -
Total Puts 1 4 -75.0%
PUT/CALL Ratio 0.33 1.33 Bullish

Statistics: BJRI

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

188 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in BJRI. Verified SEC 13F-HR filings.

QUARTER:
Top 25 institutional holders of BJRI — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 CRAMER ROSENTHAL MCGLYNN LLC 1.53% 593,065 $20.8M
2 Fund 1 Investments, LLC 1.16% 289,308 $10.2M
3 JCP Investment Management, LLC 1.11% 47,443 $1.7M
4 Meros Investment Management, LP 0.75% 49,000 $1.7M
5 EMERALD ADVISERS, LLC 0.59% 530,999 $18.6M
6 EMERALD MUTUAL FUND ADVISERS TRUST 0.55% 322,573 $11.3M
7 Shay Capital LLC 0.47% 159,100 $5.6M
8 VARCOV Co. 0.31% 23,337 $819K
9 Darwins River Capital, LP 0.19% 10,019 $352K
10 ROTHSCHILD INVESTMENT LLC 0.16% 89,685 $3.1M
11 Woodline Partners LP 0.13% 983,280 $34.5M
12 BURNEY CO/ 0.12% 113,673 $4.0M
13 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.11% 157,143 $5.5M
14 Campbell & CO Investment Adviser LLC 0.10% 51,233 $1.8M
15 INCEPTIONR LLC 0.07% 8,856 $311K
16 Somerset Trust Co 0.06% 5,880 $206K
17 MARTINGALE ASSET MANAGEMENT L P 0.05% 55,579 $2.0M
18 Polymer Capital Management (US) LLC 0.04% 10,629 $373K
19 State of Wyoming 0.04% 8,663 $304K
20 1620 INVESTMENT ADVISORS, INC. 0.03% 1,368 $48K
21 Numerai GP LLC 0.03% 7,974 $280K
22 Empowered Funds, LLC 0.02% 107,143 $3.8M
23 WINTON GROUP Ltd 0.02% 18,556 $651K
24 Neuberger Berman Group LLC 0.02% 812,074 $28.5M
25 Engineers Gate Manager LP 0.02% 43,220 $1.5M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — BJS RESTAURANTS INC (BJRI)

What does the Smart Money Trend signal show for BJRI?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added BJRI than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for BJRI?

Slight buying edge — 58% buying: Last quarter: 109 funds bought or added vs 78 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for BJRI holders?

Elite ownership — 42% AUM from top-100 funds: 45 of 188 holders are among the 100 largest funds by AUM, controlling 42% of total institutional value in BJRI. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held BJRI?

65% of holders stayed for 2+ years: 123 out of 188 hedge funds have held BJRI for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy BJS RESTAURANTS INC (BJRI) following the 2026 Q1 hedge fund 13F filings?

As of today, BJRI has moved +2.9% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.0% for the XLY sector ETF — an outperformance of +1.9%. Since the quarter end (March 31, 2026), BJRI has gained +27.7% vs +8.2% for XLY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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