BJS RESTAURANTS INC BJRI
COM · Common Stock · CUSIP 09180C106
American restaurant chain
- SectorConsumer discretionary
- IndustryRetail-Eating Places
- HeadquartersHuntington Beach, CA
- Founded1978
- Websitebjsrestaurants.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($47.7k this quarter). Holder counts are more reliable. Shares outstanding: 23.2m as of 2023-11-03, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $23.46. Options: 7 managers hold calls ($6.1m notional), 6 hold puts ($5.1m).
Trends to Q3 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 150 |
| Q4 2022 | 145 |
| Q1 2023 | 144 |
| Q2 2023 | 160 |
| Q3 2023 | 166 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 64 | 73 |
| Q1 2023 | 67 | 74 |
| Q2 2023 | 79 | 69 |
| Q3 2023 | 79 | 81 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2022 | $4.1m | $4.3m | 1.03 |
| Q1 2023 | $2.4m | $370.1k | 0.16 |
| Q2 2023 | $8.8m | $57.2k | 0.01 |
| Q3 2023 | $6.1m | $5.1m | 0.84 |
Biggest buyers
| NEUBERGER BERMAN GROUP LLC | Added | +166.2k |
| OBERWEIS ASSET MANAGEMENT INC/ | New | +112.2k |
| RENAISSANCE TECHNOLOGIES LLC | Added | +90.4k |
| MORGAN STANLEY | Added | +77.3k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +68.8k |
| MARSHALL WACE, LLP | Added | +54.2k |
| Millrace Asset Group, Inc. | New | +51.1k |
| TCW GROUP INC | Added | +50.2k |
| CRAMER ROSENTHAL MCGLYNN LLC | Added | +45.8k |
| PANAGORA ASSET MANAGEMENT INC | Added | +45.3k |
Biggest sellers
| Hudson Bay Capital Management LP | Sold out | -222.0k |
| Weiss Multi-Strategy Advisers LLC | Reduced | -140.6k |
| BlackRock Inc. | Reduced | -125.6k |
| Woodline Partners LP | Sold out | -83.0k |
| CITADEL ADVISORS LLC | Reduced | -71.5k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Sold out | -58.2k |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -55.8k |
| GOLDMAN SACHS GROUP INC | Reduced | -42.1k |
| FULLER & THALER ASSET MANAGEMENT, INC. | Sold out | -41.3k |
| CITIGROUP INC | Reduced | -36.7k |
Biggest calls
| Polar Asset Management Partners Inc. | New | $4.7m200.0k shares |
| ROYAL BANK OF CANADA | New | $638.0k27.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $455.1k19.4k shares |
| CITADEL ADVISORS LLC | Reduced | $234.6k10.0k shares |
| GROUP ONE TRADING LLC | Reduced | $77.4k3.3k shares |
| SIMPLEX TRADING, LLC | Reduced | $14.0k600 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| Polar Asset Management Partners Inc. | New | $2.3m100.0k shares |
| COOPER CREEK PARTNERS MANAGEMENT LLC | New | $2.3m100.0k shares |
| PEAK6 Investments LLC | New | $351.9k15.0k shares |
| CITADEL ADVISORS LLC | Added | $54.0k2.3k shares |
| SIMPLEX TRADING, LLC | New | $25.0k1.1k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-10-17 | 14.0% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 9.2% |
Fell to 5% or below in the last year: DIMENSIONAL FUND ADVISORS LP (4.6%, 2026-10-08), Act III Holdings LLC (1.6%, 2026-08-05), PW Partners Atlas Fund IV LP (2.6%, 2026-07-01), Woodline Partners LP (4.6%, 2026-05-15), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC), NOMURA HOLDINGS INC (3.0%, 2026-02-17)
Insider purchases and sales in Q3 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2021 | 0 | — | 0 | — | — |
| Q1 2022 | 0 | — | 0 | — | — |
| Q2 2022 | 0 | — | 1 | $47.5k | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 1 | $102.5k | — |
| Q1 2023 | 0 | — | 1 | $29.5k | — |
| Q2 2023 | 0 | — | 1 | $38.0k | — |
| Q3 2023 | 1 | $49.6k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-08-09 | LEVIN GREGORY CEO and President, director | Bought | $49.6k1.5k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q3 2023
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.00% of their portfolio | 4.0m $93.3m | Reduced -125.6k |
| T. Rowe Price Investment Management, Inc. 0.06% of their portfolio | 3.5m $82.1m | Reduced -9.5k |
| VANGUARD GROUP INC 0.00% of their portfolio | 2.6m $60.9m | Added +8.8k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 1.1m $26.8m | Reduced -55.8k |
| NEUBERGER BERMAN GROUP LLC 0.02% of their portfolio | 949.8k $22.3m | Added +166.2k |
| STATE STREET CORP 0.00% of their portfolio | 882.9k $20.7m | Added +12.0k |
| CRAMER ROSENTHAL MCGLYNN LLC 0.88% of their portfolio | 670.8k $15.7m | Added +45.8k |
| EMERALD ADVISERS, LLC 0.68% of their portfolio | 594.1k $13.9m | Added +3 |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 478.3k $11.2m | Added +16.4k |
| EMERALD MUTUAL FUND ADVISERS TRUST 0.65% of their portfolio | 460.5k $10.8m | Unchanged |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 352.7k $8.3m | Added +68.8k |
| RK Capital Management, LLC 1.83% of their portfolio | 329.1k $7.7m | Reduced -900 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 323.1k $7.6m | Reduced -9.1k |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 308.8k $7.2m | Reduced -8.1k |
| MORGAN STANLEY 0.00% of their portfolio | 279.7k $6.6m | Added +77.3k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 271.7k $6.4m | Added +37.2k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 256.7k $6.0m | Added +1.3k |
| Polar Asset Management Partners Inc. 0.14% of their portfolio | 243.5k $5.7m | Added +13.2k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.02% of their portfolio | 217.3k $5.1m | Reduced -8.8k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 191.5k $4.5m | Reduced -36.0k |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 183.8k $4.3m | Reduced -22.7k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 179.1k $4.2m | Reduced -10.7k |
| First Eagle Investment Management, LLC 0.01% of their portfolio | 173.8k $4.1m | Added +30.7k |
| Invesco Ltd. 0.00% of their portfolio | 142.4k $3.3m | Added +38.0k |
| TCW GROUP INC 0.04% of their portfolio | 137.6k $3.2m | Added +50.2k |
| PANAGORA ASSET MANAGEMENT INC 0.02% of their portfolio | 136.3k $3.2m | Added +45.3k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 128.6k $3.0m | Added +90.4k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 126.4k $3.0m | Reduced -7.6k |
| MARSHALL WACE, LLP 0.01% of their portfolio | 125.2k $2.9m | Added +54.2k |
| NOMURA HOLDINGS INC 0.03% of their portfolio | 122.8k $2.9m | Added +30.3k |
| GREAT LAKES ADVISORS, LLC 0.02% of their portfolio | 116.8k $2.7m | Added +5.3k |
| OBERWEIS ASSET MANAGEMENT INC/ 0.28% of their portfolio | 112.2k $2.6m | New |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 91.6k $2.1m | Added +26.5k |
| Weiss Multi-Strategy Advisers LLC 0.05% of their portfolio | 88.2k $2.1m | Reduced -140.6k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 85.6k $2.0m | Added +19.6k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 77.6k $1.8m | Reduced -8.8k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 72.3k $1.7m | Reduced -1.1k |
| Legal & General Group Plc 0.00% of their portfolio | 65.7k $1.5m | Added +1.3k |
| GSA CAPITAL PARTNERS LLP 0.13% of their portfolio | 65.5k $1.5m | Added +40.9k |
| TD Asset Management Inc 0.00% of their portfolio | 64.6k $1.5m | Unchanged |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 64.1k $1.5m | Reduced -774 |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 62.4k $1.5m | Added +26.4k |
| Knights of Columbus Asset Advisors LLC 0.13% of their portfolio | 61.5k $1.4m | Added +1.9k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 61.3k $1.4m | Added +10.2k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 52.0k $1.2m | Reduced -42.1k |
| Swiss National Bank 0.00% of their portfolio | 51.3k $1.2m | Unchanged |
| Millrace Asset Group, Inc. 1.48% of their portfolio | 51.1k $1.2m | New |
| Fisher Asset Management, LLC 0.00% of their portfolio | 47.9k $1.1m | Unchanged |
| Cubist Systematic Strategies, LLC 0.01% of their portfolio | 47.5k $1.1m | Added +39.5k |
| Campbell & CO Investment Adviser LLC 0.13% of their portfolio | 47.3k $1.1m | Added +38.1k |
| 1492 Capital Management LLC 0.69% of their portfolio | 45.6k $1.1m | Unchanged |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 42.8k $1.0m | Reduced -11.0k |
| DARK FOREST CAPITAL MANAGEMENT LP 0.08% of their portfolio | 41.7k $978.8k | Added +12.9k |
| Verition Fund Management LLC 0.01% of their portfolio | 35.5k $832.9k | New |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 35.1k $822.7k | Reduced -3.5k |
| ClariVest Asset Management LLC 0.04% of their portfolio | 33.6k $789.0k | Added +10.7k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 30.2k $707.0k | Reduced -500 |
| Jackson Creek Investment Advisors LLC 0.29% of their portfolio | 29.5k $692.0k | Reduced -25 |
| Public Sector Pension Investment Board 0.01% of their portfolio | 29.1k $683.5k | Reduced -12.7k |
| Y-Intercept (Hong Kong) Ltd 0.07% of their portfolio | 29.1k $681.5k | New |
| BARCLAYS PLC 0.00% of their portfolio | 28.9k $679.1k | Reduced -3.2k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 27.5k $644.8k | Reduced -5.2k |
| CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio | 26.1k $612.4k | Reduced -17 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 25.8k $606.0k | Reduced -2.4k |
| TUDOR INVESTMENT CORP ET AL 0.01% of their portfolio | 25.6k $600.8k | Added +13.5k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 25.5k $597.3k | Unchanged |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 23.7k $555.3k | New |
| SEI INVESTMENTS CO 0.00% of their portfolio | 23.5k $551.5k | Reduced -5.0k |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 23.5k $551.0k | Reduced -1.3k |
| Wakefield Asset Management LLLP 0.25% of their portfolio | 23.4k $549.2k | New |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.01% of their portfolio | 22.0k $516.1k | Added +7.0k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 22.0k $515.0k | Added +2.7k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 21.6k $506.0k | Reduced -955 |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 20.9k $490.9k | Reduced -27.1k |
| TEXAS PERMANENT SCHOOL FUND CORP 0.00% of their portfolio | 20.0k $469.7k | Reduced -707 |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 19.0k $446.3k | Added +8.8k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 18.6k $435.7k | Added +8.6k |
| AdvisorShares Investments LLC 0.11% of their portfolio | 18.0k $422.4k | Added +370 |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 17.7k $415.0k | Added +590 |
| Squarepoint Ops LLC 0.00% of their portfolio | 16.9k $395.4k | Added +3.7k |
| Factorial Partners, LLC 0.28% of their portfolio | 16.3k $382.4k | Added +1.0k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 16.2k $380.7k | Reduced -1.4k |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.00% of their portfolio | 15.8k $369.7k | Reduced -10.8k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 15.0k $351.2k | Unchanged |
| State of Alaska, Department of Revenue 0.00% of their portfolio | 14.7k $344.0k | Reduced -807 |
| Illinois Municipal Retirement Fund 0.01% of their portfolio | 14.5k $341.0k | New |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 14.3k $335.8k | Added +2.4k |
| Allianz Asset Management GmbH 0.00% of their portfolio | 14.1k $330.8k | Unchanged |
| Engineers Gate Manager LP 0.01% of their portfolio | 13.9k $325.6k | Added +7.4k |
| WINTON GROUP Ltd 0.03% of their portfolio | 13.5k $317.3k | New |
| HighTower Advisors, LLC 0.00% of their portfolio | 13.3k $311.0k | New |
| AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio | 12.5k $294.0k | Added +262 |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 12.3k $288.2k | New |
| Louisiana State Employees Retirement System 0.01% of their portfolio | 12.0k $281.5k | Reduced -400 |
| MetLife Investment Management, LLC 0.00% of their portfolio | 12.0k $281.4k | Unchanged |
| State of Tennessee, Department of Treasury 0.00% of their portfolio | 12.0k $281.1k | Added +4.0k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 11.9k $278.8k | Reduced -31.1k |
| XTX Topco Ltd 0.04% of their portfolio | 11.1k $259.7k | New |
| CANTOR FITZGERALD, L. P. 0.01% of their portfolio | 10.9k $255.5k | New |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 10.9k $254.9k | New |