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 ($176.7k this quarter). Holder counts are more reliable. Shares outstanding: 21.1m as of 2025-11-03, 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 ≈ $30.53. Options: 9 managers hold calls ($17.3m notional), 7 hold puts ($5.7m).
Trends to Q3 2025
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 |
| Q4 2023 | 161 |
| Q1 2024 | 167 |
| Q2 2024 | 168 |
| Q3 2024 | 170 |
| Q4 2024 | 152 |
| Q1 2025 | 167 |
| Q2 2025 | 189 |
| Q3 2025 | 179 |
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 2023 | 74 | 98 |
| Q1 2024 | 62 | 95 |
| Q2 2024 | 76 | 92 |
| Q3 2024 | 75 | 90 |
| Q4 2024 | 59 | 89 |
| Q1 2025 | 72 | 81 |
| Q2 2025 | 108 | 81 |
| Q3 2025 | 96 | 108 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2024 | $35.6m | $568.7k | 0.02 |
| Q1 2025 | $873.0k | $273.1k | 0.31 |
| Q2 2025 | $18.8m | $7.6m | 0.40 |
| Q3 2025 | $17.3m | $5.7m | 0.33 |
Biggest buyers
| UBS Group AG | Added | +1.2m |
| NOMURA HOLDINGS INC | Added | +992.1k |
| VANGUARD GROUP INC | Added | +640.6k |
| Rockefeller Capital Management L.P. | New | +343.8k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +306.9k |
| JPMORGAN CHASE & CO | Added | +220.8k |
| BANK OF AMERICA CORP /DE/ | Added | +209.8k |
| TWO SIGMA INVESTMENTS, LP | New | +184.5k |
| RAYMOND JAMES FINANCIAL INC | Added | +156.5k |
| CRAMER ROSENTHAL MCGLYNN LLC | Added | +137.3k |
Biggest sellers
| MILLENNIUM MANAGEMENT LLC | Reduced | -382.5k |
| CANADA PENSION PLAN INVESTMENT BOARD | Sold out | -300.0k |
| Fund 1 Investments, LLC | Reduced | -196.8k |
| Invesco Ltd. | Reduced | -170.7k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -162.1k |
| D. E. Shaw & Co., Inc. | Reduced | -151.4k |
| MORGAN STANLEY | Reduced | -139.8k |
| Balyasny Asset Management L.P. | Sold out | -107.0k |
| BlackRock, Inc. | Reduced | -79.9k |
| Informed Momentum Co LLC | Sold out | -73.1k |
Biggest calls
| PEAK6 LLC | Reduced | $6.1m200.0k shares |
| NOMURA HOLDINGS INC | New | $4.4m144.2k shares |
| Hudson Bay Capital Management LP | New | $3.1m101.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $1.2m40.1k shares |
| Walleye Trading LLC | Added | $919.0k30.1k shares |
| JANE STREET GROUP, LLC | Added | $693.0k22.7k shares |
| CITADEL ADVISORS LLC | Added | $500.7k16.4k shares |
| GROUP ONE TRADING LLC | Added | $290.0k9.5k shares |
| SIMPLEX TRADING, LLC | Added | $64.0k2.1k shares |
Biggest puts
| NOMURA HOLDINGS INC | New | $3.4m110.0k shares |
| Hudson Bay Capital Management LP | New | $1.5m47.5k shares |
| CITADEL ADVISORS LLC | Added | $433.5k14.2k shares |
| SIMPLEX TRADING, LLC | Added | $250.0k8.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $207.6k6.8k shares |
| GROUP ONE TRADING LLC | Reduced | $12.2k400 shares |
| Walleye Trading LLC | New | $9.2k300 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 2025
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 2023 | 0 | — | 6 | $503.4k | — |
| Q1 2024 | 0 | — | 1 | $295.0k | — |
| Q2 2024 | 0 | — | 1 | $56.9k | — |
| Q3 2024 | 2 | $88.3k | 0 | — | — |
| Q4 2024 | 0 | — | 1 | $82.3k | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 2 | $6.7m | — |
| Q3 2025 | 0 | — | 3 | $545.7k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-09-08 | PUCHNER ALEX Sr. Vice President Brewing Ops | Sold | $62.0k1.8k shares |
| 2025-08-19 | Guild Jacob Sr VP & CAO | Sold | $338.1k9.5k shares |
| 2025-08-19 | Rogers Heidi Sr VP-Marketing | Sold | $145.5k4.1k 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 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.00% of their portfolio | 3.4m $102.7m | Added +640.6k |
| BlackRock, Inc. 0.00% of their portfolio | 3.2m $96.6m | Reduced -79.9k |
| NOMURA HOLDINGS INC 0.22% of their portfolio | 1.6m $47.4m | Added +992.1k |
| UBS Group AG 0.01% of their portfolio | 1.5m $44.3m | Added +1.2m |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 1.1m $32.4m | Reduced -32.6k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.02% of their portfolio | 935.4k $28.6m | Added +306.9k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 886.9k $27.1m | Added +62.3k |
| STATE STREET CORP 0.00% of their portfolio | 815.9k $24.9m | Reduced -12.4k |
| NEUBERGER BERMAN GROUP LLC 0.02% of their portfolio | 783.6k $23.9m | Added +85.3k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.04% of their portfolio | 700.0k $21.4m | Unchanged |
| Woodline Partners LP 0.10% of their portfolio | 665.0k $20.3m | Reduced -45.8k |
| EMERALD ADVISERS, LLC 0.54% of their portfolio | 555.6k $17.0m | Reduced -37.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 507.4k $15.5m | Reduced -16.3k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 429.4k $13.1m | Added +220.8k |
| CRAMER ROSENTHAL MCGLYNN LLC 0.81% of their portfolio | 411.8k $12.6m | Added +137.3k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 388.8k $11.9m | Added +156.5k |
| MORGAN STANLEY 0.00% of their portfolio | 383.8k $11.7m | Reduced -139.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 355.0k $10.8m | Added +85.1k |
| Rockefeller Capital Management L.P. 0.02% of their portfolio | 343.8k $10.5m | New |
| EMERALD MUTUAL FUND ADVISERS TRUST 0.51% of their portfolio | 323.6k $9.9m | Added +7.5k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 303.9k $9.3m | Added +209.8k |
| T. Rowe Price Investment Management, Inc. 0.01% of their portfolio | 302.6k $9.2m | Reduced -469 |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 284.2k $8.7m | Reduced -151.4k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 213.9k $6.5m | Reduced -20.3k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 186.5k $5.7m | Added +63.4k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 184.5k $5.6m | New |
| Fund 1 Investments, LLC 0.54% of their portfolio | 143.2k $4.4m | Reduced -196.8k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 136.4k $4.2m | Reduced -88 |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 128.7k $3.9m | Added +103.9k |
| JCP Investment Management, LLC 2.50% of their portfolio | 125.0k $3.8m | Unchanged |
| Invesco Ltd. 0.00% of their portfolio | 121.3k $3.7m | Reduced -170.7k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 112.3k $3.4m | Reduced -162.1k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 106.8k $3.3m | Reduced -2.8k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio | 103.3k $3.2m | Added +7.0k |
| NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio | 100.0k $3.1m | Unchanged |
| Shay Capital LLC 0.55% of their portfolio | 100.0k $3.1m | New |
| ROTHSCHILD INVESTMENT LLC 0.17% of their portfolio | 98.9k $3.0m | Reduced -6.4k |
| Public Sector Pension Investment Board 0.01% of their portfolio | 86.3k $2.6m | Added +10.9k |
| PANAGORA ASSET MANAGEMENT INC 0.01% of their portfolio | 82.6k $2.5m | Added +4.2k |
| JUPITER ASSET MANAGEMENT LTD 0.02% of their portfolio | 82.4k $2.5m | New |
| Y-Intercept (Hong Kong) Ltd 0.06% of their portfolio | 81.9k $2.5m | New |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 65.4k $2.0m | Added +1.7k |
| CIBC Bancorp USA Inc. 0.01% of their portfolio | 64.2k $2.0m | First filing |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 62.5k $1.9m | Reduced -382.5k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 60.3k $1.8m | New |
| MARTINGALE ASSET MANAGEMENT L P 0.04% of their portfolio | 57.9k $1.8m | Added +29.1k |
| Legal & General Group Plc 0.00% of their portfolio | 56.0k $1.7m | Reduced -697 |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 54.4k $1.7m | New |
| DARK FOREST CAPITAL MANAGEMENT LP 0.06% of their portfolio | 54.3k $1.7m | Added +20.0k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 52.6k $1.6m | Added +7.3k |
| Gotham Asset Management, LLC 0.01% of their portfolio | 52.1k $1.6m | Added +30.1k |
| Brevan Howard Capital Management LP 0.02% of their portfolio | 50.3k $1.5m | New |
| Nuveen, LLC 0.00% of their portfolio | 45.8k $1.4m | Reduced -52.3k |
| Jackson Creek Investment Advisors LLC 0.40% of their portfolio | 45.7k $1.4m | Reduced -14 |
| AXA Investment Managers S.A. 0.00% of their portfolio | 44.4k $1.4m | First filing |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 42.4k $1.3m | Added +30.3k |
| HUSSMAN STRATEGIC ADVISORS, INC. 0.28% of their portfolio | 42.0k $1.3m | New |
| Verition Fund Management LLC 0.01% of their portfolio | 41.9k $1.3m | Reduced -46.9k |
| Caption Management, LLC 0.07% of their portfolio | 41.5k $1.3m | Reduced -22.6k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 41.4k $1.3m | Added +18.3k |
| Man Group plc 0.00% of their portfolio | 41.2k $1.3m | Added +19.0k |
| Fisher Asset Management, LLC 0.00% of their portfolio | 41.1k $1.3m | Reduced -2.7k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 37.6k $1.1m | Added +16.6k |
| BARCLAYS PLC 0.00% of their portfolio | 35.6k $1.1m | Reduced -13.9k |
| ALGERT GLOBAL LLC 0.02% of their portfolio | 35.0k $1.1m | Added +25.2k |
| WINTON GROUP Ltd 0.04% of their portfolio | 34.9k $1.1m | Reduced -627 |
| Swiss National Bank 0.00% of their portfolio | 34.7k $1.1m | Unchanged |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 34.3k $1.0m | Reduced -9.1k |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 33.6k $1.0m | Added +17.2k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 33.4k $1.0m | Added +1.9k |
| Integrated Quantitative Investments LLC 0.28% of their portfolio | 32.6k $994.5k | Added +26.4k |
| Headlands Technologies LLC 0.08% of their portfolio | 31.7k $968.9k | Added +31.7k |
| FMR LLC 0.00% of their portfolio | 29.7k $906.8k | Reduced -16.5k |
| Wakefield Asset Management LLLP 0.24% of their portfolio | 28.6k $871.9k | Reduced -883 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 27.8k $849.1k | Reduced -10.3k |
| Engineers Gate Manager LP 0.01% of their portfolio | 27.3k $832.7k | Added +16.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 26.5k $808.1k | Reduced -18.5k |
| Cerity Partners LLC 0.00% of their portfolio | 24.7k $754.2k | Added +4.6k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 24.5k $746.9k | Unchanged |
| Freestone Grove Partners LP 0.01% of their portfolio | 23.7k $722.2k | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 21.7k $662.0k | Added +564 |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 20.5k $627.0k | Added +2.9k |
| AlphaQuest LLC 0.04% of their portfolio | 20.3k $618.7k | Added +9.5k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.00% of their portfolio | 19.6k $598.7k | Reduced -12.8k |
| AdvisorShares Investments LLC 0.10% of their portfolio | 19.4k $592.3k | Added +16.7k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 18.8k $569.0k | Unchanged |
| Creative Planning 0.00% of their portfolio | 16.2k $496.1k | Added +4.4k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 16.0k $487.0k | Reduced -301 |
| Bayesian Capital Management, LP 0.10% of their portfolio | 15.9k $485.4k | New |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 15.9k $485.1k | Added +1.8k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 15.2k $462.6k | Reduced -3.2k |
| HRT FINANCIAL LP 0.00% of their portfolio | 15.1k $461.0k | New |
| SG Americas Securities, LLC 0.00% of their portfolio | 14.9k $456.0k | New |
| State of Tennessee, Department of Treasury 0.00% of their portfolio | 14.6k $446.1k | Unchanged |
| State of Wyoming 0.05% of their portfolio | 13.8k $422.4k | Added +4.7k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 12.8k $391.9k | Unchanged |
| DRW Securities, LLC 0.02% of their portfolio | 12.4k $380.7k | New |
| Illinois Municipal Retirement Fund 0.00% of their portfolio | 12.4k $377.7k | Reduced -145 |
| Squarepoint Ops LLC 0.00% of their portfolio | 12.3k $375.8k | New |
| State of Alaska, Department of Revenue 0.00% of their portfolio | 12.3k $373.0k | Reduced -898 |