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 ($4.3m 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 ≈ $39.40. Options: 5 managers hold calls ($3.5m notional), 6 hold puts ($8.0m).
Trends to Q4 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 |
| Q4 2025 | 184 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q4 2025 | 77 | 110 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $873.0k | $273.1k | 0.31 |
| Q2 2025 | $18.8m | $7.6m | 0.40 |
| Q3 2025 | $17.3m | $5.7m | 0.33 |
| Q4 2025 | $3.5m | $8.0m | 2.32 |
Biggest buyers
| Woodline Partners LP | Added | +391.9k |
| Balyasny Asset Management L.P. | New | +275.7k |
| MILLENNIUM MANAGEMENT LLC | Added | +246.7k |
| CRAMER ROSENTHAL MCGLYNN LLC | Added | +226.8k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | New | +150.1k |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. | New | +145.3k |
| Hudson Bay Capital Management LP | New | +119.0k |
| CITADEL ADVISORS LLC | Added | +117.3k |
| MARSHALL WACE, LLP | New | +111.0k |
| Empowered Funds, LLC | New | +100.1k |
Biggest sellers
| UBS Group AG | Reduced | -1.3m |
| NOMURA HOLDINGS INC | Reduced | -917.3k |
| JPMORGAN CHASE & CO | Reduced | -403.4k |
| VANGUARD GROUP INC | Reduced | -301.9k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | Reduced | -300.0k |
| Rockefeller Capital Management L.P. | Reduced | -214.3k |
| TWO SIGMA INVESTMENTS, LP | Sold out | -184.5k |
| D. E. Shaw & Co., Inc. | Reduced | -162.7k |
| Fund 1 Investments, LLC | Reduced | -129.8k |
| Qube Research & Technologies Ltd | Sold out | -128.7k |
Biggest calls
| JANE STREET GROUP, LLC | Added | $1.5m39.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $744.7k18.9k shares |
| CITADEL ADVISORS LLC | Reduced | $543.7k13.8k shares |
| SIMPLEX TRADING, LLC | Added | $512.2k13.0k shares |
| GROUP ONE TRADING LLC | Reduced | $126.1k3.2k shares |
Biggest puts
| NOMURA HOLDINGS INC | Unchanged | $4.3m110.0k shares |
| WELLS FARGO & COMPANY/MN | New | $2.9m72.7k shares |
| CITADEL ADVISORS LLC | Added | $622.5k15.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $204.9k5.2k shares |
| SIMPLEX TRADING, LLC | Reduced | $15.8k400 shares |
| GROUP ONE TRADING LLC | Reduced | $3.9k100 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 Q4 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 |
|---|---|---|---|---|---|
| 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 | — |
| Q4 2025 | 0 | — | 1 | $317.6k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-12-11 | Krakower Brian S EVP & Chief Info. Officer | Sold | $317.6k8.0k 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, Q4 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 3.1m $123.5m | Reduced -29.6k |
| VANGUARD GROUP INC 0.00% of their portfolio | 3.1m $120.6m | Reduced -301.9k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 1.1m $42.7m | Added +23.5k |
| Woodline Partners LP 0.16% of their portfolio | 1.1m $41.6m | Added +391.9k |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 897.8k $35.4m | Added +10.9k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.02% of their portfolio | 855.1k $33.7m | Reduced -80.3k |
| STATE STREET CORP 0.00% of their portfolio | 791.2k $31.2m | Reduced -24.8k |
| NEUBERGER BERMAN GROUP LLC 0.02% of their portfolio | 770.9k $30.4m | Reduced -12.7k |
| CRAMER ROSENTHAL MCGLYNN LLC 1.62% of their portfolio | 638.6k $25.2m | Added +226.8k |
| NOMURA HOLDINGS INC 0.07% of their portfolio | 636.9k $25.1m | Reduced -917.3k |
| EMERALD ADVISERS, LLC 0.67% of their portfolio | 551.6k $21.7m | Reduced -4.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 499.6k $19.7m | Reduced -7.8k |
| MORGAN STANLEY 0.00% of their portfolio | 415.8k $16.4m | Added +32.1k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.03% of their portfolio | 400.0k $15.8m | Reduced -300.0k |
| T. Rowe Price Investment Management, Inc. 0.01% of their portfolio | 398.4k $15.7m | Added +95.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 385.2k $15.2m | Added +30.3k |
| EMERALD MUTUAL FUND ADVISERS TRUST 0.62% of their portfolio | 323.6k $12.7m | Unchanged |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 309.3k $12.2m | Added +246.7k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 278.6k $11.0m | Reduced -110.2k |
| Balyasny Asset Management L.P. 0.02% of their portfolio | 275.7k $10.9m | New |
| NORTHERN TRUST CORP 0.00% of their portfolio | 201.8k $7.9m | Reduced -12.1k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 187.1k $7.4m | Reduced -116.8k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 177.6k $7.0m | Added +117.3k |
| UBS Group AG 0.00% of their portfolio | 156.5k $6.2m | Reduced -1.3m |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.12% of their portfolio | 150.1k $5.9m | New |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.38% of their portfolio | 145.3k $5.7m | New |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 136.8k $5.4m | Reduced -49.7k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 131.3k $5.2m | Reduced -5.0k |
| Rockefeller Capital Management L.P. 0.01% of their portfolio | 129.5k $5.1m | Reduced -214.3k |
| JCP Investment Management, LLC 3.89% of their portfolio | 125.0k $4.9m | Unchanged |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 121.4k $4.8m | Reduced -162.7k |
| Hudson Bay Capital Management LP 0.03% of their portfolio | 119.0k $4.7m | New |
| Invesco Ltd. 0.00% of their portfolio | 116.1k $4.6m | Reduced -5.2k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 111.0k $4.4m | New |
| Heights Point Management, LP 3.47% of their portfolio | 103.3k $4.1m | First filing |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 100.9k $4.0m | Reduced -5.9k |
| Empowered Funds, LLC 0.07% of their portfolio | 100.1k $3.9m | New |
| NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio | 100.0k $3.9m | Unchanged |
| ROTHSCHILD INVESTMENT LLC 0.21% of their portfolio | 96.1k $3.8m | Reduced -2.8k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio | 91.6k $3.6m | Reduced -11.7k |
| PANAGORA ASSET MANAGEMENT INC 0.01% of their portfolio | 87.3k $3.4m | Added +4.6k |
| JUPITER ASSET MANAGEMENT LTD 0.03% of their portfolio | 82.4k $3.2m | Unchanged |
| Lisanti Capital Growth, LLC 0.74% of their portfolio | 78.9k $3.1m | New |
| WINTON GROUP Ltd 0.10% of their portfolio | 75.0k $3.0m | Added +40.0k |
| Public Sector Pension Investment Board 0.01% of their portfolio | 73.2k $2.9m | Reduced -13.1k |
| Darwins River Capital, LP 1.66% of their portfolio | 62.7k $2.5m | First filing |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 58.7k $2.3m | Reduced -6.7k |
| MARTINGALE ASSET MANAGEMENT L P 0.06% of their portfolio | 57.1k $2.2m | Reduced -784 |
| ExodusPoint Capital Management, LP 0.03% of their portfolio | 57.1k $2.2m | New |
| Legal & General Group Plc 0.00% of their portfolio | 53.4k $2.1m | Reduced -2.7k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 50.3k $2.0m | Reduced -4.2k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 50.1k $2.0m | Added +7.7k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 49.2k $1.9m | Added +11.6k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 44.3k $1.7m | Reduced -8.2k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 43.3k $1.7m | New |
| Nuveen, LLC 0.00% of their portfolio | 42.6k $1.7m | Reduced -3.2k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% of their portfolio | 40.0k $1.6m | New |
| BARCLAYS PLC 0.00% of their portfolio | 38.2k $1.5m | Added +2.6k |
| Fisher Asset Management, LLC 0.00% of their portfolio | 38.1k $1.5m | Reduced -3.0k |
| Creative Planning 0.00% of their portfolio | 37.4k $1.5m | Added +21.2k |
| Man Group plc 0.00% of their portfolio | 36.3k $1.4m | Reduced -4.9k |
| ALGERT GLOBAL LLC 0.02% of their portfolio | 35.0k $1.4m | Unchanged |
| Swiss National Bank 0.00% of their portfolio | 34.7k $1.4m | Unchanged |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 33.8k $1.3m | Reduced -7.6k |
| CIBC WORLD MARKETS CORP 0.01% of their portfolio | 33.3k $1.3m | First filing |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 32.9k $1.3m | Reduced -495 |
| Cerity Partners LLC 0.00% of their portfolio | 29.3k $1.2m | Added +4.6k |
| Legato Capital Management LLC 0.10% of their portfolio | 29.1k $1.1m | New |
| Wakefield Asset Management LLLP 0.31% of their portfolio | 28.7k $1.1m | Added +100 |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 28.4k $1.1m | Added +7.9k |
| HRT FINANCIAL LP 0.00% of their portfolio | 26.7k $1.1m | Added +11.6k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 26.1k $1.0m | Reduced -403.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 25.4k $1.0m | Reduced -1.1k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.00% of their portfolio | 23.4k $922.7k | Added +11.7k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 22.9k $903.7k | Reduced -11.3k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 22.5k $888.0k | Added +876 |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 21.4k $844.5k | Reduced -3.0k |
| Aquatic Capital Management LLC 0.02% of their portfolio | 20.1k $792.5k | New |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.00% of their portfolio | 19.3k $761.0k | Reduced -295 |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 18.8k $738.0k | Unchanged |
| SG Americas Securities, LLC 0.00% of their portfolio | 17.3k $682.0k | Added +2.4k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 17.1k $675.1k | New |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 16.8k $662.7k | Added +932 |
| Verition Fund Management LLC 0.00% of their portfolio | 15.5k $611.4k | Reduced -26.4k |
| Quantinno Capital Management LP 0.00% of their portfolio | 15.4k $606.1k | Added +4.9k |
| Gotham Asset Management, LLC 0.00% of their portfolio | 15.4k $605.7k | Reduced -36.7k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 15.0k $590.6k | Reduced -160 |
| CITIGROUP INC 0.00% of their portfolio | 14.8k $583.4k | Added +5.6k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 14.5k $572.0k | Reduced -1.4k |
| Vestmark Advisory Solutions, Inc. 0.01% of their portfolio | 14.2k $559.1k | New |
| Squarepoint Ops LLC 0.00% of their portfolio | 13.6k $535.1k | Added +1.3k |
| Fund 1 Investments, LLC 0.08% of their portfolio | 13.3k $525.5k | Reduced -129.8k |
| Freestone Grove Partners LP 0.00% of their portfolio | 12.9k $508.5k | Reduced -10.7k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.00% of their portfolio | 12.4k $488.6k | New |
| Headlands Technologies LLC 0.04% of their portfolio | 12.0k $474.5k | Reduced -19.7k |
| Illinois Municipal Retirement Fund 0.01% of their portfolio | 12.0k $474.5k | Reduced -331 |
| Ancora Advisors LLC 0.01% of their portfolio | 12.0k $472.4k | New |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 11.9k $469.0k | Added +494 |
| State of Alaska, Department of Revenue 0.00% of their portfolio | 11.9k $468.0k | Reduced -371 |
| Quantbot Technologies LP 0.02% of their portfolio | 11.6k $458.2k | New |