BURLINGTON STORES INC BURL
COM · Common Stock · CUSIP 122017106 · ISIN US1220171060
- SectorConsumer discretionary
- IndustryRetail-Department Stores
- HeadquartersBurlington, NJ
- 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 ($33.6m this quarter). Holder counts are more reliable. Shares outstanding: 64.9m as of 2023-07-29, 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 ≈ $157.59. Options: 22 managers hold calls ($229.6m notional), 21 hold puts ($297.8m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 370 |
| Q4 2022 | 428 |
| Q1 2023 | 442 |
| Q2 2023 | 429 |
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 | 221 | 197 |
| Q1 2023 | 226 | 200 |
| Q2 2023 | 201 | 225 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $161.1m | $162.6m | 1.01 |
| Q4 2022 | $384.7m | $337.1m | 0.88 |
| Q1 2023 | $312.0m | $328.5m | 1.05 |
| Q2 2023 | $229.6m | $297.8m | 1.30 |
Biggest buyers
| Capital International Investors | Added | +940.5k |
| Holocene Advisors, LP | New | +497.0k |
| MORGAN STANLEY | Added | +490.6k |
| RENAISSANCE TECHNOLOGIES LLC | Added | +485.2k |
| Wolf Hill Capital Management, LP | New | +472.7k |
| Amundi | Added | +389.5k |
| Dorsal Capital Management, LP | Added | +350.0k |
| Junto Capital Management LP | New | +337.9k |
| STEADFAST CAPITAL MANAGEMENT LP | Added | +309.5k |
| Qube Research & Technologies Ltd | Added | +307.0k |
Biggest sellers
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -2.0m |
| JPMORGAN CHASE & CO | Reduced | -873.2k |
| FMR LLC | Reduced | -785.1k |
| Capital Research Global Investors | Reduced | -553.1k |
| DSM CAPITAL PARTNERS LLC | Reduced | -543.0k |
| SCOPUS ASSET MANAGEMENT, L.P. | Sold out | -537.5k |
| FRANKLIN RESOURCES INC | Reduced | -529.7k |
| D. E. Shaw & Co., Inc. | Reduced | -504.4k |
| PARNASSUS INVESTMENTS, LLC | Sold out | -424.6k |
| GOLDMAN SACHS GROUP INC | Reduced | -287.7k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $62.2m395.1k shares |
| Candlestick Capital Management LP | New | $39.3m250.0k shares |
| Twin Tree Management, LP | Reduced | $17.2m109.0k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $15.6m98.8k shares |
| CITADEL ADVISORS LLC | Reduced | $15.5m98.2k shares |
| IMC-Chicago, LLC | Reduced | $8.7m55.3k shares |
| SIMPLEX TRADING, LLC | Reduced | $8.7m55.3k shares |
| Point72 Asset Management, L.P. | Reduced | $7.9m50.0k shares |
| Squarepoint Ops LLC | New | $7.5m47.7k shares |
| JANE STREET GROUP, LLC | Reduced | $7.3m46.4k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $102.7m652.6k shares |
| CITADEL ADVISORS LLC | Reduced | $48.0m305.0k shares |
| JANE STREET GROUP, LLC | Added | $30.3m192.2k shares |
| SIMPLEX TRADING, LLC | Reduced | $18.3m116.2k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $17.5m110.9k shares |
| Polar Asset Management Partners Inc. | New | $11.8m75.0k shares |
| BNP PARIBAS FINANCIAL MARKETS | Added | $10.7m677 shares |
| PEAK6 Investments LLC | Added | $8.7m55.0k shares |
| Cubist Systematic Strategies, LLC | Added | $8.5m54.3k shares |
| Twin Tree Management, LP | Reduced | $7.7m48.8k 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 |
|---|---|
| JPMORGAN CHASE & CO 13G · institution +1.2 pts · filed 2026-10-02 | 11.0% |
| Capital International Investors 13G · institution -1.2 pts · filed 2026-08-12 | 8.8% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.4% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q2 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 |
|---|---|---|---|---|---|
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 0 | — | — |
| Q1 2022 | 0 | — | 0 | — | — |
| Q2 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 1 | $570.6k | — |
| Q1 2023 | 0 | — | 2 | $10.0m | — |
| Q2 2023 | 0 | — | 0 | — | — |
None reported in Q2 2023.
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| T. Rowe Price Investment Management, Inc. 0.73% of their portfolio | 6.8m $1.1bn | Reduced -15.6k |
| Capital International Investors 0.25% of their portfolio | 6.6m $1.0bn | Added +940.5k |
| VANGUARD GROUP INC 0.02% of their portfolio | 6.0m $946.2m | Reduced -14.1k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.10% of their portfolio | 4.5m $701.7m | Reduced -2.0m |
| BlackRock Inc. 0.02% of their portfolio | 4.3m $681.7m | Added +67.5k |
| JPMORGAN CHASE & CO 0.05% of their portfolio | 2.5m $393.2m | Reduced -873.2k |
| MORGAN STANLEY 0.03% of their portfolio | 2.1m $325.2m | Added +490.6k |
| Capital Research Global Investors 0.06% of their portfolio | 1.4m $213.5m | Reduced -553.1k |
| STATE STREET CORP 0.01% of their portfolio | 1.3m $210.6m | Added +5.8k |
| Nuveen Asset Management, LLC 0.07% of their portfolio | 1.3m $208.9m | Reduced -1.7k |
| RENAISSANCE TECHNOLOGIES LLC 0.23% of their portfolio | 1.0m $159.4m | Added +485.2k |
| GOLDMAN SACHS GROUP INC 0.04% of their portfolio | 990.3k $155.9m | Reduced -287.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 897.0k $140.9m | Added +22.2k |
| JANUS HENDERSON GROUP PLC 0.08% of their portfolio | 776.0k $122.1m | Added +5.2k |
| Amundi 0.06% of their portfolio | 752.5k $119.7m | Added +389.5k |
| STEADFAST CAPITAL MANAGEMENT LP 2.90% of their portfolio | 692.0k $108.9m | Added +309.5k |
| MILLENNIUM MANAGEMENT LLC 0.11% of their portfolio | 689.4k $108.5m | Added +139.5k |
| D. E. Shaw & Co., Inc. 0.17% of their portfolio | 685.7k $107.9m | Reduced -504.4k |
| Qube Research & Technologies Ltd 0.40% of their portfolio | 655.3k $103.1m | Added +307.0k |
| FMR LLC 0.01% of their portfolio | 651.6k $102.6m | Reduced -785.1k |
| NORGES BANK 0.02% of their portfolio | 634.4k $99.8m | Added +90.6k |
| PRIMECAP MANAGEMENT CO/CA/ 0.08% of their portfolio | 631.6k $99.4m | Reduced -200 |
| Dorsal Capital Management, LP 3.94% of their portfolio | 625.0k $98.4m | Added +350.0k |
| WELLINGTON MANAGEMENT GROUP LLP 0.02% of their portfolio | 545.8k $85.9m | Added +170.7k |
| TWO SIGMA INVESTMENTS, LP 0.23% of their portfolio | 544.9k $85.8m | Added +85.9k |
| BESSEMER GROUP INC 0.18% of their portfolio | 542.6k $85.4m | Reduced -184.9k |
| Candlestick Capital Management LP 2.84% of their portfolio | 534.2k $84.1m | Added +105.0k |
| Clearbridge Investments, LLC 0.07% of their portfolio | 523.9k $82.5m | Added +57.3k |
| Point72 Asset Management, L.P. 0.27% of their portfolio | 503.1k $79.2m | Reduced -27.3k |
| Holocene Advisors, LP 0.34% of their portfolio | 497.0k $78.2m | New |
| AMERICAN CENTURY COMPANIES INC 0.06% of their portfolio | 495.6k $78.0m | Added +278.9k |
| Wolf Hill Capital Management, LP 6.08% of their portfolio | 472.7k $74.4m | New |
| Bank of New York Mellon Corp 0.02% of their portfolio | 467.1k $73.5m | Reduced -24.5k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.02% of their portfolio | 460.4k $72.5m | Reduced -73.3k |
| Anomaly Capital Management, LP 2.77% of their portfolio | 455.2k $71.6m | Added +174.0k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 437.2k $68.8m | Reduced -1.1k |
| TD Asset Management Inc 0.08% of their portfolio | 423.8k $66.7m | Reduced -2.1k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 397.3k $62.5m | Added +119.9k |
| Legal & General Group Plc 0.02% of their portfolio | 396.0k $62.3m | Added +45.4k |
| ALLIANCEBERNSTEIN L.P. 0.03% of their portfolio | 393.1k $61.9m | Reduced -92.5k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.19% of their portfolio | 380.0k $59.8m | Reduced -65.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 379.3k $59.7m | Reduced -3.0k |
| JENNISON ASSOCIATES LLC 0.05% of their portfolio | 372.5k $58.6m | Added +123.3k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 342.2k $53.9m | Added +22.5k |
| Junto Capital Management LP 1.35% of their portfolio | 337.9k $53.2m | New |
| Parsifal Capital Management, LP 3.85% of their portfolio | 323.1k $50.8m | Reduced -24.8k |
| Stephens Investment Management Group LLC 0.79% of their portfolio | 321.4k $50.6m | Added +5.8k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.24% of their portfolio | 319.1k $50.2m | Added +202.1k |
| CITADEL ADVISORS LLC 0.05% of their portfolio | 309.7k $48.7m | Added +188.7k |
| Allspring Global Investments Holdings, LLC 0.07% of their portfolio | 297.1k $46.8m | Added +27.8k |
| GW&K Investment Management, LLC 0.44% of their portfolio | 296.7k $46.7m | Reduced -3.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.03% of their portfolio | 279.6k $56.5m | Unchanged |
| Alyeska Investment Group, L.P. 0.33% of their portfolio | 274.9k $43.3m | Added +188.6k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 262.6k $41.3m | Reduced -56.5k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.06% of their portfolio | 261.5k $41.2m | Added +52.9k |
| CRAMER ROSENTHAL MCGLYNN LLC 2.00% of their portfolio | 253.4k $39.9m | Reduced -4.4k |
| SCOPIA CAPITAL MANAGEMENT LP 4.08% of their portfolio | 245.5k $38.6m | Added +41.7k |
| Man Group plc 0.12% of their portfolio | 241.0k $37.9m | New |
| Schonfeld Strategic Advisors LLC 0.32% of their portfolio | 237.4k $37.4m | Added +154.6k |
| Swiss National Bank 0.03% of their portfolio | 234.5k $36.9m | Reduced -24.0k |
| 1832 Asset Management L.P. 0.07% of their portfolio | 234.3k $36.9m | Added +170.5k |
| FRANKLIN RESOURCES INC 0.02% of their portfolio | 230.3k $36.3m | Reduced -529.7k |
| DEUTSCHE BANK AG\ 0.02% of their portfolio | 201.4k $31.7m | Added +30.1k |
| Artemis Investment Management LLP 0.39% of their portfolio | 194.7k $30.6m | Added +45.9k |
| JANE STREET GROUP, LLC 0.04% of their portfolio | 189.6k $29.8m | Added +106.2k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.25% of their portfolio | 163.0k $25.7m | Added +63.4k |
| Sumitomo Mitsui Trust Group, Inc. 0.02% of their portfolio | 162.7k $25.6m | Reduced -23.2k |
| MACQUARIE GROUP LTD 0.03% of their portfolio | 151.7k $23.9m | Reduced -1.4k |
| Balyasny Asset Management L.P. 0.06% of their portfolio | 139.0k $21.9m | Reduced -95.3k |
| MANE GLOBAL CAPITAL MANAGEMENT LP 1.92% of their portfolio | 129.6k $20.4m | Reduced -15.8k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 127.3k $20.0m | Added +25.8k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 122.3k $19.5m | Added +114.7k |
| GENEVA CAPITAL MANAGEMENT LLC 0.38% of their portfolio | 121.7k $19.2m | Reduced -7.2k |
| California Public Employees Retirement System 0.02% of their portfolio | 117.0k $18.4m | Reduced -6.0k |
| Polar Asset Management Partners Inc. 0.36% of their portfolio | 116.7k $18.4m | New |
| TWINBEECH CAPITAL LP 0.34% of their portfolio | 110.4k $17.4m | New |
| CREDIT SUISSE AG/ 0.02% of their portfolio | 110.1k $17.3m | Reduced -1.7k |
| Interval Partners, LP 0.86% of their portfolio | 108.6k $17.1m | Added +25.5k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.02% of their portfolio | 106.2k $16.7m | Reduced -59.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 104.5k $16.4m | Reduced -3.0k |
| AEGON ASSET MANAGEMENT UK Plc 0.26% of their portfolio | 103.1k $16.2m | Reduced -56.1k |
| Quadrature Capital Ltd 0.35% of their portfolio | 101.0k $15.9m | Added +55.5k |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 94.5k $14.9m | Added +28.3k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 88.8k $14.0m | Added +7.8k |
| Trexquant Investment LP 0.34% of their portfolio | 81.8k $12.9m | Reduced -2.6k |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.22% of their portfolio | 80.8k $12.7m | Added +5.2k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.03% of their portfolio | 80.0k $12.6m | Added +20.0k |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.06% of their portfolio | 76.1k $12.0m | Unchanged |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.03% of their portfolio | 74.9k $11.8m | Added +6.5k |
| COOPER CREEK PARTNERS MANAGEMENT LLC 0.80% of their portfolio | 74.8k $11.8m | Reduced -118.0k |
| Squarepoint Ops LLC 0.06% of their portfolio | 74.5k $11.7m | Added +15.4k |
| Lighthouse Investment Partners, LLC 0.89% of their portfolio | 74.5k $11.7m | Added +44.5k |
| Shellback Capital, LP 0.97% of their portfolio | 70.0k $11.0m | Reduced -9.9k |
| BARCLAYS PLC 0.01% of their portfolio | 67.7k $10.7m | Added +27.7k |
| Rokos Capital Management LLP 0.20% of their portfolio | 64.2k $10.0m | New |
| Andra AP-fonden 0.25% of their portfolio | 63.9k $10.1m | Added +19.1k |
| CAPITAL GROUP INVESTMENT MANAGEMENT PTE. LTD. 0.48% of their portfolio | 61.2k $9.6m | Unchanged |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 58.6k $9.2m | Reduced -97.9k |
| EASTERN BANK 0.43% of their portfolio | 57.7k $9.1m | Reduced -537 |
| Capital International, Inc./CA/ 0.16% of their portfolio | 57.4k $9.0m | Reduced -184 |