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 ($37.0m this quarter). Holder counts are more reliable. Shares outstanding: 64.5m as of 2023-10-28, 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 ≈ $136.10. Options: 25 managers hold calls ($331.7m notional), 26 hold puts ($447.7m).
Trends to Q3 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 370 |
| Q4 2022 | 428 |
| Q1 2023 | 442 |
| Q2 2023 | 429 |
| Q3 2023 | 418 |
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 |
| Q3 2023 | 207 | 200 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2022 | $384.7m | $337.1m | 0.88 |
| Q1 2023 | $312.0m | $328.5m | 1.05 |
| Q2 2023 | $229.6m | $297.8m | 1.30 |
| Q3 2023 | $331.7m | $447.7m | 1.35 |
Biggest buyers
| CITADEL ADVISORS LLC | Added | +1.1m |
| Holocene Advisors, LP | Added | +1.0m |
| AMERIPRISE FINANCIAL INC | Added | +880.4k |
| Capital International Investors | Added | +604.5k |
| SAMLYN CAPITAL, LLC | New | +600.6k |
| COOPER CREEK PARTNERS MANAGEMENT LLC | Added | +536.0k |
| Squarepoint Ops LLC | Added | +430.3k |
| Select Equity Group, L.P. | New | +426.0k |
| Man Group plc | New | +418.3k |
| MARSHALL WACE, LLP | Added | +411.1k |
Biggest sellers
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -2.9m |
| Capital Research Global Investors | Sold out | -1.4m |
| BlackRock Inc. | Reduced | -941.2k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -739.7k |
| Nuveen Asset Management, LLC | Reduced | -726.3k |
| STEADFAST CAPITAL MANAGEMENT LP | Sold out | -692.0k |
| T. Rowe Price Investment Management, Inc. | Reduced | -479.5k |
| Candlestick Capital Management LP | Reduced | -459.2k |
| TWO SIGMA INVESTMENTS, LP | Reduced | -433.4k |
| Amundi | Reduced | -419.9k |
Biggest calls
| BARCLAYS PLC | New | $81.2m600.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $75.3m556.4k shares |
| CITADEL ADVISORS LLC | Added | $52.8m390.1k shares |
| MILLENNIUM MANAGEMENT LLC | New | $16.9m125.0k shares |
| SIMPLEX TRADING, LLC | Added | $16.2m119.6k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $13.1m96.9k shares |
| IMC-Chicago, LLC | Added | $10.9m80.2k shares |
| SCOPUS ASSET MANAGEMENT, L.P. | New | $10.1m75.0k shares |
| PEAK6 Investments LLC | Added | $9.5m70.0k shares |
| JANE STREET GROUP, LLC | Added | $9.0m66.5k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $144.9m1.1m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $74.9m553.3k shares |
| BARCLAYS PLC | New | $54.1m400.0k shares |
| JANE STREET GROUP, LLC | Added | $40.1m296.2k shares |
| BANK OF AMERICA CORP /DE/ | New | $23.7m174.9k shares |
| SIMPLEX TRADING, LLC | Reduced | $14.0m103.5k shares |
| GTS SECURITIES LLC | New | $10.5m77.5k shares |
| Walleye Trading LLC | Added | $10.3m76.0k shares |
| IMC-Chicago, LLC | Added | $9.7m71.7k shares |
| PEAK6 Investments LLC | Added | $8.8m65.1k 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 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 | — | 0 | — | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 1 | $570.6k | — |
| Q1 2023 | 0 | — | 2 | $10.0m | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
None reported in Q3 2023.
Holders, Q3 2023
| Manager | Shares | Change |
|---|---|---|
| Capital International Investors 0.25% of their portfolio | 7.2m $974.7m | Added +604.5k |
| T. Rowe Price Investment Management, Inc. 0.60% of their portfolio | 6.3m $853.1m | Reduced -479.5k |
| VANGUARD GROUP INC 0.02% of their portfolio | 6.0m $811.9m | Reduced -11.2k |
| BlackRock Inc. 0.01% of their portfolio | 3.4m $458.7m | Reduced -941.2k |
| JPMORGAN CHASE & CO 0.04% of their portfolio | 2.8m $385.0m | Added +347.7k |
| MORGAN STANLEY 0.03% of their portfolio | 2.4m $323.1m | Added +322.2k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.03% of their portfolio | 1.5m $209.3m | Reduced -2.9m |
| Holocene Advisors, LP 0.92% of their portfolio | 1.5m $206.7m | Added +1.0m |
| CITADEL ADVISORS LLC 0.20% of their portfolio | 1.4m $189.2m | Added +1.1m |
| STATE STREET CORP 0.01% of their portfolio | 1.3m $180.9m | Reduced -828 |
| GOLDMAN SACHS GROUP INC 0.05% of their portfolio | 1.3m $179.9m | Added +339.2k |
| AMERIPRISE FINANCIAL INC 0.06% of their portfolio | 1.3m $172.9m | Added +880.4k |
| JANUS HENDERSON GROUP PLC 0.10% of their portfolio | 1.1m $150.4m | Added +335.8k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 915.4k $123.7m | Added +18.5k |
| WELLINGTON MANAGEMENT GROUP LLP 0.02% of their portfolio | 785.8k $106.3m | Added +240.0k |
| FMR LLC 0.01% of their portfolio | 767.6k $103.9m | Added +116.0k |
| Dorsal Capital Management, LP 3.49% of their portfolio | 725.0k $98.1m | Added +100.0k |
| NORGES BANK 0.02% of their portfolio | 684.0k $92.6m | Added +49.7k |
| PRIMECAP MANAGEMENT CO/CA/ 0.07% of their portfolio | 622.2k $84.2m | Reduced -9.4k |
| COOPER CREEK PARTNERS MANAGEMENT LLC 5.03% of their portfolio | 610.8k $82.6m | Added +536.0k |
| Nuveen Asset Management, LLC 0.03% of their portfolio | 600.9k $81.3m | Reduced -726.3k |
| SAMLYN CAPITAL, LLC 1.44% of their portfolio | 600.6k $81.3m | New |
| Clearbridge Investments, LLC 0.07% of their portfolio | 529.2k $71.6m | Added +5.3k |
| Qube Research & Technologies Ltd 0.21% of their portfolio | 518.6k $70.2m | Reduced -136.6k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 506.1k $68.5m | Added +243.5k |
| Squarepoint Ops LLC 0.33% of their portfolio | 504.8k $68.3m | Added +430.3k |
| AMERICAN CENTURY COMPANIES INC 0.05% of their portfolio | 502.3k $68.0m | Added +6.6k |
| JENNISON ASSOCIATES LLC 0.05% of their portfolio | 478.0k $64.7m | Added +105.5k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 464.0k $62.8m | Reduced -3.0k |
| Point72 Asset Management, L.P. 0.21% of their portfolio | 445.7k $60.3m | Reduced -57.3k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 444.6k $60.2m | Added +7.4k |
| MARSHALL WACE, LLP 0.13% of their portfolio | 430.4k $58.2m | Added +411.1k |
| Select Equity Group, L.P. 0.24% of their portfolio | 426.0k $57.6m | New |
| Rokos Capital Management LLP 2.11% of their portfolio | 424.1k $57.8m | Added +359.8k |
| Man Group plc 0.18% of their portfolio | 418.3k $56.6m | New |
| Stephens Investment Management Group LLC 0.90% of their portfolio | 406.0k $54.9m | Added +84.7k |
| D. E. Shaw & Co., Inc. 0.09% of their portfolio | 403.6k $54.6m | Reduced -282.2k |
| Alyeska Investment Group, L.P. 0.36% of their portfolio | 393.4k $53.2m | Added +118.5k |
| Legal & General Group Plc 0.02% of their portfolio | 391.9k $53.0m | Reduced -4.2k |
| SCOPUS ASSET MANAGEMENT, L.P. 1.98% of their portfolio | 387.3k $52.4m | New |
| TD Asset Management Inc 0.06% of their portfolio | 386.6k $52.3m | Reduced -37.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 382.5k $51.8m | Added +3.2k |
| BESSEMER GROUP INC 0.11% of their portfolio | 379.2k $51.3m | Reduced -163.4k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 358.4k $48.5m | Added +16.1k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.16% of their portfolio | 356.3k $48.2m | Reduced -23.8k |
| MILLENNIUM MANAGEMENT LLC 0.05% of their portfolio | 354.0k $47.9m | Reduced -335.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio | 345.6k $46.8m | Added +66.0k |
| Junto Capital Management LP 1.09% of their portfolio | 340.3k $46.0m | Added +2.4k |
| Amundi 0.02% of their portfolio | 332.6k $38.7m | Reduced -419.9k |
| Allspring Global Investments Holdings, LLC 0.08% of their portfolio | 325.2k $44.0m | Added +28.1k |
| Wolf Hill Capital Management, LP 3.75% of their portfolio | 302.0k $40.9m | Reduced -170.7k |
| GW&K Investment Management, LLC 0.39% of their portfolio | 287.1k $38.8m | Reduced -9.6k |
| RENAISSANCE TECHNOLOGIES LLC 0.06% of their portfolio | 273.2k $37.0m | Reduced -739.7k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.05% of their portfolio | 266.1k $36.0m | Added +4.7k |
| CRAMER ROSENTHAL MCGLYNN LLC 2.00% of their portfolio | 265.1k $35.9m | Added +11.8k |
| 1832 Asset Management L.P. 0.07% of their portfolio | 258.3k $34.9m | Added +24.0k |
| Artemis Investment Management LLP 0.46% of their portfolio | 243.5k $32.9m | Added +48.8k |
| Parsifal Capital Management, LP 2.72% of their portfolio | 237.3k $32.1m | Reduced -85.8k |
| FRANKLIN RESOURCES INC 0.02% of their portfolio | 224.2k $30.3m | Reduced -6.2k |
| Swiss National Bank 0.02% of their portfolio | 208.2k $28.2m | Reduced -26.3k |
| DEUTSCHE BANK AG\ 0.02% of their portfolio | 191.7k $25.9m | Reduced -9.7k |
| SCOPIA CAPITAL MANAGEMENT LP 3.11% of their portfolio | 176.1k $23.8m | Reduced -69.5k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 168.5k $22.8m | Reduced -224.6k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio | 166.5k $22.5m | Added +107.9k |
| Sumitomo Mitsui Trust Group, Inc. 0.02% of their portfolio | 161.8k $21.9m | Reduced -977 |
| Cubist Systematic Strategies, LLC 0.24% of their portfolio | 145.4k $19.7m | Added +105.0k |
| JANE STREET GROUP, LLC 0.03% of their portfolio | 143.5k $19.4m | Reduced -46.1k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.21% of their portfolio | 140.4k $19.0m | Reduced -22.6k |
| KBC Group NV 0.07% of their portfolio | 130.5k $17.7m | Added +122.4k |
| Davidson Kempner Capital Management LP 0.26% of their portfolio | 126.0k $17.1m | New |
| BARCLAYS PLC 0.01% of their portfolio | 124.6k $16.9m | Added +56.9k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 123.5k $16.7m | Reduced -3.8k |
| California Public Employees Retirement System 0.01% of their portfolio | 121.0k $16.4m | Added +4.0k |
| Mirae Asset Global Investments Co., Ltd. 0.03% of their portfolio | 118.1k $15.6m | Added +107.7k |
| GENEVA CAPITAL MANAGEMENT LLC 0.33% of their portfolio | 116.1k $15.7m | Reduced -5.6k |
| TWO SIGMA INVESTMENTS, LP 0.04% of their portfolio | 111.6k $15.1m | Reduced -433.4k |
| JUPITER ASSET MANAGEMENT LTD 0.17% of their portfolio | 111.4k $15.1m | Added +69.6k |
| Shellback Capital, LP 1.44% of their portfolio | 110.0k $14.9m | Added +40.0k |
| Anomaly Capital Management, LP 0.68% of their portfolio | 109.9k $14.9m | Reduced -345.3k |
| HSBC HOLDINGS PLC 0.02% of their portfolio | 107.1k $14.5m | Added +66.0k |
| Walleye Capital LLC 0.21% of their portfolio | 105.8k $14.3m | Added +65.2k |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 104.2k $14.1m | Reduced -5.9k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 99.0k $13.4m | Reduced -5.4k |
| Interval Partners, LP 0.53% of their portfolio | 95.0k $12.9m | Reduced -13.6k |
| Rivermont Capital Management LP 5.72% of their portfolio | 94.6k $12.8m | New |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio | 90.5k $12.2m | Reduced -369.9k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 88.3k $11.9m | Reduced -508 |
| Polar Asset Management Partners Inc. 0.29% of their portfolio | 88.1k $11.9m | Reduced -28.6k |
| UBS Group AG 0.01% of their portfolio | 84.4k $11.4m | Added +39.4k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 80.3k $10.9m | Added +37.1k |
| Aquatic Capital Management LLC 0.45% of their portfolio | 79.2k $10.7m | Added +38.1k |
| Stony Point Capital LLC 3.57% of their portfolio | 77.7k $10.5m | New |
| Hook Mill Capital Partners, LP 4.08% of their portfolio | 77.5k $10.5m | Added +66.2k |
| Capital International, Inc./CA/ 0.20% of their portfolio | 77.5k $10.5m | Added +20.1k |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.05% of their portfolio | 75.0k $10.1m | Reduced -1.1k |
| Schonfeld Strategic Advisors LLC 0.09% of their portfolio | 75.0k $10.1m | Reduced -162.4k |
| Candlestick Capital Management LP 0.40% of their portfolio | 75.0k $10.1m | Reduced -459.2k |
| Trexquant Investment LP 0.25% of their portfolio | 73.7k $10.0m | Reduced -8.1k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio | 72.8k $9.8m | Added +17.6k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.02% of their portfolio | 70.8k $9.6m | Reduced -4.1k |