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 ($14.7m this quarter). Holder counts are more reliable. Shares outstanding: 63.9m as of 2024-03-02, 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 ≈ $194.49. Options: 28 managers hold calls ($591.5m notional), 30 hold puts ($694.5m).
Trends to Q4 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 |
| Q4 2023 | 462 |
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 |
| Q4 2023 | 261 | 200 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2023 | $312.0m | $328.5m | 1.05 |
| Q2 2023 | $229.6m | $297.8m | 1.30 |
| Q3 2023 | $331.7m | $447.7m | 1.35 |
| Q4 2023 | $591.5m | $694.5m | 1.17 |
Biggest buyers
| JPMORGAN CHASE & CO | Added | +4.6m |
| MORGAN STANLEY | Added | +3.2m |
| BlackRock Inc. | Added | +3.0m |
| STATE STREET CORP | Added | +802.2k |
| 1832 Asset Management L.P. | Added | +776.0k |
| FMR LLC | Added | +696.9k |
| Alyeska Investment Group, L.P. | Added | +559.7k |
| Bain Capital Public Equity Management II, LLC | New | +515.0k |
| COATUE MANAGEMENT LLC | New | +399.7k |
| Candlestick Capital Management LP | Added | +362.8k |
Biggest sellers
| T. Rowe Price Investment Management, Inc. | Reduced | -1.2m |
| Holocene Advisors, LP | Reduced | -1.1m |
| GOLDMAN SACHS GROUP INC | Reduced | -767.0k |
| CITADEL ADVISORS LLC | Reduced | -712.7k |
| Qube Research & Technologies Ltd | Reduced | -490.7k |
| COOPER CREEK PARTNERS MANAGEMENT LLC | Reduced | -471.2k |
| Rokos Capital Management LLP | Sold out | -424.1k |
| Man Group plc | Sold out | -418.3k |
| MARSHALL WACE, LLP | Reduced | -409.8k |
| BESSEMER GROUP INC | Reduced | -376.0k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $162.4m834.8k shares |
| CITADEL ADVISORS LLC | Added | $103.5m532.1k shares |
| JANE STREET GROUP, LLC | Added | $54.0m277.7k shares |
| Twin Tree Management, LP | New | $51.2m263.2k shares |
| SIMPLEX TRADING, LLC | Added | $33.7m173.1k shares |
| BARCLAYS PLC | Reduced | $30.7m158.0k shares |
| IMC-Chicago, LLC | Added | $24.8m127.7k shares |
| GTS SECURITIES LLC | Added | $24.3m124.9k shares |
| WOLVERINE TRADING, LLC | New | $23.0m118.5k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $13.7m70.2k shares |
Biggest puts
| JANE STREET GROUP, LLC | Added | $110.4m567.7k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $96.3m495.2k shares |
| CITADEL ADVISORS LLC | Reduced | $93.1m478.6k shares |
| Twin Tree Management, LP | Added | $89.9m462.5k shares |
| JPMORGAN CHASE & CO | New | $57.2m294.0k shares |
| BANK OF AMERICA CORP /DE/ | Added | $39.0m200.7k shares |
| TWO SIGMA INVESTMENTS, LP | Added | $37.6m193.5k shares |
| BARCLAYS PLC | Reduced | $30.1m155.0k shares |
| Walleye Trading LLC | Added | $19.7m101.3k shares |
| IMC-Chicago, LLC | Added | $17.1m87.9k 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 Q4 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
None reported in Q4 2023.
Holders, Q4 2023
| Manager | Shares | Change |
|---|---|---|
| JPMORGAN CHASE & CO 0.07% of their portfolio | 7.4m $1.4bn | Added +4.6m |
| Capital International Investors 0.32% of their portfolio | 7.3m $1.4bn | Added +79.0k |
| BlackRock Inc. 0.03% of their portfolio | 6.4m $1.3bn | Added +3.0m |
| VANGUARD GROUP INC 0.03% of their portfolio | 6.2m $1.2bn | Added +226.8k |
| MORGAN STANLEY 0.05% of their portfolio | 5.6m $1.1bn | Added +3.2m |
| T. Rowe Price Investment Management, Inc. 0.64% of their portfolio | 5.1m $991.4m | Reduced -1.2m |
| STATE STREET CORP 0.02% of their portfolio | 2.1m $416.1m | Added +802.2k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.04% of their portfolio | 1.7m $325.2m | Added +125.1k |
| FMR LLC 0.02% of their portfolio | 1.5m $284.8m | Added +696.9k |
| AMERIPRISE FINANCIAL INC 0.07% of their portfolio | 1.3m $249.7m | Added +6.1k |
| JANUS HENDERSON GROUP PLC 0.13% of their portfolio | 1.1m $218.9m | Added +13.5k |
| 1832 Asset Management L.P. 0.38% of their portfolio | 1.0m $201.1m | Added +776.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 989.7k $192.2m | Added +74.2k |
| Alyeska Investment Group, L.P. 1.25% of their portfolio | 953.1k $185.4m | Added +559.7k |
| WELLINGTON MANAGEMENT GROUP LLP 0.03% of their portfolio | 886.6k $172.4m | Added +100.8k |
| Bank of New York Mellon Corp 0.03% of their portfolio | 755.6k $147.0m | Added +291.6k |
| NORGES BANK 0.03% of their portfolio | 748.0k $145.5m | Added +64.0k |
| CITADEL ADVISORS LLC 0.13% of their portfolio | 685.5k $133.3m | Reduced -712.7k |
| Clearbridge Investments, LLC 0.11% of their portfolio | 631.1k $122.7m | Added +102.0k |
| Dorsal Capital Management, LP 3.93% of their portfolio | 625.0k $121.5m | Reduced -100.0k |
| PRIMECAP MANAGEMENT CO/CA/ 0.10% of their portfolio | 620.1k $120.6m | Reduced -2.1k |
| NORTHERN TRUST CORP 0.02% of their portfolio | 566.4k $110.2m | Added +121.8k |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 562.5k $109.4m | Reduced -767.0k |
| Bain Capital Public Equity Management II, LLC 4.43% of their portfolio | 515.0k $100.2m | New |
| AMERICAN CENTURY COMPANIES INC 0.07% of their portfolio | 515.0k $100.1m | Added +12.7k |
| Artemis Investment Management LLP 1.37% of their portfolio | 478.8k $93.1m | Added +235.3k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.26% of their portfolio | 467.1k $90.8m | Added +110.8k |
| JENNISON ASSOCIATES LLC 0.07% of their portfolio | 458.9k $89.2m | Reduced -19.1k |
| Candlestick Capital Management LP 2.74% of their portfolio | 437.8k $85.1m | Added +362.8k |
| Stephens Investment Management Group LLC 1.20% of their portfolio | 421.1k $81.9m | Added +15.1k |
| JANE STREET GROUP, LLC 0.10% of their portfolio | 406.2k $79.0m | Added +262.7k |
| COATUE MANAGEMENT LLC 0.33% of their portfolio | 399.7k $77.7m | New |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 396.3k $77.1m | Added +13.8k |
| Holocene Advisors, LP 0.30% of their portfolio | 388.9k $75.6m | Reduced -1.1m |
| SAMLYN CAPITAL, LLC 1.64% of their portfolio | 387.1k $75.3m | Reduced -213.5k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 368.1k $71.6m | Added +9.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.03% of their portfolio | 346.7k $67.4m | Added +1.1k |
| Allspring Global Investments Holdings, LLC 0.11% of their portfolio | 345.7k $67.2m | Added +20.5k |
| Legal & General Group Plc 0.02% of their portfolio | 343.6k $66.8m | Reduced -48.2k |
| Anomaly Capital Management, LP 2.84% of their portfolio | 338.4k $65.8m | Added +228.4k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.65% of their portfolio | 329.5k $64.1m | Added +189.1k |
| TD Asset Management Inc 0.06% of their portfolio | 300.7k $58.5m | Reduced -86.0k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 297.1k $57.8m | Reduced -208.9k |
| FRED ALGER MANAGEMENT, LLC 0.31% of their portfolio | 292.1k $56.8m | Added +287.1k |
| GW&K Investment Management, LLC 0.51% of their portfolio | 279.0k $54.3m | Reduced -8.1k |
| SCOPUS ASSET MANAGEMENT, L.P. 2.26% of their portfolio | 275.0k $53.5m | Reduced -112.3k |
| D. E. Shaw & Co., Inc. 0.08% of their portfolio | 274.0k $53.3m | Reduced -129.6k |
| Amundi 0.02% of their portfolio | 270.1k $53.1m | Reduced -62.6k |
| CRAMER ROSENTHAL MCGLYNN LLC 2.73% of their portfolio | 258.7k $50.3m | Reduced -6.4k |
| Squarepoint Ops LLC 0.20% of their portfolio | 258.2k $50.2m | Reduced -246.6k |
| Nuveen Asset Management, LLC 0.02% of their portfolio | 256.4k $49.9m | Reduced -344.5k |
| Point72 Asset Management, L.P. 0.15% of their portfolio | 253.9k $49.4m | Reduced -191.9k |
| PRINCIPAL FINANCIAL GROUP INC 0.03% of their portfolio | 240.8k $46.8m | Added +232.8k |
| FRANKLIN RESOURCES INC 0.02% of their portfolio | 240.7k $46.8m | Added +16.5k |
| Man Group plc 0.13% of their portfolio | 235.5k $45.8m | New |
| Junto Capital Management LP 1.03% of their portfolio | 230.6k $44.8m | Reduced -109.7k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.05% of their portfolio | 218.0k $42.4m | Reduced -48.1k |
| DEUTSCHE BANK AG\ 0.02% of their portfolio | 207.2k $40.3m | Added +15.4k |
| Swiss National Bank 0.03% of their portfolio | 202.3k $39.3m | Reduced -5.9k |
| Balyasny Asset Management L.P. 0.11% of their portfolio | 199.3k $38.8m | Added +197.7k |
| RHUMBLINE ADVISERS 0.04% of their portfolio | 197.2k $38.4m | Added +108.9k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 196.8k $38.3m | Added +28.4k |
| TWINBEECH CAPITAL LP 0.59% of their portfolio | 186.3k $36.2m | New |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 169.5k $33.0m | Reduced -184.5k |
| Hook Mill Capital Partners, LP 8.46% of their portfolio | 165.0k $32.1m | Added +87.5k |
| Parsifal Capital Management, LP 2.16% of their portfolio | 161.7k $31.4m | Reduced -75.6k |
| BNP PARIBAS FINANCIAL MARKETS 0.06% of their portfolio | 159.4k $31.0m | Added +150.6k |
| Sumitomo Mitsui Trust Group, Inc. 0.02% of their portfolio | 155.2k $30.2m | Reduced -6.6k |
| SCOPIA CAPITAL MANAGEMENT LP 3.91% of their portfolio | 150.2k $29.2m | Reduced -25.9k |
| Select Equity Group, L.P. 0.11% of their portfolio | 149.3k $29.0m | Reduced -276.7k |
| Schonfeld Strategic Advisors LLC 0.24% of their portfolio | 147.6k $28.7m | Added +72.6k |
| BARCLAYS PLC 0.01% of their portfolio | 143.2k $27.8m | Added +18.5k |
| COOPER CREEK PARTNERS MANAGEMENT LLC 1.42% of their portfolio | 139.7k $27.2m | Reduced -471.2k |
| Mirae Asset Global Investments Co., Ltd. 0.05% of their portfolio | 132.7k $26.2m | Added +14.7k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.03% of their portfolio | 127.6k $24.8m | Added +54.8k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 119.0k $23.1m | Reduced -4.6k |
| Delta Global Management LP 3.46% of their portfolio | 115.9k $22.5m | First filing |
| California Public Employees Retirement System 0.02% of their portfolio | 114.8k $22.3m | Reduced -6.1k |
| UBS Group AG 0.01% of their portfolio | 114.4k $22.3m | Added +30.1k |
| GENEVA CAPITAL MANAGEMENT LLC 0.42% of their portfolio | 114.1k $22.2m | Reduced -2.1k |
| Invesco Ltd. 0.01% of their portfolio | 113.4k $22.1m | Added +45.3k |
| CREDIT SUISSE AG/ 0.02% of their portfolio | 111.9k $21.8m | Added +7.7k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.03% of their portfolio | 96.4k $18.7m | Reduced -2.7k |
| Capital International, Inc./CA/ 0.28% of their portfolio | 93.6k $18.2m | Added +16.1k |
| Retirement Systems of Alabama 0.08% of their portfolio | 93.1k $18.1m | New |
| AMERICAN INTERNATIONAL GROUP, INC. 0.07% of their portfolio | 88.2k $17.2m | Added +87.1k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.06% of their portfolio | 87.2k $17.0m | New |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 78.1k $15.2m | Reduced -2.3k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.03% of their portfolio | 74.6k $14.5m | Added +3.9k |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.07% of their portfolio | 74.6k $14.5m | Reduced -365 |
| Verition Fund Management LLC 0.15% of their portfolio | 73.9k $14.4m | Added +34.1k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio | 71.8k $14.0m | Reduced -18.7k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.03% of their portfolio | 70.0k $13.6m | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio | 68.6k $13.3m | Reduced -97.9k |
| Tabor Asset Management, LP 6.20% of their portfolio | 68.1k $13.2m | New |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 64.5k $12.6m | Reduced -42.6k |
| CAPITAL FUND MANAGEMENT S.A. 0.15% of their portfolio | 59.8k $11.6m | Added +9.3k |
| Korea Investment CORP 0.03% of their portfolio | 57.4k $11.2m | Added +46.5k |
| Capital Group Private Client Services, Inc. 0.11% of their portfolio | 56.5k $11.0m | New |
| Walleye Capital LLC 0.15% of their portfolio | 56.0k $10.9m | Reduced -49.7k |