BJRI β€” BJS RESTAURANTS INC

Ownership history in Bayesian Capital Management, LP  Β·  8 quarters on record

This page tracks every 13F SEC filing in which Bayesian Capital Management, LP reported a position in BJS RESTAURANTS INC (BJRI). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β€” sourced directly from SEC EDGAR 13F filings.

πŸ” Peak position
0.46% (2015 Q4)
πŸ“Š Avg. % of fund
0.19%
πŸ“… First filed
2015 Q4
πŸ“… Last filed
2025 Q3
⏱ Quarters held
8

Position Intelligence

Bayesian Capital Management, LP Γ— BJRI AI Analytics

πŸ“‰ Bayesian Capital Management, LP underperformed the S&P 500 by –133.1% annually on this BJRI position. Timing score: 43% (3/7 decisions correct). Average cost basis: $56.41. Maximum drawdown during holding period: –57.0%.

πŸ“ˆ Position Alpha vs SPY
-133.1%
annualised excess return

❌ Significantly underperformed the S&P 500 by 133.1% ann.
7 quarters analyzed

⏱️ Timing Score
43%

⚠️ Poor timing β€” buys often preceded drops, trims preceded rallies.
3 of 7 add/trim decisions correct

πŸ’° Entry Quality
$56.41
-45.9% vs current ($30.53)

Best entry: $42.30 (2015 Q4)  Β·  Worst: $70.94 (2018 Q3)

πŸ›‘οΈ Drawdown Resilience
–57.0%
max drawdown while held

πŸ’ͺ Held through 1 major drawdown (>20%). Strong conviction under pressure.

πŸ’ͺ Fund Conviction
62%
buy-side decisions

5 adds Β· 3 trims. Bought during 1 of 4 down-price quarters. πŸ“ˆ More buys than sells across the holding period.

πŸ“‘ Position Trajectory
β†’ Stable
last 4–5 quarters trend

βš–οΈ Portfolio weight has remained relatively stable β€” conviction maintained.
Currently 0.1% of portfolio

⚠ Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ— 4 (annualised). Not investment advice.

% of Fund (quarterly)    BJRI price (monthly, adj. close)
πŸ“‹ Quarterly Holdings History 8 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2025 Q3 REDUCED 15,900 -6,572 -29.2% 0.10% $485K $30.53
2018 Q4 ADDED 22,472 +1,374 +6.5% 0.23% $1.1M $49.78
2018 Q3 ADDED 21,098 +9,000 +74.4% 0.25% $1.5M $70.94
2018 Q2 ADDED 12,098 +3,200 +36.0% 0.16% $726K $58.85
2018 Q1 ADDED 8,898 +1,951 +28.1% 0.10% $400K $43.96
2017 Q2 REDUCED 6,947 -200 -2.8% 0.10% $259K $36.24
2017 Q1 REDUCED 7,147 -311 -4.2% 0.14% $289K $39.31
2015 Q4 INITIATED 7,458 β€” β€” 0.46% $324K $42.30

🏒 Other funds also holding BJRI

As of 2025 Q4 β€” sorted by position size

JCP Investment Management, LLC 3Y 3.89% CRAMER ROSENTHAL MCGLYNN LLC 3Y 7Y 1.62% Lisanti Capital Growth, LLC 3Y 7Y 0.74% EMERALD ADVISERS, LLC 3Y 7Y 0.67% LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 3Y 7Y 0.38% Wakefield Asset Management LLLP 3Y 7Y 0.31% ROTHSCHILD INVESTMENT LLC 0.21% Woodline Partners LP 3Y 0.16% BRIDGEWAY CAPITAL MANAGEMENT, LLC 3Y 7Y 0.12% WINTON GROUP Ltd 3Y 7Y 0.1%
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