Alta Capital Management Llc/ 13F: Cuts BJ Stake by $15M

On October 26, 2026, Alta Capital Management cut its position in BJ's Wholesale Club Holdings, Inc. by 159,981 shares, leaving it with 1,272 shares valued at $117,024. This information comes from the fund's latest Form 13F filing with the SEC.

BJ BJ's Wholesale Club Holdings, Inc.

$106.36 ▲ +15.71% year to date

1M 3M YTD

Daily close · Oct 26, 2026

What Changed in Alta Capital Management's BJ's Wholesale Club Position

Alta Capital Management's stake in BJ's Wholesale Club dropped from 161,253 shares to 1,272 shares, reflecting a 99.2% decrease. The reported value of this position is now $117,024.

Where BJ's Wholesale Club Fits in Alta Capital's Portfolio

This position makes up only 0.01% of Alta Capital's total reported value of about $1.07 billion, ranking it 57th among the fund's 215 holdings. The substantial cut indicates a strategic shift, as the fund has significantly reduced its investment in this stock.

Other Institutional Activity in BJ's Wholesale Club

Victory Capital Management Inc. reduced its holdings by 1,774,779 shares, leaving it with 9,479,369 shares valued at about $1.01 billion. Franklin Resources, Inc. added 1,229,733 shares, bringing its total to 8,350,367 shares worth approximately $888.1 million. River Road Asset Management, LLC saw a small decrease of 128,922 shares, ending with 3,374,396 shares valued at about $358.9 million.

BJ's Wholesale Club Holdings, Inc. Stock Down 0.3%

BJ's Wholesale Club shares closed at $106.63 on October 22, 2026, and recently traded around $106.36. This decline of about 0.3% since the filing date reflects a slight dip in investor sentiment.

Recent Earnings

BJ's Wholesale Club reported trailing twelve-month revenue of approximately $22.8 billion, with a net margin of 2.6%. The next earnings report is expected on November 20, 2026.

Insider Buying and Selling at BJ's Wholesale Club Holdings, Inc.

Insiders have been active recently. CEO Robert W. Eddy sold 8,000 shares on August 14, 2026, valued at about $749,154. He also sold 4,900 shares on August 24, 2026, for around $490,049. On August 25, 2026, Officer Joseph McGrail sold 1,500 shares for $144,975. These transactions show ongoing insider selling but do not necessarily indicate negative sentiment.

Analysts Set New Price Targets

On August 24, 2026, Citigroup maintained a "Buy" rating for BJ's Wholesale Club, raising its price target to $111 from $100. Roth Capital reiterated its "Neutral" rating with a target of $97, while UBS maintained a "Buy" rating with a target of $115, up from $109. DA Davidson also kept its "Buy" rating, increasing its target to $108 from $105. The consensus among analysts suggests a generally positive outlook for the stock.

About BJ's Wholesale Club

BJ's Wholesale Club Holdings, Inc. operates membership warehouse clubs primarily on the eastern side of the United States. The company offers groceries, fresh food, general merchandise, and other services through its clubs and online platforms. This recent reduction by Alta Capital Management may reflect a broader strategy or market conditions impacting the retailer's performance.

Bottom Line

Investors should watch for BJ's upcoming earnings report on November 20, 2026, as it may provide further insights into the company's performance. Alta Capital's significant cut in its stake could signal a shift in its investment strategy, and further filings may reveal more about their current outlook.