BJ's Wholesale Club (BJ) sees 9.16% passive position reported by Victory Capital

Rhea-AI Filing Summary

Victory Capital Management, Inc. reports beneficial ownership of common stock of BJ's Wholesale Club Holdings, Inc. on an amended Schedule 13G. Victory Capital beneficially owns 11,881,778 shares, representing 9.16% of the common stock.

Victory Capital has sole voting power over 11,830,407 shares and sole dispositive power over 11,881,778 shares, with no shared voting or dispositive power. The signatory certifies the position is held without the purpose or effect of changing or influencing control of BJ's Wholesale Club Holdings, Inc.

Key Figures

Beneficially owned shares: 11,881,778 shares Percent of class: 9.16% Sole voting power: 11,830,407 shares +3 more

6 metrics

Beneficially owned shares 11,881,778 shares Common stock of BJ's Wholesale Club Holdings, Inc.

Percent of class 9.16% Percentage of BJ's Wholesale Club common stock class

Sole voting power 11,830,407 shares Shares over which Victory Capital has sole power to vote

Shared voting power 0 shares Shares over which Victory Capital has shared voting power

Sole dispositive power 11,881,778 shares Shares over which Victory Capital has sole power to dispose

Shared dispositive power 0 shares Shares over which Victory Capital has shared dispositive power

Key Terms

beneficially owned, Sole voting power, dispositive power, Schedule 13D, +1 more

5 terms

beneficially owned financial

"Ownership (a) | Amount beneficially owned: 11,881,778"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

Sole voting power financial

"Sole Voting Power 11,830,407.00"

Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.

dispositive power financial

"Sole Dispositive Power 11,881,778.00"

Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.

Schedule 13D regulatory

"information that would otherwise be disclosed in a Schedule 13D"

A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.

foreign regulatory scheme regulatory

"the foreign regulatory scheme applicable to Victory Capital Management, Inc."

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 07/23/2026 - 02:34 PM Accepted by SEC EDGAR 07/23/2026 - 02:33 PM Learn about SEC filing dates

FAQ

What ownership stake in BJ (BJ's Wholesale Club Holdings, Inc.) does Victory Capital report on this Schedule 13G/A?

Victory Capital reports beneficial ownership of 11,881,778 shares of BJ's common stock, representing 9.16% of the outstanding class, with all of these shares held on a non-control, passive basis.

How much voting power over BJ common stock does Victory Capital Management, Inc. have?

Victory Capital has sole voting power over 11,830,407 shares of BJ's common stock and no shared voting power, indicating it alone can vote or direct the vote for those shares.

What dispositive power over BJ (BJ's Wholesale Club) shares does Victory Capital hold?

Victory Capital has sole dispositive power over 11,881,778 shares and no shared dispositive power, meaning it alone can decide whether to sell or otherwise dispose of those shares.

Does Victory Capital intend to influence control of BJ's Wholesale Club Holdings, Inc. with this 9.16% stake?

The certification states the securities were not acquired and are not held for the purpose or effect of changing or influencing control of BJ's Wholesale Club and are not part of any such transaction.

Why was this Schedule 13G/A for BJ (BJ's Wholesale Club) refiled as Amendment No. 2?

The filer states it originally filed on 5/11/2026, but only a Test File and not a Live File was submitted to EDGAR, so it did not go through; this was identified during the Q2 2026 review.

Who signed the BJ (BJ's Wholesale Club) Schedule 13G/A on behalf of Victory Capital and when?

The amendment is signed by Sean Fox, Chief Compliance Officer of Victory Capital Management, Inc., dated 07/23/2026, including certifications regarding regulatory comparability and passive investment intent.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

BJ's Wholesale Club Holdings, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

05550J101

(CUSIP Number)

03/31/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 05550J101

1

Names of Reporting Persons

Victory Capital Management, Inc.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

NEW YORK

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 11,830,407.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 11,881,778.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

11,881,778.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

9.16 %

12

Type of Reporting Person (See Instructions)

IA

Comment for Type of Reporting Person: Originally filed this on 5/11/2026. However, only a Test File (and not a Live File) was submitted to EDGAR and therefore the filing did not go through. This was identified during the Q2 2026 review.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: BJ's Wholesale Club Holdings, Inc.
(b)	Address of issuer's principal executive offices: 2401 Utah Avenue South Seattle, Wa 98134
Item 2.
(a)	Name of person filing: Victory Capital Management, Inc.
(b)	Address or principal business office or, if none, residence: 15935 La Cantera Pkwy San Antonio, TX 78256
(c)	Citizenship: New York
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 05550J101
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 11,881,778
(b)	Percent of class: 9.16 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 11,830,407
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 11,881,778
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11. By signing below I certify that, to the best of my knowledge and belief, the foreign regulatory scheme applicable to Victory Capital Management, Inc. is substantially comparable to the regulatory scheme applicable to the functionally equivalent U.S. institution(s). I also undertake to furnish to the Commission staff, upon request, information that would otherwise be disclosed in a Schedule 13D. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Victory Capital Management, Inc.

Signature:	Sean Fox
Name/Title:	Chief Compliance Officer
Date:	07/23/2026