Arlington Value Capital’s Bread Financial BFH Stock Holding History

Arlington Value Capital’s Portfolio BFH Stock Details BFH Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2020 Q1	$23.7M	Sell	884,121 -679,821	-43%	-$46.3M	3.45%	8
2019 Q4	$140M	Buy	1,563,942 +213,967	+16%	+$18.9M	9.52%	4
2019 Q3	$138M	Sell	1,349,975 -402,170	-23%	-$45.3M	9.03%	5
2019 Q2	$196M	Buy	1,752,145 +333,795	+24%	+$40.4M	13.28%	2
2019 Q1	$198M	Sell	1,418,350 -431,139	-23%	-$58.7M	13.95%	2
2018 Q4	$222M	Buy	1,849,489 +484,998	+36%	+$76.1M	17.67%	2
2018 Q3	$257M	Buy	1,364,491 +108,243	+9%	+$20.4M	18.86%	2
2018 Q2	$234M	Buy	1,256,248 +242,332	+24%	+$41.4M	18.33%	1
2018 Q1	$172M	Buy	1,013,916 +805,446	+386%	+$157M	14.25%	3
2017 Q4	$42.2M	Buy	208,470 +42,214	+25%	+$7.82M	3.99%	10
2017 Q3	$29.4M	Buy	+166,256	New	+$30.8M	2.94%	10

Other funds holding BFH

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Point72 Asset Management Stamford, Connecticut $78.1B AUM 55.25% 1-Year Est. Return

Parnassus Investments San Francisco, California $34.1B AUM 20.22% 1-Year Est. Return

LAM

Lyrical Asset Management New York $6.56B AUM 20.06% 1-Year Est. Return

TCAM

Turtle Creek Asset Management Toronto, Ontario, Canada $2.67B AUM 0.64% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

Arlington Value Capital's BFH Position: Q1 2020 in Review

Arlington Value Capital reduced its Bread Financial (BFH) stake by 43% in Q1 2020, selling an estimated $46.3M and leaving 884,121 shares worth $23.7M. The position accounts for 3.45% of the portfolio, ranked #8.

Arlington Value Capital first reported a position in BFH in Q3 2017 and has held it in 11 quarters since. The position peaked at $257M in Q3 2018. 329 funds tracked by Wall St. Rank hold BFH as of Q1 2020.

Arlington Value Capital held 884,121 shares of Bread Financial worth $23.7M as of Q1 2020.
Arlington Value Capital sold 679,821 Bread Financial shares in Q1 2020, an estimated $46.3M.
Bread Financial made up 3.45% of Arlington Value Capital's portfolio in Q1 2020, its #8 holding.
Arlington Value Capital first reported a position in Bread Financial in Q3 2017 and has held it in 11 quarters since.
Arlington Value Capital's Bread Financial position peaked at $257M in Q3 2018.
329 funds tracked by Wall St. Rank held Bread Financial as of Q1 2020.

Based on Arlington Value Capital's 13F filing for Q1 2020, filed 15 May 2020.