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Palestra Capital Management’s Bread Financial BFH Stock Holding History

Palestra Capital Management’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
2021
Q4 		– Sell
-4,403,675
Closed -$355M – 30
2021
Q3 		$355M Buy
4,403,675
+183,176
+4% +$14.2M 7.53% 2
2021
Q2 		$351M Buy
4,220,499
+2,060,321
+95% +$186M 7.56% 2
2021
Q1 		$193M Buy
+2,160,178
New +$155M 4.06% 12
2016
Q2 		– Sell
-200,229
Closed -$35.2M – 27
2016
Q1 		$35.2M Buy
+200,229
New +$35M 3.33% 14

Other funds holding BFH

BlackRock
BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return
Vanguard Group
Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return
Franklin Resources
Franklin Resources San Mateo, California $462B AUM 39.16% 1-Year Est. Return
SCA
Southpoint Capital Advisors New York $4.4B AUM 49.36% 1-Year Est. Return
TCAM
Turtle Creek Asset Management Toronto, Ontario, Canada $2.56B AUM 1.05% 1-Year Est. Return
LAM
Lyrical Asset Management New York $7.88B AUM 36.5% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return
Thrivent Financial for Lutherans
Thrivent Financial for Lutherans Minneapolis, Minnesota $59.5B AUM 35.96% 1-Year Est. Return
Dimensional Fund Advisors
Dimensional Fund Advisors Austin, Texas $552B AUM 44.19% 1-Year Est. Return
RCM
Redwood Capital Management New York $927M AUM 153.64% 1-Year Est. Return

Palestra Capital Management's BFH Position: Q4 2021 in Review

Palestra Capital Management sold out of Bread Financial (BFH) in Q4 2021, closing a stake of 4,403,675 shares — an estimated $355M sold.

Palestra Capital Management first reported a position in BFH in Q1 2016 and held it in 4 quarters. The position peaked at $355M in Q3 2021. 346 funds tracked by Wall St. Rank hold BFH as of Q4 2021.

  • Palestra Capital Management reported no remaining Bread Financial position as of Q4 2021 after selling out during the quarter.
  • Palestra Capital Management sold 4,403,675 Bread Financial shares in Q4 2021, an estimated $355M.
  • Palestra Capital Management first reported a position in Bread Financial in Q1 2016 and held it in 4 quarters.
  • Palestra Capital Management's Bread Financial position peaked at $355M in Q3 2021.
  • 346 funds tracked by Wall St. Rank held Bread Financial as of Q4 2021.

Based on Palestra Capital Management's 13F filing for Q4 2021, filed 14 Feb 2022.