Bed Bath & Beyond
BBBY
189 hedge funds and large institutions have $632M invested in Bed Bath & Beyond in 2023 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 75 increasing their positions, 66 reducing their positions, and 39 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 66
6% more capital invested
Capital invested by funds: $598M → $632M (+$34.8M)
1.83% more ownership
Funds ownership: 74.3% → 76.13% (+1.8%)
11% less funds holding
Funds holding: 213 → 189 (-24)
32% less call options, than puts
Call options by funds: $31.2M | Put options by funds: $45.9M
54% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 39
Top Buyers
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$33.1M |
| 2 |
Two Sigma Investments
New York
|
+$11.9M |
| 3 |
Renaissance Technologies
New York
|
+$9.55M |
| 4 |
Voloridge Investment Management
Jupiter,
Florida
|
+$8.56M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
+$7.74M |
Top Sellers
| 1 |
Invesco
Atlanta,
Georgia
|
-$36.7M |
| 2 |
SCM
Simcoe Capital Management
New York
|
-$24.6M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
-$8.23M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$6.05M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$4.03M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EBA
226
Eagle Bay Advisors
New York
| – | -$97 | -6 | Closed |
|
227
Lazard Asset Management
New York
| – | +$56 | +3 | +50% |
|
BBBY Hedge Fund Activity: Q1 2023 in Review
189 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Bed Bath & Beyond (BBBY) for Q1 2023, worth a combined $632M — up 5.8% from $598M a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of BBBY and 18 opened new positions — a net loss of 21 holders — while 66 trimmed existing stakes and 75 added.
The largest buyer was Balyasny Asset Management, adding an estimated $33.1M. The largest seller was Invesco, cutting an estimated $36.7M.
- 189 institutional investors held Bed Bath & Beyond (BBBY) as of Q1 2023, down from 213 in Q4 2022.
- Funds reported $632M of Bed Bath & Beyond stock for Q1 2023, up 5.8% quarter-over-quarter.
- 18 funds opened new Bed Bath & Beyond positions in Q1 2023 and 39 closed out, a net change of -21 holders.
- The largest Bed Bath & Beyond buyer in Q1 2023 was Balyasny Asset Management, an estimated $33.1M added.
- The largest Bed Bath & Beyond seller in Q1 2023 was Invesco, an estimated $36.7M sold.
Based on aggregated 13F filings for Q1 2023.