Bed Bath & Beyond
BBBY
212 hedge funds and large institutions have $1.05B invested in Bed Bath & Beyond in 2023 Q2 according to their latest regulatory filings, with 51 funds opening new positions, 68 increasing their positions, 66 reducing their positions, and 27 closing their positions.
400% more funds holding in top 10
Funds holding in top 10: 1 → 5 (+4)
89% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 27
66% more capital invested
Capital invested by funds: $632M → $1.05B (+$419M)
59% more call options, than puts
Call options by funds: $188M | Put options by funds: $118M
12% more funds holding
Funds holding: 189 → 212 (+23)
2.49% more ownership
Funds ownership: 76.13% → 78.62% (+2.5%)
3% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 66
Top Buyers
| 1 |
Millennium Management
New York
|
+$17.8M |
| 2 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
+$11.2M |
| 3 |
SAM
Scopus Asset Management
New York
|
+$9.08M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$9.01M |
| 5 |
SAM
Soviero Asset Management
New York
|
+$8.84M |
Top Sellers
| 1 |
BlackRock
New York
|
-$22.6M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$19.7M |
| 3 |
Voloridge Investment Management
Jupiter,
Florida
|
-$11.5M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
-$8.66M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$7.35M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
226
Verition Fund Management
Greenwich,
Connecticut
| – | -$304K | -16,500 | Closed |
|
|
CP
227
CenterBook Partners
Greenwich,
Connecticut
| – | -$270K | -14,644 | Closed |
|
|
BCM
228
Bayesian Capital Management
Brooklyn,
New York
| – | -$207K | -11,251 | Closed |
|
229
Allspring Global Investments
Charlotte,
North Carolina
| – | -$82.6K | -4,481 | Closed |
|
|
ASN
230
Advisory Services Network
Atlanta,
Georgia
| – | -$22.3K | -1,209 | Closed |
|
|
BHWM
231
Beaird Harris Wealth Management
Dallas,
Texas
| – | -$3.57K | -194 | Closed |
|
|
BAM
232
Bellevue Asset Management
Bellevue,
Washington
| – | -$1.54K | -84 | Closed |
|
|
BAAM
233
Baker Avenue Asset Management
San Francisco,
California
| – | -$770 | -42 | Closed |
|
|
EI
234
Ellevest Inc
New York
| – | -$588 | -32 | Closed |
|
|
FCAS
235
First Command Advisory Services
Fort Worth,
Texas
| – | -$527 | -29 | Closed |
|
|
MCM
236
Manchester Capital Management
Manchester,
Vermont
| – | -$163 | -9 | Closed |
|
BBBY Hedge Fund Activity: Q2 2023 in Review
212 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Bed Bath & Beyond (BBBY) for Q2 2023, worth a combined $1.05B — up 66% from $632M a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new BBBY positions and 27 closed out — a net gain of 24 holders — while 68 added to existing stakes and 66 trimmed.
The largest buyer was Millennium Management, adding an estimated $17.8M. The largest seller was BlackRock, cutting an estimated $22.6M.
- 212 institutional investors held Bed Bath & Beyond (BBBY) as of Q2 2023, up from 189 in Q1 2023.
- Funds reported $1.05B of Bed Bath & Beyond stock for Q2 2023, up 66% quarter-over-quarter.
- 51 funds opened new Bed Bath & Beyond positions in Q2 2023 and 27 closed out, a net change of +24 holders.
- The largest Bed Bath & Beyond buyer in Q2 2023 was Millennium Management, an estimated $17.8M added.
- The largest Bed Bath & Beyond seller in Q2 2023 was BlackRock, an estimated $22.6M sold.
Based on aggregated 13F filings for Q2 2023.