Bath & Body Works
BBWI
467 hedge funds and large institutions have $7.44B invested in Bath & Body Works in 2023 Q3 according to their latest regulatory filings, with 51 funds opening new positions, 164 increasing their positions, 181 reducing their positions, and 60 closing their positions.
10% more funds holding in top 10
Funds holding in top 10: 10 → 11 (+1)
2.13% more ownership
Funds ownership: 94.76% → 96.89% (+2.1%)
9% less repeat investments, than reductions
Existing positions increased: 164 | Existing positions reduced: 181
3% less funds holding
Funds holding: 481 → 467 (-14)
8% less capital invested
Capital invested by funds: $8.13B → $7.44B (-$686M)
15% less first-time investments, than exits
New positions opened: 51 | Existing positions closed: 60
43% less call options, than puts
Call options by funds: $73.8M | Put options by funds: $129M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCP
Darsana Capital Partners
New York
|
+$81.7M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$74.6M |
| 3 |
GC
GMT Capital
Atlanta,
Georgia
|
+$56.8M |
| 4 |
JCM
Junto Capital Management
New York
|
+$51.1M |
| 5 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$49.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$278M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$63.5M |
| 3 |
Renaissance Technologies
New York
|
-$49.9M |
| 4 |
AM
Atreides Management
Boston,
Massachusetts
|
-$43.5M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$43.4M |
BBWI Hedge Fund Activity: Q3 2023 in Review
467 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Bath & Body Works (BBWI) for Q3 2023, worth a combined $7.44B — down 8.4% from $8.13B a quarter earlier.
Sellers outnumbered buyers: 60 funds closed out of BBWI and 51 opened new positions — a net loss of 9 holders — while 181 trimmed existing stakes and 164 added.
The largest buyer was Darsana Capital Partners, opening a new position worth an estimated $81.7M. The largest seller was Lone Pine Capital, cutting an estimated $278M.
- 467 institutional investors held Bath & Body Works (BBWI) as of Q3 2023, down from 481 in Q2 2023.
- Funds reported $7.44B of Bath & Body Works stock for Q3 2023, down 8.4% quarter-over-quarter.
- 51 funds opened new Bath & Body Works positions in Q3 2023 and 60 closed out, a net change of -9 holders.
- The largest Bath & Body Works buyer in Q3 2023 was Darsana Capital Partners, an estimated $81.7M added.
- The largest Bath & Body Works seller in Q3 2023 was Lone Pine Capital, an estimated $278M sold.
Based on aggregated 13F filings for Q3 2023.