Bath & Body Works
BBWI
437 hedge funds and large institutions have $8.05B invested in Bath & Body Works in 2020 Q4 according to their latest regulatory filings, with 112 funds opening new positions, 129 increasing their positions, 144 reducing their positions, and 32 closing their positions.
250% more first-time investments, than exits
New positions opened: 112 | Existing positions closed: 32
135% more call options, than puts
Call options by funds: $775M | Put options by funds: $331M
43% more funds holding in top 10
Funds holding in top 10: 7 → 10 (+3)
21% more funds holding
Funds holding: 361 → 437 (+76)
18% more capital invested
Capital invested by funds: $6.81B → $8.05B (+$1.24B)
0.4% more ownership
Funds ownership: 95.77% → 96.17% (+0.4%)
10% less repeat investments, than reductions
Existing positions increased: 129 | Existing positions reduced: 144
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Palestra Capital Management
New York
|
+$92.1M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
+$57.4M |
| 3 |
SCM
Steadfast Capital Management
New York
|
+$50.9M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$49M |
| 5 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
+$45.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Melvin Capital Management
New York
|
-$162M |
| 2 |
D.E. Shaw & Co
New York
|
-$61M |
| 3 |
Holocene Advisors
New York
|
-$50.9M |
| 4 |
Voloridge Investment Management
Jupiter,
Florida
|
-$48.4M |
| 5 |
Bank of New York Mellon
New York
|
-$35.4M |
BBWI Hedge Fund Activity: Q4 2020 in Review
437 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Bath & Body Works (BBWI) for Q4 2020, worth a combined $8.05B — up 18% from $6.81B a quarter earlier.
Buyers outnumbered sellers: 112 funds opened new BBWI positions and 32 closed out — a net gain of 80 holders — while 129 added to existing stakes and 144 trimmed.
The largest buyer was Palestra Capital Management, adding an estimated $92.1M. The largest seller was Melvin Capital Management, cutting an estimated $162M.
- 437 institutional investors held Bath & Body Works (BBWI) as of Q4 2020, up from 361 in Q3 2020.
- Funds reported $8.05B of Bath & Body Works stock for Q4 2020, up 18% quarter-over-quarter.
- 112 funds opened new Bath & Body Works positions in Q4 2020 and 32 closed out, a net change of +80 holders.
- The largest Bath & Body Works buyer in Q4 2020 was Palestra Capital Management, an estimated $92.1M added.
- The largest Bath & Body Works seller in Q4 2020 was Melvin Capital Management, an estimated $162M sold.
Based on aggregated 13F filings for Q4 2020.