Bath & Body Works
BBWI
491 hedge funds and large institutions have $7.94B invested in Bath & Body Works in 2023 Q1 according to their latest regulatory filings, with 61 funds opening new positions, 204 increasing their positions, 155 reducing their positions, and 70 closing their positions.
43% more call options, than puts
Call options by funds: $89.2M | Put options by funds: $62.2M
32% more repeat investments, than reductions
Existing positions increased: 204 | Existing positions reduced: 155
1.25% less ownership
Funds ownership: 96.09% → 94.84% (-1.3%)
4% less funds holding
Funds holding: 512 → 491 (-21)
13% less first-time investments, than exits
New positions opened: 61 | Existing positions closed: 70
14% less capital invested
Capital invested by funds: $9.21B → $7.94B (-$1.27B)
20% less funds holding in top 10
Funds holding in top 10: 15 → 12 (-3)
Top Buyers
Top Sellers
| 1 |
Coatue Management
New York
|
-$135M |
| 2 |
PCM
Parsifal Capital Management
Greenwich,
Connecticut
|
-$81.4M |
| 3 |
PC
Pelham Capital
London,
United Kingdom
|
-$78.3M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$64.5M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$48.8M |
BBWI Hedge Fund Activity: Q1 2023 in Review
491 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Bath & Body Works (BBWI) for Q1 2023, worth a combined $7.94B — down 14% from $9.21B a quarter earlier.
Sellers outnumbered buyers: 70 funds closed out of BBWI and 61 opened new positions — a net loss of 9 holders — while 155 trimmed existing stakes and 204 added.
The largest buyer was Davidson Kempner Capital Management, adding an estimated $96.1M. The largest seller was Coatue Management, exiting entirely with an estimated $135M sold.
- 491 institutional investors held Bath & Body Works (BBWI) as of Q1 2023, down from 512 in Q4 2022.
- Funds reported $7.94B of Bath & Body Works stock for Q1 2023, down 14% quarter-over-quarter.
- 61 funds opened new Bath & Body Works positions in Q1 2023 and 70 closed out, a net change of -9 holders.
- The largest Bath & Body Works buyer in Q1 2023 was Davidson Kempner Capital Management, an estimated $96.1M added.
- The largest Bath & Body Works seller in Q1 2023 was Coatue Management, an estimated $135M sold.
Based on aggregated 13F filings for Q1 2023.