Bath & Body Works
BBWI
544 hedge funds and large institutions have $18.9B invested in Bath & Body Works in 2016 Q1 according to their latest regulatory filings, with 94 funds opening new positions, 202 increasing their positions, 183 reducing their positions, and 61 closing their positions.
54% more first-time investments, than exits
New positions opened: 94 | Existing positions closed: 61
10% more repeat investments, than reductions
Existing positions increased: 202 | Existing positions reduced: 183
5% more funds holding
Funds holding: 516 → 544 (+28)
1.61% more ownership
Funds ownership: 93.88% → 95.48% (+1.6%)
17% less call options, than puts
Call options by funds: $146M | Put options by funds: $176M
18% less capital invested
Capital invested by funds: $23B → $18.9B (-$4.05B)
20% less funds holding in top 10
Funds holding in top 10: 10 → 8 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal London Asset Management
United Kingdom
|
+$405M |
| 2 |
Jennison Associates
New York
|
+$342M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$120M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$105M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$95.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$435M |
| 2 |
LPU
Lansdowne Partners (UK)
London,
United Kingdom
|
-$217M |
| 3 |
Primecap Management
Pasadena,
California
|
-$134M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$83.7M |
| 5 |
Winslow Capital Management
Minneapolis,
Minnesota
|
-$82.2M |
BBWI Hedge Fund Activity: Q1 2016 in Review
544 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Bath & Body Works (BBWI) for Q1 2016, worth a combined $18.9B — down 18% from $23B a quarter earlier.
Buyers outnumbered sellers: 94 funds opened new BBWI positions and 61 closed out — a net gain of 33 holders — while 202 added to existing stakes and 183 trimmed.
The largest buyer was Royal London Asset Management, adding an estimated $405M. The largest seller was Waddell & Reed Financial, cutting an estimated $435M.
- 544 institutional investors held Bath & Body Works (BBWI) as of Q1 2016, up from 516 in Q4 2015.
- Funds reported $18.9B of Bath & Body Works stock for Q1 2016, down 18% quarter-over-quarter.
- 94 funds opened new Bath & Body Works positions in Q1 2016 and 61 closed out, a net change of +33 holders.
- The largest Bath & Body Works buyer in Q1 2016 was Royal London Asset Management, an estimated $405M added.
- The largest Bath & Body Works seller in Q1 2016 was Waddell & Reed Financial, an estimated $435M sold.
Based on aggregated 13F filings for Q1 2016.