Bath & Body Works
BBWI
481 hedge funds and large institutions have $8.13B invested in Bath & Body Works in 2023 Q2 according to their latest regulatory filings, with 50 funds opening new positions, 173 increasing their positions, 183 reducing their positions, and 56 closing their positions.
12% more call options, than puts
Call options by funds: $132M | Put options by funds: $118M
2% more capital invested
Capital invested by funds: $7.94B → $8.13B (+$190M)
0.08% less ownership
Funds ownership: 94.84% → 94.76% (-0.08%)
5% less repeat investments, than reductions
Existing positions increased: 173 | Existing positions reduced: 183
2% less funds holding
Funds holding: 491 → 481 (-10)
11% less first-time investments, than exits
New positions opened: 50 | Existing positions closed: 56
17% less funds holding in top 10
Funds holding in top 10: 12 → 10 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$172M |
| 2 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$97.2M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$95.5M |
| 4 |
AM
Atreides Management
Boston,
Massachusetts
|
+$86.1M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$117M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$106M |
| 3 |
ATO
Alecta Tjanstepension Omsesidigt
Stockholm,
Sweden
|
-$91.4M |
| 4 |
DKCM
Davidson Kempner Capital Management
New York
|
-$66.5M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$42.1M |
BBWI Hedge Fund Activity: Q2 2023 in Review
481 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Bath & Body Works (BBWI) for Q2 2023, worth a combined $8.13B — up 2.4% from $7.94B a quarter earlier.
Sellers outnumbered buyers: 56 funds closed out of BBWI and 50 opened new positions — a net loss of 6 holders — while 183 trimmed existing stakes and 173 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $172M. The largest seller was Lone Pine Capital, cutting an estimated $117M.
- 481 institutional investors held Bath & Body Works (BBWI) as of Q2 2023, down from 491 in Q1 2023.
- Funds reported $8.13B of Bath & Body Works stock for Q2 2023, up 2.4% quarter-over-quarter.
- 50 funds opened new Bath & Body Works positions in Q2 2023 and 56 closed out, a net change of -6 holders.
- The largest Bath & Body Works buyer in Q2 2023 was T. Rowe Price Associates, an estimated $172M added.
- The largest Bath & Body Works seller in Q2 2023 was Lone Pine Capital, an estimated $117M sold.
Based on aggregated 13F filings for Q2 2023.