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Bath & Body Works

376 hedge funds and large institutions have $12.8B invested in Bath & Body Works in 2013 Q3 according to their latest regulatory filings, with 56 funds opening new positions, 128 increasing their positions, 138 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

47% more first-time investments, than exits

New positions opened: 56 | Existing positions closed: 38

28% more capital invested

Capital invested by funds: $10.1B → $12.8B (+$2.77B)

20% more funds holding in top 10

Funds holding in top 10: 56 (+1)

4% more funds holding

Funds holding: 362376 (+14)

7% less repeat investments, than reductions

Existing positions increased: 128 | Existing positions reduced: 138

11% less call options, than puts

Call options by funds: $123M | Put options by funds: $139M

Holders
376
Holders Change
+14
Holders Change %
+3.87%
% of All Funds
12.19%
Holding in Top 10
6
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+20%
% of All Funds
0.19%
New
56
Increased
128
Reduced
138
Closed
38
Calls
$123M
Puts
$139M
Net Calls
-$15.9M
Net Calls Change
-$27.9M
Name Holding Trade Value Shares
Change
Change in
Stake
BG
26
BlackRock Group
United Kingdom
$110M +$11.2M +244,326 +12%
Geode Capital Management
27
Geode Capital Management
Massachusetts
$104M +$4.87M +106,368 +5%
DGI
28
Disciplined Growth Investors
Minnesota
$104M +$816K +17,815 +0.9%
HK
29
Horizon Kinetics
New York
$100M -$1.26M -27,563 -1%
APG Asset Management
30
APG Asset Management
Netherlands
$96.7M -$2.86M -62,396 -3%
Bessemer Group
31
Bessemer Group
New Jersey
$92.7M +$85.9M +1,874,943 +1,024,559%
Neuberger Berman Group
32
Neuberger Berman Group
New York
$87.8M -$18.4M -401,555 -18%
Ameriprise
33
Ameriprise
Minnesota
$72.2M -$33.2M -724,347 -33%
PNC Financial Services Group
34
PNC Financial Services Group
Pennsylvania
$70.2M -$2.39M -52,221 -4%
FAM
35
Fred Alger Management
New York
$68M +$18.3M +399,784 +41%
PAMU
36
Pictet Asset Management (UK)
United Kingdom
$64.8M -$4.22M -92,131 -7%
Legal & General Group
37
Legal & General Group
United Kingdom
$62.2M -$1.64M -35,788 -3%
VCM
38
Valiant Capital Management
California
$56.1M -$8.75M -191,075 -14%
CCM
39
Conatus Capital Management
Connecticut
$53.8M +$49.9M +1,089,582 New
TCIM
40
TIAA CREF Investment Management
New York
$50.8M +$849K +18,552 +2%
AAM
41
Advisors Asset Management
Colorado
$47.1M +$1.05M +22,914 +2%
UBS AM
42
UBS AM
Illinois
$45.6M -$569K -12,431 -1%
MAA
43
Managed Account Advisors
New Jersey
$43.7M -$2.4M -52,366 -6%
New York State Common Retirement Fund
44
New York State Common Retirement Fund
New York
$42.3M -$1.65M -35,997 -4%
Sumitomo Mitsui Trust Group
45
Sumitomo Mitsui Trust Group
Japan
$41.6M -$81.6K -1,783 -0.2%
GIA
46
Gateway Investment Advisers
Ohio
$41M +$109K +2,383 +0.3%
FIM
47
Foresters Investment Management
New York
$39.9M -$79.3K -1,731 -0.2%
CS
48
Credit Suisse
Switzerland
$38.5M -$4.46M -97,300 -11%
American Century Companies
49
American Century Companies
Missouri
$37.9M -$6.45M -140,957 -16%
California Public Employees Retirement System
50
California Public Employees Retirement System
California
$36.5M +$381K +8,318 +1%

BBWI Hedge Fund Activity: Q3 2013 in Review

376 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Bath & Body Works (BBWI) for Q3 2013, worth a combined $12.8B — up 28% from $10.1B a quarter earlier.

Buyers outnumbered sellers: 56 funds opened new BBWI positions and 38 closed out — a net gain of 18 holders — while 128 added to existing stakes and 138 trimmed.

The largest buyer was T. Rowe Price Associates, adding an estimated $194M. The largest seller was Artisan Partners, cutting an estimated $102M.

  • 376 institutional investors held Bath & Body Works (BBWI) as of Q3 2013, up from 362 in Q2 2013.
  • Funds reported $12.8B of Bath & Body Works stock for Q3 2013, up 28% quarter-over-quarter.
  • 56 funds opened new Bath & Body Works positions in Q3 2013 and 38 closed out, a net change of +18 holders.
  • The largest Bath & Body Works buyer in Q3 2013 was T. Rowe Price Associates, an estimated $194M added.
  • The largest Bath & Body Works seller in Q3 2013 was Artisan Partners, an estimated $102M sold.

Based on aggregated 13F filings for Q3 2013.