Bath & Body Works
BBWI
408 hedge funds and large institutions have $3.52B invested in Bath & Body Works in 2019 Q4 according to their latest regulatory filings, with 81 funds opening new positions, 123 increasing their positions, 153 reducing their positions, and 70 closing their positions.
16% more first-time investments, than exits
New positions opened: 81 | Existing positions closed: 70
2% more funds holding
Funds holding: 399 → 408 (+9)
4% less call options, than puts
Call options by funds: $196M | Put options by funds: $205M
3.23% less ownership
Funds ownership: 90.25% → 87.01% (-3.2%)
10% less funds holding in top 10
Funds holding in top 10: 10 → 9 (-1)
11% less capital invested
Capital invested by funds: $3.95B → $3.52B (-$423M)
20% less repeat investments, than reductions
Existing positions increased: 123 | Existing positions reduced: 153
Top Buyers
| 1 |
EC
Eminence Capital
New York
|
+$104M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$66.6M |
| 3 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
+$41.3M |
| 4 |
AA
ALPS Advisors
Denver,
Colorado
|
+$35.1M |
| 5 |
KHCM
Kettle Hill Capital Management
New York
|
+$31.5M |
Top Sellers
| 1 |
AIG
American International Group
New York
|
-$177M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$52.8M |
| 3 |
BA
Bridgewater Associates
Westport,
Connecticut
|
-$47.5M |
| 4 |
Renaissance Technologies
New York
|
-$37.1M |
| 5 |
BlackRock
New York
|
-$27.3M |
BBWI Hedge Fund Activity: Q4 2019 in Review
408 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Bath & Body Works (BBWI) for Q4 2019, worth a combined $3.52B — down 11% from $3.95B a quarter earlier.
Buyers outnumbered sellers: 81 funds opened new BBWI positions and 70 closed out — a net gain of 11 holders — while 123 added to existing stakes and 153 trimmed.
The largest buyer was Eminence Capital, opening a new position worth an estimated $104M. The largest seller was American International Group, cutting an estimated $177M.
- 408 institutional investors held Bath & Body Works (BBWI) as of Q4 2019, up from 399 in Q3 2019.
- Funds reported $3.52B of Bath & Body Works stock for Q4 2019, down 11% quarter-over-quarter.
- 81 funds opened new Bath & Body Works positions in Q4 2019 and 70 closed out, a net change of +11 holders.
- The largest Bath & Body Works buyer in Q4 2019 was Eminence Capital, an estimated $104M added.
- The largest Bath & Body Works seller in Q4 2019 was American International Group, an estimated $177M sold.
Based on aggregated 13F filings for Q4 2019.