Bath & Body Works
BBWI
345 hedge funds and large institutions have $3.25B invested in Bath & Body Works in 2020 Q2 according to their latest regulatory filings, with 62 funds opening new positions, 95 increasing their positions, 135 reducing their positions, and 77 closing their positions.
257% more call options, than puts
Call options by funds: $408M | Put options by funds: $114M
29% more capital invested
Capital invested by funds: $2.52B → $3.25B (+$733M)
0.76% less ownership
Funds ownership: 97.55% → 96.79% (-0.76%)
5% less funds holding
Funds holding: 362 → 345 (-17)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
19% less first-time investments, than exits
New positions opened: 62 | Existing positions closed: 77
30% less repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 135
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Melvin Capital Management
New York
|
+$203M |
| 2 |
Renaissance Technologies
New York
|
+$31.9M |
| 3 |
SAM
Scopus Asset Management
New York
|
+$19.6M |
| 4 |
BC
Brahman Capital
New York
|
+$16.7M |
| 5 |
Jane Street
New York
|
+$14.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$69.2M |
| 2 |
PP
Prudential plc
London, England,
United Kingdom
|
-$49M |
| 3 |
SCM
Steadfast Capital Management
New York
|
-$36.9M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$33.6M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$29.8M |
BBWI Hedge Fund Activity: Q2 2020 in Review
345 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Bath & Body Works (BBWI) for Q2 2020, worth a combined $3.25B — up 29% from $2.52B a quarter earlier.
Sellers outnumbered buyers: 77 funds closed out of BBWI and 62 opened new positions — a net loss of 15 holders — while 135 trimmed existing stakes and 95 added.
The largest buyer was Melvin Capital Management, adding an estimated $203M. The largest seller was BlackRock, cutting an estimated $69.2M.
- 345 institutional investors held Bath & Body Works (BBWI) as of Q2 2020, down from 362 in Q1 2020.
- Funds reported $3.25B of Bath & Body Works stock for Q2 2020, up 29% quarter-over-quarter.
- 62 funds opened new Bath & Body Works positions in Q2 2020 and 77 closed out, a net change of -15 holders.
- The largest Bath & Body Works buyer in Q2 2020 was Melvin Capital Management, an estimated $203M added.
- The largest Bath & Body Works seller in Q2 2020 was BlackRock, an estimated $69.2M sold.
Based on aggregated 13F filings for Q2 2020.