Bath & Body Works
BBWI
470 hedge funds and large institutions have $6.89B invested in Bath & Body Works in 2024 Q3 according to their latest regulatory filings, with 63 funds opening new positions, 171 increasing their positions, 182 reducing their positions, and 110 closing their positions.
2.12% more ownership
Funds ownership: 96.36% → 98.48% (+2.1%)
6% less repeat investments, than reductions
Existing positions increased: 171 | Existing positions reduced: 182
10% less funds holding
Funds holding: 520 → 470 (-50)
18% less capital invested
Capital invested by funds: $8.4B → $6.89B (-$1.51B)
37% less call options, than puts
Call options by funds: $127M | Put options by funds: $201M
40% less funds holding in top 10
Funds holding in top 10: 10 → 6 (-4)
43% less first-time investments, than exits
New positions opened: 63 | Existing positions closed: 110
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$443M |
| 2 |
CCPM
Cooper Creek Partners Management
New York
|
+$122M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$83M |
| 4 |
Squarepoint
New York
|
+$67M |
| 5 |
KBC Group
Brussels,
Belgium
|
+$55.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$442M |
| 2 |
SCM
Steadfast Capital Management
New York
|
-$163M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$114M |
| 4 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$92.5M |
| 5 |
AM
Atreides Management
Boston,
Massachusetts
|
-$79.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WPA
576
West Paces Advisors
Atlanta,
Georgia
| – | -$351 | -9 | Closed |
|
|
MFA
577
McClarren Financial Advisors
State College,
Pennsylvania
| – | -$265 | -8 | -21% |
|
|
GI
578
Gradient Investments
Arden Hills,
Minnesota
| – | -$195 | -5 | Closed |
|
|
NL
579
NVWM LLC
Yardley,
Pennsylvania
| – | -$195 | -5 | Closed |
|
580
National Pension Service
Jeonju-Si, Jeollabuk-Do,
South Korea
| – | -$78 | -2 | Closed |
|
BBWI Hedge Fund Activity: Q3 2024 in Review
470 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Bath & Body Works (BBWI) for Q3 2024, worth a combined $6.89B — down 18% from $8.4B a quarter earlier.
Sellers outnumbered buyers: 110 funds closed out of BBWI and 63 opened new positions — a net loss of 47 holders — while 182 trimmed existing stakes and 171 added.
The largest buyer was BlackRock, adding an estimated $443M. The largest seller was Lone Pine Capital, exiting entirely with an estimated $442M sold.
- 470 institutional investors held Bath & Body Works (BBWI) as of Q3 2024, down from 520 in Q2 2024.
- Funds reported $6.89B of Bath & Body Works stock for Q3 2024, down 18% quarter-over-quarter.
- 63 funds opened new Bath & Body Works positions in Q3 2024 and 110 closed out, a net change of -47 holders.
- The largest Bath & Body Works buyer in Q3 2024 was BlackRock, an estimated $443M added.
- The largest Bath & Body Works seller in Q3 2024 was Lone Pine Capital, an estimated $442M sold.
Based on aggregated 13F filings for Q3 2024.