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Bath & Body Works

460 hedge funds and large institutions have $12.3B invested in Bath & Body Works in 2017 Q2 according to their latest regulatory filings, with 60 funds opening new positions, 187 increasing their positions, 153 reducing their positions, and 86 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

22% more repeat investments, than reductions

Existing positions increased: 187 | Existing positions reduced: 153

20% more capital invested

Capital invested by funds: $10.2B → $12.3B (+$2.03B)

3.82% more ownership

Funds ownership: 94.38%98.2% (+3.8%)

6% less funds holding

Funds holding: 491460 (-31)

30% less call options, than puts

Call options by funds: $278M | Put options by funds: $395M

30% less first-time investments, than exits

New positions opened: 60 | Existing positions closed: 86

Holders
460
Holders Change
-31
Holders Change %
-6.31%
% of All Funds
11.47%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.07%
New
60
Increased
187
Reduced
153
Closed
86
Calls
$278M
Puts
$395M
Net Calls
-$117M
Net Calls Change
-$10M
Name Holding Trade Value Shares
Change
Change in
Stake
TCIM
51
TIAA CREF Investment Management
New York
$32M -$38.7M -944,669 -56%
FIM
52
Foresters Investment Management
New York
$31.9M -$284K -6,927 -0.9%
GC
53
Guggenheim Capital
Illinois
$31.3M -$3.9M -95,100 -12%
LHC
54
Lodge Hill Capital
New York
$30.2M +$28.4M +692,720 New
Invesco
55
Invesco
Georgia
$30.1M -$231K -5,630 -0.8%
Canada Pension Plan Investment Board
56
Canada Pension Plan Investment Board
Ontario, Canada
$30M +$1.59M +38,805 +6%
California Public Employees Retirement System
57
California Public Employees Retirement System
California
$29.5M +$335K +8,165 +1%
Citigroup
58
Citigroup
New York
$29.3M -$305K -7,451 -1%
Bank of Nova Scotia
59
Bank of Nova Scotia
Ontario, Canada
$28.6M +$6.86M +167,384 +34%
DLA
60
Douglas Lane & Associates
New York
$28.2M +$10M +244,522 +61%
DekaBank Deutsche Girozentrale
61
DekaBank Deutsche Girozentrale
Germany
$27.6M +$8.62M +210,305 +50%
Mitsubishi UFJ Trust & Banking
62
Mitsubishi UFJ Trust & Banking
Japan
$27.2M +$335K +8,170 +1%
MCM
63
Moore Capital Management
New York
$26.9M +$25.3M +618,500 New
Dimensional Fund Advisors
64
Dimensional Fund Advisors
Texas
$25.8M +$140K +3,414 +0.6%
California State Teachers Retirement System (CalSTRS)
65
California State Teachers Retirement System (CalSTRS)
California
$24.8M -$1.73M -42,133 -7%
T
66
TOBAM
France
$24.8M +$17.8M +434,404 +325%
VLKIM
67
Van Lanschot Kempen Investment Management
Netherlands
$24.1M +$22.7M +552,692 New
First Trust Advisors
68
First Trust Advisors
Illinois
$23.7M +$9.47M +230,981 +74%
Nordea Investment Management
69
Nordea Investment Management
Sweden
$23.3M -$912K -22,247 -4%
PAM
70
Panagora Asset Management
Massachusetts
$23M -$1.81M -44,151 -8%
RhumbLine Advisers
71
RhumbLine Advisers
Massachusetts
$22.7M -$41.5K -1,012 -0.2%
AllianceBernstein
72
AllianceBernstein
Tennessee
$22.6M +$12.2K +297 +0.1%
Millennium Management
73
Millennium Management
New York
$22.4M -$86.2M -2,103,503 -80%
Lord, Abbett & Co
74
Lord, Abbett & Co
New Jersey
$21.6M +$3.04M +74,289 +18%
PP
75
Prudential plc
United Kingdom
$20.7M +$979K +23,895 +5%

BBWI Hedge Fund Activity: Q2 2017 in Review

460 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Bath & Body Works (BBWI) for Q2 2017, worth a combined $12.3B — up 20% from $10.2B a quarter earlier.

Sellers outnumbered buyers: 86 funds closed out of BBWI and 60 opened new positions — a net loss of 26 holders — while 153 trimmed existing stakes and 187 added.

The largest buyer was T. Rowe Price Associates, adding an estimated $503M. The largest seller was JP Morgan Chase, cutting an estimated $104M.

  • 460 institutional investors held Bath & Body Works (BBWI) as of Q2 2017, down from 491 in Q1 2017.
  • Funds reported $12.3B of Bath & Body Works stock for Q2 2017, up 20% quarter-over-quarter.
  • 60 funds opened new Bath & Body Works positions in Q2 2017 and 86 closed out, a net change of -26 holders.
  • The largest Bath & Body Works buyer in Q2 2017 was T. Rowe Price Associates, an estimated $503M added.
  • The largest Bath & Body Works seller in Q2 2017 was JP Morgan Chase, an estimated $104M sold.

Based on aggregated 13F filings for Q2 2017.