Bath & Body Works
BBWI
440 hedge funds and large institutions have $3.98B invested in Bath & Body Works in 2025 Q4 according to their latest regulatory filings, with 88 funds opening new positions, 138 increasing their positions, 178 reducing their positions, and 110 closing their positions.
7% less funds holding
Funds holding: 473 → 440 (-33)
9.16% less ownership
Funds ownership: 105.86% → 96.7% (-9.2%)
20% less first-time investments, than exits
New positions opened: 88 | Existing positions closed: 110
22% less repeat investments, than reductions
Existing positions increased: 138 | Existing positions reduced: 178
29% less capital invested
Capital invested by funds: $5.62B → $3.98B (-$1.65B)
31% less call options, than puts
Call options by funds: $89.3M | Put options by funds: $129M
63% less funds holding in top 10
Funds holding in top 10: 8 → 3 (-5)
Top Buyers
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$144M |
| 2 |
D.E. Shaw & Co
New York
|
+$107M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$74.1M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$60.2M |
| 5 |
Jane Street
New York
|
+$56.8M |
Top Sellers
BBWI Hedge Fund Activity: Q4 2025 in Review
440 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Bath & Body Works (BBWI) for Q4 2025, worth a combined $3.98B — down 29% from $5.62B a quarter earlier.
Sellers outnumbered buyers: 110 funds closed out of BBWI and 88 opened new positions — a net loss of 22 holders — while 178 trimmed existing stakes and 138 added.
The largest buyer was AQR Capital Management, adding an estimated $144M. The largest seller was Victory Capital Management, cutting an estimated $166M.
- 440 institutional investors held Bath & Body Works (BBWI) as of Q4 2025, down from 473 in Q3 2025.
- Funds reported $3.98B of Bath & Body Works stock for Q4 2025, down 29% quarter-over-quarter.
- 88 funds opened new Bath & Body Works positions in Q4 2025 and 110 closed out, a net change of -22 holders.
- The largest Bath & Body Works buyer in Q4 2025 was AQR Capital Management, an estimated $144M added.
- The largest Bath & Body Works seller in Q4 2025 was Victory Capital Management, an estimated $166M sold.
Based on aggregated 13F filings for Q4 2025.