Bath & Body Works
BBWI
361 hedge funds and large institutions have $6.81B invested in Bath & Body Works in 2020 Q3 according to their latest regulatory filings, with 86 funds opening new positions, 95 increasing their positions, 130 reducing their positions, and 68 closing their positions.
152% more call options, than puts
Call options by funds: $579M | Put options by funds: $229M
109% more capital invested
Capital invested by funds: $3.25B → $6.81B (+$3.55B)
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
26% more first-time investments, than exits
New positions opened: 86 | Existing positions closed: 68
5% more funds holding
Funds holding: 345 → 361 (+16)
1.03% less ownership
Funds ownership: 96.79% → 95.77% (-1%)
27% less repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 130
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Coatue Management
New York
|
+$171M |
| 2 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
+$149M |
| 3 |
D.E. Shaw & Co
New York
|
+$114M |
| 4 |
Two Sigma Investments
New York
|
+$79.8M |
| 5 |
Holocene Advisors
New York
|
+$40.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Melvin Capital Management
New York
|
-$89.3M |
| 2 |
Primecap Management
Pasadena,
California
|
-$53.6M |
| 3 |
CCM
Candlestick Capital Management
Greenwich,
Connecticut
|
-$41.4M |
| 4 |
SCM
Steadfast Capital Management
New York
|
-$36.7M |
| 5 |
PCM
Polaris Capital Management
Boston,
Massachusetts
|
-$36.1M |
BBWI Hedge Fund Activity: Q3 2020 in Review
361 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Bath & Body Works (BBWI) for Q3 2020, worth a combined $6.81B — up 109% from $3.25B a quarter earlier.
Buyers outnumbered sellers: 86 funds opened new BBWI positions and 68 closed out — a net gain of 18 holders — while 95 added to existing stakes and 130 trimmed.
The largest buyer was Coatue Management, opening a new position worth an estimated $171M. The largest seller was Melvin Capital Management, cutting an estimated $89.3M.
- 361 institutional investors held Bath & Body Works (BBWI) as of Q3 2020, up from 345 in Q2 2020.
- Funds reported $6.81B of Bath & Body Works stock for Q3 2020, up 109% quarter-over-quarter.
- 86 funds opened new Bath & Body Works positions in Q3 2020 and 68 closed out, a net change of +18 holders.
- The largest Bath & Body Works buyer in Q3 2020 was Coatue Management, an estimated $171M added.
- The largest Bath & Body Works seller in Q3 2020 was Melvin Capital Management, an estimated $89.3M sold.
Based on aggregated 13F filings for Q3 2020.