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Bath & Body Works

520 hedge funds and large institutions have $15.2B invested in Bath & Body Works in 2021 Q3 according to their latest regulatory filings, with 85 funds opening new positions, 83 increasing their positions, 351 reducing their positions, and 125 closing their positions.

New
Increased
Maintained
Reduced
Closed

84% more call options, than puts

Call options by funds: $426M | Put options by funds: $231M

2% less capital invested

Capital invested by funds: $15.5B → $15.2B (-$326M)

5.13% less ownership

Funds ownership: 96.42%91.29% (-5.1%)

8% less funds holding

Funds holding: 565520 (-45)

12% less funds holding in top 10

Funds holding in top 10: 2522 (-3)

32% less first-time investments, than exits

New positions opened: 85 | Existing positions closed: 125

76% less repeat investments, than reductions

Existing positions increased: 83 | Existing positions reduced: 351

Holders
520
Holders Change
-45
Holders Change %
-7.96%
% of All Funds
9.1%
Holding in Top 10
22
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-12%
% of All Funds
0.39%
New
85
Increased
83
Reduced
351
Closed
125
Calls
$426M
Puts
$231M
Net Calls
+$195M
Net Calls Change
-$159M
Name Holding Trade Value Shares
Change
Change in
Stake
RhumbLine Advisers
76
RhumbLine Advisers
Massachusetts
$26.3M -$3.17M -49,820 -11%
BCG
77
Barington Capital Group
New York
$25.2M -$13.9M -218,548 -35%
MC
78
Maplelane Capital
New York
$24.3M +$24.5M +385,000 New
Royal Bank of Canada
79
Royal Bank of Canada
Ontario, Canada
$22.9M -$19.1M -300,473 -45%
PAM
80
Panagora Asset Management
Massachusetts
$22.4M +$20.1M +315,971 +799%
Millennium Management
81
Millennium Management
New York
$22.2M -$14M -220,524 -39%
MSE
82
MUFG Securities EMEA
United Kingdom
$22.2M +$22.4M +351,600 New
Principal Financial Group
83
Principal Financial Group
Iowa
$21.5M -$5.16M -81,231 -19%
Balyasny Asset Management
84
Balyasny Asset Management
Illinois
$21.1M -$6.67M -105,003 -24%
AllianceBernstein
85
AllianceBernstein
Tennessee
$20.3M -$3.85M -60,566 -16%
OSAM
86
O'Shaughnessy Asset Management
Connecticut
$19.9M -$3.46M -54,460 -15%
Group One Trading
87
Group One Trading
Illinois
$19.8M -$3.6M -56,633 -15%
Citadel Advisors
88
Citadel Advisors
Florida
$19.8M -$2.82M -44,320 -12%
IM
89
Islet Management
New York
$18.9M +$19.1M +300,000 New
New York State Teachers Retirement System (NYSTRS)
90
New York State Teachers Retirement System (NYSTRS)
New York
$18.8M -$3.99M -62,706 -17%
LP
91
LMR Partners
United Kingdom
$18.4M +$18.6M +292,345 New
New York State Common Retirement Fund
92
New York State Common Retirement Fund
New York
$18.3M -$3.62M -56,986 -16%
Adage Capital Partners
93
Adage Capital Partners
Massachusetts
$17.9M -$1.02M -15,991 -5%
Susquehanna International Group
94
Susquehanna International Group
Pennsylvania
$17.9M -$4.29M -67,488 -19%
State of Tennessee, Department of Treasury
95
State of Tennessee, Department of Treasury
Tennessee
$17.6M +$6.94M +109,168 +64%
Manulife (Manufacturers Life Insurance)
96
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$17.6M -$1.02M -15,990 -5%
DnB Asset Management
97
DnB Asset Management
Norway
$17.5M -$5.18M -81,455 -23%
State Board of Administration of Florida Retirement System
98
State Board of Administration of Florida Retirement System
Florida
$17.4M -$3.99M -62,823 -19%
Franklin Resources
99
Franklin Resources
California
$17.1M +$1.63M +25,715 +10%
Marshall Wace
100
Marshall Wace
United Kingdom
$17.1M +$16.9M +265,497 +5,150%

BBWI Hedge Fund Activity: Q3 2021 in Review

520 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Bath & Body Works (BBWI) for Q3 2021, worth a combined $15.2B — down 2.1% from $15.5B a quarter earlier.

Sellers outnumbered buyers: 125 funds closed out of BBWI and 85 opened new positions — a net loss of 40 holders — while 351 trimmed existing stakes and 83 added.

The largest buyer was Melvin Capital Management, adding an estimated $320M. The largest seller was Lone Pine Capital, cutting an estimated $521M.

  • 520 institutional investors held Bath & Body Works (BBWI) as of Q3 2021, down from 565 in Q2 2021.
  • Funds reported $15.2B of Bath & Body Works stock for Q3 2021, down 2.1% quarter-over-quarter.
  • 85 funds opened new Bath & Body Works positions in Q3 2021 and 125 closed out, a net change of -40 holders.
  • The largest Bath & Body Works buyer in Q3 2021 was Melvin Capital Management, an estimated $320M added.
  • The largest Bath & Body Works seller in Q3 2021 was Lone Pine Capital, an estimated $521M sold.

Based on aggregated 13F filings for Q3 2021.