Bath & Body Works
BBWI
520 hedge funds and large institutions have $8.4B invested in Bath & Body Works in 2024 Q2 according to their latest regulatory filings, with 82 funds opening new positions, 199 increasing their positions, 170 reducing their positions, and 64 closing their positions.
28% more first-time investments, than exits
New positions opened: 82 | Existing positions closed: 64
22% more call options, than puts
Call options by funds: $159M | Put options by funds: $130M
17% more repeat investments, than reductions
Existing positions increased: 199 | Existing positions reduced: 170
2% more funds holding
Funds holding: 510 → 520 (+10)
0.29% less ownership
Funds ownership: 96.65% → 96.36% (-0.29%)
9% less funds holding in top 10
Funds holding in top 10: 11 → 10 (-1)
23% less capital invested
Capital invested by funds: $10.9B → $8.4B (-$2.47B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Anomaly Capital Management
New York
|
+$134M |
| 2 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$71M |
| 3 |
SAM
Scopus Asset Management
New York
|
+$66.1M |
| 4 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$53.6M |
| 5 |
IP
Interval Partners
New York
|
+$41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCP
Darsana Capital Partners
New York
|
-$150M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$125M |
| 3 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$106M |
| 4 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$91.1M |
| 5 |
D.E. Shaw & Co
New York
|
-$68.9M |
BBWI Hedge Fund Activity: Q2 2024 in Review
520 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Bath & Body Works (BBWI) for Q2 2024, worth a combined $8.4B — down 23% from $10.9B a quarter earlier.
Buyers outnumbered sellers: 82 funds opened new BBWI positions and 64 closed out — a net gain of 18 holders — while 199 added to existing stakes and 170 trimmed.
The largest buyer was Anomaly Capital Management, opening a new position worth an estimated $134M. The largest seller was Darsana Capital Partners, exiting entirely with an estimated $150M sold.
- 520 institutional investors held Bath & Body Works (BBWI) as of Q2 2024, up from 510 in Q1 2024.
- Funds reported $8.4B of Bath & Body Works stock for Q2 2024, down 23% quarter-over-quarter.
- 82 funds opened new Bath & Body Works positions in Q2 2024 and 64 closed out, a net change of +18 holders.
- The largest Bath & Body Works buyer in Q2 2024 was Anomaly Capital Management, an estimated $134M added.
- The largest Bath & Body Works seller in Q2 2024 was Darsana Capital Partners, an estimated $150M sold.
Based on aggregated 13F filings for Q2 2024.