Bath & Body Works
BBWI
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.
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: 565 → 520 (-45)
12% less funds holding in top 10
Funds holding in top 10: 25 → 22 (-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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Melvin Capital Management
New York
|
+$320M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$191M |
| 3 |
SAM
Scopus Asset Management
New York
|
+$121M |
| 4 |
GCM
Gates Capital Management
New York
|
+$96.1M |
| 5 |
PBCM
Point Break Capital Management
Miami,
Florida
|
+$87.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$521M |
| 2 |
Two Sigma Advisers
New York
|
-$171M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$148M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$130M |
| 5 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
-$127M |
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.