Bath & Body Works
BBWI
512 hedge funds and large institutions have $13.7B invested in Bath & Body Works in 2021 Q1 according to their latest regulatory filings, with 125 funds opening new positions, 159 increasing their positions, 166 reducing their positions, and 47 closing their positions.
166% more first-time investments, than exits
New positions opened: 125 | Existing positions closed: 47
150% more funds holding in top 10
Funds holding in top 10: 10 → 25 (+15)
70% more capital invested
Capital invested by funds: $8.05B → $13.7B (+$5.62B)
53% more call options, than puts
Call options by funds: $380M | Put options by funds: $249M
17% more funds holding
Funds holding: 437 → 512 (+75)
1.93% more ownership
Funds ownership: 96.17% → 98.09% (+1.9%)
4% less repeat investments, than reductions
Existing positions increased: 159 | Existing positions reduced: 166
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Pelham Capital
London,
United Kingdom
|
+$154M |
| 2 |
DCP
D1 Capital Partners
New York
|
+$149M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$137M |
| 4 |
Goldman Sachs
New York
|
+$131M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$101M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Melvin Capital Management
New York
|
-$595M |
| 2 |
Primecap Management
Pasadena,
California
|
-$126M |
| 3 |
Coatue Management
New York
|
-$90.6M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$81.1M |
| 5 |
Two Sigma Investments
New York
|
-$60.8M |
BBWI Hedge Fund Activity: Q1 2021 in Review
512 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Bath & Body Works (BBWI) for Q1 2021, worth a combined $13.7B — up 70% from $8.05B a quarter earlier.
Buyers outnumbered sellers: 125 funds opened new BBWI positions and 47 closed out — a net gain of 78 holders — while 159 added to existing stakes and 166 trimmed.
The largest buyer was Pelham Capital, opening a new position worth an estimated $154M. The largest seller was Melvin Capital Management, cutting an estimated $595M.
- 512 institutional investors held Bath & Body Works (BBWI) as of Q1 2021, up from 437 in Q4 2020.
- Funds reported $13.7B of Bath & Body Works stock for Q1 2021, up 70% quarter-over-quarter.
- 125 funds opened new Bath & Body Works positions in Q1 2021 and 47 closed out, a net change of +78 holders.
- The largest Bath & Body Works buyer in Q1 2021 was Pelham Capital, an estimated $154M added.
- The largest Bath & Body Works seller in Q1 2021 was Melvin Capital Management, an estimated $595M sold.
Based on aggregated 13F filings for Q1 2021.