Bath & Body Works
BBWI
376 hedge funds and large institutions have $12.8B invested in Bath & Body Works in 2013 Q3 according to their latest regulatory filings, with 56 funds opening new positions, 128 increasing their positions, 138 reducing their positions, and 38 closing their positions.
47% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 38
28% more capital invested
Capital invested by funds: $10.1B → $12.8B (+$2.77B)
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
4% more funds holding
Funds holding: 362 → 376 (+14)
7% less repeat investments, than reductions
Existing positions increased: 128 | Existing positions reduced: 138
11% less call options, than puts
Call options by funds: $123M | Put options by funds: $139M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$194M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$138M |
| 3 |
LPLP
Lansdowne Partners Limited Partnership
London,
United Kingdom
|
+$95M |
| 4 |
Bessemer Group
Woodbridge,
New Jersey
|
+$85.9M |
| 5 |
CCM
Conatus Capital Management
Greenwich,
Connecticut
|
+$49.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$102M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$98.5M |
| 3 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$69.1M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$56.5M |
| 5 |
MHI
Miller Howard Investments
Kingston,
New York
|
-$42.5M |
BBWI Hedge Fund Activity: Q3 2013 in Review
376 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Bath & Body Works (BBWI) for Q3 2013, worth a combined $12.8B — up 28% from $10.1B a quarter earlier.
Buyers outnumbered sellers: 56 funds opened new BBWI positions and 38 closed out — a net gain of 18 holders — while 128 added to existing stakes and 138 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $194M. The largest seller was Artisan Partners, cutting an estimated $102M.
- 376 institutional investors held Bath & Body Works (BBWI) as of Q3 2013, up from 362 in Q2 2013.
- Funds reported $12.8B of Bath & Body Works stock for Q3 2013, up 28% quarter-over-quarter.
- 56 funds opened new Bath & Body Works positions in Q3 2013 and 38 closed out, a net change of +18 holders.
- The largest Bath & Body Works buyer in Q3 2013 was T. Rowe Price Associates, an estimated $194M added.
- The largest Bath & Body Works seller in Q3 2013 was Artisan Partners, an estimated $102M sold.
Based on aggregated 13F filings for Q3 2013.