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Bath & Body Works

461 hedge funds and large institutions have $19.2B invested in Bath & Body Works in 2014 Q4 according to their latest regulatory filings, with 106 funds opening new positions, 138 increasing their positions, 158 reducing their positions, and 39 closing their positions.

New
Increased
Maintained
Reduced
Closed

172% more first-time investments, than exits

New positions opened: 106 | Existing positions closed: 39

160% more funds holding in top 10

Funds holding in top 10: 513 (+8)

34% more capital invested

Capital invested by funds: $14.3B → $19.2B (+$4.84B)

15% more funds holding

Funds holding: 400461 (+61)

3.22% more ownership

Funds ownership: 90.57%93.79% (+3.2%)

13% less repeat investments, than reductions

Existing positions increased: 138 | Existing positions reduced: 158

33% less call options, than puts

Call options by funds: $154M | Put options by funds: $229M

Holders
461
Holders Change
+61
Holders Change %
+15.25%
% of All Funds
12.3%
Holding in Top 10
13
Holding in Top 10 Change
+8
Holding in Top 10 Change %
+160%
% of All Funds
0.35%
New
106
Increased
138
Reduced
158
Closed
39
Calls
$154M
Puts
$229M
Net Calls
-$75.3M
Net Calls Change
-$128M
Name Holding Trade Value Shares
Change
Change in
Stake
Primecap Management
1
Primecap Management
California
$1.78B -$7.16M -116,085 -0.5%
Vanguard Group
2
Vanguard Group
Pennsylvania
$1.58B +$54.3M +879,457 +4%
State Street
3
State Street
Massachusetts
$909M +$44.4M +718,999 +6%
WRF
4
Waddell & Reed Financial
Kansas
$844M +$86.1M +1,396,026 +13%
T. Rowe Price Associates
5
T. Rowe Price Associates
Maryland
$771M -$9.37M -151,814 -1%
ATO
6
Alecta Tjanstepension Omsesidigt
Sweden
$708M +$627M +10,168,140 New
JSP
7
Jackson Square Partners
California
$707M -$199M -3,221,454 -24%
BIT
8
BlackRock Institutional Trust
California
$573M +$23.3M +377,187 +5%
Fidelity Investments
9
Fidelity Investments
Massachusetts
$572M +$151M +2,451,929 +43%
LPU
10
Lansdowne Partners (UK)
United Kingdom
$568M +$117M +1,901,716 +31%
Morgan Stanley
11
Morgan Stanley
New York
$535M +$42.7M +692,252 +10%
ABI
12
Abrams Bison Investments
Maryland
$426M
Wellington Management Group
13
Wellington Management Group
Massachusetts
$390M +$12.2M +198,464 +4%
CWG
14
C WorldWide Group
Denmark
$379M -$22.6M -365,657 -6%
Massachusetts Financial Services
15
Massachusetts Financial Services
Massachusetts
$372M +$10.2M +165,103 +3%
JP Morgan Chase
16
JP Morgan Chase
New York
$303M -$39.1M -633,372 -13%
BFA
17
BlackRock Fund Advisors
California
$290M +$22.2M +359,985 +10%
Goldman Sachs
18
Goldman Sachs
New York
$286M -$159M -2,580,667 -39%
Deutsche Bank
19
Deutsche Bank
Germany
$285M -$33.7M -545,950 -12%
Barrow, Hanley, Mewhinney & Strauss
20
Barrow, Hanley, Mewhinney & Strauss
Texas
$282M +$939K +15,215 +0.4%
Northern Trust
21
Northern Trust
Illinois
$280M +$19.1M +309,621 +8%
Macquarie Group
22
Macquarie Group
Australia
$234M -$65M -1,053,703 -24%
Bank of New York Mellon
23
Bank of New York Mellon
New York
$221M +$397K +6,435 +0.2%
Norges Bank
24
Norges Bank
Norway
$199M
Ameriprise
25
Ameriprise
Minnesota
$198M -$37.1M -601,212 -17%

BBWI Hedge Fund Activity: Q4 2014 in Review

461 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Bath & Body Works (BBWI) for Q4 2014, worth a combined $19.2B — up 34% from $14.3B a quarter earlier.

Buyers outnumbered sellers: 106 funds opened new BBWI positions and 39 closed out — a net gain of 67 holders — while 138 added to existing stakes and 158 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $151M. The largest seller was Prudential plc, cutting an estimated $221M.

  • 461 institutional investors held Bath & Body Works (BBWI) as of Q4 2014, up from 400 in Q3 2014.
  • Funds reported $19.2B of Bath & Body Works stock for Q4 2014, up 34% quarter-over-quarter.
  • 106 funds opened new Bath & Body Works positions in Q4 2014 and 39 closed out, a net change of +67 holders.
  • The largest Bath & Body Works buyer in Q4 2014 was Fidelity Investments, an estimated $151M added.
  • The largest Bath & Body Works seller in Q4 2014 was Prudential plc, an estimated $221M sold.

Based on aggregated 13F filings for Q4 2014.