Bath & Body Works
BBWI
491 hedge funds and large institutions have $20.7B invested in Bath & Body Works in 2015 Q1 according to their latest regulatory filings, with 71 funds opening new positions, 157 increasing their positions, 189 reducing their positions, and 36 closing their positions.
97% more first-time investments, than exits
New positions opened: 71 | Existing positions closed: 36
23% more funds holding in top 10
Funds holding in top 10: 13 → 16 (+3)
8% more capital invested
Capital invested by funds: $19.2B → $20.7B (+$1.54B)
6% more funds holding
Funds holding: 462 → 491 (+29)
1% more ownership
Funds ownership: 93.79% → 94.79% (+1%)
2% more call options, than puts
Call options by funds: $140M | Put options by funds: $137M
17% less repeat investments, than reductions
Existing positions increased: 157 | Existing positions reduced: 189
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Sasco Capital
Fairfield,
Connecticut
|
+$495M |
| 2 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$151M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$121M |
| 4 |
LPU
Lansdowne Partners (UK)
London,
United Kingdom
|
+$96.5M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$86.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$228M |
| 2 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$170M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$138M |
| 4 |
HCM
Hoplite Capital Management
New York
|
-$135M |
| 5 |
JSP
Jackson Square Partners
Larkspur,
California
|
-$108M |
BBWI Hedge Fund Activity: Q1 2015 in Review
491 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Bath & Body Works (BBWI) for Q1 2015, worth a combined $20.7B — up 8% from $19.2B a quarter earlier.
Buyers outnumbered sellers: 71 funds opened new BBWI positions and 36 closed out — a net gain of 35 holders — while 157 added to existing stakes and 189 trimmed.
The largest buyer was Sasco Capital, opening a new position worth an estimated $495M. The largest seller was Wellington Management Group, cutting an estimated $228M.
- 491 institutional investors held Bath & Body Works (BBWI) as of Q1 2015, up from 462 in Q4 2014.
- Funds reported $20.7B of Bath & Body Works stock for Q1 2015, up 8% quarter-over-quarter.
- 71 funds opened new Bath & Body Works positions in Q1 2015 and 36 closed out, a net change of +35 holders.
- The largest Bath & Body Works buyer in Q1 2015 was Sasco Capital, an estimated $495M added.
- The largest Bath & Body Works seller in Q1 2015 was Wellington Management Group, an estimated $228M sold.
Based on aggregated 13F filings for Q1 2015.