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Bath & Body Works

516 hedge funds and large institutions have $23B invested in Bath & Body Works in 2015 Q4 according to their latest regulatory filings, with 76 funds opening new positions, 191 increasing their positions, 184 reducing their positions, and 44 closing their positions.

New
Increased
Maintained
Reduced
Closed

73% more first-time investments, than exits

New positions opened: 76 | Existing positions closed: 44

6% more capital invested

Capital invested by funds: $21.6B → $23B (+$1.36B)

6% more funds holding

Funds holding: 488516 (+28)

4% more repeat investments, than reductions

Existing positions increased: 191 | Existing positions reduced: 184

2% more call options, than puts

Call options by funds: $120M | Put options by funds: $118M

0.1% more ownership

Funds ownership: 93.78%93.88% (+0.1%)

33% less funds holding in top 10

Funds holding in top 10: 1510 (-5)

Holders
516
Holders Change
+28
Holders Change %
+5.74%
% of All Funds
13.54%
Holding in Top 10
10
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-33.33%
% of All Funds
0.26%
New
76
Increased
191
Reduced
184
Closed
44
Calls
$120M
Puts
$118M
Net Calls
+$1.8M
Net Calls Change
-$19.1M
Name Holding Trade Value Shares
Change
Change in
Stake
LTI
1
Laffer Tengler Investments
Tennessee
$1.93B
Primecap Management
2
Primecap Management
California
$1.84B -$54.8M -707,191 -3%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$1.48B +$390M +5,042,078 +36%
Vanguard Group
4
Vanguard Group
Pennsylvania
$1.41B +$26.2M +338,636 +2%
LPU
5
Lansdowne Partners (UK)
United Kingdom
$1.06B -$38.7M -499,845 -4%
State Street
6
State Street
Massachusetts
$975M +$16.6M +214,684 +2%
ATO
7
Alecta Tjanstepension Omsesidigt
Sweden
$927M +$90.1M +1,162,780 +11%
T. Rowe Price Associates
8
T. Rowe Price Associates
Maryland
$741M +$12.9M +167,142 +2%
BIT
9
BlackRock Institutional Trust
California
$615M +$1.83M +23,610 +0.3%
WRF
10
Waddell & Reed Financial
Kansas
$607M -$124M -1,599,243 -17%
JSP
11
Jackson Square Partners
California
$574M -$28.5M -367,733 -5%
Morgan Stanley
12
Morgan Stanley
New York
$519M -$22.7M -293,742 -4%
Deutsche Bank
13
Deutsche Bank
Germany
$421M +$19.4M +250,169 +5%
BFA
14
BlackRock Fund Advisors
California
$391M +$45.1M +582,826 +13%
JP Morgan Chase
15
JP Morgan Chase
New York
$386M -$4.28M -55,230 -1%
CWG
16
C WorldWide Group
Denmark
$346M -$19.1M -246,287 -5%
Winslow Capital Management
17
Winslow Capital Management
Minnesota
$326M +$73.6M +950,269 +29%
JHIU
18
Janus Henderson Investors US
Colorado
$307M -$25.8M -333,084 -8%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$291M -$23.7M -306,604 -8%
Northern Trust
20
Northern Trust
Illinois
$289M -$18.9M -244,122 -6%
Ameriprise
21
Ameriprise
Minnesota
$242M +$368K +4,758 +0.2%
Goldman Sachs
22
Goldman Sachs
New York
$239M +$49.4M +637,382 +26%
Barrow, Hanley, Mewhinney & Strauss
23
Barrow, Hanley, Mewhinney & Strauss
Texas
$232M -$59.5M -767,707 -20%
PNC Financial Services Group
24
PNC Financial Services Group
Pennsylvania
$201M +$3.8M +49,067 +2%
Norges Bank
25
Norges Bank
Norway
$199M -$24.8M -319,596 -11%

BBWI Hedge Fund Activity: Q4 2015 in Review

516 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Bath & Body Works (BBWI) for Q4 2015, worth a combined $23B — up 6.3% from $21.6B a quarter earlier.

Buyers outnumbered sellers: 76 funds opened new BBWI positions and 44 closed out — a net gain of 32 holders — while 191 added to existing stakes and 184 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $390M. The largest seller was Citadel Advisors, cutting an estimated $144M.

  • 516 institutional investors held Bath & Body Works (BBWI) as of Q4 2015, up from 488 in Q3 2015.
  • Funds reported $23B of Bath & Body Works stock for Q4 2015, up 6.3% quarter-over-quarter.
  • 76 funds opened new Bath & Body Works positions in Q4 2015 and 44 closed out, a net change of +32 holders.
  • The largest Bath & Body Works buyer in Q4 2015 was Fidelity Investments, an estimated $390M added.
  • The largest Bath & Body Works seller in Q4 2015 was Citadel Advisors, an estimated $144M sold.

Based on aggregated 13F filings for Q4 2015.