Bath & Body Works
BBWI
546 hedge funds and large institutions have $19.1B invested in Bath & Body Works in 2016 Q1 according to their latest regulatory filings, with 95 funds opening new positions, 201 increasing their positions, 184 reducing their positions, and 61 closing their positions.
56% more first-time investments, than exits
New positions opened: 95 | Existing positions closed: 61
6% more funds holding
Funds holding: 517 → 546 (+29)
9% more repeat investments, than reductions
Existing positions increased: 201 | Existing positions reduced: 184
0.26% less ownership
Funds ownership: 93.83% → 93.57% (-0.26%)
9% less capital invested
Capital invested by funds: $21B → $19.1B (-$1.94B)
17% less call options, than puts
Call options by funds: $146M | Put options by funds: $176M
20% less funds holding in top 10
Funds holding in top 10: 10 → 8 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
+$342M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$120M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$105M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$95.4M |
| 5 |
MHI
Miller Howard Investments
Kingston,
New York
|
+$83.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$435M |
| 2 |
LPU
Lansdowne Partners (UK)
London,
United Kingdom
|
-$217M |
| 3 |
Primecap Management
Pasadena,
California
|
-$134M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$83.7M |
| 5 |
Winslow Capital Management
Minneapolis,
Minnesota
|
-$82.2M |
BBWI Hedge Fund Activity: Q1 2016 in Review
546 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Bath & Body Works (BBWI) for Q1 2016, worth a combined $19.1B — down 9.2% from $21B a quarter earlier.
Buyers outnumbered sellers: 95 funds opened new BBWI positions and 61 closed out — a net gain of 34 holders — while 201 added to existing stakes and 184 trimmed.
The largest buyer was Jennison Associates, adding an estimated $342M. The largest seller was Waddell & Reed Financial, cutting an estimated $435M.
- 546 institutional investors held Bath & Body Works (BBWI) as of Q1 2016, up from 517 in Q4 2015.
- Funds reported $19.1B of Bath & Body Works stock for Q1 2016, down 9.2% quarter-over-quarter.
- 95 funds opened new Bath & Body Works positions in Q1 2016 and 61 closed out, a net change of +34 holders.
- The largest Bath & Body Works buyer in Q1 2016 was Jennison Associates, an estimated $342M added.
- The largest Bath & Body Works seller in Q1 2016 was Waddell & Reed Financial, an estimated $435M sold.
Based on aggregated 13F filings for Q1 2016.