Bath & Body Works
BBWI
491 hedge funds and large institutions have $10.2B invested in Bath & Body Works in 2017 Q1 according to their latest regulatory filings, with 84 funds opening new positions, 189 increasing their positions, 168 reducing their positions, and 90 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 189 | Existing positions reduced: 168
0.16% more ownership
Funds ownership: 94.23% → 94.38% (+0.16%)
7% less first-time investments, than exits
New positions opened: 84 | Existing positions closed: 90
3% less funds holding
Funds holding: 504 → 491 (-13)
29% less capital invested
Capital invested by funds: $14.3B → $10.2B (-$4.1B)
35% less call options, than puts
Call options by funds: $199M | Put options by funds: $305M
80% less funds holding in top 10
Funds holding in top 10: 10 → 2 (-8)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$1.03B |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$376M |
| 3 |
Primecap Management
Pasadena,
California
|
+$145M |
| 4 |
Renaissance Technologies
New York
|
+$120M |
| 5 |
Millennium Management
New York
|
+$118M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPU
Lansdowne Partners (UK)
London,
United Kingdom
|
-$477M |
| 2 |
JSP
Jackson Square Partners
Larkspur,
California
|
-$399M |
| 3 |
CWG
C WorldWide Group
Copenhagen,
Denmark
|
-$245M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$220M |
| 5 |
ABI
Abrams Bison Investments
Bethesda,
Maryland
|
-$199M |
BBWI Hedge Fund Activity: Q1 2017 in Review
491 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Bath & Body Works (BBWI) for Q1 2017, worth a combined $10.2B — down 29% from $14.3B a quarter earlier.
Sellers outnumbered buyers: 90 funds closed out of BBWI and 84 opened new positions — a net loss of 6 holders — while 168 trimmed existing stakes and 189 added.
The largest buyer was BlackRock, adding an estimated $1.03B. The largest seller was Lansdowne Partners (UK), cutting an estimated $477M.
- 491 institutional investors held Bath & Body Works (BBWI) as of Q1 2017, down from 504 in Q4 2016.
- Funds reported $10.2B of Bath & Body Works stock for Q1 2017, down 29% quarter-over-quarter.
- 84 funds opened new Bath & Body Works positions in Q1 2017 and 90 closed out, a net change of -6 holders.
- The largest Bath & Body Works buyer in Q1 2017 was BlackRock, an estimated $1.03B added.
- The largest Bath & Body Works seller in Q1 2017 was Lansdowne Partners (UK), an estimated $477M sold.
Based on aggregated 13F filings for Q1 2017.