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Bath & Body Works

460 hedge funds and large institutions have $12.3B invested in Bath & Body Works in 2017 Q2 according to their latest regulatory filings, with 60 funds opening new positions, 187 increasing their positions, 153 reducing their positions, and 86 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

22% more repeat investments, than reductions

Existing positions increased: 187 | Existing positions reduced: 153

20% more capital invested

Capital invested by funds: $10.2B → $12.3B (+$2.03B)

3.82% more ownership

Funds ownership: 94.38%98.2% (+3.8%)

6% less funds holding

Funds holding: 491460 (-31)

30% less call options, than puts

Call options by funds: $278M | Put options by funds: $395M

30% less first-time investments, than exits

New positions opened: 60 | Existing positions closed: 86

Holders
460
Holders Change
-31
Holders Change %
-6.31%
% of All Funds
11.47%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.07%
New
60
Increased
187
Reduced
153
Closed
86
Calls
$278M
Puts
$395M
Net Calls
-$117M
Net Calls Change
-$10M
Name Holding Trade Value Shares
Change
Change in
Stake
Primecap Management
1
Primecap Management
California
$1.05B +$37.7M +919,912 +4%
BlackRock
2
BlackRock
New York
$1.04B +$13M +317,246 +1%
T. Rowe Price Associates
3
T. Rowe Price Associates
Maryland
$1,000M +$503M +12,270,710 +115%
Wellington Management Group
4
Wellington Management Group
Massachusetts
$927M +$136M +3,327,907 +19%
Vanguard Group
5
Vanguard Group
Pennsylvania
$886M +$25.1M +613,536 +3%
Fidelity Investments
6
Fidelity Investments
Massachusetts
$615M +$15.5M +377,736 +3%
State Street
7
State Street
Massachusetts
$560M +$1.71M +41,829 +0.3%
ATO
8
Alecta Tjanstepension Omsesidigt
Sweden
$560M
AIG
9
American International Group
New York
$323M +$10.2K +250 +0%
Morgan Stanley
10
Morgan Stanley
New York
$225M -$22.7M -552,702 -10%
Deutsche Bank
11
Deutsche Bank
Germany
$206M -$79.4M -1,937,471 -29%
Citadel Advisors
12
Citadel Advisors
Florida
$205M +$127M +3,110,689 +196%
Barrow, Hanley, Mewhinney & Strauss
13
Barrow, Hanley, Mewhinney & Strauss
Texas
$174M
SI
14
Scharf Investments
California
$167M +$157M +3,830,032 +49,548%
LPU
15
Lansdowne Partners (UK)
United Kingdom
$162M +$58.2M +1,420,323 +62%
JP Morgan Chase
16
JP Morgan Chase
New York
$147M -$104M -2,548,147 -43%
Northern Trust
17
Northern Trust
Illinois
$144M +$870K +21,224 +0.6%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$136M -$8.16M -199,065 -6%
Geode Capital Management
19
Geode Capital Management
Massachusetts
$129M +$2.09M +51,042 +2%
APG Asset Management
20
APG Asset Management
Netherlands
$119M +$11.2M +273,253 +11%
Norges Bank
21
Norges Bank
Norway
$117M +$2.03M +49,600 +2%
Ameriprise
22
Ameriprise
Minnesota
$115M +$23.3M +569,409 +28%
Goldman Sachs
23
Goldman Sachs
New York
$112M -$19.7M -479,855 -16%
DGI
24
Disciplined Growth Investors
Minnesota
$107M +$519K +12,667 +0.5%
Janus Henderson Group
25
Janus Henderson Group
United Kingdom
$91.8M +$84.6M +2,064,711 +4,926%

BBWI Hedge Fund Activity: Q2 2017 in Review

460 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Bath & Body Works (BBWI) for Q2 2017, worth a combined $12.3B — up 20% from $10.2B a quarter earlier.

Sellers outnumbered buyers: 86 funds closed out of BBWI and 60 opened new positions — a net loss of 26 holders — while 153 trimmed existing stakes and 187 added.

The largest buyer was T. Rowe Price Associates, adding an estimated $503M. The largest seller was JP Morgan Chase, cutting an estimated $104M.

  • 460 institutional investors held Bath & Body Works (BBWI) as of Q2 2017, down from 491 in Q1 2017.
  • Funds reported $12.3B of Bath & Body Works stock for Q2 2017, up 20% quarter-over-quarter.
  • 60 funds opened new Bath & Body Works positions in Q2 2017 and 86 closed out, a net change of -26 holders.
  • The largest Bath & Body Works buyer in Q2 2017 was T. Rowe Price Associates, an estimated $503M added.
  • The largest Bath & Body Works seller in Q2 2017 was JP Morgan Chase, an estimated $104M sold.

Based on aggregated 13F filings for Q2 2017.