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Bath & Body Works

520 hedge funds and large institutions have $13.8B invested in Bath & Body Works in 2017 Q4 according to their latest regulatory filings, with 121 funds opening new positions, 159 increasing their positions, 177 reducing their positions, and 37 closing their positions.

New
Increased
Maintained
Reduced
Closed

400% more funds holding in top 10

Funds holding in top 10: 315 (+12)

227% more first-time investments, than exits

New positions opened: 121 | Existing positions closed: 37

47% more capital invested

Capital invested by funds: $9.38B → $13.8B (+$4.38B)

18% more funds holding

Funds holding: 439520 (+81)

2.23% more ownership

Funds ownership: 98.13%100.36% (+2.2%)

10% less repeat investments, than reductions

Existing positions increased: 159 | Existing positions reduced: 177

17% less call options, than puts

Call options by funds: $377M | Put options by funds: $452M

Holders
520
Holders Change
+81
Holders Change %
+18.45%
% of All Funds
11.79%
Holding in Top 10
15
Holding in Top 10 Change
+12
Holding in Top 10 Change %
+400%
% of All Funds
0.34%
New
121
Increased
159
Reduced
177
Closed
37
Calls
$377M
Puts
$452M
Net Calls
-$74.9M
Net Calls Change
+$140M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.5B +$205M +5,070,128 +20%
BlackRock
2
BlackRock
New York
$1.19B -$17.1M -421,911 -2%
Primecap Management
3
Primecap Management
California
$1.16B -$5.27M -130,454 -0.5%
Wellington Management Group
4
Wellington Management Group
Massachusetts
$926M -$65.6M -1,624,107 -8%
T. Rowe Price Associates
5
T. Rowe Price Associates
Maryland
$674M -$190M -4,706,749 -25%
AIG
6
American International Group
New York
$629M +$223M +5,524,735 +75%
ATO
7
Alecta Tjanstepension Omsesidigt
Sweden
$625M
State Street
8
State Street
Massachusetts
$609M -$7.05M -174,547 -1%
Fidelity Investments
9
Fidelity Investments
Massachusetts
$475M +$37.4M +926,381 +11%
Morgan Stanley
10
Morgan Stanley
New York
$362M -$57.9M -1,432,728 -16%
Goldman Sachs
11
Goldman Sachs
New York
$273M +$69.2M +1,711,092 +44%
Barrow, Hanley, Mewhinney & Strauss
12
Barrow, Hanley, Mewhinney & Strauss
Texas
$244M -$5.11M -126,409 -2%
SI
13
Scharf Investments
California
$227M -$4.93M -121,979 -3%
Northern Trust
14
Northern Trust
Illinois
$168M -$730K -18,052 -0.5%
Norges Bank
15
Norges Bank
Norway
$167M +$2.07M +51,158 +2%
Ameriprise
16
Ameriprise
Minnesota
$161M -$3.63M -89,908 -3%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$159M +$2.01M +49,806 +2%
Geode Capital Management
18
Geode Capital Management
Massachusetts
$157M +$3.44M +85,045 +3%
AAMU
19
Amundi Asset Management US
Massachusetts
$121M +$100M +2,476,261 New
DGI
20
Disciplined Growth Investors
Minnesota
$119M +$283K +7,013 +0.3%
Citadel Advisors
21
Citadel Advisors
Florida
$113M +$24M +594,673 +34%
JP Morgan Chase
22
JP Morgan Chase
New York
$106M +$76.1M +1,881,931 +648%
Flossbach Von Storch
23
Flossbach Von Storch
Germany
$98.2M -$21.2M -524,278 -21%
Deutsche Bank
24
Deutsche Bank
Germany
$96.5M -$155M -3,841,432 -66%
AIM
25
Artemis Investment Management
United Kingdom
$96.1M +$63.6M +1,573,654 +393%

BBWI Hedge Fund Activity: Q4 2017 in Review

520 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Bath & Body Works (BBWI) for Q4 2017, worth a combined $13.8B — up 47% from $9.38B a quarter earlier.

Buyers outnumbered sellers: 121 funds opened new BBWI positions and 37 closed out — a net gain of 84 holders — while 159 added to existing stakes and 177 trimmed.

The largest buyer was American International Group, adding an estimated $223M. The largest seller was T. Rowe Price Associates, cutting an estimated $190M.

  • 520 institutional investors held Bath & Body Works (BBWI) as of Q4 2017, up from 439 in Q3 2017.
  • Funds reported $13.8B of Bath & Body Works stock for Q4 2017, up 47% quarter-over-quarter.
  • 121 funds opened new Bath & Body Works positions in Q4 2017 and 37 closed out, a net change of +84 holders.
  • The largest Bath & Body Works buyer in Q4 2017 was American International Group, an estimated $223M added.
  • The largest Bath & Body Works seller in Q4 2017 was T. Rowe Price Associates, an estimated $190M sold.

Based on aggregated 13F filings for Q4 2017.