Bath & Body Works
BBWI
521 hedge funds and large institutions have $8.22B invested in Bath & Body Works in 2018 Q1 according to their latest regulatory filings, with 92 funds opening new positions, 183 increasing their positions, 174 reducing their positions, and 82 closing their positions.
12% more first-time investments, than exits
New positions opened: 92 | Existing positions closed: 82
5% more repeat investments, than reductions
Existing positions increased: 183 | Existing positions reduced: 174
0% more funds holding
Funds holding: 520 → 521 (+1)
4.88% less ownership
Funds ownership: 100.36% → 95.48% (-4.9%)
39% less call options, than puts
Call options by funds: $207M | Put options by funds: $340M
40% less funds holding in top 10
Funds holding in top 10: 15 → 9 (-6)
40% less capital invested
Capital invested by funds: $13.8B → $8.22B (-$5.55B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$113M |
| 2 |
BlackRock
New York
|
+$98.6M |
| 3 |
Renaissance Technologies
New York
|
+$94.3M |
| 4 |
MP
Makaira Partners
La Jolla,
California
|
+$82.9M |
| 5 |
Millennium Management
New York
|
+$44.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$592M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$319M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$65.9M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
-$64.5M |
| 5 |
SI
Scharf Investments
Los Gatos,
California
|
-$64M |
BBWI Hedge Fund Activity: Q1 2018 in Review
521 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Bath & Body Works (BBWI) for Q1 2018, worth a combined $8.22B — down 40% from $13.8B a quarter earlier.
Buyers outnumbered sellers: 92 funds opened new BBWI positions and 82 closed out — a net gain of 10 holders — while 183 added to existing stakes and 174 trimmed.
The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $113M. The largest seller was Wellington Management Group, cutting an estimated $592M.
- 521 institutional investors held Bath & Body Works (BBWI) as of Q1 2018, up from 520 in Q4 2017.
- Funds reported $8.22B of Bath & Body Works stock for Q1 2018, down 40% quarter-over-quarter.
- 92 funds opened new Bath & Body Works positions in Q1 2018 and 82 closed out, a net change of +10 holders.
- The largest Bath & Body Works buyer in Q1 2018 was Manulife (Manufacturers Life Insurance), an estimated $113M added.
- The largest Bath & Body Works seller in Q1 2018 was Wellington Management Group, an estimated $592M sold.
Based on aggregated 13F filings for Q1 2018.