Bath & Body Works
BBWI
473 hedge funds and large institutions have $6.07B invested in Bath & Body Works in 2018 Q3 according to their latest regulatory filings, with 60 funds opening new positions, 180 increasing their positions, 164 reducing their positions, and 91 closing their positions.
13% more funds holding in top 10
Funds holding in top 10: 8 → 9 (+1)
10% more repeat investments, than reductions
Existing positions increased: 180 | Existing positions reduced: 164
0.87% less ownership
Funds ownership: 91.13% → 90.27% (-0.87%)
7% less funds holding
Funds holding: 508 → 473 (-35)
19% less capital invested
Capital invested by funds: $7.52B → $6.07B (-$1.45B)
34% less first-time investments, than exits
New positions opened: 60 | Existing positions closed: 91
37% less call options, than puts
Call options by funds: $169M | Put options by funds: $269M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$81.2M |
| 2 |
Bank of New York Mellon
New York
|
+$71.5M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$61.9M |
| 4 |
AVC
Arlington Value Capital
Salt Lake City,
Utah
|
+$52.6M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
+$37.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ATO
Alecta Tjanstepension Omsesidigt
Stockholm,
Sweden
|
-$138M |
| 2 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$93.1M |
| 3 |
OFM
Okumus Fund Management
Grand Cayman,
Cayman Islands
|
-$71.4M |
| 4 |
Renaissance Technologies
New York
|
-$59M |
| 5 |
JP Morgan Chase
New York
|
-$52M |
BBWI Hedge Fund Activity: Q3 2018 in Review
473 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Bath & Body Works (BBWI) for Q3 2018, worth a combined $6.07B — down 19% from $7.52B a quarter earlier.
Sellers outnumbered buyers: 91 funds closed out of BBWI and 60 opened new positions — a net loss of 31 holders — while 164 trimmed existing stakes and 180 added.
The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $81.2M. The largest seller was Alecta Tjanstepension Omsesidigt, exiting entirely with an estimated $138M sold.
- 473 institutional investors held Bath & Body Works (BBWI) as of Q3 2018, down from 508 in Q2 2018.
- Funds reported $6.07B of Bath & Body Works stock for Q3 2018, down 19% quarter-over-quarter.
- 60 funds opened new Bath & Body Works positions in Q3 2018 and 91 closed out, a net change of -31 holders.
- The largest Bath & Body Works buyer in Q3 2018 was Manulife (Manufacturers Life Insurance), an estimated $81.2M added.
- The largest Bath & Body Works seller in Q3 2018 was Alecta Tjanstepension Omsesidigt, an estimated $138M sold.
Based on aggregated 13F filings for Q3 2018.