Bath & Body Works
BBWI
476 hedge funds and large institutions have $5.11B invested in Bath & Body Works in 2018 Q4 according to their latest regulatory filings, with 98 funds opening new positions, 132 increasing their positions, 187 reducing their positions, and 89 closing their positions.
10% more first-time investments, than exits
New positions opened: 98 | Existing positions closed: 89
1% more funds holding
Funds holding: 473 → 476 (+3)
0.61% less ownership
Funds ownership: 90.25% → 89.64% (-0.61%)
16% less capital invested
Capital invested by funds: $6.07B → $5.11B (-$959M)
19% less call options, than puts
Call options by funds: $127M | Put options by funds: $157M
29% less repeat investments, than reductions
Existing positions increased: 132 | Existing positions reduced: 187
33% less funds holding in top 10
Funds holding in top 10: 9 → 6 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
+$100M |
| 2 |
AIG
American International Group
New York
|
+$77.1M |
| 3 |
Bank of New York Mellon
New York
|
+$74.4M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$71.4M |
| 5 |
MCM
Melvin Capital Management
New York
|
+$46.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$174M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$64M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$50.8M |
| 4 |
AA
ALPS Advisors
Denver,
Colorado
|
-$49.5M |
| 5 |
AVC
Arlington Value Capital
Salt Lake City,
Utah
|
-$39.6M |
BBWI Hedge Fund Activity: Q4 2018 in Review
476 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Bath & Body Works (BBWI) for Q4 2018, worth a combined $5.11B — down 16% from $6.07B a quarter earlier.
Buyers outnumbered sellers: 98 funds opened new BBWI positions and 89 closed out — a net gain of 9 holders — while 132 added to existing stakes and 187 trimmed.
The largest buyer was Skandinaviska Enskilda Banken (SEB), adding an estimated $100M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $174M.
- 476 institutional investors held Bath & Body Works (BBWI) as of Q4 2018, up from 473 in Q3 2018.
- Funds reported $5.11B of Bath & Body Works stock for Q4 2018, down 16% quarter-over-quarter.
- 98 funds opened new Bath & Body Works positions in Q4 2018 and 89 closed out, a net change of +9 holders.
- The largest Bath & Body Works buyer in Q4 2018 was Skandinaviska Enskilda Banken (SEB), an estimated $100M added.
- The largest Bath & Body Works seller in Q4 2018 was Manulife (Manufacturers Life Insurance), an estimated $174M sold.
Based on aggregated 13F filings for Q4 2018.