Bath & Body Works
BBWI
475 hedge funds and large institutions have $5.09B 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 90 closing their positions.
9% more first-time investments, than exits
New positions opened: 98 | Existing positions closed: 90
0% more funds holding
Funds holding: 473 → 475 (+2)
0.62% less ownership
Funds ownership: 90.27% → 89.64% (-0.62%)
16% less capital invested
Capital invested by funds: $6.07B → $5.09B (-$989M)
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
475 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Bath & Body Works (BBWI) for Q4 2018, worth a combined $5.09B — down 16% from $6.07B a quarter earlier.
Buyers outnumbered sellers: 98 funds opened new BBWI positions and 90 closed out — a net gain of 8 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.
- 475 institutional investors held Bath & Body Works (BBWI) as of Q4 2018, up from 473 in Q3 2018.
- Funds reported $5.09B 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 90 closed out, a net change of +8 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.