Bath & Body Works
BBWI
400 hedge funds and large institutions have $3.95B invested in Bath & Body Works in 2019 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 159 increasing their positions, 132 reducing their positions, and 81 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 159 | Existing positions reduced: 132
2.04% more ownership
Funds ownership: 88.2% → 90.25% (+2%)
0% more funds holding in top 10
Funds holding in top 10: 10 → 10 (0)
10% less funds holding
Funds holding: 445 → 400 (-45)
23% less capital invested
Capital invested by funds: $5.14B → $3.95B (-$1.19B)
52% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 81
55% less call options, than puts
Call options by funds: $85.7M | Put options by funds: $190M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$74.8M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$71.5M |
| 3 |
BA
Bridgewater Associates
Westport,
Connecticut
|
+$38.9M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$24.7M |
| 5 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
+$24.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
-$79.5M |
| 2 |
SIM
SRS Investment Management
New York
|
-$64M |
| 3 |
Bank of New York Mellon
New York
|
-$51M |
| 4 |
DGI
Disciplined Growth Investors
Minneapolis,
Minnesota
|
-$48.6M |
| 5 |
SC
Samlyn Capital
New York
|
-$47.8M |
BBWI Hedge Fund Activity: Q3 2019 in Review
400 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Bath & Body Works (BBWI) for Q3 2019, worth a combined $3.95B — down 23% from $5.14B a quarter earlier.
Sellers outnumbered buyers: 81 funds closed out of BBWI and 39 opened new positions — a net loss of 42 holders — while 132 trimmed existing stakes and 159 added.
The largest buyer was UBS Group, adding an estimated $74.8M. The largest seller was Skandinaviska Enskilda Banken (SEB), cutting an estimated $79.5M.
- 400 institutional investors held Bath & Body Works (BBWI) as of Q3 2019, down from 445 in Q2 2019.
- Funds reported $3.95B of Bath & Body Works stock for Q3 2019, down 23% quarter-over-quarter.
- 39 funds opened new Bath & Body Works positions in Q3 2019 and 81 closed out, a net change of -42 holders.
- The largest Bath & Body Works buyer in Q3 2019 was UBS Group, an estimated $74.8M added.
- The largest Bath & Body Works seller in Q3 2019 was Skandinaviska Enskilda Banken (SEB), an estimated $79.5M sold.
Based on aggregated 13F filings for Q3 2019.