Bath & Body Works
BBWI
502 hedge funds and large institutions have $11B invested in Bath & Body Works in 2022 Q1 according to their latest regulatory filings, with 81 funds opening new positions, 172 increasing their positions, 188 reducing their positions, and 142 closing their positions.
62% more call options, than puts
Call options by funds: $358M | Put options by funds: $221M
5.78% more ownership
Funds ownership: 90.18% → 95.97% (+5.8%)
9% less repeat investments, than reductions
Existing positions increased: 172 | Existing positions reduced: 188
12% less funds holding
Funds holding: 569 → 502 (-67)
15% less capital inflows, than outflows
Capital inflows: $1.82B | Capital outflows: $2.15B
43% less first-time investments, than exits
New positions opened: 81 | Existing positions closed: 142
43% less funds holding in top 10
Funds holding in top 10: 30 → 17 (-13)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Alecta Tjanstepension Omsesidigt
Stockholm,
Sweden
|
+$162M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$102M |
| 3 |
Renaissance Technologies
New York
|
+$95.3M |
| 4 |
Millennium Management
New York
|
+$93.6M |
| 5 |
Sahana Capital Management
Greenwich,
Connecticut
|
+$82.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Melvin Capital Management
New York
|
-$339M |
| 2 |
D1 Capital Partners
New York
|
-$238M |
| 3 |
Lone Pine Capital
Greenwich,
Connecticut
|
-$112M |
| 4 |
SAM
Scopus Asset Management
New York
|
-$106M |
| 5 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
-$80.6M |
BBWI Hedge Fund Activity: Q1 2022 in Review
502 of the 6,364 institutional investors tracked by Wall St. Rank reported a position in Bath & Body Works (BBWI) for Q1 2022, worth a combined $11B — down 32% from $16.2B a quarter earlier.
Sellers outnumbered buyers: 142 funds closed out of BBWI and 81 opened new positions — a net loss of 61 holders — while 188 trimmed existing stakes and 172 added.
The largest buyer was Alecta Tjanstepension Omsesidigt, opening a new position worth an estimated $162M. The largest seller was Melvin Capital Management, cutting an estimated $339M.
- 502 institutional investors held Bath & Body Works (BBWI) as of Q1 2022, down from 569 in Q4 2021.
- Funds reported $11B of Bath & Body Works stock for Q1 2022, down 32% quarter-over-quarter.
- 81 funds opened new Bath & Body Works positions in Q1 2022 and 142 closed out, a net change of -61 holders.
- The largest Bath & Body Works buyer in Q1 2022 was Alecta Tjanstepension Omsesidigt, an estimated $162M added.
- The largest Bath & Body Works seller in Q1 2022 was Melvin Capital Management, an estimated $339M sold.
Based on aggregated 13F filings for Q1 2022.