Bath & Body Works
BBWI
486 hedge funds and large institutions have $9.33B invested in Bath & Body Works in 2023 Q4 according to their latest regulatory filings, with 83 funds opening new positions, 159 increasing their positions, 182 reducing their positions, and 60 closing their positions.
38% more first-time investments, than exits
New positions opened: 83 | Existing positions closed: 60
34% more call options, than puts
Call options by funds: $294M | Put options by funds: $219M
18% more funds holding in top 10
Funds holding in top 10: 11 → 13 (+2)
4% more funds holding
Funds holding: 468 → 486 (+18)
1.17% less ownership
Funds ownership: 96.89% → 95.72% (-1.2%)
13% less repeat investments, than reductions
Existing positions increased: 159 | Existing positions reduced: 182
16% less capital inflows, than outflows
Capital inflows: $672M | Capital outflows: $801M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCP
Darsana Capital Partners
New York
|
+$59.1M |
| 2 |
Lone Pine Capital
Greenwich,
Connecticut
|
+$58.9M |
| 3 |
Sound Shore Management
Greenwich,
Connecticut
|
+$50.9M |
| 4 |
JP Morgan Chase
New York
|
+$46.8M |
| 5 |
Morgan Stanley
New York
|
+$46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$68.7M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$63.3M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$59.8M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$49M |
| 5 |
Atreides Management
Boston,
Massachusetts
|
-$48.7M |
BBWI Hedge Fund Activity: Q4 2023 in Review
486 of the 6,877 institutional investors tracked by Wall St. Rank reported a position in Bath & Body Works (BBWI) for Q4 2023, worth a combined $9.33B — up 25% from $7.45B a quarter earlier.
Buyers outnumbered sellers: 83 funds opened new BBWI positions and 60 closed out — a net gain of 23 holders — while 159 added to existing stakes and 182 trimmed.
The largest buyer was Darsana Capital Partners, adding an estimated $59.1M. The largest seller was T. Rowe Price Associates, cutting an estimated $68.7M.
- 486 institutional investors held Bath & Body Works (BBWI) as of Q4 2023, up from 468 in Q3 2023.
- Funds reported $9.33B of Bath & Body Works stock for Q4 2023, up 25% quarter-over-quarter.
- 83 funds opened new Bath & Body Works positions in Q4 2023 and 60 closed out, a net change of +23 holders.
- The largest Bath & Body Works buyer in Q4 2023 was Darsana Capital Partners, an estimated $59.1M added.
- The largest Bath & Body Works seller in Q4 2023 was T. Rowe Price Associates, an estimated $68.7M sold.
Based on aggregated 13F filings for Q4 2023.