Bread Financial
309 hedge funds and large institutions have $1.64B invested in Bread Financial in 2020 Q3 according to their latest regulatory filings, with 46 funds opening new positions, 107 increasing their positions, 112 reducing their positions, and 66 closing their positions.
17% more call options, than puts
Call options by funds: $44.2M | Put options by funds: $37.7M
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
4% less repeat investments, than reductions
Existing positions increased: 107 | Existing positions reduced: 112
3.08% less ownership
Funds ownership: 105.86% → 102.78% (-3.1%)
7% less funds holding
Funds holding: 332 → 309 (-23)
10% less capital invested
Capital invested by funds: $1.82B → $1.64B (-$174M)
30% less first-time investments, than exits
New positions opened: 46 | Existing positions closed: 66
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Redwood Capital Management
New York
|
+$83.1M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$12.6M |
| 3 |
SCA
Southpoint Capital Advisors
New York
|
+$12M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$11.6M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$9.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$47.6M |
| 2 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$40.1M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$23.4M |
| 4 |
N
Natixis
Paris,
France
|
-$22.5M |
| 5 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
-$18.6M |
BFH Hedge Fund Activity: Q3 2020 in Review
309 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Bread Financial (BFH) for Q3 2020, worth a combined $1.64B — down 9.6% from $1.82B a quarter earlier.
Sellers outnumbered buyers: 66 funds closed out of BFH and 46 opened new positions — a net loss of 20 holders — while 112 trimmed existing stakes and 107 added.
The largest buyer was Redwood Capital Management, opening a new position worth an estimated $83.1M. The largest seller was Fidelity Investments, cutting an estimated $47.6M.
- 309 institutional investors held Bread Financial (BFH) as of Q3 2020, down from 332 in Q2 2020.
- Funds reported $1.64B of Bread Financial stock for Q3 2020, down 9.6% quarter-over-quarter.
- 46 funds opened new Bread Financial positions in Q3 2020 and 66 closed out, a net change of -20 holders.
- The largest Bread Financial buyer in Q3 2020 was Redwood Capital Management, an estimated $83.1M added.
- The largest Bread Financial seller in Q3 2020 was Fidelity Investments, an estimated $47.6M sold.
Based on aggregated 13F filings for Q3 2020.