Bread Financial
BFH
347 hedge funds and large institutions have $3.19B invested in Bread Financial in 2020 Q4 according to their latest regulatory filings, with 83 funds opening new positions, 93 increasing their positions, 124 reducing their positions, and 43 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 4 → 12 (+8)
94% more capital invested
Capital invested by funds: $1.64B → $3.19B (+$1.54B)
93% more first-time investments, than exits
New positions opened: 83 | Existing positions closed: 43
59% more call options, than puts
Call options by funds: $93.6M | Put options by funds: $58.7M
12% more funds holding
Funds holding: 309 → 347 (+38)
10.36% more ownership
Funds ownership: 102.78% → 113.14% (+10%)
25% less repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 124
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCA
Southpoint Capital Advisors
New York
|
+$109M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$37M |
| 3 |
AL
Appaloosa LP
Short Hills,
New Jersey
|
+$28.3M |
| 4 |
AIM
Artemis Investment Management
Edinburgh,
United Kingdom
|
+$26.5M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$25.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$46.4M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$40.1M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$39.7M |
| 4 |
D.E. Shaw & Co
New York
|
-$31.8M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$25M |
BFH Hedge Fund Activity: Q4 2020 in Review
347 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Bread Financial (BFH) for Q4 2020, worth a combined $3.19B — up 94% from $1.64B a quarter earlier.
Buyers outnumbered sellers: 83 funds opened new BFH positions and 43 closed out — a net gain of 40 holders — while 93 added to existing stakes and 124 trimmed.
The largest buyer was Southpoint Capital Advisors, adding an estimated $109M. The largest seller was AQR Capital Management, cutting an estimated $46.4M.
- 347 institutional investors held Bread Financial (BFH) as of Q4 2020, up from 309 in Q3 2020.
- Funds reported $3.19B of Bread Financial stock for Q4 2020, up 94% quarter-over-quarter.
- 83 funds opened new Bread Financial positions in Q4 2020 and 43 closed out, a net change of +40 holders.
- The largest Bread Financial buyer in Q4 2020 was Southpoint Capital Advisors, an estimated $109M added.
- The largest Bread Financial seller in Q4 2020 was AQR Capital Management, an estimated $46.4M sold.
Based on aggregated 13F filings for Q4 2020.