Bread Financial
262 hedge funds and large institutions have $1.76B invested in Bread Financial in 2023 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 95 increasing their positions, 86 reducing their positions, and 24 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
38% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 24
11% more capital invested
Capital invested by funds: $1.59B → $1.76B (+$174M)
10% more repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 86
3% more funds holding
Funds holding: 254 → 262 (+8)
1.61% more ownership
Funds ownership: 100.77% → 102.38% (+1.6%)
77% less call options, than puts
Call options by funds: $6.61M | Put options by funds: $28.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$23.2M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$22.3M |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$14.7M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$11M |
| 5 |
MMA
Mizuho Markets Americas
New York
|
+$10.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$51.1M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$23M |
| 3 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$19.1M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$17.7M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
-$6.66M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HT
276
Headlands Technologies
Chicago,
Illinois
| – | -$8.38K | -267 | Closed |
|
277
Fidelity International
Hamilton,
Bermuda
| – | -$4.11K | -131 | Closed |
|
|
BTI
278
Blue Trust Inc
Alpharetta,
Georgia
| – | -$3K | -100 | Closed |
|
|
HV
279
HST Ventures
Park City,
Utah
| – | -$3.14K | -100 | Closed |
|
|
FHA
280
First Horizon Advisors
Memphis,
Tennessee
| – | -$848 | -27 | Closed |
|
|
DI
281
Disciplined Investments
Tulsa,
Oklahoma
| – | -$283 | -9 | Closed |
|
|
RI
282
Ridgewood Investments
Springfield,
New Jersey
| – | -$64 | -2 | Closed |
|
|
SFG
283
Steward Financial Group
Colleyville,
Texas
| – | +$1.5K | +41 | New |
|
BFH Hedge Fund Activity: Q3 2023 in Review
262 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Bread Financial (BFH) for Q3 2023, worth a combined $1.76B — up 11% from $1.59B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new BFH positions and 24 closed out — a net gain of 9 holders — while 95 added to existing stakes and 86 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $23.2M. The largest seller was Franklin Resources, cutting an estimated $51.1M.
- 262 institutional investors held Bread Financial (BFH) as of Q3 2023, up from 254 in Q2 2023.
- Funds reported $1.76B of Bread Financial stock for Q3 2023, up 11% quarter-over-quarter.
- 33 funds opened new Bread Financial positions in Q3 2023 and 24 closed out, a net change of +9 holders.
- The largest Bread Financial buyer in Q3 2023 was Arrowstreet Capital, an estimated $23.2M added.
- The largest Bread Financial seller in Q3 2023 was Franklin Resources, an estimated $51.1M sold.
Based on aggregated 13F filings for Q3 2023.