Bread Financial
BFH
466 hedge funds and large institutions have $17.6B invested in Bread Financial in 2015 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 168 increasing their positions, 202 reducing their positions, and 57 closing their positions.
142% more call options, than puts
Call options by funds: $59.8M | Put options by funds: $24.8M
1.51% more ownership
Funds ownership: 117.01% → 118.53% (+1.5%)
3% more capital invested
Capital invested by funds: $17.1B → $17.6B (+$495M)
5% less funds holding
Funds holding: 493 → 466 (-27)
9% less funds holding in top 10
Funds holding in top 10: 23 → 21 (-2)
17% less repeat investments, than reductions
Existing positions increased: 168 | Existing positions reduced: 202
35% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 57
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$145M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$143M |
| 3 |
TCIM
TIAA CREF Investment Management
New York
|
+$72.3M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$61M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$109M |
| 2 |
Alkeon Capital Management
New York
|
-$95.3M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$81M |
| 4 |
Millennium Management
New York
|
-$62.3M |
| 5 |
SC
Samlyn Capital
New York
|
-$54.7M |
BFH Hedge Fund Activity: Q1 2015 in Review
466 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Bread Financial (BFH) for Q1 2015, worth a combined $17.6B — up 2.9% from $17.1B a quarter earlier.
Sellers outnumbered buyers: 57 funds closed out of BFH and 37 opened new positions — a net loss of 20 holders — while 202 trimmed existing stakes and 168 added.
The largest buyer was Fidelity Investments, adding an estimated $145M. The largest seller was Columbia Wanger Asset Management, exiting entirely with an estimated $109M sold.
- 466 institutional investors held Bread Financial (BFH) as of Q1 2015, down from 493 in Q4 2014.
- Funds reported $17.6B of Bread Financial stock for Q1 2015, up 2.9% quarter-over-quarter.
- 37 funds opened new Bread Financial positions in Q1 2015 and 57 closed out, a net change of -20 holders.
- The largest Bread Financial buyer in Q1 2015 was Fidelity Investments, an estimated $145M added.
- The largest Bread Financial seller in Q1 2015 was Columbia Wanger Asset Management, an estimated $109M sold.
Based on aggregated 13F filings for Q1 2015.