Bread Financial
426 hedge funds and large institutions have $13B invested in Bread Financial in 2013 Q3 according to their latest regulatory filings, with 51 funds opening new positions, 133 increasing their positions, 195 reducing their positions, and 25 closing their positions.
104% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 25
6% more funds holding
Funds holding: 403 → 426 (+23)
0% more funds holding in top 10
Funds holding in top 10: 24 → 24 (0)
7% less capital invested
Capital invested by funds: $14B → $13B (-$1.01B)
32% less repeat investments, than reductions
Existing positions increased: 133 | Existing positions reduced: 195
32.38% less ownership
Funds ownership: 191.5% → 159.12% (-32%)
85% less call options, than puts
Call options by funds: $44.1M | Put options by funds: $286M
Top Buyers
Top Sellers
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$2.38B |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$263M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$77.9M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$41.5M |
| 5 |
KeyBank National Association
Cleveland,
Ohio
|
-$39.3M |
BFH Hedge Fund Activity: Q3 2013 in Review
426 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Bread Financial (BFH) for Q3 2013, worth a combined $13B — down 7.2% from $14B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new BFH positions and 25 closed out — a net gain of 26 holders — while 133 added to existing stakes and 195 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $64.1M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $2.38B.
- 426 institutional investors held Bread Financial (BFH) as of Q3 2013, up from 403 in Q2 2013.
- Funds reported $13B of Bread Financial stock for Q3 2013, down 7.2% quarter-over-quarter.
- 51 funds opened new Bread Financial positions in Q3 2013 and 25 closed out, a net change of +26 holders.
- The largest Bread Financial buyer in Q3 2013 was JP Morgan Chase, an estimated $64.1M added.
- The largest Bread Financial seller in Q3 2013 was BNP Paribas Financial Markets, an estimated $2.38B sold.
Based on aggregated 13F filings for Q3 2013.