Bread Financial
476 hedge funds and large institutions have $17B invested in Bread Financial in 2015 Q2 according to their latest regulatory filings, with 51 funds opening new positions, 149 increasing their positions, 198 reducing their positions, and 38 closing their positions.
41% more call options, than puts
Call options by funds: $43.9M | Put options by funds: $31.2M
34% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 38
2% more funds holding
Funds holding: 466 → 476 (+10)
0.32% more ownership
Funds ownership: 118.53% → 118.85% (+0.32%)
3% less capital invested
Capital invested by funds: $17.6B → $17B (-$513M)
10% less funds holding in top 10
Funds holding in top 10: 21 → 19 (-2)
25% less repeat investments, than reductions
Existing positions increased: 149 | Existing positions reduced: 198
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CG
Carmignac Gestion
Paris,
France
|
+$293M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$272M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$81.2M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$54M |
| 5 |
CC
Crosslink Capital
Menlo Park,
California
|
+$52.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$173M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$106M |
| 3 |
JP Morgan Chase
New York
|
-$86.4M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$60M |
| 5 |
State Street
Boston,
Massachusetts
|
-$46.9M |
BFH Hedge Fund Activity: Q2 2015 in Review
476 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Bread Financial (BFH) for Q2 2015, worth a combined $17B — down 2.9% from $17.6B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new BFH positions and 38 closed out — a net gain of 13 holders — while 149 added to existing stakes and 198 trimmed.
The largest buyer was Carmignac Gestion, opening a new position worth an estimated $293M. The largest seller was Waddell & Reed Financial, cutting an estimated $173M.
- 476 institutional investors held Bread Financial (BFH) as of Q2 2015, up from 466 in Q1 2015.
- Funds reported $17B of Bread Financial stock for Q2 2015, down 2.9% quarter-over-quarter.
- 51 funds opened new Bread Financial positions in Q2 2015 and 38 closed out, a net change of +13 holders.
- The largest Bread Financial buyer in Q2 2015 was Carmignac Gestion, an estimated $293M added.
- The largest Bread Financial seller in Q2 2015 was Waddell & Reed Financial, an estimated $173M sold.
Based on aggregated 13F filings for Q2 2015.