Bread Financial
555 hedge funds and large institutions have $11.2B invested in Bread Financial in 2018 Q1 according to their latest regulatory filings, with 87 funds opening new positions, 193 increasing their positions, 184 reducing their positions, and 62 closing their positions.
40% more first-time investments, than exits
New positions opened: 87 | Existing positions closed: 62
4% more funds holding
Funds holding: 536 → 555 (+19)
5% more repeat investments, than reductions
Existing positions increased: 193 | Existing positions reduced: 184
0.97% less ownership
Funds ownership: 120.1% → 119.13% (-0.97%)
16% less capital invested
Capital invested by funds: $13.3B → $11.2B (-$2.07B)
21% less funds holding in top 10
Funds holding in top 10: 24 → 19 (-5)
30% less call options, than puts
Call options by funds: $36.7M | Put options by funds: $52.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Viking Global Investors
Stamford,
Connecticut
|
+$443M |
| 2 |
AVC
Arlington Value Capital
Salt Lake City,
Utah
|
+$157M |
| 3 |
JP Morgan Chase
New York
|
+$155M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$117M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
+$115M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UIM
USS Investment Management
London,
United Kingdom
|
-$172M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$149M |
| 3 |
AssetMark Inc
Concord,
California
|
-$126M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$116M |
| 5 |
Edgewood Management
Greenwich,
Connecticut
|
-$111M |
BFH Hedge Fund Activity: Q1 2018 in Review
555 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Bread Financial (BFH) for Q1 2018, worth a combined $11.2B — down 16% from $13.3B a quarter earlier.
Buyers outnumbered sellers: 87 funds opened new BFH positions and 62 closed out — a net gain of 25 holders — while 193 added to existing stakes and 184 trimmed.
The largest buyer was Viking Global Investors, adding an estimated $443M. The largest seller was USS Investment Management, exiting entirely with an estimated $172M sold.
- 555 institutional investors held Bread Financial (BFH) as of Q1 2018, up from 536 in Q4 2017.
- Funds reported $11.2B of Bread Financial stock for Q1 2018, down 16% quarter-over-quarter.
- 87 funds opened new Bread Financial positions in Q1 2018 and 62 closed out, a net change of +25 holders.
- The largest Bread Financial buyer in Q1 2018 was Viking Global Investors, an estimated $443M added.
- The largest Bread Financial seller in Q1 2018 was USS Investment Management, an estimated $172M sold.
Based on aggregated 13F filings for Q1 2018.