Bread Financial
      
      
    
  328 hedge funds and large institutions have $1.39B invested in Bread Financial in 2020 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 129 increasing their positions, 107 reducing their positions, and 154 closing their positions.
New
  Increased
  Maintained
  Reduced
  Closed
  more repeat investments, than reductions
Existing positions increased: | Existing positions reduced:
less ownership
Funds ownership: →
less funds holding
Funds holding: →
less call options, than puts
Call options by funds: $ | Put options by funds: $
50% less funds holding in top 10
Funds holding in top 10: 12 → 6 (-6)
71% less capital invested
Capital invested by funds: $4.88B → $1.39B (-$3.49B)
72% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 154
    
      Holders
    
  
  
    
      
        
      
        328
      
    
      
    
  
    
      Holding in Top 10
    
  
  
    
      
        
      
        6
      
    
      
    
  
    
      Calls
    
  
  
    
      
        
      
        $22.6M
      
    
      
    
  
    
      Puts
    
  
  
    
      
        
      
        $33.4M
      
    
      
    
  
Top Buyers
| 1 | +$38.2M | |
| 2 | +$31.8M | |
| 3 | +$31.5M | |
| 4 | 
    TCAM
   
      Turtle Creek Asset Management
     
      
        Toronto,
      
      
        Ontario, Canada
      
     | +$28.3M | 
| 5 | 
    TSW
   
      Thompson Siegel & Walmsley
     
      
        Richmond,
      
      
        Virginia
      
     | +$22.5M | 
Top Sellers
| 1 | -$153M | |
| 2 | -$62.9M | |
| 3 | -$53.8M | |
| 4 | 
    VH
   
      ValueAct Holdings
     
      
        San Francisco,
      
      
        California
      
     | -$37M | 
| 5 | 
      Renaissance Technologies
     
      
      
        New York
      
     | -$28.9M |