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Bread Financial

383 hedge funds and large institutions have $5.26B invested in Bread Financial in 2021 Q1 according to their latest regulatory filings, with 92 funds opening new positions, 102 increasing their positions, 121 reducing their positions, and 55 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more first-time investments, than exits

New positions opened: 92 | Existing positions closed: 55

65% more capital invested

Capital invested by funds: $3.19B → $5.26B (+$2.08B)

38% more call options, than puts

Call options by funds: $106M | Put options by funds: $76.5M

25% more funds holding in top 10

Funds holding in top 10: 1215 (+3)

10% more funds holding

Funds holding: 347383 (+36)

5.54% more ownership

Funds ownership: 113.14%118.68% (+5.5%)

16% less repeat investments, than reductions

Existing positions increased: 102 | Existing positions reduced: 121

Holders
383
Holders Change
+36
Holders Change %
+10.37%
% of All Funds
6.73%
Holding in Top 10
15
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+25%
% of All Funds
0.26%
New
92
Increased
102
Reduced
121
Closed
55
Calls
$106M
Puts
$76.5M
Net Calls
+$29.1M
Net Calls Change
-$5.77M
Name Holding Trade Value Shares
Change
Change in
Stake
Norges Bank
26
Norges Bank
Norway
$55.5M -$12.1M -169,124 -21%
AL
27
Appaloosa LP
New Jersey
$51.8M +$1.12M +15,663 +3%
Ensign Peak Advisors
28
Ensign Peak Advisors
Utah
$50.1M +$26.2M +364,614 +186%
CC
29
Chicago Capital
Illinois
$47.9M +$2.8M +38,975 +8%
KC
30
Kize Capital
New York
$46.9M -$6.37M -88,713 -14%
LSV Asset Management
31
LSV Asset Management
Illinois
$44M +$1.78M +24,809 +5%
N
32
Natixis
France
$39.9M +$13.4M +186,135 +72%
Ninety One (UK)
33
Ninety One (UK)
United Kingdom
$39.5M -$194K -2,708 -0.6%
PAM
34
Panagora Asset Management
Massachusetts
$39M +$6.93M +96,523 +28%
Charles Schwab
35
Charles Schwab
California
$37.8M +$1.03M +14,335 +4%
CCM
36
Check Capital Management
California
$35.3M -$176K -2,450 -0.6%
Wells Fargo
37
Wells Fargo
California
$33.1M +$18M +250,231 +209%
Principal Financial Group
38
Principal Financial Group
Iowa
$32.6M +$3.58M +49,881 +16%
AQR Capital Management
39
AQR Capital Management
Connecticut
$31.1M -$21.8M -303,691 -47%
Nomura Holdings
40
Nomura Holdings
Japan
$30.1M +$18.5M +257,269 +334%
PGP
41
Prescott General Partners
Florida
$29.7M
JAM
42
Jupiter Asset Management
United Kingdom
$28.1M +$19.2M +267,054 +578%
Bank of America
43
Bank of America
North Carolina
$26.9M +$1.64M +22,868 +8%
Two Sigma Investments
44
Two Sigma Investments
New York
$26.4M -$13.4M -186,311 -39%
Point72 Asset Management
45
Point72 Asset Management
Connecticut
$25.5M -$52.4M -729,711 -72%
First Trust Advisors
46
First Trust Advisors
Illinois
$25.5M +$13.2M +183,730 +182%
Grantham, Mayo, Van Otterloo & Co (GMO)
47
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$25.1M -$3.22M -44,857 -14%
Voloridge Investment Management
48
Voloridge Investment Management
Florida
$24.5M +$16M +222,503 +435%
JP Morgan Chase
49
JP Morgan Chase
New York
$21.7M +$7.69M +107,192 +79%
Connor, Clark & Lunn Investment Management (CC&L)
50
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$21.1M -$927K -12,918 -5%

BFH Hedge Fund Activity: Q1 2021 in Review

383 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Bread Financial (BFH) for Q1 2021, worth a combined $5.26B — up 65% from $3.19B a quarter earlier.

Buyers outnumbered sellers: 92 funds opened new BFH positions and 55 closed out — a net gain of 37 holders — while 102 added to existing stakes and 121 trimmed.

The largest buyer was Palestra Capital Management, opening a new position worth an estimated $155M. The largest seller was Point72 Asset Management, cutting an estimated $52.4M.

  • 383 institutional investors held Bread Financial (BFH) as of Q1 2021, up from 347 in Q4 2020.
  • Funds reported $5.26B of Bread Financial stock for Q1 2021, up 65% quarter-over-quarter.
  • 92 funds opened new Bread Financial positions in Q1 2021 and 55 closed out, a net change of +37 holders.
  • The largest Bread Financial buyer in Q1 2021 was Palestra Capital Management, an estimated $155M added.
  • The largest Bread Financial seller in Q1 2021 was Point72 Asset Management, an estimated $52.4M sold.

Based on aggregated 13F filings for Q1 2021.