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Bread Financial

386 hedge funds and large institutions have $4.97B invested in Bread Financial in 2021 Q2 according to their latest regulatory filings, with 49 funds opening new positions, 131 increasing their positions, 132 reducing their positions, and 41 closing their positions.

New
Increased
Maintained
Reduced
Closed

202% more call options, than puts

Call options by funds: $362M | Put options by funds: $120M

20% more first-time investments, than exits

New positions opened: 49 | Existing positions closed: 41

1.84% more ownership

Funds ownership: 118.68%120.52% (+1.8%)

1% more funds holding

Funds holding: 383386 (+3)

1% less repeat investments, than reductions

Existing positions increased: 131 | Existing positions reduced: 132

6% less capital invested

Capital invested by funds: $5.26B → $4.97B (-$291M)

27% less funds holding in top 10

Funds holding in top 10: 1511 (-4)

Holders
386
Holders Change
+3
Holders Change %
+0.78%
% of All Funds
6.72%
Holding in Top 10
11
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-26.67%
% of All Funds
0.19%
New
49
Increased
131
Reduced
132
Closed
41
Calls
$362M
Puts
$120M
Net Calls
+$243M
Net Calls Change
+$213M
Name Holding Trade Value Shares
Change
Change in
Stake
N
26
Nuveen
North Carolina
$45.9M +$33M +365,217 +196%
KC
27
Kize Capital
New York
$41.3M -$2.45M -27,067 -5%
LSV Asset Management
28
LSV Asset Management
Illinois
$41.2M +$397K +4,386 +0.9%
Citadel Advisors
29
Citadel Advisors
Florida
$36.9M +$36.6M +404,393 +1,013%
Ninety One (UK)
30
Ninety One (UK)
United Kingdom
$36.4M -$399K -4,410 -1%
Charles Schwab
31
Charles Schwab
California
$35.5M +$384K +4,250 +1%
Ensign Peak Advisors
32
Ensign Peak Advisors
Utah
$35.3M -$12.3M -135,796 -24%
AL
33
Appaloosa LP
New Jersey
$33.9M -$15.6M -172,288 -30%
CCM
34
Check Capital Management
California
$33.2M +$416K +4,594 +1%
CC
35
Chicago Capital
Illinois
$27.3M -$18.8M -207,651 -39%
Wells Fargo
36
Wells Fargo
California
$26.7M -$4.37M -48,347 -13%
Invesco
37
Invesco
Georgia
$26.3M +$15.8M +174,960 +124%
Nomura Holdings
38
Nomura Holdings
Japan
$25.7M -$2.36M -26,062 -8%
AQR Capital Management
39
AQR Capital Management
Connecticut
$25.5M -$3.59M -39,684 -11%
Deutsche Bank
40
Deutsche Bank
Germany
$25M -$34.8M -384,149 -56%
Grantham, Mayo, Van Otterloo & Co (GMO)
41
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$24M +$669K +7,393 +3%
Point72 Asset Management
42
Point72 Asset Management
Connecticut
$22.7M -$1.13M -12,530 -4%
N
43
Natixis
France
$22.1M -$16.3M -180,143 -40%
Two Sigma Investments
44
Two Sigma Investments
New York
$21.2M -$3.53M -39,059 -13%
Connor, Clark & Lunn Investment Management (CC&L)
45
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$20.3M +$712K +7,865 +3%
Bank of America
46
Bank of America
North Carolina
$19.9M -$5.59M -61,775 -21%
JAM
47
Jupiter Asset Management
United Kingdom
$19.3M -$7.31M -80,829 -26%
PI
48
Putnam Investments
Massachusetts
$18.6M -$48M -530,687 -70%
HCM
49
Hitchwood Capital Management
New York
$18.4M +$7.5M +82,900 +60%
Alyeska Investment Group
50
Alyeska Investment Group
Illinois
$17.7M -$667K -7,370 -3%

BFH Hedge Fund Activity: Q2 2021 in Review

386 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Bread Financial (BFH) for Q2 2021, worth a combined $4.97B — down 5.5% from $5.26B a quarter earlier.

Buyers outnumbered sellers: 49 funds opened new BFH positions and 41 closed out — a net gain of 8 holders — while 131 added to existing stakes and 132 trimmed.

The largest buyer was Palestra Capital Management, adding an estimated $186M. The largest seller was Jericho Capital Asset Management, exiting entirely with an estimated $92.6M sold.

  • 386 institutional investors held Bread Financial (BFH) as of Q2 2021, up from 383 in Q1 2021.
  • Funds reported $4.97B of Bread Financial stock for Q2 2021, down 5.5% quarter-over-quarter.
  • 49 funds opened new Bread Financial positions in Q2 2021 and 41 closed out, a net change of +8 holders.
  • The largest Bread Financial buyer in Q2 2021 was Palestra Capital Management, an estimated $186M added.
  • The largest Bread Financial seller in Q2 2021 was Jericho Capital Asset Management, an estimated $92.6M sold.

Based on aggregated 13F filings for Q2 2021.