Bread Financial
255 hedge funds and large institutions have $1.55B invested in Bread Financial in 2023 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 89 increasing their positions, 92 reducing their positions, and 38 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
3% less repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 92
2.19% less ownership
Funds ownership: 103.46% → 101.28% (-2.2%)
5% less funds holding
Funds holding: 268 → 255 (-13)
18% less capital invested
Capital invested by funds: $1.89B → $1.55B (-$349M)
26% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 38
53% less call options, than puts
Call options by funds: $10.5M | Put options by funds: $22.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$96.1M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$31.1M |
| 3 |
TCAM
Turtle Creek Asset Management
Toronto,
Ontario, Canada
|
+$25.4M |
| 4 |
Morgan Stanley
New York
|
+$15.7M |
| 5 |
Millennium Management
New York
|
+$15.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$116M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$33.9M |
| 3 |
UBS AM
Chicago,
Illinois
|
-$29M |
| 4 |
KHCM
Kettle Hill Capital Management
New York
|
-$17.9M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$17.9M |
BFH Hedge Fund Activity: Q1 2023 in Review
255 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Bread Financial (BFH) for Q1 2023, worth a combined $1.55B — down 18% from $1.89B a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of BFH and 28 opened new positions — a net loss of 10 holders — while 92 trimmed existing stakes and 89 added.
The largest buyer was Wellington Management Group, adding an estimated $96.1M. The largest seller was Fidelity Investments, cutting an estimated $116M.
- 255 institutional investors held Bread Financial (BFH) as of Q1 2023, down from 268 in Q4 2022.
- Funds reported $1.55B of Bread Financial stock for Q1 2023, down 18% quarter-over-quarter.
- 28 funds opened new Bread Financial positions in Q1 2023 and 38 closed out, a net change of -10 holders.
- The largest Bread Financial buyer in Q1 2023 was Wellington Management Group, an estimated $96.1M added.
- The largest Bread Financial seller in Q1 2023 was Fidelity Investments, an estimated $116M sold.
Based on aggregated 13F filings for Q1 2023.