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Bread Financial

347 hedge funds and large institutions have $3.19B invested in Bread Financial in 2020 Q4 according to their latest regulatory filings, with 83 funds opening new positions, 93 increasing their positions, 124 reducing their positions, and 43 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more funds holding in top 10

Funds holding in top 10: 412 (+8)

94% more capital invested

Capital invested by funds: $1.64B → $3.19B (+$1.54B)

93% more first-time investments, than exits

New positions opened: 83 | Existing positions closed: 43

59% more call options, than puts

Call options by funds: $93.6M | Put options by funds: $58.7M

12% more funds holding

Funds holding: 309347 (+38)

10.36% more ownership

Funds ownership: 102.78%113.14% (+10%)

25% less repeat investments, than reductions

Existing positions increased: 93 | Existing positions reduced: 124

Holders
347
Holders Change
+38
Holders Change %
+12.3%
% of All Funds
6.14%
Holding in Top 10
12
Holding in Top 10 Change
+8
Holding in Top 10 Change %
+200%
% of All Funds
0.21%
New
83
Increased
93
Reduced
124
Closed
43
Calls
$93.6M
Puts
$58.7M
Net Calls
+$34.9M
Net Calls Change
+$28.4M
Name Holding Trade Value Shares
Change
Change in
Stake
FCM
51
Frontier Capital Management
Massachusetts
$12.2M -$796K -15,837 -7%
TIM
52
Thompson Investment Management
Wisconsin
$12.2M -$490K -9,746 -5%
Squarepoint
53
Squarepoint
New York
$12.2M +$777K +15,460 +8%
N
54
Nuveen
North Carolina
$11.6M +$336K +6,681 +4%
Ensign Peak Advisors
55
Ensign Peak Advisors
Utah
$11.6M +$9.4M +187,024 +2,163%
Holocene Advisors
56
Holocene Advisors
New York
$11.2M +$4.48M +89,062 +88%
Invesco
57
Invesco
Georgia
$10.2M -$39.7M -789,900 -82%
RhumbLine Advisers
58
RhumbLine Advisers
Massachusetts
$9.66M +$614K +12,211 +8%
MC
59
Muhlenkamp & Co
Pennsylvania
$9.27M +$52.3K +1,041 +0.7%
Renaissance Technologies
60
Renaissance Technologies
New York
$9.23M -$12.3M -243,834 -61%
UBS AM
61
UBS AM
Illinois
$8.98M +$722K +14,357 +10%
BC
62
Beaconlight Capital
New York
$8.71M +$7.41M +147,330 New
Ameriprise
63
Ameriprise
Minnesota
$8.39M -$793K -15,784 -10%
Robeco Institutional Asset Management
64
Robeco Institutional Asset Management
Netherlands
$8.34M -$104K -2,065 -1%
SAM
65
Storebrand Asset Management
Norway
$8.19M -$436K -8,677 -6%
California Public Employees Retirement System
66
California Public Employees Retirement System
California
$8.17M +$135K +2,694 +2%
JP Morgan Chase
67
JP Morgan Chase
New York
$8.02M +$24.8K +494 +0.4%
UBS Group
68
UBS Group
Switzerland
$7.83M +$986K +19,610 +17%
Swiss National Bank
69
Swiss National Bank
Switzerland
$7.6M
Wells Fargo
70
Wells Fargo
California
$7.07M -$4.19M -83,280 -41%
State of Tennessee, Department of Treasury
71
State of Tennessee, Department of Treasury
Tennessee
$7.05M -$932K -18,538 -13%
Legal & General Group
72
Legal & General Group
United Kingdom
$6.94M -$56.3K -1,120 -0.9%
Jacobs Levy Equity Management
73
Jacobs Levy Equity Management
New Jersey
$6.82M +$1.27M +25,272 +28%
CS
74
Credit Suisse
Switzerland
$6.67M +$117K +2,332 +2%
Two Sigma Advisers
75
Two Sigma Advisers
New York
$6.55M +$5.56M +110,711 New

BFH Hedge Fund Activity: Q4 2020 in Review

347 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Bread Financial (BFH) for Q4 2020, worth a combined $3.19B — up 94% from $1.64B a quarter earlier.

Buyers outnumbered sellers: 83 funds opened new BFH positions and 43 closed out — a net gain of 40 holders — while 93 added to existing stakes and 124 trimmed.

The largest buyer was Southpoint Capital Advisors, adding an estimated $109M. The largest seller was AQR Capital Management, cutting an estimated $46.4M.

  • 347 institutional investors held Bread Financial (BFH) as of Q4 2020, up from 309 in Q3 2020.
  • Funds reported $3.19B of Bread Financial stock for Q4 2020, up 94% quarter-over-quarter.
  • 83 funds opened new Bread Financial positions in Q4 2020 and 43 closed out, a net change of +40 holders.
  • The largest Bread Financial buyer in Q4 2020 was Southpoint Capital Advisors, an estimated $109M added.
  • The largest Bread Financial seller in Q4 2020 was AQR Capital Management, an estimated $46.4M sold.

Based on aggregated 13F filings for Q4 2020.