Bread Financial
286 hedge funds and large institutions have $1.79B invested in Bread Financial in 2022 Q2 according to their latest regulatory filings, with 46 funds opening new positions, 120 increasing their positions, 72 reducing their positions, and 61 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 72
5.3% more ownership
Funds ownership: 91.6% → 96.9% (+5.3%)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
7% less funds holding
Funds holding: 307 → 286 (-21)
25% less first-time investments, than exits
New positions opened: 46 | Existing positions closed: 61
30% less call options, than puts
Call options by funds: $12.6M | Put options by funds: $18.1M
30% less capital invested
Capital invested by funds: $2.57B → $1.79B (-$781M)
Top Buyers
| 1 |
TCAM
Turtle Creek Asset Management
Toronto,
Ontario, Canada
|
+$69.6M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$60.2M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$36.8M |
| 4 |
N
Natixis
Paris,
France
|
+$26.8M |
| 5 |
Goldman Sachs
New York
|
+$21M |
Top Sellers
| 1 |
HVCM
HG Vora Capital Management
New York
|
-$140M |
| 2 |
SCA
Southpoint Capital Advisors
New York
|
-$121M |
| 3 |
BlackRock
New York
|
-$31.1M |
| 4 |
Pacer Advisors
Malvern,
Pennsylvania
|
-$24.9M |
| 5 |
BCM
Basswood Capital Management
New York
|
-$15.2M |
BFH Hedge Fund Activity: Q2 2022 in Review
286 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Bread Financial (BFH) for Q2 2022, worth a combined $1.79B — down 30% from $2.57B a quarter earlier.
Sellers outnumbered buyers: 61 funds closed out of BFH and 46 opened new positions — a net loss of 15 holders — while 72 trimmed existing stakes and 120 added.
The largest buyer was Turtle Creek Asset Management, adding an estimated $69.6M. The largest seller was HG Vora Capital Management, exiting entirely with an estimated $140M sold.
- 286 institutional investors held Bread Financial (BFH) as of Q2 2022, down from 307 in Q1 2022.
- Funds reported $1.79B of Bread Financial stock for Q2 2022, down 30% quarter-over-quarter.
- 46 funds opened new Bread Financial positions in Q2 2022 and 61 closed out, a net change of -15 holders.
- The largest Bread Financial buyer in Q2 2022 was Turtle Creek Asset Management, an estimated $69.6M added.
- The largest Bread Financial seller in Q2 2022 was HG Vora Capital Management, an estimated $140M sold.
Based on aggregated 13F filings for Q2 2022.