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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
CSS
76
Cubist Systematic Strategies
Connecticut
$6.54M -$6.09M -121,225 -52%
Deutsche Bank
77
Deutsche Bank
Germany
$6.32M +$4.31M +85,742 +405%
BBVA
78
Banco Bilbao Vizcaya Argentaria
Spain
$6.13M +$2.37M +47,218 +84%
California State Teachers Retirement System (CalSTRS)
79
California State Teachers Retirement System (CalSTRS)
California
$6.11M -$210K -4,184 -4%
Group One Trading
80
Group One Trading
Illinois
$6.05M +$5.03M +100,029 +4,267%
First Trust Advisors
81
First Trust Advisors
Illinois
$5.97M +$2.29M +45,656 +83%
EAM
82
Erste Asset Management
Austria
$5.96M -$2.2M -43,855 -29%
Royal Bank of Canada
83
Royal Bank of Canada
Ontario, Canada
$5.95M +$4.65M +92,464 +1,127%
AllianceBernstein
84
AllianceBernstein
Tennessee
$5.8M -$1.45M -28,810 -23%
AA
85
Ancora Advisors
Ohio
$5.8M +$4.92M +97,831 +31,457%
New York State Common Retirement Fund
86
New York State Common Retirement Fund
New York
$5.77M -$271K -5,388 -5%
QI
87
QS Investors
New York
$5.49M +$4.31M +85,828 +1,223%
CIM
88
Courant Investment Management
Tennessee
$5.33M
Federated Hermes
89
Federated Hermes
Pennsylvania
$5.17M -$4.07M -80,906 -48%
Comerica Bank
90
Comerica Bank
Texas
$4.98M -$246K -4,901 -5%
TAM
91
Toscafund Asset Management
United Kingdom
$4.94M +$4.2M +83,530 New
AG
92
Aperio Group
California
$4.93M +$133K +2,650 +3%
Wellington Management Group
93
Wellington Management Group
Massachusetts
$4.84M -$1.42M -28,338 -26%
Retirement Systems of Alabama
94
Retirement Systems of Alabama
Alabama
$4.61M -$5.58K -111 -0.1%
Nomura Holdings
95
Nomura Holdings
Japan
$4.55M +$942K +18,742 +32%
HCMT
96
Highland Capital Management (Tennessee)
Tennessee
$4.54M +$3.86M +76,796 New
State Board of Administration of Florida Retirement System
97
State Board of Administration of Florida Retirement System
Florida
$4.52M +$63.9K +1,272 +2%
New York State Teachers Retirement System (NYSTRS)
98
New York State Teachers Retirement System (NYSTRS)
New York
$4.49M +$340K +6,766 +10%
BGIM
99
Brandywine Global Investment Management
Pennsylvania
$4.44M +$3.77M +75,007 New
BCM
100
Brooktree Capital Management
Michigan
$4.36M +$132K +2,617 +4%

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.