Bread Financial
511 hedge funds and large institutions have $10.6B invested in Bread Financial in 2016 Q2 according to their latest regulatory filings, with 71 funds opening new positions, 180 increasing their positions, 189 reducing their positions, and 71 closing their positions.
0% more first-time investments, than exits
New positions opened: 71 | Existing positions closed: 71
5% less repeat investments, than reductions
Existing positions increased: 180 | Existing positions reduced: 189
1% less funds holding
Funds holding: 518 → 511 (-7)
4.49% less ownership
Funds ownership: 119.7% → 115.21% (-4.5%)
9% less capital invested
Capital invested by funds: $11.6B → $10.6B (-$997M)
10% less funds holding in top 10
Funds holding in top 10: 20 → 18 (-2)
53% less call options, than puts
Call options by funds: $78.3M | Put options by funds: $167M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VH
ValueAct Holdings
San Francisco,
California
|
+$573M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$151M |
| 3 |
JP
Jana Partners
New York
|
+$141M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$112M |
| 5 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
+$80.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal London Asset Management
United Kingdom
|
-$680M |
| 2 |
AIM
abrdn Investment Management
Edinburgh,
United Kingdom
|
-$316M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$288M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$187M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$63M |
BFH Hedge Fund Activity: Q2 2016 in Review
511 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Bread Financial (BFH) for Q2 2016, worth a combined $10.6B — down 8.6% from $11.6B a quarter earlier.
Fund positioning in BFH was balanced in Q2 2016: 71 funds opened new positions, 71 closed out, 180 added to existing stakes and 189 trimmed.
The largest buyer was ValueAct Holdings, adding an estimated $573M. The largest seller was Royal London Asset Management, cutting an estimated $680M.
- 511 institutional investors held Bread Financial (BFH) as of Q2 2016, down from 518 in Q1 2016.
- Funds reported $10.6B of Bread Financial stock for Q2 2016, down 8.6% quarter-over-quarter.
- 71 funds opened new Bread Financial positions in Q2 2016 and 71 closed out, a net change of 0 holders.
- The largest Bread Financial buyer in Q2 2016 was ValueAct Holdings, an estimated $573M added.
- The largest Bread Financial seller in Q2 2016 was Royal London Asset Management, an estimated $680M sold.
Based on aggregated 13F filings for Q2 2016.