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Bread Financial

530 hedge funds and large institutions have $12.2B invested in Bread Financial in 2018 Q2 according to their latest regulatory filings, with 54 funds opening new positions, 187 increasing their positions, 192 reducing their positions, and 71 closing their positions.

New
Increased
Maintained
Reduced
Closed

21% more funds holding in top 10

Funds holding in top 10: 1923 (+4)

9% more capital invested

Capital invested by funds: $11.2B → $12.2B (+$958M)

0.98% less ownership

Funds ownership: 119.13%118.14% (-0.98%)

3% less repeat investments, than reductions

Existing positions increased: 187 | Existing positions reduced: 192

3% less call options, than puts

Call options by funds: $89M | Put options by funds: $91.9M

4% less funds holding

Funds holding: 554530 (-24)

24% less first-time investments, than exits

New positions opened: 54 | Existing positions closed: 71

Holders
530
Holders Change
-24
Holders Change %
-4.33%
% of All Funds
12.13%
Holding in Top 10
23
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+21.05%
% of All Funds
0.53%
New
54
Increased
187
Reduced
192
Closed
71
Calls
$89M
Puts
$91.9M
Net Calls
-$2.93M
Net Calls Change
+$12.7M
Name Holding Trade Value Shares
Change
Change in
Stake
LC
101
Lunia Capital
Texas
$13M -$3.64M -21,287 -23%
GF
102
Greenhouse Funds
Maryland
$12.7M +$11.7M +68,414 New
Prudential Financial
103
Prudential Financial
New Jersey
$12.5M -$192K -1,122 -2%
State of Wisconsin Investment Board
104
State of Wisconsin Investment Board
Wisconsin
$12.5M -$1.24M -7,234 -10%
Royal Bank of Canada
105
Royal Bank of Canada
Ontario, Canada
$12.3M -$439K -2,572 -4%
BGIM
106
Brandywine Global Investment Management
Pennsylvania
$12.3M -$136K -794 -1%
OA
107
Oak Associates
Ohio
$12.2M +$212K +1,240 +2%
GC
108
Guggenheim Capital
Illinois
$12.2M -$42.4M -248,094 -79%
DIA
109
Davidson Investment Advisors
Montana
$11.8M +$2.57M +15,046 +31%
CI Investments Inc
110
CI Investments Inc
Ontario, Canada
$11.4M +$10.5M +61,397 New
HP
111
Hosking Partners
United Kingdom
$11.3M +$73.3K +429 +0.7%
Man Group
112
Man Group
United Kingdom
$11.2M +$2.24M +13,123 +28%
Millennium Management
113
Millennium Management
New York
$10.8M -$75.5M -441,868 -88%
1M
114
13D Management
New York
$10.8M
Manulife (Manufacturers Life Insurance)
115
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$10.6M -$98.6K -577 -1%
PL
116
Parkwood LLC
Ohio
$10.2M -$2.71M -15,859 -22%
HSBC Holdings
117
HSBC Holdings
United Kingdom
$10M -$565K -3,308 -6%
MSL
118
Mackay Shields LLC
New York
$9.99M -$9.42M -55,169 -51%
Marshall Wace
119
Marshall Wace
United Kingdom
$9.97M +$9.15M +53,582 New
RCM
120
Riverpark Capital Management
New York
$9.92M -$3.14M -18,367 -26%
WMSA
121
Weiss Multi-Strategy Advisers
New York
$9.91M +$8.39M +49,127 +1,191%
AAMU
122
Amundi Asset Management US
Massachusetts
$9.59M +$690K +4,041 +9%
Chevy Chase Trust
123
Chevy Chase Trust
Maryland
$9.51M -$36.7K -215 -0.4%
TIM
124
Thompson Investment Management
Wisconsin
$9.29M +$366K +2,142 +4%
Canada Life
125
Canada Life
Manitoba, Canada
$9.19M +$807K +4,726 +11%

BFH Hedge Fund Activity: Q2 2018 in Review

530 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Bread Financial (BFH) for Q2 2018, worth a combined $12.2B — up 8.5% from $11.2B a quarter earlier.

Sellers outnumbered buyers: 71 funds closed out of BFH and 54 opened new positions — a net loss of 17 holders — while 192 trimmed existing stakes and 187 added.

The largest buyer was JP Morgan Chase, adding an estimated $273M. The largest seller was Edgewood Management, exiting entirely with an estimated $522M sold.

  • 530 institutional investors held Bread Financial (BFH) as of Q2 2018, down from 554 in Q1 2018.
  • Funds reported $12.2B of Bread Financial stock for Q2 2018, up 8.5% quarter-over-quarter.
  • 54 funds opened new Bread Financial positions in Q2 2018 and 71 closed out, a net change of -17 holders.
  • The largest Bread Financial buyer in Q2 2018 was JP Morgan Chase, an estimated $273M added.
  • The largest Bread Financial seller in Q2 2018 was Edgewood Management, an estimated $522M sold.

Based on aggregated 13F filings for Q2 2018.