Bread Financial
451 hedge funds and large institutions have $5.39B invested in Bread Financial in 2019 Q3 according to their latest regulatory filings, with 60 funds opening new positions, 135 increasing their positions, 186 reducing their positions, and 81 closing their positions.
5% less funds holding
Funds holding: 473 → 451 (-22)
7.88% less ownership
Funds ownership: 111.09% → 103.21% (-7.9%)
12% less call options, than puts
Call options by funds: $95.4M | Put options by funds: $109M
14% less funds holding in top 10
Funds holding in top 10: 14 → 12 (-2)
17% less capital invested
Capital invested by funds: $6.5B → $5.39B (-$1.11B)
26% less first-time investments, than exits
New positions opened: 60 | Existing positions closed: 81
27% less repeat investments, than reductions
Existing positions increased: 135 | Existing positions reduced: 186
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$43.6M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$24.8M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$24.2M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$21.6M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$14.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$208M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$76.5M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$73.6M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$65.9M |
| 5 |
Renaissance Technologies
New York
|
-$50.6M |
BFH Hedge Fund Activity: Q3 2019 in Review
451 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Bread Financial (BFH) for Q3 2019, worth a combined $5.39B — down 17% from $6.5B a quarter earlier.
Sellers outnumbered buyers: 81 funds closed out of BFH and 60 opened new positions — a net loss of 21 holders — while 186 trimmed existing stakes and 135 added.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $43.6M. The largest seller was Fidelity Investments, cutting an estimated $208M.
- 451 institutional investors held Bread Financial (BFH) as of Q3 2019, down from 473 in Q2 2019.
- Funds reported $5.39B of Bread Financial stock for Q3 2019, down 17% quarter-over-quarter.
- 60 funds opened new Bread Financial positions in Q3 2019 and 81 closed out, a net change of -21 holders.
- The largest Bread Financial buyer in Q3 2019 was Susquehanna International Group, an estimated $43.6M added.
- The largest Bread Financial seller in Q3 2019 was Fidelity Investments, an estimated $208M sold.
Based on aggregated 13F filings for Q3 2019.