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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
GAM
151
Gotham Asset Management
New York
$1.33M -$1.04M -20,690 -48%
QC
152
Quadrature Capital
United Kingdom
$1.33M +$1.13M +22,441 New
SOMRS
153
State of Michigan Retirement System
Michigan
$1.29M
VRS
154
Virginia Retirement Systems
Virginia
$1.28M +$372K +7,393 +52%
Treasurer of the State of North Carolina
155
Treasurer of the State of North Carolina
North Carolina
$1.27M +$2.51K +50 +0.2%
Fidelity International
156
Fidelity International
Bermuda
$1.27M -$15.7M -312,451 -94%
NMIMC
157
Northwestern Mutual Investment Management Company
Wisconsin
$1.22M +$104K +2,079 +11%
COPPSERS
158
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$1.18M +$40.5K +806 +4%
OPERF
159
Oregon Public Employees Retirement Fund
Oregon
$1.17M +$85.9K +1,709 +9%
GC
160
Guggenheim Capital
Illinois
$1.15M +$237K +4,709 +32%
Nisa Investment Advisors
161
Nisa Investment Advisors
Missouri
$1.14M +$1.91K +38 +0.2%
ISL
162
Ingalls & Snyder LLC
New York
$1.1M +$933K +18,568 New
HSBC Holdings
163
HSBC Holdings
United Kingdom
$1.09M -$173K -3,451 -16%
PNC Financial Services Group
164
PNC Financial Services Group
Pennsylvania
$1.08M -$54.5K -1,084 -6%
HC
165
Hourglass Capital
Texas
$1.06M +$343K +6,823 +61%
PFS
166
Prospera Financial Services
Texas
$1.06M +$898K +17,868 +94,042%
CWM
167
Cordatus Wealth Management
Pennsylvania
$1.03M +$874K +17,382 New
CAM
168
Cubic Asset Management
Massachusetts
$1.02M -$523K -10,400 -38%
VOYA Investment Management
169
VOYA Investment Management
Georgia
$1.01M -$34.7K -690 -4%
AIP
170
Ameritas Investment Partners
Nebraska
$977K -$20.1K -400 -2%
ASRS
171
Arizona State Retirement System
Arizona
$974K -$31.9K -634 -4%
CHAM
172
Clear Harbor Asset Management
Connecticut
$974K +$99.6K +1,982 +14%
US Bancorp
173
US Bancorp
Minnesota
$970K -$36.3K -722 -4%
LSERS
174
Louisiana State Employees Retirement System
Louisiana
$882K
AA
175
AQR Arbitrage
Connecticut
$880K +$752K +14,958 New

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.