Bread Financial
328 hedge funds and large institutions have $2.44B invested in Bread Financial in 2024 Q3 according to their latest regulatory filings, with 70 funds opening new positions, 113 increasing their positions, 97 reducing their positions, and 29 closing their positions.
141% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 29
16% more repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 97
13% more funds holding
Funds holding: 289 → 328 (+39)
3% more capital invested
Capital invested by funds: $2.37B → $2.44B (+$72M)
3.85% less ownership
Funds ownership: 106.84% → 103% (-3.8%)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
77% less call options, than puts
Call options by funds: $15.3M | Put options by funds: $66.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Voloridge Investment Management
Jupiter,
Florida
|
+$23.2M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$17.6M |
| 3 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
+$15.7M |
| 4 |
QC
Quantedge Capital
Singapore
|
+$15.6M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$15.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$63.9M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$59.7M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$43.7M |
| 4 |
UBS AM
Chicago,
Illinois
|
-$42.4M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$29.3M |
BFH Hedge Fund Activity: Q3 2024 in Review
328 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Bread Financial (BFH) for Q3 2024, worth a combined $2.44B — up 3% from $2.37B a quarter earlier.
Buyers outnumbered sellers: 70 funds opened new BFH positions and 29 closed out — a net gain of 41 holders — while 113 added to existing stakes and 97 trimmed.
The largest buyer was Voloridge Investment Management, opening a new position worth an estimated $23.2M. The largest seller was Millennium Management, cutting an estimated $63.9M.
- 328 institutional investors held Bread Financial (BFH) as of Q3 2024, up from 289 in Q2 2024.
- Funds reported $2.44B of Bread Financial stock for Q3 2024, up 3% quarter-over-quarter.
- 70 funds opened new Bread Financial positions in Q3 2024 and 29 closed out, a net change of +41 holders.
- The largest Bread Financial buyer in Q3 2024 was Voloridge Investment Management, an estimated $23.2M added.
- The largest Bread Financial seller in Q3 2024 was Millennium Management, an estimated $63.9M sold.
Based on aggregated 13F filings for Q3 2024.