Bread Financial
453 hedge funds and large institutions have $14.5B invested in Bread Financial in 2014 Q3 according to their latest regulatory filings, with 48 funds opening new positions, 164 increasing their positions, 192 reducing their positions, and 41 closing their positions.
252% more call options, than puts
Call options by funds: $112M | Put options by funds: $31.9M
17% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 41
0% less funds holding
Funds holding: 454 → 453 (-1)
3.18% less ownership
Funds ownership: 134.78% → 131.6% (-3.2%)
12% less capital invested
Capital invested by funds: $16.4B → $14.5B (-$1.92B)
15% less repeat investments, than reductions
Existing positions increased: 164 | Existing positions reduced: 192
27% less funds holding in top 10
Funds holding in top 10: 22 → 16 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$204M |
| 2 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$153M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$103M |
| 4 |
AIM
abrdn Investment Management
Edinburgh,
United Kingdom
|
+$95.9M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$248M |
| 2 |
Alkeon Capital Management
New York
|
-$168M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$109M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$80.5M |
| 5 |
NA
Navellier & Associates
Reno,
Nevada
|
-$75.2M |
BFH Hedge Fund Activity: Q3 2014 in Review
453 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Bread Financial (BFH) for Q3 2014, worth a combined $14.5B — down 12% from $16.4B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new BFH positions and 41 closed out — a net gain of 7 holders — while 164 added to existing stakes and 192 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $204M. The largest seller was Fidelity Investments, cutting an estimated $248M.
- 453 institutional investors held Bread Financial (BFH) as of Q3 2014, down from 454 in Q2 2014.
- Funds reported $14.5B of Bread Financial stock for Q3 2014, down 12% quarter-over-quarter.
- 48 funds opened new Bread Financial positions in Q3 2014 and 41 closed out, a net change of +7 holders.
- The largest Bread Financial buyer in Q3 2014 was JP Morgan Chase, an estimated $204M added.
- The largest Bread Financial seller in Q3 2014 was Fidelity Investments, an estimated $248M sold.
Based on aggregated 13F filings for Q3 2014.