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Bread Financial

493 hedge funds and large institutions have $17.1B invested in Bread Financial in 2014 Q4 according to their latest regulatory filings, with 85 funds opening new positions, 214 increasing their positions, 151 reducing their positions, and 39 closing their positions.

New
Increased
Maintained
Reduced
Closed

119% more call options, than puts

Call options by funds: $45.3M | Put options by funds: $20.7M

118% more first-time investments, than exits

New positions opened: 85 | Existing positions closed: 39

44% more funds holding in top 10

Funds holding in top 10: 1623 (+7)

42% more repeat investments, than reductions

Existing positions increased: 214 | Existing positions reduced: 151

18% more capital invested

Capital invested by funds: $14.5B → $17.1B (+$2.61B)

9% more funds holding

Funds holding: 453493 (+40)

14.67% less ownership

Funds ownership: 131.68%117.01% (-15%)

Holders
493
Holders Change
+40
Holders Change %
+8.83%
% of All Funds
13.15%
Holding in Top 10
23
Holding in Top 10 Change
+7
Holding in Top 10 Change %
+43.75%
% of All Funds
0.61%
New
85
Increased
214
Reduced
151
Closed
39
Calls
$45.3M
Puts
$20.7M
Net Calls
+$24.6M
Net Calls Change
-$55.9M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.33B +$154M +703,891 +14%
WRF
2
Waddell & Reed Financial
Kansas
$1.32B +$26.6M +121,743 +2%
JP Morgan Chase
3
JP Morgan Chase
New York
$1.06B +$40.8M +186,331 +4%
State Street
4
State Street
Massachusetts
$738M +$14.3M +65,344 +2%
Wells Fargo
5
Wells Fargo
California
$563M +$71.2M +325,152 +15%
AIM
6
abrdn Investment Management
United Kingdom
$545M +$4.12M +18,837 +0.8%
BIT
7
BlackRock Institutional Trust
California
$472M +$53M +242,313 +13%
Fidelity Investments
8
Fidelity Investments
Massachusetts
$469M +$96.3M +440,010 +27%
Edgewood Management
9
Edgewood Management
Connecticut
$461M +$20.3M +92,835 +5%
American Century Companies
10
American Century Companies
Missouri
$458M +$90M +411,016 +26%
TCM
11
TimesSquare Capital Management
New York
$396M -$3.98M -18,165 -1%
Wellington Management Group
12
Wellington Management Group
Massachusetts
$332M -$3.9M -17,815 -1%
Neuberger Berman Group
13
Neuberger Berman Group
New York
$263M +$118M +537,225 +87%
BFA
14
BlackRock Fund Advisors
California
$258M +$37.7M +172,196 +18%
BA
15
BlackRock Advisors
Delaware
$255M +$5.48M +25,057 +2%
Northern Trust
16
Northern Trust
Illinois
$230M +$22.9M +104,615 +12%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$224M +$18.5M +84,363 +9%
Deutsche Bank
18
Deutsche Bank
Germany
$223M +$23.3M +106,502 +12%
Invesco
19
Invesco
Georgia
$219M -$83.9M -383,265 -29%
FAM
20
Fred Alger Management
New York
$213M -$25.1M -114,862 -11%
Ninety One (UK)
21
Ninety One (UK)
United Kingdom
$184M -$7.77M -35,512 -4%
CWG
22
C WorldWide Group
Denmark
$184M -$13M -59,405 -7%
BIM
23
BlackRock Investment Management
Delaware
$175M +$16.7M +76,348 +11%
KI
24
Kalmar Investments
Delaware
$164M -$2.88M -13,179 -2%
TCIM
25
TIAA CREF Investment Management
New York
$161M -$30.1M -137,556 -16%

BFH Hedge Fund Activity: Q4 2014 in Review

493 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Bread Financial (BFH) for Q4 2014, worth a combined $17.1B — up 18% from $14.5B a quarter earlier.

Buyers outnumbered sellers: 85 funds opened new BFH positions and 39 closed out — a net gain of 46 holders — while 214 added to existing stakes and 151 trimmed.

The largest buyer was Vanguard Group, adding an estimated $154M. The largest seller was Bank of America, cutting an estimated $333M.

  • 493 institutional investors held Bread Financial (BFH) as of Q4 2014, up from 453 in Q3 2014.
  • Funds reported $17.1B of Bread Financial stock for Q4 2014, up 18% quarter-over-quarter.
  • 85 funds opened new Bread Financial positions in Q4 2014 and 39 closed out, a net change of +46 holders.
  • The largest Bread Financial buyer in Q4 2014 was Vanguard Group, an estimated $154M added.
  • The largest Bread Financial seller in Q4 2014 was Bank of America, an estimated $333M sold.

Based on aggregated 13F filings for Q4 2014.