Bread Financial
509 hedge funds and large institutions have $16B invested in Bread Financial in 2015 Q4 according to their latest regulatory filings, with 67 funds opening new positions, 180 increasing their positions, 194 reducing their positions, and 37 closing their positions.
261% more call options, than puts
Call options by funds: $59.9M | Put options by funds: $16.6M
81% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 37
29% more funds holding in top 10
Funds holding in top 10: 17 → 22 (+5)
8% more capital invested
Capital invested by funds: $14.8B → $16B (+$1.16B)
6% more funds holding
Funds holding: 482 → 509 (+27)
1.71% more ownership
Funds ownership: 116.72% → 118.43% (+1.7%)
7% less repeat investments, than reductions
Existing positions increased: 180 | Existing positions reduced: 194
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$251M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$52.6M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$52M |
| 4 |
Millennium Management
New York
|
+$51.6M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$43.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$114M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$82.6M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$52.1M |
| 4 |
JP Morgan Chase
New York
|
-$49.4M |
| 5 |
FAM
Fred Alger Management
New York
|
-$42.2M |
BFH Hedge Fund Activity: Q4 2015 in Review
509 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Bread Financial (BFH) for Q4 2015, worth a combined $16B — up 7.8% from $14.8B a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new BFH positions and 37 closed out — a net gain of 30 holders — while 180 added to existing stakes and 194 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $251M. The largest seller was Waddell & Reed Financial, cutting an estimated $114M.
- 509 institutional investors held Bread Financial (BFH) as of Q4 2015, up from 482 in Q3 2015.
- Funds reported $16B of Bread Financial stock for Q4 2015, up 7.8% quarter-over-quarter.
- 67 funds opened new Bread Financial positions in Q4 2015 and 37 closed out, a net change of +30 holders.
- The largest Bread Financial buyer in Q4 2015 was AllianceBernstein, an estimated $251M added.
- The largest Bread Financial seller in Q4 2015 was Waddell & Reed Financial, an estimated $114M sold.
Based on aggregated 13F filings for Q4 2015.