Bread Financial
511 hedge funds and large institutions have $10.6B invested in Bread Financial in 2016 Q2 according to their latest regulatory filings, with 70 funds opening new positions, 180 increasing their positions, 190 reducing their positions, and 71 closing their positions.
1.48% more ownership
Funds ownership: 113.65% → 115.13% (+1.5%)
1% less first-time investments, than exits
New positions opened: 70 | Existing positions closed: 71
5% less repeat investments, than reductions
Existing positions increased: 180 | Existing positions reduced: 190
2% less funds holding
Funds holding: 519 → 511 (-8)
10% less funds holding in top 10
Funds holding in top 10: 20 → 18 (-2)
10% less capital invested
Capital invested by funds: $11.8B → $10.6B (-$1.22B)
53% less call options, than puts
Call options by funds: $78.3M | Put options by funds: $167M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VH
ValueAct Holdings
San Francisco,
California
|
+$573M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$151M |
| 3 |
JP
Jana Partners
New York
|
+$141M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$112M |
| 5 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
+$80.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
abrdn Investment Management
Edinburgh,
United Kingdom
|
-$316M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$288M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$187M |
| 4 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$132M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$63M |
BFH Hedge Fund Activity: Q2 2016 in Review
511 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Bread Financial (BFH) for Q2 2016, worth a combined $10.6B — down 10% from $11.8B a quarter earlier.
Sellers outnumbered buyers: 71 funds closed out of BFH and 70 opened new positions — a net loss of 1 holder — while 190 trimmed existing stakes and 180 added.
The largest buyer was ValueAct Holdings, adding an estimated $573M. The largest seller was abrdn Investment Management, cutting an estimated $316M.
- 511 institutional investors held Bread Financial (BFH) as of Q2 2016, down from 519 in Q1 2016.
- Funds reported $10.6B of Bread Financial stock for Q2 2016, down 10% quarter-over-quarter.
- 70 funds opened new Bread Financial positions in Q2 2016 and 71 closed out, a net change of -1 holder.
- The largest Bread Financial buyer in Q2 2016 was ValueAct Holdings, an estimated $573M added.
- The largest Bread Financial seller in Q2 2016 was abrdn Investment Management, an estimated $316M sold.
Based on aggregated 13F filings for Q2 2016.