Bread Financial
536 hedge funds and large institutions have $13.3B invested in Bread Financial in 2017 Q4 according to their latest regulatory filings, with 90 funds opening new positions, 169 increasing their positions, 199 reducing their positions, and 53 closing their positions.
70% more first-time investments, than exits
New positions opened: 90 | Existing positions closed: 53
33% more funds holding in top 10
Funds holding in top 10: 18 → 24 (+6)
13% more capital invested
Capital invested by funds: $11.8B → $13.3B (+$1.53B)
7% more funds holding
Funds holding: 500 → 536 (+36)
9% more call options, than puts
Call options by funds: $90.6M | Put options by funds: $82.8M
0.12% more ownership
Funds ownership: 119.98% → 120.1% (+0.12%)
15% less repeat investments, than reductions
Existing positions increased: 169 | Existing positions reduced: 199
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AssetMark Inc
Concord,
California
|
+$119M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$93.4M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$79.1M |
| 4 |
OCAM
Owl Creek Asset Management
New York
|
+$78.3M |
| 5 |
BWA
Brave Warrior Advisors
New York
|
+$62.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$92.8M |
| 2 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$89.4M |
| 3 |
Millennium Management
New York
|
-$72.1M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$71.7M |
| 5 |
RL
Ruffer LLP
London,
United Kingdom
|
-$62.2M |
BFH Hedge Fund Activity: Q4 2017 in Review
536 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Bread Financial (BFH) for Q4 2017, worth a combined $13.3B — up 13% from $11.8B a quarter earlier.
Buyers outnumbered sellers: 90 funds opened new BFH positions and 53 closed out — a net gain of 37 holders — while 169 added to existing stakes and 199 trimmed.
The largest buyer was AssetMark Inc, adding an estimated $119M. The largest seller was Morgan Stanley, cutting an estimated $92.8M.
- 536 institutional investors held Bread Financial (BFH) as of Q4 2017, up from 500 in Q3 2017.
- Funds reported $13.3B of Bread Financial stock for Q4 2017, up 13% quarter-over-quarter.
- 90 funds opened new Bread Financial positions in Q4 2017 and 53 closed out, a net change of +37 holders.
- The largest Bread Financial buyer in Q4 2017 was AssetMark Inc, an estimated $119M added.
- The largest Bread Financial seller in Q4 2017 was Morgan Stanley, an estimated $92.8M sold.
Based on aggregated 13F filings for Q4 2017.