Bread Financial
567 hedge funds and large institutions have $11.9B invested in Bread Financial in 2018 Q3 according to their latest regulatory filings, with 76 funds opening new positions, 164 increasing their positions, 217 reducing their positions, and 33 closing their positions.
130% more first-time investments, than exits
New positions opened: 76 | Existing positions closed: 33
7% more funds holding
Funds holding: 530 → 567 (+37)
2% less capital invested
Capital invested by funds: $12.2B → $11.9B (-$244M)
2.86% less ownership
Funds ownership: 118.14% → 115.29% (-2.9%)
17% less funds holding in top 10
Funds holding in top 10: 23 → 19 (-4)
22% less call options, than puts
Call options by funds: $72.8M | Put options by funds: $93.5M
24% less repeat investments, than reductions
Existing positions increased: 164 | Existing positions reduced: 217
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$35.5M |
| 2 |
Bank of New York Mellon
New York
|
+$29.2M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$27M |
| 4 |
State Street
Boston,
Massachusetts
|
+$26.5M |
| 5 |
MIH
Madison Investment Holdings
Madison,
Wisconsin
|
+$26.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
-$141M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$125M |
| 3 |
JP Morgan Chase
New York
|
-$85M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$67.2M |
| 5 |
Nomura Holdings
Tokyo,
Japan
|
-$58.3M |
BFH Hedge Fund Activity: Q3 2018 in Review
567 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Bread Financial (BFH) for Q3 2018, worth a combined $11.9B — down 2% from $12.2B a quarter earlier.
Buyers outnumbered sellers: 76 funds opened new BFH positions and 33 closed out — a net gain of 43 holders — while 164 added to existing stakes and 217 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $35.5M. The largest seller was OMERS Administration Corp, cutting an estimated $141M.
- 567 institutional investors held Bread Financial (BFH) as of Q3 2018, up from 530 in Q2 2018.
- Funds reported $11.9B of Bread Financial stock for Q3 2018, down 2% quarter-over-quarter.
- 76 funds opened new Bread Financial positions in Q3 2018 and 33 closed out, a net change of +43 holders.
- The largest Bread Financial buyer in Q3 2018 was Morgan Stanley, an estimated $35.5M added.
- The largest Bread Financial seller in Q3 2018 was OMERS Administration Corp, an estimated $141M sold.
Based on aggregated 13F filings for Q3 2018.