Bread Financial
333 hedge funds and large institutions have $1.82B invested in Bread Financial in 2020 Q2 according to their latest regulatory filings, with 78 funds opening new positions, 107 increasing their positions, 113 reducing their positions, and 70 closing their positions.
30% more capital invested
Capital invested by funds: $1.39B → $1.82B (+$422M)
11% more first-time investments, than exits
New positions opened: 78 | Existing positions closed: 70
1% more funds holding
Funds holding: 329 → 333 (+4)
5% less repeat investments, than reductions
Existing positions increased: 107 | Existing positions reduced: 113
12.72% less ownership
Funds ownership: 118.56% → 105.84% (-13%)
14% less call options, than puts
Call options by funds: $47.8M | Put options by funds: $55.6M
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$40.6M |
| 2 |
BlackRock
New York
|
+$36.1M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$34.2M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$22.7M |
| 5 |
N
Natixis
Paris,
France
|
+$22.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LAM
Lyrical Asset Management
New York
|
-$147M |
| 2 |
Parnassus Investments
San Francisco,
California
|
-$46.2M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$34.3M |
| 4 |
State Street
Boston,
Massachusetts
|
-$32.3M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$26.6M |
BFH Hedge Fund Activity: Q2 2020 in Review
333 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Bread Financial (BFH) for Q2 2020, worth a combined $1.82B — up 30% from $1.39B a quarter earlier.
Buyers outnumbered sellers: 78 funds opened new BFH positions and 70 closed out — a net gain of 8 holders — while 107 added to existing stakes and 113 trimmed.
The largest buyer was D.E. Shaw & Co, adding an estimated $40.6M. The largest seller was Lyrical Asset Management, cutting an estimated $147M.
- 333 institutional investors held Bread Financial (BFH) as of Q2 2020, up from 329 in Q1 2020.
- Funds reported $1.82B of Bread Financial stock for Q2 2020, up 30% quarter-over-quarter.
- 78 funds opened new Bread Financial positions in Q2 2020 and 70 closed out, a net change of +8 holders.
- The largest Bread Financial buyer in Q2 2020 was D.E. Shaw & Co, an estimated $40.6M added.
- The largest Bread Financial seller in Q2 2020 was Lyrical Asset Management, an estimated $147M sold.
Based on aggregated 13F filings for Q2 2020.