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Bread Financial

386 hedge funds and large institutions have $4.97B invested in Bread Financial in 2021 Q2 according to their latest regulatory filings, with 49 funds opening new positions, 131 increasing their positions, 132 reducing their positions, and 41 closing their positions.

New
Increased
Maintained
Reduced
Closed

202% more call options, than puts

Call options by funds: $362M | Put options by funds: $120M

20% more first-time investments, than exits

New positions opened: 49 | Existing positions closed: 41

1.84% more ownership

Funds ownership: 118.68%120.52% (+1.8%)

1% more funds holding

Funds holding: 383386 (+3)

1% less repeat investments, than reductions

Existing positions increased: 131 | Existing positions reduced: 132

6% less capital invested

Capital invested by funds: $5.26B → $4.97B (-$291M)

27% less funds holding in top 10

Funds holding in top 10: 1511 (-4)

Holders
386
Holders Change
+3
Holders Change %
+0.78%
% of All Funds
6.72%
Holding in Top 10
11
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-26.67%
% of All Funds
0.19%
New
49
Increased
131
Reduced
132
Closed
41
Calls
$362M
Puts
$120M
Net Calls
+$243M
Net Calls Change
+$213M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$471M -$79.8M -882,300 -13%
Vanguard Group
2
Vanguard Group
Pennsylvania
$463M -$6.17M -68,193 -1%
PCM
3
Palestra Capital Management
New York
$351M +$186M +2,060,321 +95%
RCM
4
Redwood Capital Management
New York
$188M
LAM
5
Lyrical Asset Management
New York
$180M -$19.8M -218,439 -9%
Franklin Resources
6
Franklin Resources
California
$158M +$172M +1,903,003 +72,193%
SCA
7
Southpoint Capital Advisors
New York
$156M
Goldman Sachs
8
Goldman Sachs
New York
$153M +$93.8M +1,037,119 +128%
State Street
9
State Street
Massachusetts
$134M +$12.6M +139,151 +9%
Thrivent Financial for Lutherans
10
Thrivent Financial for Lutherans
Minnesota
$100M +$5.91M +65,324 +6%
TCAM
11
Turtle Creek Asset Management
Ontario, Canada
$96M +$2.25M +24,872 +2%
AIM
12
Artemis Investment Management
United Kingdom
$89.9M -$17.8M -196,266 -15%
Northern Trust
13
Northern Trust
Illinois
$89.2M -$3.58M -39,587 -4%
PPA
14
Parametric Portfolio Associates
Washington
$87.2M +$15.5M +171,648 +20%
AG
15
Arctis Global
Puerto Rico
$85M -$48.6M -537,577 -34%
Arrowstreet Capital
16
Arrowstreet Capital
Massachusetts
$82.3M +$692K +7,644 +0.8%
Lord, Abbett & Co
17
Lord, Abbett & Co
New Jersey
$79.2M +$9.99M +110,375 +13%
Geode Capital Management
18
Geode Capital Management
Massachusetts
$69.4M +$5.41M +59,754 +8%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$60.5M -$19.7M -218,050 -23%
Dimensional Fund Advisors
20
Dimensional Fund Advisors
Texas
$60M +$7.16M +79,116 +12%
VNIM
21
Vaughan Nelson Investment Management
Texas
$59.7M +$4.43M +48,970 +7%
Principal Financial Group
22
Principal Financial Group
Iowa
$58.7M +$30.9M +341,748 +94%
Morgan Stanley
23
Morgan Stanley
New York
$58M +$3.63M +40,102 +6%
Norges Bank
24
Norges Bank
Norway
$53M +$1.52M +16,769 +3%
D.E. Shaw & Co
25
D.E. Shaw & Co
New York
$47.9M -$34.5M -381,605 -40%

BFH Hedge Fund Activity: Q2 2021 in Review

386 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Bread Financial (BFH) for Q2 2021, worth a combined $4.97B — down 5.5% from $5.26B a quarter earlier.

Buyers outnumbered sellers: 49 funds opened new BFH positions and 41 closed out — a net gain of 8 holders — while 131 added to existing stakes and 132 trimmed.

The largest buyer was Palestra Capital Management, adding an estimated $186M. The largest seller was Jericho Capital Asset Management, exiting entirely with an estimated $92.6M sold.

  • 386 institutional investors held Bread Financial (BFH) as of Q2 2021, up from 383 in Q1 2021.
  • Funds reported $4.97B of Bread Financial stock for Q2 2021, down 5.5% quarter-over-quarter.
  • 49 funds opened new Bread Financial positions in Q2 2021 and 41 closed out, a net change of +8 holders.
  • The largest Bread Financial buyer in Q2 2021 was Palestra Capital Management, an estimated $186M added.
  • The largest Bread Financial seller in Q2 2021 was Jericho Capital Asset Management, an estimated $92.6M sold.

Based on aggregated 13F filings for Q2 2021.