Bread Financial
388 hedge funds and large institutions have $4.98B invested in Bread Financial in 2021 Q2 according to their latest regulatory filings, with 50 funds opening new positions, 131 increasing their positions, 132 reducing their positions, and 41 closing their positions.
187% more call options, than puts
Call options by funds: $367M | Put options by funds: $128M
22% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 41
1.89% more ownership
Funds ownership: 118.68% → 120.57% (+1.9%)
1% more funds holding
Funds holding: 384 → 388 (+4)
1% less repeat investments, than reductions
Existing positions increased: 131 | Existing positions reduced: 132
5% less capital invested
Capital invested by funds: $5.27B → $4.98B (-$289M)
27% less funds holding in top 10
Funds holding in top 10: 15 → 11 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Palestra Capital Management
New York
|
+$186M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$172M |
| 3 |
Goldman Sachs
New York
|
+$93.8M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$36.6M |
| 5 |
Nuveen
Charlotte,
North Carolina
|
+$33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCAM
Jericho Capital Asset Management
New York
|
-$92.6M |
| 2 |
BlackRock
New York
|
-$79.8M |
| 3 |
AG
Arctis Global
San Juan,
Puerto Rico
|
-$48.6M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$48M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$34.8M |
BFH Hedge Fund Activity: Q2 2021 in Review
388 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Bread Financial (BFH) for Q2 2021, worth a combined $4.98B — down 5.5% from $5.27B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new BFH positions and 41 closed out — a net gain of 9 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.
- 388 institutional investors held Bread Financial (BFH) as of Q2 2021, up from 384 in Q1 2021.
- Funds reported $4.98B of Bread Financial stock for Q2 2021, down 5.5% quarter-over-quarter.
- 50 funds opened new Bread Financial positions in Q2 2021 and 41 closed out, a net change of +9 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.