Bread Financial
266 hedge funds and large institutions have $1.54B invested in Bread Financial in 2022 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 95 increasing their positions, 102 reducing their positions, and 40 closing their positions.
14% more call options, than puts
Call options by funds: $17.2M | Put options by funds: $15M
1.05% more ownership
Funds ownership: 96.89% → 97.94% (+1%)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
7% less repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 102
7% less funds holding
Funds holding: 286 → 266 (-20)
14% less capital invested
Capital invested by funds: $1.79B → $1.54B (-$254M)
38% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 40
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCAM
Turtle Creek Asset Management
Toronto,
Ontario, Canada
|
+$39.4M |
| 2 |
BlackRock
New York
|
+$37.3M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$20.6M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$20.5M |
| 5 |
AG
Arctis Global
San Juan,
Puerto Rico
|
+$11.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$42.4M |
| 2 |
N
Natixis
Paris,
France
|
-$18.7M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$18.3M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$14.9M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$14.4M |
BFH Hedge Fund Activity: Q3 2022 in Review
266 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Bread Financial (BFH) for Q3 2022, worth a combined $1.54B — down 14% from $1.79B a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of BFH and 25 opened new positions — a net loss of 15 holders — while 102 trimmed existing stakes and 95 added.
The largest buyer was Turtle Creek Asset Management, adding an estimated $39.4M. The largest seller was AQR Capital Management, cutting an estimated $42.4M.
- 266 institutional investors held Bread Financial (BFH) as of Q3 2022, down from 286 in Q2 2022.
- Funds reported $1.54B of Bread Financial stock for Q3 2022, down 14% quarter-over-quarter.
- 25 funds opened new Bread Financial positions in Q3 2022 and 40 closed out, a net change of -15 holders.
- The largest Bread Financial buyer in Q3 2022 was Turtle Creek Asset Management, an estimated $39.4M added.
- The largest Bread Financial seller in Q3 2022 was AQR Capital Management, an estimated $42.4M sold.
Based on aggregated 13F filings for Q3 2022.