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Bread Financial

262 hedge funds and large institutions have $1.76B invested in Bread Financial in 2023 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 95 increasing their positions, 86 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more funds holding in top 10

Funds holding in top 10: 46 (+2)

38% more first-time investments, than exits

New positions opened: 33 | Existing positions closed: 24

11% more capital invested

Capital invested by funds: $1.59B → $1.76B (+$174M)

10% more repeat investments, than reductions

Existing positions increased: 95 | Existing positions reduced: 86

3% more funds holding

Funds holding: 254262 (+8)

1.61% more ownership

Funds ownership: 100.77%102.38% (+1.6%)

77% less call options, than puts

Call options by funds: $6.61M | Put options by funds: $28.7M

Holders
262
Holders Change
+8
Holders Change %
+3.15%
% of All Funds
4.16%
Holding in Top 10
6
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+50%
% of All Funds
0.1%
New
33
Increased
95
Reduced
86
Closed
24
Calls
$6.61M
Puts
$28.7M
Net Calls
-$22.1M
Net Calls Change
-$10.1M
Name Holding Trade Value Shares
Change
Change in
Stake
TCAM
1
Turtle Creek Asset Management
Ontario, Canada
$198M
Vanguard Group
2
Vanguard Group
Pennsylvania
$195M -$91.1K -2,486 -0%
BlackRock
3
BlackRock
New York
$168M +$2.79M +76,188 +2%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$93.8M +$9.12M +248,788 +10%
Wellington Management Group
5
Wellington Management Group
Massachusetts
$66.8M +$2.91M +79,373 +4%
State Street
6
State Street
Massachusetts
$65.6M +$17.9K +488 +0%
Morgan Stanley
7
Morgan Stanley
New York
$55.7M +$5.51M +150,242 +10%
HSBC Holdings
8
HSBC Holdings
United Kingdom
$55.3M -$6.66M -181,742 -10%
LAM
9
Lyrical Asset Management
New York
$51.2M +$4.57M +124,795 +9%
Macquarie Group
10
Macquarie Group
Australia
$40.2M -$1.29M -35,150 -3%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$36.1M +$9.72M +265,060 +34%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$35.3M +$1.87M +50,924 +5%
Arrowstreet Capital
13
Arrowstreet Capital
Massachusetts
$35.3M +$23.2M +631,773 +158%
Franklin Resources
14
Franklin Resources
California
$28.8M -$51.1M -1,394,994 -62%
Goldman Sachs
15
Goldman Sachs
New York
$26.8M +$9.91M +270,259 +53%
Deutsche Bank
16
Deutsche Bank
Germany
$24.4M +$22.3M +608,769 +586%
Pzena Investment Management
17
Pzena Investment Management
New York
$24.2M +$3.92M +106,891 +18%
Norges Bank
18
Norges Bank
Norway
$22.5M +$8.32M +226,962 +53%
Charles Schwab
19
Charles Schwab
California
$21.7M +$823K +22,464 +4%
American Century Companies
20
American Century Companies
Missouri
$20.9M +$3.16M +86,315 +16%
D.E. Shaw & Co
21
D.E. Shaw & Co
New York
$18.5M -$4.82M -131,517 -20%
Northern Trust
22
Northern Trust
Illinois
$18.3M +$136K +3,713 +0.7%
Neuberger Berman Group
23
Neuberger Berman Group
New York
$16.3M +$512K +13,957 +3%
BCM
24
Bridgeway Capital Management
Texas
$16.3M +$4.53M +123,583 +35%
BNP Paribas Financial Markets
25
BNP Paribas Financial Markets
France
$16.2M -$879K -23,992 -5%

BFH Hedge Fund Activity: Q3 2023 in Review

262 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Bread Financial (BFH) for Q3 2023, worth a combined $1.76B — up 11% from $1.59B a quarter earlier.

Buyers outnumbered sellers: 33 funds opened new BFH positions and 24 closed out — a net gain of 9 holders — while 95 added to existing stakes and 86 trimmed.

The largest buyer was Arrowstreet Capital, adding an estimated $23.2M. The largest seller was Franklin Resources, cutting an estimated $51.1M.

  • 262 institutional investors held Bread Financial (BFH) as of Q3 2023, up from 254 in Q2 2023.
  • Funds reported $1.76B of Bread Financial stock for Q3 2023, up 11% quarter-over-quarter.
  • 33 funds opened new Bread Financial positions in Q3 2023 and 24 closed out, a net change of +9 holders.
  • The largest Bread Financial buyer in Q3 2023 was Arrowstreet Capital, an estimated $23.2M added.
  • The largest Bread Financial seller in Q3 2023 was Franklin Resources, an estimated $51.1M sold.

Based on aggregated 13F filings for Q3 2023.