Bread Financial
289 hedge funds and large institutions have $2.37B invested in Bread Financial in 2024 Q2 according to their latest regulatory filings, with 49 funds opening new positions, 94 increasing their positions, 95 reducing their positions, and 34 closing their positions.
44% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 34
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
23% more capital invested
Capital invested by funds: $1.93B → $2.37B (+$435M)
4% more funds holding
Funds holding: 278 → 289 (+11)
2.57% more ownership
Funds ownership: 104.27% → 106.84% (+2.6%)
1% less repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 95
67% less call options, than puts
Call options by funds: $13.7M | Put options by funds: $42.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$27.8M |
| 2 |
Millennium Management
New York
|
+$16.1M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$15.9M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$15.3M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$14.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$10.6M |
| 2 |
TCAM
Turtle Creek Asset Management
Toronto,
Ontario, Canada
|
-$9.67M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$9.08M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
-$9.01M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
-$7.38M |
BFH Hedge Fund Activity: Q2 2024 in Review
289 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Bread Financial (BFH) for Q2 2024, worth a combined $2.37B — up 23% from $1.93B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new BFH positions and 34 closed out — a net gain of 15 holders — while 94 added to existing stakes and 95 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $27.8M. The largest seller was Bank of New York Mellon, cutting an estimated $10.6M.
- 289 institutional investors held Bread Financial (BFH) as of Q2 2024, up from 278 in Q1 2024.
- Funds reported $2.37B of Bread Financial stock for Q2 2024, up 23% quarter-over-quarter.
- 49 funds opened new Bread Financial positions in Q2 2024 and 34 closed out, a net change of +15 holders.
- The largest Bread Financial buyer in Q2 2024 was Citadel Advisors, an estimated $27.8M added.
- The largest Bread Financial seller in Q2 2024 was Bank of New York Mellon, an estimated $10.6M sold.
Based on aggregated 13F filings for Q2 2024.