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Bread Financial

324 hedge funds and large institutions have $2.47B invested in Bread Financial in 2025 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 116 increasing their positions, 111 reducing their positions, and 46 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.6% more ownership

Funds ownership: 98.66%100.26% (+1.6%)

5% more repeat investments, than reductions

Existing positions increased: 116 | Existing positions reduced: 111

4% less first-time investments, than exits

New positions opened: 44 | Existing positions closed: 46

1% less funds holding

Funds holding: 328324 (-4)

18% less capital invested

Capital invested by funds: $3B → $2.47B (-$528M)

20% less funds holding in top 10

Funds holding in top 10: 54 (-1)

35% less call options, than puts

Call options by funds: $4.35M | Put options by funds: $6.66M

Holders
324
Holders Change
-4
Holders Change %
-1.22%
% of All Funds
4.34%
Holding in Top 10
4
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-20%
% of All Funds
0.05%
New
44
Increased
116
Reduced
111
Closed
46
Calls
$4.35M
Puts
$6.66M
Net Calls
-$2.3M
Net Calls Change
-$3.67M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$277M -$18.3M -321,916 -6%
BlackRock
2
BlackRock
New York
$241M -$296K -5,207 -0.1%
TCAM
3
Turtle Creek Asset Management
Ontario, Canada
$201M +$15M +263,753 +7%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$155M -$3.75M -66,050 -2%
State Street
5
State Street
Massachusetts
$99.2M -$5.19M -91,355 -4%
Franklin Resources
6
Franklin Resources
California
$73.7M +$15M +264,808 +22%
American Century Companies
7
American Century Companies
Missouri
$73.2M +$4.53M +79,709 +6%
Wellington Management Group
8
Wellington Management Group
Massachusetts
$66.1M +$2.27M +39,877 +3%
HSBC Holdings
9
HSBC Holdings
United Kingdom
$62.2M -$11.3M -198,672 -14%
Jacobs Levy Equity Management
10
Jacobs Levy Equity Management
New Jersey
$60.4M -$2M -35,192 -3%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$59.6M +$2.07M +36,388 +3%
Arrowstreet Capital
12
Arrowstreet Capital
Massachusetts
$49.4M +$71K +1,249 +0.1%
Morgan Stanley
13
Morgan Stanley
New York
$43.1M -$2.01M -35,416 -4%
Macquarie Group
14
Macquarie Group
Australia
$40M -$2.49M -43,765 -5%
Goldman Sachs
15
Goldman Sachs
New York
$36.9M +$21.4M +376,920 +105%
Pzena Investment Management
16
Pzena Investment Management
New York
$36.5M +$345K +6,065 +0.8%
Deutsche Bank
17
Deutsche Bank
Germany
$35.4M +$7.09M +124,898 +21%
Charles Schwab
18
Charles Schwab
California
$34.1M -$2.31M -40,646 -6%
Northern Trust
19
Northern Trust
Illinois
$30.4M +$301K +5,291 +0.9%
Invesco
20
Invesco
Georgia
$26.5M +$9.12M +160,580 +44%
JAM
21
Jupiter Asset Management
United Kingdom
$25.3M +$9.01M +158,557 +46%
Allianz Asset Management
22
Allianz Asset Management
Germany
$24.5M +$776K +13,656 +3%
Neuberger Berman Group
23
Neuberger Berman Group
New York
$23.3M -$12.4M -218,790 -32%
Bank of New York Mellon
24
Bank of New York Mellon
New York
$22.4M -$1.48M -26,028 -5%
Voloridge Investment Management
25
Voloridge Investment Management
Florida
$21.5M +$4.36M +76,784 +22%

BFH Hedge Fund Activity: Q1 2025 in Review

324 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Bread Financial (BFH) for Q1 2025, worth a combined $2.47B — down 18% from $3B a quarter earlier.

Sellers outnumbered buyers: 46 funds closed out of BFH and 44 opened new positions — a net loss of 2 holders — while 111 trimmed existing stakes and 116 added.

The largest buyer was Goldman Sachs, adding an estimated $21.4M. The largest seller was Vanguard Group, cutting an estimated $18.3M.

  • 324 institutional investors held Bread Financial (BFH) as of Q1 2025, down from 328 in Q4 2024.
  • Funds reported $2.47B of Bread Financial stock for Q1 2025, down 18% quarter-over-quarter.
  • 44 funds opened new Bread Financial positions in Q1 2025 and 46 closed out, a net change of -2 holders.
  • The largest Bread Financial buyer in Q1 2025 was Goldman Sachs, an estimated $21.4M added.
  • The largest Bread Financial seller in Q1 2025 was Vanguard Group, an estimated $18.3M sold.

Based on aggregated 13F filings for Q1 2025.