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Bread Financial

345 hedge funds and large institutions have $2.72B invested in Bread Financial in 2025 Q3 according to their latest regulatory filings, with 54 funds opening new positions, 115 increasing their positions, 116 reducing their positions, and 45 closing their positions.

New
Increased
Maintained
Reduced
Closed

20% more first-time investments, than exits

New positions opened: 54 | Existing positions closed: 45

2% more funds holding

Funds holding: 339345 (+6)

0.26% more ownership

Funds ownership: 104.17%104.43% (+0.26%)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

1% less repeat investments, than reductions

Existing positions increased: 115 | Existing positions reduced: 116

2% less capital invested

Capital invested by funds: $2.77B → $2.72B (-$54M)

56% less call options, than puts

Call options by funds: $11.2M | Put options by funds: $25.1M

Holders
345
Holders Change
+6
Holders Change %
+1.77%
% of All Funds
4.53%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
54
Increased
115
Reduced
116
Closed
45
Calls
$11.2M
Puts
$25.1M
Net Calls
-$13.9M
Net Calls Change
-$2.53M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$294M +$1.91M +30,962 +0.6%
BlackRock
2
BlackRock
New York
$253M +$6.42M +104,068 +2%
TCAM
3
Turtle Creek Asset Management
Ontario, Canada
$183M -$19.2M -311,050 -9%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$172M +$996K +16,143 +0.5%
State Street
5
State Street
Massachusetts
$103M -$4.2M -68,079 -4%
Franklin Resources
6
Franklin Resources
California
$96.5M +$607K +9,842 +0.6%
American Century Companies
7
American Century Companies
Missouri
$86.8M +$4.03M +65,223 +4%
Arrowstreet Capital
8
Arrowstreet Capital
Massachusetts
$66.3M -$2.7M -43,816 -4%
Goldman Sachs
9
Goldman Sachs
New York
$65.5M +$15.1M +245,278 +26%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$63.9M +$598K +9,690 +0.9%
Jacobs Levy Equity Management
11
Jacobs Levy Equity Management
New Jersey
$61.3M -$5.34M -86,568 -7%
Allianz Asset Management
12
Allianz Asset Management
Germany
$52.6M +$17.9M +290,803 +45%
Wellington Management Group
13
Wellington Management Group
Massachusetts
$49.3M -$10.1M -163,708 -16%
Deutsche Bank
14
Deutsche Bank
Germany
$46M +$11.1M +179,776 +28%
Victory Capital Management
15
Victory Capital Management
Texas
$45.9M +$3.39K +55 +0%
HSBC Holdings
16
HSBC Holdings
United Kingdom
$44.7M -$10.9M -177,059 -18%
Pzena Investment Management
17
Pzena Investment Management
New York
$43.8M -$909K -14,726 -2%
Macquarie Group
18
Macquarie Group
Australia
$41.5M -$3.15M -51,050 -6%
Morgan Stanley
19
Morgan Stanley
New York
$38.7M -$13.5M -218,451 -24%
Charles Schwab
20
Charles Schwab
California
$38.7M +$579K +9,387 +1%
Northern Trust
21
Northern Trust
Illinois
$31.5M +$17.3K +281 +0%
Bank of America
22
Bank of America
North Carolina
$30M -$36.4K -589 -0.1%
Neuberger Berman Group
23
Neuberger Berman Group
New York
$25.4M -$413K -6,696 -1%
Bank of New York Mellon
24
Bank of New York Mellon
New York
$23.5M -$1.06M -17,209 -4%
MMA
25
Mizuho Markets Americas
New York
$20.3M +$2.31M +37,466 +11%

BFH Hedge Fund Activity: Q3 2025 in Review

345 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Bread Financial (BFH) for Q3 2025, worth a combined $2.72B — down 1.9% from $2.77B a quarter earlier.

Buyers outnumbered sellers: 54 funds opened new BFH positions and 45 closed out — a net gain of 9 holders — while 115 added to existing stakes and 116 trimmed.

The largest buyer was Allianz Asset Management, adding an estimated $17.9M. The largest seller was Turtle Creek Asset Management, cutting an estimated $19.2M.

  • 345 institutional investors held Bread Financial (BFH) as of Q3 2025, up from 339 in Q2 2025.
  • Funds reported $2.72B of Bread Financial stock for Q3 2025, down 1.9% quarter-over-quarter.
  • 54 funds opened new Bread Financial positions in Q3 2025 and 45 closed out, a net change of +9 holders.
  • The largest Bread Financial buyer in Q3 2025 was Allianz Asset Management, an estimated $17.9M added.
  • The largest Bread Financial seller in Q3 2025 was Turtle Creek Asset Management, an estimated $19.2M sold.

Based on aggregated 13F filings for Q3 2025.