Bread Financial
419 hedge funds and large institutions have $4.25B invested in Bread Financial in 2026 Q2 according to their latest regulatory filings, with 79 funds opening new positions, 122 increasing their positions, 158 reducing their positions, and 41 closing their positions.
93% more first-time investments, than exits
New positions opened: 79 | Existing positions closed: 41
31% more capital invested
Capital invested by funds: $3.24B → $4.25B (+$1B)
8% more funds holding
Funds holding: 389 → 419 (+30)
3.36% less ownership
Funds ownership: 100.5% → 97.15% (-3.4%)
23% less repeat investments, than reductions
Existing positions increased: 122 | Existing positions reduced: 158
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
34% less call options, than puts
Call options by funds: $22M | Put options by funds: $33.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
+$24.1M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$14.3M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$12.7M |
| 4 |
Millennium Management
New York
|
+$11.2M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
+$9.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCAM
Turtle Creek Asset Management
Toronto,
Ontario, Canada
|
-$101M |
| 2 |
BlackRock
New York
|
-$30.2M |
| 3 |
SG Americas Securities
New York
|
-$30.1M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$29.6M |
| 5 |
Franklin Resources
San Mateo,
California
|
-$29.3M |
BFH Hedge Fund Activity: Q2 2026 in Review
419 of the 8,303 institutional investors tracked by Wall St. Rank reported a position in Bread Financial (BFH) for Q2 2026, worth a combined $4.25B — up 31% from $3.24B a quarter earlier.
Buyers outnumbered sellers: 79 funds opened new BFH positions and 41 closed out — a net gain of 38 holders — while 122 added to existing stakes and 158 trimmed.
The largest buyer was Empowered Funds, adding an estimated $24.1M. The largest seller was Turtle Creek Asset Management, cutting an estimated $101M.
- 419 institutional investors held Bread Financial (BFH) as of Q2 2026, up from 389 in Q1 2026.
- Funds reported $4.25B of Bread Financial stock for Q2 2026, up 31% quarter-over-quarter.
- 79 funds opened new Bread Financial positions in Q2 2026 and 41 closed out, a net change of +38 holders.
- The largest Bread Financial buyer in Q2 2026 was Empowered Funds, an estimated $24.1M added.
- The largest Bread Financial seller in Q2 2026 was Turtle Creek Asset Management, an estimated $101M sold.
Based on aggregated 13F filings for Q2 2026.