Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Bath & Body Works Inc (BBWI)

454 + Investors. Track Smart Money conviction in BBWI. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +23
Streak
1Q ▲
Buyers last Q
59%

Smart Money Signals — BBWI

Based on 466 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added BBWI than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
📊

High ownership — 92% of 3.0Y peak

92% of all-time peak
466 funds currently hold this stock — 92% of the 3.0-year high of 504 funds (reached 2024 Q2). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding BBWI is almost the same as a year ago (+5 funds, +1% change). No significant rush to buy or sell — institutional backing is holding steady.
🟡

Slight buying edge — 59% buying

294 buying201 selling
Last quarter: 294 funds bought or added vs 201 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~90 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 82 → 91 → 91 → 90. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

57% of holders stayed for 2+ years

■ 57% conviction (2yr+) ■ 23% medium ■ 20% new
264 out of 466 hedge funds have held BBWI for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
➡️

Steady discovery — ~90 new funds/quarter

79 → 82 → 91 → 91 → 90 new funds/Q
New funds entering each quarter: 82 → 91 → 91 → 90. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 66% veterans vs 23% newcomers

■ 66% veterans ■ 11% 1-2yr ■ 23% new
Entry-cohort mix of 491 holders: 326 (66%) are 2+ year veterans, 53 entered 1–2 years ago, and 112 (23%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 61% AUM from top-100 funds

61% from top-100 AUM funds
61 of 464 holders are among the 100 largest funds by AUM, controlling 61% of total institutional value in BBWI. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.1
out of 10
Low Exit Risk
Exit risk score 3.1/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — BBWI

In 2026 Q1, 294 hedge funds were net buyers of BBWI (90 opened a new position, 204 added to an existing one), while 201 reduced or exited (134 trimmed, 67 sold completely) — a 59% buyer ratio, indicating a slight buying edge. 61% of total institutional value in BBWI is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +23 funds (more new holders than closures). Total institutional holders: 466.

Hedge Fund Ownership: BBWI

How many hedge funds hold BBWI — quarterly history vs. share price
Quarterly hedge fund ownership of BBWI vs. share price

Market Analysis: BBWI

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: BBWI

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

19 top-rated funds 0 high-conviction
Consensus
5.6
/ 10
breadth
×
Elite
1.1
/ 10
conviction
Hedge Fund Positioning: BBWI
454 + Investors

Track Smart Money conviction in BBWI. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 454 466 -2.58%
13F Shares 211M 209M 0.74%
Total Value $4.68B $3.85B 21.47%
New Positions 78 90 -12
Increased Positions 167 195 -28
Closed Positions 84 67 +17
Reduced Positions 168 131 +37
Total Calls 13 14 -7.14%
Total Puts 11 13 -15.38%
PUT/CALL Ratio 0.85 0.93 Neutral

Statistics: BBWI

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q2)

454 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in BBWI. Verified SEC 13F-HR filings.

QUARTER:
Top 25 BBWI holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Barington Companies Management, LLC 12.61% 775,000 $17.9M
2 Gmt Capital Corp 4.22% 3,497,500 $80.9M
3 Callodine Capital Management, LP 2.03% 1,342,750 $31.1M
4 Darwins River Capital, LP 1.11% 87,393 $2.0M
5 Unifi Asset Management LP 0.89% 64,634 $1.3M
6 Carolina Wealth Advisors, LLC 0.84% 92,883 $2.1M
7 Vaughan Nelson Investment Management, L.P. 0.64% 3,116,847 $72.1M
8 VARCOV Co. 0.63% 71,942 $1.7M
9 Masters Capital Management LLC 0.59% 1,000,000 $23.1M
10 Frazier Financial Advisors, LLC 0.57% 48,728 $1.1M
11 1834 Investment Advisors Co 0.51% 193,024 $4.5M
12 Paradigm Capital Management Inc/Ny 0.46% 738,400 $17.1M
13 Clark Estates Inc/Ny 0.40% 75,600 $1.7M
14 Islay Capital Management, LLC 0.40% 37,584 $869K
15 Saxon Interests, INC. 0.39% 61,458 $1.4M
16 Kwmg, LLC 0.39% 230,999 $5.3M
17 Missouri Trust & Investment Co 0.36% 66,185 $1.3M
18 Dynamic Technology Lab Private Ltd 0.36% 69,185 $1.6M
19 Bronte Capital Management Pty Ltd. 0.36% 143,800 $3.3M
20 Old National Bancorp /In/ 0.33% 718,792 $16.6M
21 Bridgefront Capital, LLC 0.32% 51,869 $1.2M
22 Qsemble Capital Management, LP 0.31% 103,470 $2.4M
23 Fund 1 Investments, LLC 0.29% 74,404 $1.7M
24 Wbi Investments, LLC 0.25% 44,239 $1.0M
25 Inceptionr LLC 0.25% 44,662 $1.0M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Bath & Body Works Inc (BBWI)

What does the Smart Money Trend signal show for BBWI?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added BBWI than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for BBWI?

Slight buying edge — 59% buying: Last quarter: 294 funds bought or added vs 201 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for BBWI holders?

Elite ownership — 61% AUM from top-100 funds: 61 of 464 holders are among the 100 largest funds by AUM, controlling 61% of total institutional value in BBWI. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held BBWI?

57% of holders stayed for 2+ years: 264 out of 466 hedge funds have held BBWI for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

Full history →