Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

BATH & BODY WORKS INC (BBWI)

447 + 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
↓ -25
Streak
1Q ▼
Buyers last Q
44%

Smart Money Signals — BBWI

Based on 442 hedge funds · latest filing: 2025 Q4 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their BBWI positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 88% of 3.0Y peak

88% of all-time peak
442 funds currently hold this stock — 88% of the 3.0-year high of 503 funds (reached 2024 Q2). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 7% fewer funds vs a year ago

fund count last 6Q
35 fewer hedge funds hold BBWI compared to a year ago (-7% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 44% buying

234 buying300 selling
Last quarter: 300 funds reduced or exited vs 234 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
➡️

Steady new buyers — ~90 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 79 → 81 → 91 → 90. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

60% of holders stayed for 2+ years

■ 60% conviction (2yr+) ■ 21% medium ■ 19% new
264 out of 442 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.
💎

Buying through price weakness — shares -12%, value -31%

Value
-31%
Shares
-12%
Last quarter: funds added -12% more shares while total portfolio value only changed -31%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📈

Growing discovery — still being found

127 → 79 → 81 → 91 → 90 new funds/Q
New funds entering each quarter: 79 → 81 → 91 → 90. A growing number of institutions are discovering BBWI each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 67% of holders stayed 2+ years

■ 67% veterans ■ 10% 1-2yr ■ 23% new
Of 469 current holders: 316 (67%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 65% AUM from top-100 funds

65% from top-100 AUM funds
61 of 442 holders are among the 100 largest funds by AUM, controlling 65% 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.
3.2
out of 10
Low Exit Risk
Exit risk score 3.2/10 — 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 2025 Q4, 234 hedge funds were net buyers of BBWI (90 opened a new position, 144 added to an existing one), while 300 reduced or exited (185 trimmed, 115 sold completely) — a 44% buyer ratio, indicating roughly balanced activity. 65% of total institutional value in BBWI is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -25 funds (more exits than new entries). Total institutional holders: 442.

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.

Is It Too Late to Buy BATH & BODY WORKS INC (BBWI) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much BBWI has moved relative to its sector benchmark (XLY) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 49d ago
BBWI
-11.4%
XLY
+6.7%

BBWI outperformed XLY by -18.1% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 4d ago
BBWI
-5.1%
XLY
-0.4%

Since the filing became public, BBWI outperformed XLY by -4.7% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

64 top-rated funds 0 high-conviction
Consensus
7.9
/ 10
breadth
×
Elite
1.3
/ 10
conviction
Hedge Fund Positioning: BBWI
2026 Q1 Stats Unlock in 1 days 447 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 447 468 -4.49%
13F Shares 203M 231M -12.05%
Total Value $4.07B $5.92B -31.21%
New Positions 91 90 +1
Increased Positions 180 221 -41
Closed Positions 113 92 +21
Reduced Positions 207 200 +7
Total Calls 16 14 14.29%
Total Puts 15 17 -11.76%
PUT/CALL Ratio 0.94 1.21 Neutral

Statistics: BBWI

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Total Cash (mrq) --
Total Debt/Equity (mrq) --
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Institutional Holders (2026 Q1)

447 + 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 institutional holders of BBWI — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Makaira Partners LLC 11.53% 734,355 $14.7M
2 BARINGTON COMPANIES MANAGEMENT, LLC 5.31% 350,000 $6.5M
3 GMT CAPITAL CORP 3.56% 4,174,000 $77.9M
4 Fund 1 Investments, LLC 2.72% 1,270,179 $23.7M
5 Callodine Capital Management, LP 1.37% 1,050,000 $19.6M
6 LECAP ASSET MANAGEMENT LTD 0.74% 104,892 $2.0M
7 Carolina Wealth Advisors, LLC 0.73% 94,145 $1.8M
8 VARCOV Co. 0.70% 100,695 $1.9M
9 South Dakota Investment Council 0.63% 1,756,048 $33K
10 Blueshift Asset Management, LLC 0.59% 104,283 $1.9M
11 VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 0.53% 2,852,040 $53.2M
12 Sciencast Management LP 0.51% 213,895 $4.0M
13 Frazier Financial Advisors, LLC 0.50% 48,728 $910K
14 Dynamic Technology Lab Private Ltd 0.40% 132,746 $2.5M
15 SAXON INTERESTS, INC. 0.39% 61,277 $1.1M
16 CHASE INVESTMENT COUNSEL CORP 0.39% 80,000 $1.5M
17 Bayforest Capital Ltd 0.37% 17,641 $329K
18 PARADIGM CAPITAL MANAGEMENT INC/NY 0.34% 481,100 $9.0M
19 CLARK ESTATES INC/NY 0.34% 75,600 $1.4M
20 ARGA Investment Management, LP 0.33% 545,534 $10.2M
21 KWMG, LLC 0.33% 213,646 $4.0M
22 Bronte Capital Management Pty Ltd. 0.29% 155,508 $2.9M
23 ISLAY CAPITAL MANAGEMENT, LLC 0.27% 28,100 $525K
24 AIGEN INVESTMENT MANAGEMENT, LP 0.24% 50,394 $941K
25 Qsemble Capital Management, LP 0.23% 162,313 $3.0M
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?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their BBWI positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for BBWI?

More sellers than buyers — 44% buying: Last quarter: 300 funds reduced or exited vs 234 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for BBWI holders?

Elite ownership — 65% AUM from top-100 funds: 61 of 442 holders are among the 100 largest funds by AUM, controlling 65% 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?

60% of holders stayed for 2+ years: 264 out of 442 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.

Is it too late to buy BATH & BODY WORKS INC (BBWI) following the 2026 Q1 hedge fund 13F filings?

As of today, BBWI has moved -5.1% since the 2026 Q1 13F filing date (May 15, 2026), compared to -0.4% for the XLY sector ETF — an outperformance of -4.7%. Since the quarter end (March 31, 2026), BBWI has gained -11.4% vs +6.7% for XLY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

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.