Bath & Body Works

BBWI • NYSE

Bath & Body Works is a specialty retail company in the consumer cyclical sector on NYSE, led by Gina Boswell, with a market cap of $4.1B. As of Q3 2025, 106% of shares are held by 462 institutional investors, with VANGUARD GROUP INC as the largest holder at 12.87%.

Chief Executive OfficerGina Boswell

Market Cap$4.1B

Specialty Retail

Consumer Cyclical

Employees57.2K

Websitebbwinc.com

Country

United States of America

Overview

Overview of institutional ownership in BBWI as of Q3 2025 with a market cap of $5.3B

All Institutions

Institutions: 462
Value Held: $5.6B
Shares Held: 218.0M
Avg Position: $12.2M
Median Position: $813.4K

Hedge Funds

Hedge Funds: 54
Value Held: $939.5M
Shares Held: 36.5M
Avg Position: $17.4M
Median Position: $4.8M

Ownership Breakdown

Institutional (non-HF)

88.08%

$4.7B

Hedge Funds

17.69%

$939.5M

Retail & Other

Based on market cap of $5.3B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in BBWI as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$683.5M 0.01% of portfolio	12.87% 26.5M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
B BlackRock, Inc. Institution	-	$544.3M 0.01% of portfolio	10.25% 21.1M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
FMR LLC Institution	-	$442.5M 0.02% of portfolio	8.33% 17.2M shares	≤ Q2 2013 Held for 12y 5m+	$1.92T
VICTORY CAPITAL MANAGEMENT INC Long Only Manager	David Craig Brown CEO	$219.2M 0.14% of portfolio	4.13% 8.5M shares	Q4 2014 Held for 10y 11m	$158.22B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$177.1M 0.01% of portfolio	3.33% 6.9M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
JPMORGAN CHASE & CO Institution	Jamie Dimon CEO	$171.0M 0.01% of portfolio	3.22% 6.6M shares	≤ Q2 2013 Held for 12y 5m+	$1.56T
ALLIANCEBERNSTEIN L.P. Long Only Manager	Seth Perry Bernstein CEO	$151.0M 0.05% of portfolio	2.84% 5.9M shares	≤ Q2 2013 Held for 12y 5m+	$317.45B
A AMERICAN CENTURY COMPANIES INC Institution	-	$133.3M 0.07% of portfolio	2.51% 5.2M shares	Q1 2020 Held for 5y 8m	$195.93B
C COOPER CREEK PARTNERS MANAGEMENT LLC Hedge Fund•Long/Short	Robert (Nmn) Schwartz CEO	$129.0M 4.90% of portfolio	2.43% 5.0M shares	Q3 2024 Held for 1y 2m	$2.6B
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	David Gary Kabiller Founder	$126.8M 0.08% of portfolio	2.39% 4.9M shares	≤ Q2 2013 Held for 12y 5m+	$156.17B

Net Capital Flow

Institutional buying and selling activity for BBWI in Q3 2025

Traded: +$381.6M
Buyers: 265
Sellers: 242
Total Bought: +$1.1B
Total Sold: −$761.9M
Avg Position: $10.2M

Biggest Buyers

Institution	Net Bought	Current Position
A AMERICAN CENTURY COMPANIES INC Institution	+$127.5M +4.9M shares	$133.3M 5.2M shares
FMR LLC Institution	+$122.7M +4.8M shares	$442.5M 17.2M shares
JUPITER ASSET MANAGEMENT LTD Long Only Manager	+$81.0M +3.1M shares	$95.7M 3.7M shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	+$45.9M +1.8M shares	$67.0M 2.6M shares
VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. Long Only Manager	+$43.1M +1.7M shares	$43.1M 1.7M shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$42.1M +1.6M shares	$44.5M 1.7M shares
MORGAN STANLEY RIA/Wealth	+$34.8M +1.4M shares	$102.7M 4.0M shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	+$33.8M +1.3M shares	$37.2M 1.4M shares
ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant	+$31.9M +1.2M shares	$31.9M 1.2M shares
Marshall Wace LLP Institution	+$24.3M +941.4K shares	$36.7M 1.4M shares

Biggest Sellers

Institution	Net Sold	Current Position
VICTORY CAPITAL MANAGEMENT INC Long Only Manager	−$116.6M −4.5M shares	$219.2M 8.5M shares
Point72 Asset Management, L.P. Hedge Fund•Multi-Strategy	−$91.1M −3.5M shares	$53.4M 2.1M shares
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	−$70.0M −2.7M shares	$27.2M 1.1M shares
FULLER & THALER ASSET MANAGEMENT, INC. Long Only Manager	−$52.5M −2.0M shares	$60.4M 2.3M shares
FRANKLIN RESOURCES INC Institution	−$43.1M −1.7M shares	$24.2M 936.1K shares
T T. Rowe Price Investment Management, Inc. Insurance Manager	−$36.0M −1.2M shares	Sold Off 0 shares
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$33.6M −1.1M shares	Sold Off 0 shares
J JANE STREET GROUP, LLC Institution	−$19.7M −765.5K shares	$7.8M 302.2K shares
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	−$15.8M −527.4K shares	Sold Off 0 shares
GMT CAPITAL CORP Hedge Fund•Long/Short	−$15.5M −600.5K shares	$89.3M 3.5M shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited BBWI in Q3 2025

New Positions: 35
New Value: $119.8M
Exited Positions: 87
Exited Value: $174.8M

New Positions

Institution	Position Value
VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. Long Only Manager	$43.1M 1.7M shares
C Capital International Investors Institution	$23.6M 916.4K shares
ARGA Investment Management, LP Long Only Manager	$16.0M 621.1K shares
CLIFFORD CAPITAL PARTNERS LLC Long Only Manager	$9.8M 380.4K shares
Western Standard, LLC Hedge Fund•Long/Short	$6.8M 263.1K shares
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC Long Only Manager	$5.6M 217.0K shares
ATLANTIC INVESTMENT MANAGEMENT INC Hedge Fund•Activist	$3.9M 150.0K shares
Access Investment Management LLC RIA/Wealth	$3.5M 136.1K shares
M Maxi Investments CY Ltd Institution	$2.0M 77.0K shares
I Iowa State Bank Institution	$1.2M 48.3K shares

Exited Positions

Institution	Previous Position
T T. Rowe Price Investment Management, Inc. Insurance Manager	$36.0M 1.2M shares
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	$33.6M 1.1M shares
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$15.8M 527.4K shares
Trexquant Investment LP Hedge Fund•Quant	$13.2M 441.9K shares
T TWINBEECH CAPITAL LP Hedge Fund•Quant	$12.8M 428.3K shares
M M&G Plc Institution	$12.2M 408.2K shares
E Eisler Capital Management Ltd. Institution	$5.9M 195.7K shares
S Sciencast Management LP Hedge Fund•Quant	$3.9M 130.8K shares
T TEXAS PERMANENT SCHOOL FUND Institution	$3.0M 101.5K shares
Kingsview Wealth Management, LLC RIA/Wealth	$2.9M 97.0K shares

Options Activity

Institutions with the largest Call and Put options positions in BBWI as of Q3 2025

Call Positions: 19
Call Value: $80.9M
Put Positions: 25
Put Value: $312.9M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$19.8M 7.7K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$12.6M 4.9K contracts
S Shay Capital LLC Institution	$12.2M 4.7K contracts
J JANE STREET GROUP, LLC Institution	$7.5M 2.9K contracts
S Squarepoint Ops LLC Hedge Fund•Quant	$6.9M 2.7K contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$6.7M 2.6K contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$5.5M 2.1K contracts
Walleye Trading LLC RIA/Wealth	$2.8M 1.1K contracts
Governors Lane LP Hedge Fund•Event Driven	$2.6M 1.0K contracts
W WOLVERINE TRADING, LLC Institution	$2.5M 970.0 contracts

Put Positions

Institution	Position Value
BARCLAYS PLC Institution	$101.0M 39.2K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$84.8M 32.9K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$24.3M 9.4K contracts
Caption Management, LLC Hedge Fund•Long/Short	$23.4M 9.1K contracts
J JANE STREET GROUP, LLC Institution	$19.1M 7.4K contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$19.0M 7.4K contracts
UBS Group AG Institution	$17.2M 6.7K contracts
W WOLVERINE TRADING, LLC Institution	$6.6M 2.5K contracts
E Eisler Capital Management Ltd. Institution	$3.7M 1.4K contracts
Walleye Trading LLC RIA/Wealth	$2.7M 1.0K contracts

Most Committed Institutions

Institutions with BBWI as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Makaira Partners LLC Hedge Fund•Value	Thomas Moore Bancroft CIO	18.12% $35.3M	0.66% 1.4M shares	Q4 2017 Held for 7y 11m	$194.7M
B Baypointe Partners LLC Hedge Fund•Long/Short	Sean James Gambino Founder	5.89% $12.9M	0.24% 500.0K shares	Q1 2025 Held for 8 months	$218.8M
C COOPER CREEK PARTNERS MANAGEMENT LLC Hedge Fund•Long/Short	Robert (Nmn) Schwartz CEO	4.90% $129.0M	2.43% 5.0M shares	Q3 2024 Held for 1y 2m	$2.6B
BRIDGER MANAGEMENT, LLC Hedge Fund•Long/Short	Matthew P Truax COO	4.51% $7.7M	0.15% 300.6K shares	Q2 2023 Held for 2y 5m	$171.6M
GMT CAPITAL CORP Hedge Fund•Long/Short	Thomas Eugene Claugus President	4.05% $89.3M	1.68% 3.5M shares	Q2 2022 Held for 3y 5m	$2.2B
F Fund 1 Investments, LLC Institution	-	3.88% $31.6M	0.60% 1.2M shares	Q2 2024 Held for 1y 5m	$814.8M
Western Standard, LLC Hedge Fund•Long/Short	Eric David Andersen Managing Partner	3.62% $6.8M	0.13% 263.1K shares	Q3 2025 Held for 2 months	$187.0M
F Forest Avenue Capital Management LP Hedge Fund•Long/Short	Tarigh Nmn Yusufi Founder	3.33% $46.4M	0.87% 1.8M shares	Q4 2022 Held for 2y 11m	$1.4B
B BARINGTON CAPITAL GROUP, L.P. Institution	-	2.42% $3.2M	0.06% 125.0K shares	Q3 2025 Held for 2 months	$133.2M
TREMBLANT CAPITAL GROUP Institution	Brett Edward Bruce Barakett CEO	2.35% $22.5M	0.42% 874.6K shares	Q4 2024 Held for 11 months	$958.1M