BBRC International Reduces Stake in Victoria's Secret & Co. to 11.6%
On June 4, 2026, BBRC International Pte Ltd and associated reporting persons, including BBFIT Investments Pte Ltd and Brett Blundy, filed an amendment to their Schedule 13D regarding Victoria's Secret & Co. (VSCO). The filing reveals a decrease in their collective ownership stake following open market sales. Specifically, on June 2, 2026, BBFIT sold 1,107,672 shares at a weighted-average price of $80.11, and on June 4, 2026, it sold an additional 27,758 shares at a weighted-average price of $80.03. Following these transactions, the reporting persons' aggregate ownership decreased from approximately 13.0% (10,310,631 shares) to 11.6% (9,175,101 shares). The reporting entities, which include the BB Family International Trust, share voting and dispositive power over the remaining shares. Brett Blundy, as the sole shareholder of BBRC International, maintains indirect beneficial ownership of the position. This filing represents Amendment No. 6 to the original Schedule 13D filed in February 2024.