at least one investor exited bed bath  beyond ahead of gamestop chairman ryan cohen securities and exchange commission filings show that jake freeman who reportedly is a 20yearold student made 110 million from memestock favorite bed bath  beyond bbby  freeman snapped up a 62 stake in the homeware retailer in july – almost 5 million shares equating to approximately 25 million or 550 per share on tuesday freeman sold over 130 million worth of stock the filings show “i certainly did not expect such a vicious rally upwards” freeman told the financial times on wednesday “i thought this was going to be a six months plus play… i was really shocked that it went up so fast” freeman didn’t respond to an email from marketwatch seeking comment shares of bed bath  beyond fell more than 18 in afterhours trading on wednesday after cohen disclosed his plans to sell his big stake in the company just months after he bought it the report said he’s a student at the university of southern california and raised the initial money from friends and family freeman has interned for new jersey hedge fund volaris capital over the years according to his linkedin profile according to the ft freeman and his uncle dr scott freeman a former pharmaceutical executive recently amassed an activist stake in pharmaceutical company mind medicine mnmd  after freeman acquired bed bath  beyond in july via freeman capital management a fund registered in wyoming according to filings with the sec he sent a letter to management saying the company was “facing an existential crisis for its survival” he advised the board to “cut its cashburn rate drastically improve its capital structure and raise cash” he suggests taking advantage of the implied volatility of the stock by swapping debt and then issuing a convertible bond