Pennant Capital Management’s Bright Horizons BFAM Stock Holding History

Pennant Capital Management’s Portfolio BFAM Stock Details BFAM Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q1	–	Sell	-1,060,578	Closed	-$70.8M	–	38
2015 Q4	$70.8M	Sell	1,060,578 -784,867	-43%	-$50.7M	1.8%	29
2015 Q3	$119M	Sell	1,845,445 -488,776	-21%	-$30.2M	2.51%	20
2015 Q2	$135M	Sell	2,334,221 -89,100	-4%	-$4.86M	2.68%	21
2015 Q1	$124M	Sell	2,423,321 -810,877	-25%	-$40.3M	2.33%	19
2014 Q4	$152M	Hold	3,234,198	–	–	2.85%	17
2014 Q3	$136M	Sell	3,234,198 -861,502	-21%	-$36M	2.38%	20
2014 Q2	$176M	Sell	4,095,700 -185,100	-4%	-$7.5M	3.15%	13
2014 Q1	$167M	Buy	4,280,800 +1,250,000	+41%	+$47.7M	2.85%	15
2013 Q4	$111M	Buy	3,030,800 +15,000	+0.5%	+$539K	1.91%	26
2013 Q3	$108M	Sell	3,015,800 -16,700	-0.6%	-$600K	1.94%	24
2013 Q2	$105M	Buy	+3,032,500	New	+$102M	1.96%	23

Other funds holding BFAM

BCI

Bain Capital Investors Boston, Massachusetts $3.27B AUM 3.23% 1-Year Est. Return

BAMCO Inc New York $33.1B AUM 11.16% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

AllianceBernstein Nashville, Tennessee $309B AUM 23.92% 1-Year Est. Return

Massachusetts Financial Services Boston, Massachusetts $298B AUM 21.96% 1-Year Est. Return

TCM

TimesSquare Capital Management New York $5.89B AUM 28.74% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

ORI

Oak Ridge Investments Chicago, Illinois $1.51B AUM 37.25% 1-Year Est. Return

Pennant Capital Management's BFAM Position: Q1 2016 in Review

Pennant Capital Management sold out of Bright Horizons (BFAM) in Q1 2016, closing a stake of 1,060,578 shares — an estimated $70.8M sold.

Pennant Capital Management first reported a position in BFAM in Q2 2013 and held it in 11 quarters. The position peaked at $176M in Q2 2014. 196 funds tracked by Wall St. Rank hold BFAM as of Q1 2016.

Pennant Capital Management reported no remaining Bright Horizons position as of Q1 2016 after selling out during the quarter.
Pennant Capital Management sold 1,060,578 Bright Horizons shares in Q1 2016, an estimated $70.8M.
Pennant Capital Management first reported a position in Bright Horizons in Q2 2013 and held it in 11 quarters.
Pennant Capital Management's Bright Horizons position peaked at $176M in Q2 2014.
196 funds tracked by Wall St. Rank held Bright Horizons as of Q1 2016.

Based on Pennant Capital Management's 13F filing for Q1 2016, filed 16 May 2016.