Bright Horizons
BFAM
283 hedge funds and large institutions have $4.57B invested in Bright Horizons in 2023 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 113 increasing their positions, 97 reducing their positions, and 36 closing their positions.
61% more call options, than puts
Call options by funds: $1.09M | Put options by funds: $678K
23% more capital invested
Capital invested by funds: $3.71B → $4.57B (+$862M)
16% more repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 97
0.28% more ownership
Funds ownership: 102.2% → 102.48% (+0.28%)
0% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 36
2% less funds holding
Funds holding: 288 → 283 (-5)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCP
Durable Capital Partners
Bethesda,
Maryland
|
+$139M |
| 2 |
SPPAM
Summit Partners Public Asset Management
Boston,
Massachusetts
|
+$24.9M |
| 3 |
JP Morgan Chase
New York
|
+$23.8M |
| 4 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$15.5M |
| 5 |
William Blair Investment Management
Chicago,
Illinois
|
+$13.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$49.3M |
| 2 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$27.7M |
| 3 |
Amundi
Paris,
France
|
-$23.9M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$20.3M |
| 5 |
Swedbank
Stockholm,
Sweden
|
-$19.2M |
BFAM Hedge Fund Activity: Q1 2023 in Review
283 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Bright Horizons (BFAM) for Q1 2023, worth a combined $4.57B — up 23% from $3.71B a quarter earlier.
Fund positioning in BFAM was balanced in Q1 2023: 36 funds opened new positions, 36 closed out, 113 added to existing stakes and 97 trimmed.
The largest buyer was Durable Capital Partners, opening a new position worth an estimated $139M. The largest seller was T. Rowe Price Associates, cutting an estimated $49.3M.
- 283 institutional investors held Bright Horizons (BFAM) as of Q1 2023, down from 288 in Q4 2022.
- Funds reported $4.57B of Bright Horizons stock for Q1 2023, up 23% quarter-over-quarter.
- 36 funds opened new Bright Horizons positions in Q1 2023 and 36 closed out, a net change of 0 holders.
- The largest Bright Horizons buyer in Q1 2023 was Durable Capital Partners, an estimated $139M added.
- The largest Bright Horizons seller in Q1 2023 was T. Rowe Price Associates, an estimated $49.3M sold.
Based on aggregated 13F filings for Q1 2023.