Bright Horizons
BFAM
196 hedge funds and large institutions have $3.89B invested in Bright Horizons in 2016 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 82 increasing their positions, 62 reducing their positions, and 15 closing their positions.
153% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 15
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
32% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 62
13% more funds holding
Funds holding: 173 → 196 (+23)
0.07% less ownership
Funds ownership: 100.98% → 100.91% (-0.07%)
4% less capital invested
Capital invested by funds: $4.05B → $3.89B (-$163M)
31% less call options, than puts
Call options by funds: $538K | Put options by funds: $777K
Top Buyers
Top Sellers
| 1 |
PCM
Pennant Capital Management
Summit,
New Jersey
|
-$70.8M |
| 2 |
Handelsbanken Fonder
Stockholm,
Sweden
|
-$32.8M |
| 3 |
TCM
TimesSquare Capital Management
New York
|
-$28.9M |
| 4 |
BAMCO Inc
New York
|
-$9.3M |
| 5 |
William Blair & Company
Chicago,
Illinois
|
-$7.98M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ARTA
201
A.R.T. Advisors
New York
| – | -$909K | -13,625 | Closed |
|
|
CCM
202
Cadence Capital Management
Boston,
Massachusetts
| – | -$910K | -13,620 | Closed |
|
|
MC
203
Maplelane Capital
New York
| – | -$861K | -12,900 | Closed |
|
|
CIP
204
Champlain Investment Partners
Burlington,
Vermont
| – | -$521K | -7,800 | Closed |
|
205
Tudor Investment Corp
Stamford,
Connecticut
| – | -$492K | -7,362 | Closed |
|
|
PCM
206
Piermont Capital Management
St. Louis,
Missouri
| – | -$442K | -6,610 | Closed |
|
207
Marshall Wace
London,
United Kingdom
| – | -$290K | -4,345 | Closed |
|
208
Fuller & Thaler Asset Management
San Mateo,
California
| – | -$87K | -1,300 | Closed |
|
|
MCM
209
Manchester Capital Management
Manchester,
Vermont
| – | -$53K | -800 | Closed |
|
210
Acadian Asset Management
Boston,
Massachusetts
| – | -$6K | -84 | Closed |
|
|
CCA
211
Checchi Capital Advisers
Beverly Hills,
California
| – | +$321 | +5 | New |
|
BFAM Hedge Fund Activity: Q1 2016 in Review
196 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Bright Horizons (BFAM) for Q1 2016, worth a combined $3.89B — down 4% from $4.05B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new BFAM positions and 15 closed out — a net gain of 23 holders — while 82 added to existing stakes and 62 trimmed.
The largest buyer was Ardevora Asset Management, opening a new position worth an estimated $26.7M. The largest seller was Pennant Capital Management, exiting entirely with an estimated $70.8M sold.
- 196 institutional investors held Bright Horizons (BFAM) as of Q1 2016, up from 173 in Q4 2015.
- Funds reported $3.89B of Bright Horizons stock for Q1 2016, down 4% quarter-over-quarter.
- 38 funds opened new Bright Horizons positions in Q1 2016 and 15 closed out, a net change of +23 holders.
- The largest Bright Horizons buyer in Q1 2016 was Ardevora Asset Management, an estimated $26.7M added.
- The largest Bright Horizons seller in Q1 2016 was Pennant Capital Management, an estimated $70.8M sold.
Based on aggregated 13F filings for Q1 2016.