Bright Horizons
BFAM
103 hedge funds and large institutions have $2.84B invested in Bright Horizons in 2014 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 46 increasing their positions, 28 reducing their positions, and 14 closing their positions.
64% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 28
57% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 14
11% more capital invested
Capital invested by funds: $2.56B → $2.84B (+$279M)
8% more funds holding
Funds holding: 95 → 103 (+8)
1.16% more ownership
Funds ownership: 99.47% → 100.62% (+1.2%)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$53.3M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$16M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$15.3M |
| 4 |
FMA
Fiduciary Management Associates
Chicago,
Illinois
|
+$15.2M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$13.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LOAMU
Lombard Odier Asset Management (USA)
New York
|
-$39.1M |
| 2 |
MC
Maplelane Capital
New York
|
-$13.4M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$12.1M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$10.8M |
| 5 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
-$10.6M |
BFAM Hedge Fund Activity: Q2 2014 in Review
103 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Bright Horizons (BFAM) for Q2 2014, worth a combined $2.84B — up 11% from $2.56B a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new BFAM positions and 14 closed out — a net gain of 8 holders — while 46 added to existing stakes and 28 trimmed.
The largest buyer was Wells Fargo, adding an estimated $53.3M. The largest seller was Lombard Odier Asset Management (USA), exiting entirely with an estimated $39.1M sold.
- 103 institutional investors held Bright Horizons (BFAM) as of Q2 2014, up from 95 in Q1 2014.
- Funds reported $2.84B of Bright Horizons stock for Q2 2014, up 11% quarter-over-quarter.
- 22 funds opened new Bright Horizons positions in Q2 2014 and 14 closed out, a net change of +8 holders.
- The largest Bright Horizons buyer in Q2 2014 was Wells Fargo, an estimated $53.3M added.
- The largest Bright Horizons seller in Q2 2014 was Lombard Odier Asset Management (USA), an estimated $39.1M sold.
Based on aggregated 13F filings for Q2 2014.