Bright Horizons
BFAM
102 hedge funds and large institutions have $2.79B invested in Bright Horizons in 2014 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 42 increasing their positions, 33 reducing their positions, and 15 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
27% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 33
0.28% less ownership
Funds ownership: 100.62% → 100.34% (-0.28%)
1% less funds holding
Funds holding: 103 → 102 (-1)
2% less capital invested
Capital invested by funds: $2.84B → $2.79B (-$50M)
7% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$31.5M |
| 2 |
O
OppenheimerFunds
New York
|
+$14.4M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$12M |
| 4 |
GCM
Geneva Capital Management
Milwaukee,
Wisconsin
|
+$8.29M |
| 5 |
FMA
Fiduciary Management Associates
Chicago,
Illinois
|
+$7.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Pennant Capital Management
Summit,
New Jersey
|
-$36M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$25.3M |
| 3 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$7.76M |
| 4 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
-$7.65M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$7.57M |
BFAM Hedge Fund Activity: Q3 2014 in Review
102 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Bright Horizons (BFAM) for Q3 2014, worth a combined $2.79B — down 1.8% from $2.84B a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of BFAM and 14 opened new positions — a net loss of 1 holder — while 33 trimmed existing stakes and 42 added.
The largest buyer was T. Rowe Price Associates, opening a new position worth an estimated $31.5M. The largest seller was Pennant Capital Management, cutting an estimated $36M.
- 102 institutional investors held Bright Horizons (BFAM) as of Q3 2014, down from 103 in Q2 2014.
- Funds reported $2.79B of Bright Horizons stock for Q3 2014, down 1.8% quarter-over-quarter.
- 14 funds opened new Bright Horizons positions in Q3 2014 and 15 closed out, a net change of -1 holder.
- The largest Bright Horizons buyer in Q3 2014 was T. Rowe Price Associates, an estimated $31.5M added.
- The largest Bright Horizons seller in Q3 2014 was Pennant Capital Management, an estimated $36M sold.
Based on aggregated 13F filings for Q3 2014.