Bright Horizons
BFAM
109 hedge funds and large institutions have $2.91B invested in Bright Horizons in 2014 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 42 increasing their positions, 33 reducing their positions, and 9 closing their positions.
122% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 9
27% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 33
7% more funds holding
Funds holding: 102 → 109 (+7)
4% more capital invested
Capital invested by funds: $2.79B → $2.91B (+$122M)
6.58% less ownership
Funds ownership: 100.34% → 93.76% (-6.6%)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TimesSquare Capital Management
New York
|
+$41.2M |
| 2 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$24.7M |
| 3 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$23.1M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$14M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$12.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCI
Bain Capital Investors
Boston,
Massachusetts
|
-$352M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$13.4M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$7.29M |
| 4 |
PCM
Palisade Capital Management
Fort Lee,
New Jersey
|
-$5.98M |
| 5 |
BI
BlueSpruce Investments
Chicago,
Illinois
|
-$5.16M |
BFAM Hedge Fund Activity: Q4 2014 in Review
109 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Bright Horizons (BFAM) for Q4 2014, worth a combined $2.91B — up 4.4% from $2.79B a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new BFAM positions and 9 closed out — a net gain of 11 holders — while 42 added to existing stakes and 33 trimmed.
The largest buyer was TimesSquare Capital Management, adding an estimated $41.2M. The largest seller was Bain Capital Investors, cutting an estimated $352M.
- 109 institutional investors held Bright Horizons (BFAM) as of Q4 2014, up from 102 in Q3 2014.
- Funds reported $2.91B of Bright Horizons stock for Q4 2014, up 4.4% quarter-over-quarter.
- 20 funds opened new Bright Horizons positions in Q4 2014 and 9 closed out, a net change of +11 holders.
- The largest Bright Horizons buyer in Q4 2014 was TimesSquare Capital Management, an estimated $41.2M added.
- The largest Bright Horizons seller in Q4 2014 was Bain Capital Investors, an estimated $352M sold.
Based on aggregated 13F filings for Q4 2014.