Bright Horizons
BFAM
136 hedge funds and large institutions have $3.5B invested in Bright Horizons in 2015 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 63 increasing their positions, 36 reducing their positions, and 11 closing their positions.
182% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 11
75% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 36
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
17% more funds holding
Funds holding: 116 → 136 (+20)
10% more capital invested
Capital invested by funds: $3.19B → $3.5B (+$315M)
2.68% less ownership
Funds ownership: 100.73% → 98.05% (-2.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$48.8M |
| 2 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$26.5M |
| 3 |
KI
Kalmar Investments
Greenville,
Delaware
|
+$12.3M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$8.81M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$8.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCI
Bain Capital Investors
Boston,
Massachusetts
|
-$163M |
| 2 |
FMA
Fiduciary Management Associates
Chicago,
Illinois
|
-$24.8M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$7.07M |
| 4 |
PCM
Pennant Capital Management
Summit,
New Jersey
|
-$4.86M |
| 5 |
Brown Advisory
Baltimore,
Maryland
|
-$4.64M |
BFAM Hedge Fund Activity: Q2 2015 in Review
136 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Bright Horizons (BFAM) for Q2 2015, worth a combined $3.5B — up 9.9% from $3.19B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new BFAM positions and 11 closed out — a net gain of 20 holders — while 63 added to existing stakes and 36 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $48.8M. The largest seller was Bain Capital Investors, cutting an estimated $163M.
- 136 institutional investors held Bright Horizons (BFAM) as of Q2 2015, up from 116 in Q1 2015.
- Funds reported $3.5B of Bright Horizons stock for Q2 2015, up 9.9% quarter-over-quarter.
- 31 funds opened new Bright Horizons positions in Q2 2015 and 11 closed out, a net change of +20 holders.
- The largest Bright Horizons buyer in Q2 2015 was Fidelity Investments, an estimated $48.8M added.
- The largest Bright Horizons seller in Q2 2015 was Bain Capital Investors, an estimated $163M sold.
Based on aggregated 13F filings for Q2 2015.