Bright Horizons
BFAM
222 hedge funds and large institutions have $5.07B invested in Bright Horizons in 2017 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 81 increasing their positions, 90 reducing their positions, and 32 closing their positions.
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
13% more capital invested
Capital invested by funds: $4.48B → $5.07B (+$597M)
2.58% more ownership
Funds ownership: 96.88% → 99.46% (+2.6%)
6% less funds holding
Funds holding: 237 → 222 (-15)
10% less repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 90
28% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$60.3M |
| 2 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$55.2M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$39.8M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$25.7M |
| 5 |
JP Morgan Chase
New York
|
+$24.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TimesSquare Capital Management
New York
|
-$22.7M |
| 2 |
ORI
Oak Ridge Investments
Chicago,
Illinois
|
-$17.8M |
| 3 |
LCM
Laurion Capital Management
New York
|
-$17.2M |
| 4 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
-$12.7M |
| 5 |
Westfield Capital Management
Boston,
Massachusetts
|
-$10.3M |
BFAM Hedge Fund Activity: Q3 2017 in Review
222 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Bright Horizons (BFAM) for Q3 2017, worth a combined $5.07B — up 13% from $4.48B a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of BFAM and 23 opened new positions — a net loss of 9 holders — while 90 trimmed existing stakes and 81 added.
The largest buyer was Goldman Sachs, adding an estimated $60.3M. The largest seller was TimesSquare Capital Management, cutting an estimated $22.7M.
- 222 institutional investors held Bright Horizons (BFAM) as of Q3 2017, down from 237 in Q2 2017.
- Funds reported $5.07B of Bright Horizons stock for Q3 2017, up 13% quarter-over-quarter.
- 23 funds opened new Bright Horizons positions in Q3 2017 and 32 closed out, a net change of -9 holders.
- The largest Bright Horizons buyer in Q3 2017 was Goldman Sachs, an estimated $60.3M added.
- The largest Bright Horizons seller in Q3 2017 was TimesSquare Capital Management, an estimated $22.7M sold.
Based on aggregated 13F filings for Q3 2017.