Bright Horizons
BFAM
369 hedge funds and large institutions have $8.49B invested in Bright Horizons in 2019 Q4 according to their latest regulatory filings, with 67 funds opening new positions, 124 increasing their positions, 127 reducing their positions, and 41 closing their positions.
63% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 41
6% more funds holding
Funds holding: 347 → 369 (+22)
0.2% less ownership
Funds ownership: 97.29% → 97.1% (-0.2%)
2% less capital invested
Capital invested by funds: $8.63B → $8.49B (-$145M)
2% less repeat investments, than reductions
Existing positions increased: 124 | Existing positions reduced: 127
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
68% less call options, than puts
Call options by funds: $571K | Put options by funds: $1.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Select Equity Group
New York
|
+$102M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$67.4M |
| 3 |
BBHC
Brown Brothers Harriman & Co
New York
|
+$56.6M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$27.8M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
+$23.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$92.7M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$52.5M |
| 3 |
Janus Henderson Group
London,
|
-$27.8M |
| 4 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
-$24.8M |
| 5 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$19.7M |
BFAM Hedge Fund Activity: Q4 2019 in Review
369 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Bright Horizons (BFAM) for Q4 2019, worth a combined $8.49B — down 1.7% from $8.63B a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new BFAM positions and 41 closed out — a net gain of 26 holders — while 124 added to existing stakes and 127 trimmed.
The largest buyer was Select Equity Group, adding an estimated $102M. The largest seller was T. Rowe Price Associates, cutting an estimated $92.7M.
- 369 institutional investors held Bright Horizons (BFAM) as of Q4 2019, up from 347 in Q3 2019.
- Funds reported $8.49B of Bright Horizons stock for Q4 2019, down 1.7% quarter-over-quarter.
- 67 funds opened new Bright Horizons positions in Q4 2019 and 41 closed out, a net change of +26 holders.
- The largest Bright Horizons buyer in Q4 2019 was Select Equity Group, an estimated $102M added.
- The largest Bright Horizons seller in Q4 2019 was T. Rowe Price Associates, an estimated $92.7M sold.
Based on aggregated 13F filings for Q4 2019.