Bright Horizons
BFAM
326 hedge funds and large institutions have $5.88B invested in Bright Horizons in 2020 Q1 according to their latest regulatory filings, with 48 funds opening new positions, 130 increasing their positions, 116 reducing their positions, and 87 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
12% more repeat investments, than reductions
Existing positions increased: 130 | Existing positions reduced: 116
2.09% more ownership
Funds ownership: 97.1% → 99.18% (+2.1%)
12% less funds holding
Funds holding: 369 → 326 (-43)
31% less capital invested
Capital invested by funds: $8.49B → $5.88B (-$2.61B)
45% less first-time investments, than exits
New positions opened: 48 | Existing positions closed: 87
61% less call options, than puts
Call options by funds: $746K | Put options by funds: $1.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCP
Durable Capital Partners
Bethesda,
Maryland
|
+$153M |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$111M |
| 3 |
PC
Pelham Capital
London,
United Kingdom
|
+$73M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$66.5M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BBHC
Brown Brothers Harriman & Co
New York
|
-$151M |
| 2 |
Janus Henderson Group
London,
|
-$101M |
| 3 |
JP Morgan Chase
New York
|
-$78.2M |
| 4 |
BAMCO Inc
New York
|
-$59.2M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$48.2M |
BFAM Hedge Fund Activity: Q1 2020 in Review
326 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Bright Horizons (BFAM) for Q1 2020, worth a combined $5.88B — down 31% from $8.49B a quarter earlier.
Sellers outnumbered buyers: 87 funds closed out of BFAM and 48 opened new positions — a net loss of 39 holders — while 116 trimmed existing stakes and 130 added.
The largest buyer was Durable Capital Partners, opening a new position worth an estimated $153M. The largest seller was Brown Brothers Harriman & Co, cutting an estimated $151M.
- 326 institutional investors held Bright Horizons (BFAM) as of Q1 2020, down from 369 in Q4 2019.
- Funds reported $5.88B of Bright Horizons stock for Q1 2020, down 31% quarter-over-quarter.
- 48 funds opened new Bright Horizons positions in Q1 2020 and 87 closed out, a net change of -39 holders.
- The largest Bright Horizons buyer in Q1 2020 was Durable Capital Partners, an estimated $153M added.
- The largest Bright Horizons seller in Q1 2020 was Brown Brothers Harriman & Co, an estimated $151M sold.
Based on aggregated 13F filings for Q1 2020.