Bright Horizons
BFAM
357 hedge funds and large institutions have $10.5B invested in Bright Horizons in 2020 Q4 according to their latest regulatory filings, with 62 funds opening new positions, 139 increasing their positions, 102 reducing their positions, and 46 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 139 | Existing positions reduced: 102
35% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 46
3% more funds holding
Funds holding: 345 → 357 (+12)
1.37% less ownership
Funds ownership: 101.99% → 100.62% (-1.4%)
11% less capital inflows, than outflows
Capital inflows: $824M | Capital outflows: $924M
39% less call options, than puts
Call options by funds: $11.6M | Put options by funds: $19M
80% less funds holding in top 10
Funds holding in top 10: 5 → 1 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$188M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$74.6M |
| 3 |
Sands Capital Management
Arlington,
Virginia
|
+$57.8M |
| 4 |
BlackRock
New York
|
+$47.2M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$42.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Durable Capital Partners
Bethesda,
Maryland
|
-$235M |
| 2 |
Fred Alger Management
New York
|
-$78.9M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$73.9M |
| 4 |
William Blair Investment Management
Chicago,
Illinois
|
-$51.8M |
| 5 |
Handelsbanken Fonder
Stockholm,
Sweden
|
-$36.7M |
BFAM Hedge Fund Activity: Q4 2020 in Review
357 of the 5,678 institutional investors tracked by Wall St. Rank reported a position in Bright Horizons (BFAM) for Q4 2020, worth a combined $10.5B — up 13% from $9.36B a quarter earlier.
Buyers outnumbered sellers: 62 funds opened new BFAM positions and 46 closed out — a net gain of 16 holders — while 139 added to existing stakes and 102 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $188M. The largest seller was Durable Capital Partners, cutting an estimated $235M.
- 357 institutional investors held Bright Horizons (BFAM) as of Q4 2020, up from 345 in Q3 2020.
- Funds reported $10.5B of Bright Horizons stock for Q4 2020, up 13% quarter-over-quarter.
- 62 funds opened new Bright Horizons positions in Q4 2020 and 46 closed out, a net change of +16 holders.
- The largest Bright Horizons buyer in Q4 2020 was T. Rowe Price Associates, an estimated $188M added.
- The largest Bright Horizons seller in Q4 2020 was Durable Capital Partners, an estimated $235M sold.
Based on aggregated 13F filings for Q4 2020.