Bright Horizons
BFAM
407 hedge funds and large institutions have $5.77B invested in Bright Horizons in 2025 Q4 according to their latest regulatory filings, with 66 funds opening new positions, 148 increasing their positions, 151 reducing their positions, and 62 closing their positions.
6% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 62
0.29% less ownership
Funds ownership: 100.94% → 100.65% (-0.29%)
2% less repeat investments, than reductions
Existing positions increased: 148 | Existing positions reduced: 151
5% less capital inflows, than outflows
Capital inflows: $984M | Capital outflows: $1.03B
1% less funds holding
Funds holding: 412 → 407 (-5)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$191M |
| 2 |
Janus Henderson Group
London,
|
+$63.7M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$62.5M |
| 4 |
Goldman Sachs
New York
|
+$58.8M |
| 5 |
Giverny Capital
Montreal,
Quebec, Canada
|
+$41.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$240M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$97.8M |
| 3 |
Liontrust Investment Partners
London,
United Kingdom
|
-$60M |
| 4 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$48.2M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$42.6M |
BFAM Hedge Fund Activity: Q4 2025 in Review
407 of the 8,287 institutional investors tracked by Wall St. Rank reported a position in Bright Horizons (BFAM) for Q4 2025, worth a combined $5.77B — down 7.4% from $6.23B a quarter earlier.
Buyers outnumbered sellers: 66 funds opened new BFAM positions and 62 closed out — a net gain of 4 holders — while 148 added to existing stakes and 151 trimmed.
The largest buyer was Fuller & Thaler Asset Management, opening a new position worth an estimated $191M. The largest seller was T. Rowe Price Investment Management, exiting entirely with an estimated $240M sold.
- 407 institutional investors held Bright Horizons (BFAM) as of Q4 2025, down from 412 in Q3 2025.
- Funds reported $5.77B of Bright Horizons stock for Q4 2025, down 7.4% quarter-over-quarter.
- 66 funds opened new Bright Horizons positions in Q4 2025 and 62 closed out, a net change of +4 holders.
- The largest Bright Horizons buyer in Q4 2025 was Fuller & Thaler Asset Management, an estimated $191M added.
- The largest Bright Horizons seller in Q4 2025 was T. Rowe Price Investment Management, an estimated $240M sold.
Based on aggregated 13F filings for Q4 2025.