Benefytt Technologies, Inc. Class A Common Stock
BFYT
BFYT was delisted on the 20th of August, 2020.
104 hedge funds and large institutions have $327M invested in Benefytt Technologies, Inc. Class A Common Stock in 2017 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 40 increasing their positions, 31 reducing their positions, and 35 closing their positions.
100% more capital invested
Capital invested by funds: $163M → $327M (+$164M)
100% more funds holding in top 10
Funds holding in top 10: 3 → 6 (+3)
55% more call options, than puts
Call options by funds: $14.9M | Put options by funds: $9.64M
29% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 31
11% less funds holding
Funds holding: 117 → 104 (-13)
37% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSC
Lyon Street Capital
Sausalito,
California
|
+$11.5M |
| 2 |
MWNA
Marshall Wace North America
New York
|
+$10.6M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$8.48M |
| 4 |
Millennium Management
New York
|
+$6.15M |
| 5 |
TGM
Tenzing Global Management
San Francisco,
California
|
+$5.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$6.71M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
-$4.91M |
| 3 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$4.18M |
| 4 |
RCM
Raging Capital Management
Rocky Hill,
New Jersey
|
-$3.25M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.84M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Simplex Trading
Chicago,
Illinois
| – | -$309K | -13,825 | Closed |
|
|
NFA
127
Nationwide Fund Advisors
Columbus,
Ohio
| – | -$92K | -6,348 | Closed |
|
|
QT
128
Quantbot Technologies
New York
| – | -$81K | -5,600 | Closed |
|
|
PHK
129
Point72 Hong Kong
Hong Kong
| – | -$80K | -5,483 | Closed |
|
130
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$44K | -3,059 | Closed |
|
131
US Bancorp
Minneapolis,
Minnesota
| – | -$34K | -2,365 | Closed |
|
|
PG
132
PEAK6 Group
Chicago,
Illinois
| – | -$28K | -1,941 | Closed |
|
|
CCMW
133
Cypress Capital Management (Wyoming)
Sheridan,
Wyoming
| – | -$18K | -1,250 | Closed |
|
|
FMA
134
FNY Managed Accounts
New York
| – | -$17K | -1,200 | Closed |
|
135
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$22.3K | -997 | -98% |
|
136
Acadian Asset Management
Boston,
Massachusetts
| – | -$10K | -670 | Closed |
|
|
LTFS
137
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$6K | -422 | Closed |
|
|
ASN
138
Advisory Services Network
Atlanta,
Georgia
| – | -$1K | -73 | Closed |
|
|
SWM
139
SeaCrest Wealth Management
Purchase,
New York
| – | +$246 | +11 | New |
|
BFYT Hedge Fund Activity: Q4 2017 in Review
104 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Benefytt Technologies, Inc. Class A Common Stock (BFYT) for Q4 2017, worth a combined $327M — up 100% from $163M a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of BFYT and 22 opened new positions — a net loss of 13 holders — while 31 trimmed existing stakes and 40 added.
The largest buyer was Lyon Street Capital, adding an estimated $11.5M. The largest seller was Emerald Mutual Fund Advisers Trust, exiting entirely with an estimated $6.71M sold.
- 104 institutional investors held Benefytt Technologies, Inc. Class A Common Stock (BFYT) as of Q4 2017, down from 117 in Q3 2017.
- Funds reported $327M of Benefytt Technologies, Inc. Class A Common Stock stock for Q4 2017, up 100% quarter-over-quarter.
- 22 funds opened new Benefytt Technologies, Inc. Class A Common Stock positions in Q4 2017 and 35 closed out, a net change of -13 holders.
- The largest Benefytt Technologies, Inc. Class A Common Stock buyer in Q4 2017 was Lyon Street Capital, an estimated $11.5M added.
- The largest Benefytt Technologies, Inc. Class A Common Stock seller in Q4 2017 was Emerald Mutual Fund Advisers Trust, an estimated $6.71M sold.
Based on aggregated 13F filings for Q4 2017.