Benefytt Technologies, Inc. Class A Common Stock
BFYT
BFYT was delisted on the 20th of August, 2020.
124 hedge funds and large institutions have $362M invested in Benefytt Technologies, Inc. Class A Common Stock in 2019 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 36 increasing their positions, 46 reducing their positions, and 38 closing their positions.
133% more funds holding in top 10
Funds holding in top 10: 3 → 7 (+4)
46% more call options, than puts
Call options by funds: $63.4M | Put options by funds: $43.3M
12% less funds holding
Funds holding: 141 → 124 (-17)
20% less capital invested
Capital invested by funds: $450M → $362M (-$87.9M)
22% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 46
39% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
+$12.6M |
| 2 |
AI
Atom Investors
Austin,
Texas
|
+$8.21M |
| 3 |
CRM
Capital Returns Management
Rye,
New York
|
+$6.11M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.28M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TimesSquare Capital Management
New York
|
-$37.2M |
| 2 |
Millennium Management
New York
|
-$7.86M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$6.87M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$5.07M |
| 5 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$4.51M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
SG Americas Securities
New York
| – | -$600K | -22,382 | Closed |
|
|
GF
152
Gabelli Funds
Rye,
New York
| – | -$386K | -14,400 | Closed |
|
|
DTL
153
Dynamic Technology Lab
Singapore
| – | -$357K | -13,308 | Closed |
|
|
BCM
154
BlueCrest Capital Management
St Helier,
Jersey
| – | -$303K | -11,310 | Closed |
|
155
Principal Financial Group
Des Moines,
Iowa
| – | -$291K | -10,855 | Closed |
|
|
QT
156
Quantbot Technologies
New York
| – | -$271K | -10,139 | Closed |
|
|
CS
157
Credit Suisse
Zurich,
Switzerland
| – | -$254K | -9,457 | Closed |
|
|
MAM
158
Meeder Asset Management
Dublin,
Ohio
| – | -$85K | -3,163 | Closed |
|
|
OIA
159
Optimum Investment Advisors
Chicago,
Illinois
| – | -$13K | -500 | Closed |
|
|
FCA
160
FinTrust Capital Advisors
Greenville,
South Carolina
| – | -$9K | -319 | Closed |
|
161
Twin Tree Management
Dallas,
Texas
| – | -$8K | -286 | Closed |
|
162
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$2K | -81 | Closed |
|
|
JCM
163
Julex Capital Management
Wellesley,
Massachusetts
| – | -$670 | -25 | Closed |
|
BFYT Hedge Fund Activity: Q2 2019 in Review
124 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Benefytt Technologies, Inc. Class A Common Stock (BFYT) for Q2 2019, worth a combined $362M — down 20% from $450M a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of BFYT and 23 opened new positions — a net loss of 15 holders — while 46 trimmed existing stakes and 36 added.
The largest buyer was Nuveen, opening a new position worth an estimated $12.6M. The largest seller was TimesSquare Capital Management, exiting entirely with an estimated $37.2M sold.
- 124 institutional investors held Benefytt Technologies, Inc. Class A Common Stock (BFYT) as of Q2 2019, down from 141 in Q1 2019.
- Funds reported $362M of Benefytt Technologies, Inc. Class A Common Stock stock for Q2 2019, down 20% quarter-over-quarter.
- 23 funds opened new Benefytt Technologies, Inc. Class A Common Stock positions in Q2 2019 and 38 closed out, a net change of -15 holders.
- The largest Benefytt Technologies, Inc. Class A Common Stock buyer in Q2 2019 was Nuveen, an estimated $12.6M added.
- The largest Benefytt Technologies, Inc. Class A Common Stock seller in Q2 2019 was TimesSquare Capital Management, an estimated $37.2M sold.
Based on aggregated 13F filings for Q2 2019.