Benefytt Technologies, Inc. Class A Common Stock
BFYT
BFYT was delisted on the 20th of August, 2020.
127 hedge funds and large institutions have $369M invested in Benefytt Technologies, Inc. Class A Common Stock in 2018 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 31 increasing their positions, 39 reducing their positions, and 11 closing their positions.
209% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 11
22% more funds holding
Funds holding: 104 → 127 (+23)
13% more capital invested
Capital invested by funds: $327M → $369M (+$42.2M)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
19% less call options, than puts
Call options by funds: $11.9M | Put options by funds: $14.6M
21% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCP
P2 Capital Partners
New York
|
+$17.8M |
| 2 |
ACM
Ashford Capital Management
Wilmington,
Delaware
|
+$9.63M |
| 3 |
SPPAM
Summit Partners Public Asset Management
Boston,
Massachusetts
|
+$6.31M |
| 4 |
TCM
Tieton Capital Management
Yakima,
Washington
|
+$3.68M |
| 5 |
FA
Friess Associates
Greenville,
Delaware
|
+$2.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIP
CAS Investment Partners
Westport,
Connecticut
|
-$18.7M |
| 2 |
CC
Cannell Capital
Alta,
Wyoming
|
-$8.39M |
| 3 |
TGM
Tenzing Global Management
San Francisco,
California
|
-$7.65M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
-$4.37M |
| 5 |
LSC
Lyon Street Capital
Sausalito,
California
|
-$4.25M |
BFYT Hedge Fund Activity: Q1 2018 in Review
127 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Benefytt Technologies, Inc. Class A Common Stock (BFYT) for Q1 2018, worth a combined $369M — up 13% from $327M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new BFYT positions and 11 closed out — a net gain of 23 holders — while 31 added to existing stakes and 39 trimmed.
The largest buyer was P2 Capital Partners, opening a new position worth an estimated $17.8M. The largest seller was CAS Investment Partners, exiting entirely with an estimated $18.7M sold.
- 127 institutional investors held Benefytt Technologies, Inc. Class A Common Stock (BFYT) as of Q1 2018, up from 104 in Q4 2017.
- Funds reported $369M of Benefytt Technologies, Inc. Class A Common Stock stock for Q1 2018, up 13% quarter-over-quarter.
- 34 funds opened new Benefytt Technologies, Inc. Class A Common Stock positions in Q1 2018 and 11 closed out, a net change of +23 holders.
- The largest Benefytt Technologies, Inc. Class A Common Stock buyer in Q1 2018 was P2 Capital Partners, an estimated $17.8M added.
- The largest Benefytt Technologies, Inc. Class A Common Stock seller in Q1 2018 was CAS Investment Partners, an estimated $18.7M sold.
Based on aggregated 13F filings for Q1 2018.