Benefytt Technologies, Inc. Class A Common Stock
BFYT
BFYT was delisted on the 20th of August, 2020.
141 hedge funds and large institutions have $450M invested in Benefytt Technologies, Inc. Class A Common Stock in 2019 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 56 increasing their positions, 41 reducing their positions, and 33 closing their positions.
37% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 41
29% more call options, than puts
Call options by funds: $89.8M | Put options by funds: $69.8M
1% less capital invested
Capital invested by funds: $455M → $450M (-$4.47M)
9% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 33
2% less funds holding
Funds holding: 144 → 141 (-3)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HLC
Hunt Lane Capital
New York
|
+$31.9M |
| 2 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$14M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$8.88M |
| 4 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
+$8.85M |
| 5 |
Millennium Management
New York
|
+$8.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCS
Harvest Capital Strategies
San Francisco,
California
|
-$25.4M |
| 2 |
Renaissance Technologies
New York
|
-$22.9M |
| 3 |
ACM
Ashford Capital Management
Wilmington,
Delaware
|
-$13.8M |
| 4 |
SPPAM
Summit Partners Public Asset Management
Boston,
Massachusetts
|
-$8.88M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$8M |
BFYT Hedge Fund Activity: Q1 2019 in Review
141 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Benefytt Technologies, Inc. Class A Common Stock (BFYT) for Q1 2019, worth a combined $450M — down 0.98% from $455M a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of BFYT and 30 opened new positions — a net loss of 3 holders — while 41 trimmed existing stakes and 56 added.
The largest buyer was Hunt Lane Capital, opening a new position worth an estimated $31.9M. The largest seller was Harvest Capital Strategies, exiting entirely with an estimated $25.4M sold.
- 141 institutional investors held Benefytt Technologies, Inc. Class A Common Stock (BFYT) as of Q1 2019, down from 144 in Q4 2018.
- Funds reported $450M of Benefytt Technologies, Inc. Class A Common Stock stock for Q1 2019, down 0.98% quarter-over-quarter.
- 30 funds opened new Benefytt Technologies, Inc. Class A Common Stock positions in Q1 2019 and 33 closed out, a net change of -3 holders.
- The largest Benefytt Technologies, Inc. Class A Common Stock buyer in Q1 2019 was Hunt Lane Capital, an estimated $31.9M added.
- The largest Benefytt Technologies, Inc. Class A Common Stock seller in Q1 2019 was Harvest Capital Strategies, an estimated $25.4M sold.
Based on aggregated 13F filings for Q1 2019.