Benefytt Technologies, Inc. Class A Common Stock
BFYT
BFYT was delisted on the 20th of August, 2020.
89 hedge funds and large institutions have $247M invested in Benefytt Technologies, Inc. Class A Common Stock in 2020 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 31 increasing their positions, 21 reducing their positions, and 33 closing their positions.
62% more call options, than puts
Call options by funds: $32.7M | Put options by funds: $20.3M
48% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 21
13% less capital invested
Capital invested by funds: $283M → $247M (-$35.5M)
14% less funds holding
Funds holding: 104 → 89 (-15)
33% less funds holding in top 10
Funds holding in top 10: 9 → 6 (-3)
42% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCG
Rock Creek Group
Washington,
District of Columbia
|
+$8.3M |
| 2 |
SCM
SG Capital Management
Chicago,
Illinois
|
+$6.83M |
| 3 |
ECM
ExodusPoint Capital Management
New York
|
+$4.35M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.09M |
| 5 |
RL
Ruffer LLP
London,
United Kingdom
|
+$3.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
Atom Investors
Austin,
Texas
|
-$19.1M |
| 2 |
NSGL
No Street GP LP
San Francisco,
California
|
-$19M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$5.28M |
| 4 |
KCM
Kornitzer Capital Management
Shawnee Mission,
Kansas
|
-$4.74M |
| 5 |
Goldman Sachs
New York
|
-$4.65M |
BFYT Hedge Fund Activity: Q2 2020 in Review
89 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Benefytt Technologies, Inc. Class A Common Stock (BFYT) for Q2 2020, worth a combined $247M — down 13% from $283M a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of BFYT and 19 opened new positions — a net loss of 14 holders — while 21 trimmed existing stakes and 31 added.
The largest buyer was Rock Creek Group, opening a new position worth an estimated $8.3M. The largest seller was Atom Investors, cutting an estimated $19.1M.
- 89 institutional investors held Benefytt Technologies, Inc. Class A Common Stock (BFYT) as of Q2 2020, down from 104 in Q1 2020.
- Funds reported $247M of Benefytt Technologies, Inc. Class A Common Stock stock for Q2 2020, down 13% quarter-over-quarter.
- 19 funds opened new Benefytt Technologies, Inc. Class A Common Stock positions in Q2 2020 and 33 closed out, a net change of -14 holders.
- The largest Benefytt Technologies, Inc. Class A Common Stock buyer in Q2 2020 was Rock Creek Group, an estimated $8.3M added.
- The largest Benefytt Technologies, Inc. Class A Common Stock seller in Q2 2020 was Atom Investors, an estimated $19.1M sold.
Based on aggregated 13F filings for Q2 2020.