Brighthouse Financial
458 hedge funds and large institutions have $3.37B invested in Brighthouse Financial in 2025 Q4 according to their latest regulatory filings, with 110 funds opening new positions, 101 increasing their positions, 119 reducing their positions, and 81 closing their positions.
36% more first-time investments, than exits
New positions opened: 110 | Existing positions closed: 81
28% more capital invested
Capital invested by funds: $2.64B → $3.37B (+$728M)
20% more call options, than puts
Call options by funds: $65.9M | Put options by funds: $54.7M
5% more funds holding
Funds holding: 435 → 458 (+23)
3.55% more ownership
Funds ownership: 87.33% → 90.88% (+3.5%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
15% less repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 119
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HI
HBK Investments
Dallas,
Texas
|
+$123M |
| 2 |
GCL
Glazer Capital LLC
New York
|
+$103M |
| 3 |
Morgan Stanley
New York
|
+$44.5M |
| 4 |
NAM
Nexpoint Asset Management
Dallas,
Texas
|
+$33.9M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$33.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Pentwater Capital Management
Naples,
Florida
|
-$121M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$61.1M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$57M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$51.3M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$50.4M |
BHF Hedge Fund Activity: Q4 2025 in Review
458 institutional investors reported a position in Brighthouse Financial (BHF) for Q4 2025, worth a combined $3.37B — up 28% from $2.64B a quarter earlier.
Buyers outnumbered sellers: 110 funds opened new BHF positions and 81 closed out — a net gain of 29 holders — while 101 added to existing stakes and 119 trimmed.
The largest buyer was HBK Investments, opening a new position worth an estimated $123M. The largest seller was Pentwater Capital Management, exiting entirely with an estimated $121M sold.
- 458 institutional investors held Brighthouse Financial (BHF) as of Q4 2025, up from 435 in Q3 2025.
- Funds reported $3.37B of Brighthouse Financial stock for Q4 2025, up 28% quarter-over-quarter.
- 110 funds opened new Brighthouse Financial positions in Q4 2025 and 81 closed out, a net change of +29 holders.
- The largest Brighthouse Financial buyer in Q4 2025 was HBK Investments, an estimated $123M added.
- The largest Brighthouse Financial seller in Q4 2025 was Pentwater Capital Management, an estimated $121M sold.
Based on aggregated 13F filings for Q4 2025.