Brookdale Senior Living
BKD
145 hedge funds and large institutions have $428M invested in Brookdale Senior Living in 2020 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 42 increasing their positions, 52 reducing their positions, and 22 closing their positions.
2.84% less ownership
Funds ownership: 94.9% → 92.05% (-2.8%)
4% less funds holding
Funds holding: 151 → 145 (-6)
17% less capital invested
Capital invested by funds: $517M → $428M (-$88.3M)
19% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 52
27% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 22
75% less call options, than puts
Call options by funds: $169K | Put options by funds: $683K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DM
Deerfield Management
New York
|
+$10.5M |
| 2 |
WCP
Waterfront Capital Partners
New York
|
+$3.64M |
| 3 |
Morgan Stanley
New York
|
+$3.38M |
| 4 |
BlackRock
New York
|
+$3.2M |
| 5 |
Millennium Management
New York
|
+$2.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$25.3M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$3.81M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$2.51M |
| 4 |
Goldman Sachs
New York
|
-$2.28M |
| 5 |
GCM
Glenview Capital Management
New York
|
-$2.07M |
BKD Hedge Fund Activity: Q3 2020 in Review
145 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Brookdale Senior Living (BKD) for Q3 2020, worth a combined $428M — down 17% from $517M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of BKD and 16 opened new positions — a net loss of 6 holders — while 52 trimmed existing stakes and 42 added.
The largest buyer was Deerfield Management, adding an estimated $10.5M. The largest seller was Macquarie Group, cutting an estimated $25.3M.
- 145 institutional investors held Brookdale Senior Living (BKD) as of Q3 2020, down from 151 in Q2 2020.
- Funds reported $428M of Brookdale Senior Living stock for Q3 2020, down 17% quarter-over-quarter.
- 16 funds opened new Brookdale Senior Living positions in Q3 2020 and 22 closed out, a net change of -6 holders.
- The largest Brookdale Senior Living buyer in Q3 2020 was Deerfield Management, an estimated $10.5M added.
- The largest Brookdale Senior Living seller in Q3 2020 was Macquarie Group, an estimated $25.3M sold.
Based on aggregated 13F filings for Q3 2020.