Benefitfocus, Inc.
BNFT
BNFT was delisted on the 23rd of January, 2023.
73 hedge funds and large institutions have $668M invested in Benefitfocus, Inc. in 2014 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 25 increasing their positions, 28 reducing their positions, and 8 closing their positions.
50% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 8
29% more capital invested
Capital invested by funds: $518M → $668M (+$150M)
4% more funds holding
Funds holding: 70 → 73 (+3)
11% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 28
42% less call options, than puts
Call options by funds: $4.36M | Put options by funds: $7.49M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAMCO Inc
New York
|
+$26.8M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$10.5M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$6.55M |
| 4 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$6.55M |
| 5 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
+$4.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$11.7M |
| 2 |
PC
Pier Capital
Stamford,
Connecticut
|
-$6.06M |
| 3 |
Millennium Management
New York
|
-$5.94M |
| 4 |
Morgan Stanley
New York
|
-$3.56M |
| 5 |
CCI
Columbus Circle Investors
|
-$1.66M |
BNFT Hedge Fund Activity: Q4 2014 in Review
73 of the 3,751 institutional investors tracked by Wall St. Rank reported a position in Benefitfocus, Inc. (BNFT) for Q4 2014, worth a combined $668M — up 29% from $518M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new BNFT positions and 8 closed out — a net gain of 4 holders — while 25 added to existing stakes and 28 trimmed.
The largest buyer was BAMCO Inc, adding an estimated $26.8M. The largest seller was Massachusetts Financial Services, cutting an estimated $11.7M.
- 73 institutional investors held Benefitfocus, Inc. (BNFT) as of Q4 2014, up from 70 in Q3 2014.
- Funds reported $668M of Benefitfocus, Inc. stock for Q4 2014, up 29% quarter-over-quarter.
- 12 funds opened new Benefitfocus, Inc. positions in Q4 2014 and 8 closed out, a net change of +4 holders.
- The largest Benefitfocus, Inc. buyer in Q4 2014 was BAMCO Inc, an estimated $26.8M added.
- The largest Benefitfocus, Inc. seller in Q4 2014 was Massachusetts Financial Services, an estimated $11.7M sold.
Based on aggregated 13F filings for Q4 2014.