Benefitfocus, Inc.
BNFT
BNFT was delisted on the 23rd of January, 2023.
1 hedge funds and large institutions have $17.2K invested in Benefitfocus, Inc. in 2023 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 0 increasing their positions, 0 reducing their positions, and 101 closing their positions.
99% less funds holding
Funds holding: 104 → 1 (-103)
100% less capital invested
Capital invested by funds: $296M → $17.2K (-$296M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 101
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICM
Indaba Capital Management
San Francisco,
California
|
-$41.5M |
| 2 |
BlackRock
New York
|
-$19.7M |
| 3 |
BCM
Beryl Capital Management
Redondo Beach,
California
|
-$17.7M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$15.9M |
| 5 |
D.E. Shaw & Co
New York
|
-$15.6M |
BNFT Hedge Fund Activity: Q1 2023 in Review
1 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Benefitfocus, Inc. (BNFT) for Q1 2023, worth a combined $17.2K — down 100% from $296M a quarter earlier.
Sellers outnumbered buyers: 101 funds closed out of BNFT and 0 opened new positions — a net loss of 101 holders — while 0 trimmed existing stakes and 0 added.
The largest seller was Indaba Capital Management, exiting entirely with an estimated $41.5M sold.
- 1 institutional investor held Benefitfocus, Inc. (BNFT) as of Q1 2023, down from 104 in Q4 2022.
- Funds reported $17.2K of Benefitfocus, Inc. stock for Q1 2023, down 100% quarter-over-quarter.
- 0 funds opened new Benefitfocus, Inc. positions in Q1 2023 and 101 closed out, a net change of -101 holders.
- The largest Benefitfocus, Inc. seller in Q1 2023 was Indaba Capital Management, an estimated $41.5M sold.
Based on aggregated 13F filings for Q1 2023.