Benefitfocus, Inc.
BNFT
BNFT was delisted on the 23rd of January, 2023.
85 hedge funds and large institutions have $868M invested in Benefitfocus, Inc. in 2015 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 32 increasing their positions, 32 reducing their positions, and 17 closing their positions.
19% more capital invested
Capital invested by funds: $729M → $868M (+$139M)
0% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 32
3% less funds holding
Funds holding: 88 → 85 (-3)
18% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 17
35% less call options, than puts
Call options by funds: $3.95M | Put options by funds: $6.07M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$9.71M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$7.22M |
| 3 |
BAMCO Inc
New York
|
+$2.91M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.52M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$2.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
-$11.9M |
| 2 |
VAM
Visium Asset Management
New York
|
-$2.78M |
| 3 |
RSCM
Rock Springs Capital Management
Baltimore,
Maryland
|
-$2.76M |
| 4 |
CCM
Cupps Capital Management
Chicago,
Illinois
|
-$2.46M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.84M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$11K | -300 | Closed |
|
BNFT Hedge Fund Activity: Q2 2015 in Review
85 of the 3,713 institutional investors tracked by Wall St. Rank reported a position in Benefitfocus, Inc. (BNFT) for Q2 2015, worth a combined $868M — up 19% from $729M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of BNFT and 14 opened new positions — a net loss of 3 holders — while 32 trimmed existing stakes and 32 added.
The largest buyer was Frontier Capital Management, opening a new position worth an estimated $9.71M. The largest seller was Next Century Growth Investors, cutting an estimated $11.9M.
- 85 institutional investors held Benefitfocus, Inc. (BNFT) as of Q2 2015, down from 88 in Q1 2015.
- Funds reported $868M of Benefitfocus, Inc. stock for Q2 2015, up 19% quarter-over-quarter.
- 14 funds opened new Benefitfocus, Inc. positions in Q2 2015 and 17 closed out, a net change of -3 holders.
- The largest Benefitfocus, Inc. buyer in Q2 2015 was Frontier Capital Management, an estimated $9.71M added.
- The largest Benefitfocus, Inc. seller in Q2 2015 was Next Century Growth Investors, an estimated $11.9M sold.
Based on aggregated 13F filings for Q2 2015.