Benefitfocus, Inc.
BNFT
BNFT was delisted on the 23rd of January, 2023.
93 hedge funds and large institutions have $809M invested in Benefitfocus, Inc. in 2015 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 30 increasing their positions, 29 reducing their positions, and 12 closing their positions.
75% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 12
30% more capital invested
Capital invested by funds: $622M → $809M (+$187M)
11% more funds holding
Funds holding: 84 → 93 (+9)
3% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 29
41% less call options, than puts
Call options by funds: $754K | Put options by funds: $1.28M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAMCO Inc
New York
|
+$14.7M |
| 2 |
William Blair & Company
Chicago,
Illinois
|
+$9.46M |
| 3 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$9.14M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$5.47M |
| 5 |
CM
Castleark Management
Chicago,
Illinois
|
+$5.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$14.4M |
| 2 |
PC
Pier Capital
Stamford,
Connecticut
|
-$5.26M |
| 3 |
Millennium Management
New York
|
-$4.02M |
| 4 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$3.93M |
| 5 |
CCM
Cupps Capital Management
Chicago,
Illinois
|
-$3.91M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$447K | -12,601 | Closed |
|
|
EMG
102
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$289K | -9,242 | Closed |
|
|
DTL
103
Dynamic Technology Lab
Singapore
| – | -$225K | -7,319 | Closed |
|
|
FMT
104
First Mercantile Trust
Cordova,
Tennessee
| – | -$110K | -3,532 | Closed |
|
|
DLHL
105
Donald L. Hagan LLC
Sarasota,
Florida
| – | -$14K | -444 | Closed |
|
BNFT Hedge Fund Activity: Q4 2015 in Review
93 of the 3,813 institutional investors tracked by Wall St. Rank reported a position in Benefitfocus, Inc. (BNFT) for Q4 2015, worth a combined $809M — up 30% from $622M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new BNFT positions and 12 closed out — a net gain of 9 holders — while 30 added to existing stakes and 29 trimmed.
The largest buyer was BAMCO Inc, adding an estimated $14.7M. The largest seller was Morgan Stanley, cutting an estimated $14.4M.
- 93 institutional investors held Benefitfocus, Inc. (BNFT) as of Q4 2015, up from 84 in Q3 2015.
- Funds reported $809M of Benefitfocus, Inc. stock for Q4 2015, up 30% quarter-over-quarter.
- 21 funds opened new Benefitfocus, Inc. positions in Q4 2015 and 12 closed out, a net change of +9 holders.
- The largest Benefitfocus, Inc. buyer in Q4 2015 was BAMCO Inc, an estimated $14.7M added.
- The largest Benefitfocus, Inc. seller in Q4 2015 was Morgan Stanley, an estimated $14.4M sold.
Based on aggregated 13F filings for Q4 2015.