Benefitfocus, Inc.
BNFT
BNFT was delisted on the 23rd of January, 2023.
64 hedge funds and large institutions have $902M invested in Benefitfocus, Inc. in 2014 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 25 increasing their positions, 23 reducing their positions, and 16 closing their positions.
6% more capital invested
Capital invested by funds: $847M → $902M (+$54.5M)
4.71% more ownership
Funds ownership: 71.91% → 76.62% (+4.7%)
9% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 23
4% less funds holding
Funds holding: 67 → 64 (-3)
19% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$16.5M |
| 2 |
BAMCO Inc
New York
|
+$10.7M |
| 3 |
PC
Pier Capital
Stamford,
Connecticut
|
+$10.3M |
| 4 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
+$9.56M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$7.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$7.9M |
| 2 |
O
OppenheimerFunds
New York
|
-$7.28M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$5.53M |
| 4 |
UBS AM
Chicago,
Illinois
|
-$3.57M |
| 5 |
TI
Turner Investments
Berwyn,
Pennsylvania
|
-$3.21M |
BNFT Hedge Fund Activity: Q2 2014 in Review
64 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Benefitfocus, Inc. (BNFT) for Q2 2014, worth a combined $902M — up 6.4% from $847M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of BNFT and 13 opened new positions — a net loss of 3 holders — while 23 trimmed existing stakes and 25 added.
The largest buyer was Massachusetts Financial Services, opening a new position worth an estimated $16.5M. The largest seller was Waddell & Reed Financial, exiting entirely with an estimated $7.9M sold.
- 64 institutional investors held Benefitfocus, Inc. (BNFT) as of Q2 2014, down from 67 in Q1 2014.
- Funds reported $902M of Benefitfocus, Inc. stock for Q2 2014, up 6.4% quarter-over-quarter.
- 13 funds opened new Benefitfocus, Inc. positions in Q2 2014 and 16 closed out, a net change of -3 holders.
- The largest Benefitfocus, Inc. buyer in Q2 2014 was Massachusetts Financial Services, an estimated $16.5M added.
- The largest Benefitfocus, Inc. seller in Q2 2014 was Waddell & Reed Financial, an estimated $7.9M sold.
Based on aggregated 13F filings for Q2 2014.