Benefitfocus, Inc.
BNFT
BNFT was delisted on the 23rd of January, 2023.
88 hedge funds and large institutions have $729M invested in Benefitfocus, Inc. in 2015 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 37 increasing their positions, 17 reducing their positions, and 12 closing their positions.
125% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 12
118% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 17
21% more funds holding
Funds holding: 73 → 88 (+15)
9% more capital invested
Capital invested by funds: $669M → $729M (+$60.9M)
2.15% less ownership
Funds ownership: 71.58% → 69.42% (-2.2%)
57% less call options, than puts
Call options by funds: $4.2M | Put options by funds: $9.81M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAMCO Inc
New York
|
+$9.56M |
| 2 |
GC
GMT Capital
Atlanta,
Georgia
|
+$4.55M |
| 3 |
Axa
Paris,
France
|
+$4.44M |
| 4 |
JP Morgan Chase
New York
|
+$4.38M |
| 5 |
PC
Pier Capital
Stamford,
Connecticut
|
+$3.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$16.8M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$15.3M |
| 3 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$11.4M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$5.6M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
-$4.25M |
BNFT Hedge Fund Activity: Q1 2015 in Review
88 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Benefitfocus, Inc. (BNFT) for Q1 2015, worth a combined $729M — up 9.1% from $669M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new BNFT positions and 12 closed out — a net gain of 15 holders — while 37 added to existing stakes and 17 trimmed.
The largest buyer was BAMCO Inc, adding an estimated $9.56M. The largest seller was Federated Hermes, exiting entirely with an estimated $16.8M sold.
- 88 institutional investors held Benefitfocus, Inc. (BNFT) as of Q1 2015, up from 73 in Q4 2014.
- Funds reported $729M of Benefitfocus, Inc. stock for Q1 2015, up 9.1% quarter-over-quarter.
- 27 funds opened new Benefitfocus, Inc. positions in Q1 2015 and 12 closed out, a net change of +15 holders.
- The largest Benefitfocus, Inc. buyer in Q1 2015 was BAMCO Inc, an estimated $9.56M added.
- The largest Benefitfocus, Inc. seller in Q1 2015 was Federated Hermes, an estimated $16.8M sold.
Based on aggregated 13F filings for Q1 2015.