Benefitfocus, Inc.
BNFT
BNFT was delisted on the 23rd of January, 2023.
101 hedge funds and large institutions have $955M invested in Benefitfocus, Inc. in 2016 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 38 increasing their positions, 27 reducing their positions, and 6 closing their positions.
497% more call options, than puts
Call options by funds: $4.19M | Put options by funds: $701K
250% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 6
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
41% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 27
15% more funds holding
Funds holding: 88 → 101 (+13)
7% more capital invested
Capital invested by funds: $892M → $955M (+$63.1M)
1.5% more ownership
Funds ownership: 78.95% → 80.45% (+1.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$48.8M |
| 2 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$15.4M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$10M |
| 4 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$8.02M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OMC
Oak Management Corp
Wilton,
Connecticut
|
-$40.1M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$9.12M |
| 3 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
-$4.35M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$3.77M |
| 5 |
JP Morgan Chase
New York
|
-$3.51M |
BNFT Hedge Fund Activity: Q3 2016 in Review
101 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Benefitfocus, Inc. (BNFT) for Q3 2016, worth a combined $955M — up 7.1% from $892M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new BNFT positions and 6 closed out — a net gain of 15 holders — while 38 added to existing stakes and 27 trimmed.
The largest buyer was Victory Capital Management, opening a new position worth an estimated $48.8M. The largest seller was Oak Management Corp, cutting an estimated $40.1M.
- 101 institutional investors held Benefitfocus, Inc. (BNFT) as of Q3 2016, up from 88 in Q2 2016.
- Funds reported $955M of Benefitfocus, Inc. stock for Q3 2016, up 7.1% quarter-over-quarter.
- 21 funds opened new Benefitfocus, Inc. positions in Q3 2016 and 6 closed out, a net change of +15 holders.
- The largest Benefitfocus, Inc. buyer in Q3 2016 was Victory Capital Management, an estimated $48.8M added.
- The largest Benefitfocus, Inc. seller in Q3 2016 was Oak Management Corp, an estimated $40.1M sold.
Based on aggregated 13F filings for Q3 2016.