Benefitfocus, Inc.
BNFT
BNFT was delisted on the 23rd of January, 2023.
139 hedge funds and large institutions have $1.59B invested in Benefitfocus, Inc. in 2019 Q1 according to their latest regulatory filings, with 40 funds opening new positions, 66 increasing their positions, 21 reducing their positions, and 24 closing their positions.
214% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 21
67% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 24
26% more capital invested
Capital invested by funds: $1.26B → $1.59B (+$332M)
14.13% more ownership
Funds ownership: 86.16% → 100.29% (+14%)
12% more funds holding
Funds holding: 124 → 139 (+15)
12% less call options, than puts
Call options by funds: $3.01M | Put options by funds: $3.41M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$49.6M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$34.5M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$32.1M |
| 4 |
BlackRock
New York
|
+$28.9M |
| 5 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$24.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$191M |
| 2 |
ECM
Element Capital Management
New York
|
-$3.92M |
| 3 |
FA
Friess Associates
Greenville,
Delaware
|
-$3.86M |
| 4 |
LCG
Lisanti Capital Growth
New York
|
-$2.65M |
| 5 |
EGM
Engineers Gate Manager
New York
|
-$2.12M |
BNFT Hedge Fund Activity: Q1 2019 in Review
139 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Benefitfocus, Inc. (BNFT) for Q1 2019, worth a combined $1.59B — up 26% from $1.26B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new BNFT positions and 24 closed out — a net gain of 16 holders — while 66 added to existing stakes and 21 trimmed.
The largest buyer was Millennium Management, adding an estimated $49.6M. The largest seller was Goldman Sachs, cutting an estimated $191M.
- 139 institutional investors held Benefitfocus, Inc. (BNFT) as of Q1 2019, up from 124 in Q4 2018.
- Funds reported $1.59B of Benefitfocus, Inc. stock for Q1 2019, up 26% quarter-over-quarter.
- 40 funds opened new Benefitfocus, Inc. positions in Q1 2019 and 24 closed out, a net change of +16 holders.
- The largest Benefitfocus, Inc. buyer in Q1 2019 was Millennium Management, an estimated $49.6M added.
- The largest Benefitfocus, Inc. seller in Q1 2019 was Goldman Sachs, an estimated $191M sold.
Based on aggregated 13F filings for Q1 2019.