Bentley Systems
341 hedge funds and large institutions have $5.72B invested in Bentley Systems in 2023 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 143 increasing their positions, 118 reducing their positions, and 41 closing their positions.
1,107% more call options, than puts
Call options by funds: $65.8M | Put options by funds: $5.45M
21% more repeat investments, than reductions
Existing positions increased: 143 | Existing positions reduced: 118
0.54% more ownership
Funds ownership: 39.7% → 40.24% (+0.54%)
2% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 41
1% less funds holding
Funds holding: 346 → 341 (-5)
6% less capital invested
Capital invested by funds: $6.06B → $5.72B (-$338M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
California Public Employees Retirement System
Sacramento,
California
|
+$36.3M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$35.5M |
| 3 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$29.1M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$28M |
| 5 |
BlackRock
New York
|
+$25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCP
Durable Capital Partners
Bethesda,
Maryland
|
-$43.9M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$24.7M |
| 3 |
WP
Woodline Partners
San Francisco,
California
|
-$18.7M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
-$14.7M |
| 5 |
Brown Advisory
Baltimore,
Maryland
|
-$12.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BWM
376
Baystate Wealth Management
Boston,
Massachusetts
| – | -$5.54K | -102 | Closed |
|
|
FP
377
Financial Perspectives
Minneapolis,
Minnesota
| – | -$3.04K | -56 | Closed |
|
378
Loomis, Sayles & Company
Boston,
Massachusetts
| – | -$2K | -45 | Closed |
|
|
DI
379
Disciplined Investments
Tulsa,
Oklahoma
| – | -$651 | -12 | Closed |
|
|
BAAM
380
Baker Avenue Asset Management
San Francisco,
California
| – | -$542 | -10 | Closed |
|
|
AW
381
Avion Wealth
The Woodlands,
Texas
| – | +$503 | +10 | +77% |
|
BSY Hedge Fund Activity: Q3 2023 in Review
341 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Bentley Systems (BSY) for Q3 2023, worth a combined $5.72B — down 5.6% from $6.06B a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of BSY and 40 opened new positions — a net loss of 1 holder — while 118 trimmed existing stakes and 143 added.
The largest buyer was California Public Employees Retirement System, adding an estimated $36.3M. The largest seller was Durable Capital Partners, cutting an estimated $43.9M.
- 341 institutional investors held Bentley Systems (BSY) as of Q3 2023, down from 346 in Q2 2023.
- Funds reported $5.72B of Bentley Systems stock for Q3 2023, down 5.6% quarter-over-quarter.
- 40 funds opened new Bentley Systems positions in Q3 2023 and 41 closed out, a net change of -1 holder.
- The largest Bentley Systems buyer in Q3 2023 was California Public Employees Retirement System, an estimated $36.3M added.
- The largest Bentley Systems seller in Q3 2023 was Durable Capital Partners, an estimated $43.9M sold.
Based on aggregated 13F filings for Q3 2023.