Bentley Systems
319 hedge funds and large institutions have $4.42B invested in Bentley Systems in 2023 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 143 increasing their positions, 92 reducing their positions, and 31 closing their positions.
407% more call options, than puts
Call options by funds: $7.11M | Put options by funds: $1.4M
55% more repeat investments, than reductions
Existing positions increased: 143 | Existing positions reduced: 92
39% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 31
16% more capital invested
Capital invested by funds: $3.82B → $4.42B (+$598M)
2% more funds holding
Funds holding: 313 → 319 (+6)
0.2% less ownership
Funds ownership: 37.39% → 37.19% (-0.2%)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$53.5M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
+$35.5M |
| 3 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$19.7M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$17.5M |
| 5 |
WP
Woodline Partners
San Francisco,
California
|
+$15.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SPT
Siemens Pension Trust
Munich Germany,
Germany
|
-$117M |
| 2 |
SFI
Siemens Fonds Invest
Munich,
Germany
|
-$99.1M |
| 3 |
DCP
Durable Capital Partners
Bethesda,
Maryland
|
-$26.3M |
| 4 |
LP
LMR Partners
London,
United Kingdom
|
-$16M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$14.5M |
BSY Hedge Fund Activity: Q1 2023 in Review
319 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Bentley Systems (BSY) for Q1 2023, worth a combined $4.42B — up 16% from $3.82B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new BSY positions and 31 closed out — a net gain of 12 holders — while 143 added to existing stakes and 92 trimmed.
The largest buyer was Artisan Partners, adding an estimated $53.5M. The largest seller was Siemens Pension Trust, exiting entirely with an estimated $117M sold.
- 319 institutional investors held Bentley Systems (BSY) as of Q1 2023, up from 313 in Q4 2022.
- Funds reported $4.42B of Bentley Systems stock for Q1 2023, up 16% quarter-over-quarter.
- 43 funds opened new Bentley Systems positions in Q1 2023 and 31 closed out, a net change of +12 holders.
- The largest Bentley Systems buyer in Q1 2023 was Artisan Partners, an estimated $53.5M added.
- The largest Bentley Systems seller in Q1 2023 was Siemens Pension Trust, an estimated $117M sold.
Based on aggregated 13F filings for Q1 2023.