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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.

New
Increased
Maintained
Reduced
Closed

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: 346341 (-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: 43 (-1)

Holders
341
Holders Change
-5
Holders Change %
-1.45%
% of All Funds
5.41%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.05%
New
40
Increased
143
Reduced
118
Closed
41
Calls
$65.8M
Puts
$5.45M
Net Calls
+$60.3M
Net Calls Change
-$6.82M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.09B +$28M +556,363 +3%
BlackRock
2
BlackRock
New York
$698M +$25M +496,514 +4%
Kayne Anderson Rudnick Investment Management
3
Kayne Anderson Rudnick Investment Management
California
$678M +$29.1M +578,512 +4%
Artisan Partners
4
Artisan Partners
Wisconsin
$273M +$5.04M +100,207 +2%
State Street
5
State Street
Massachusetts
$202M +$10.6M +209,929 +6%
Geode Capital Management
6
Geode Capital Management
Massachusetts
$175M +$16.6M +328,994 +10%
Wells Fargo
7
Wells Fargo
California
$121M +$13.7M +272,016 +13%
AllianceBernstein
8
AllianceBernstein
Tennessee
$87.1M +$35.5M +706,037 +68%
Norges Bank
9
Norges Bank
Norway
$83.3M -$1.25M -24,846 -1%
Northern Trust
10
Northern Trust
Illinois
$81.5M +$5M +99,319 +7%
TCM
11
TimesSquare Capital Management
New York
$71.2M -$4.27M -84,870 -6%
Charles Schwab
12
Charles Schwab
California
$70.3M +$8.58M +170,581 +14%
Brown Advisory
13
Brown Advisory
Maryland
$65.3M -$12.6M -249,960 -16%
ClearBridge Investments
14
ClearBridge Investments
New York
$61.1M -$11.6M -229,587 -16%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$56.3M +$524K +10,415 +0.9%
Korea Investment Corp
16
Korea Investment Corp
South Korea
$55.6M -$659K -13,106 -1%
Envestnet Asset Management
17
Envestnet Asset Management
Illinois
$54.7M +$16.5M +327,577 +43%
RJA
18
Raymond James & Associates
Florida
$54.6M +$1.44M +28,634 +3%
Baird Financial Group
19
Baird Financial Group
Wisconsin
$54.3M +$17.7M +352,145 +48%
Axa
20
Axa
France
$53.1M +$1.43M +28,492 +3%
California Public Employees Retirement System
21
California Public Employees Retirement System
California
$52.4M +$36.3M +722,046 +223%
Bank of America
22
Bank of America
North Carolina
$48.6M +$20M +397,070 +70%
Ameriprise
23
Ameriprise
Minnesota
$46.3M +$5.79M +115,067 +14%
Wellington Management Group
24
Wellington Management Group
Massachusetts
$46.1M -$24.7M -490,678 -35%
Morgan Stanley
25
Morgan Stanley
New York
$41.9M -$488K -9,704 -1%

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.