BrightSpring Health Services
BTSG
422 hedge funds and large institutions have $14.4B invested in BrightSpring Health Services in 2026 Q2 according to their latest regulatory filings, with 126 funds opening new positions, 184 increasing their positions, 84 reducing their positions, and 39 closing their positions.
223% more first-time investments, than exits
New positions opened: 126 | Existing positions closed: 39
119% more repeat investments, than reductions
Existing positions increased: 184 | Existing positions reduced: 84
83% more funds holding in top 10
Funds holding in top 10: 6 → 11 (+5)
62% more capital invested
Capital invested by funds: $8.9B → $14.4B (+$5.49B)
35% more call options, than puts
Call options by funds: $48.5M | Put options by funds: $36M
25% more funds holding
Funds holding: 338 → 422 (+84)
2.79% less ownership
Funds ownership: 108.13% → 105.35% (-2.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$246M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$183M |
| 3 |
Vanguard Portfolio Management
Malvern,
Pennsylvania
|
+$106M |
| 4 |
Viking Global Investors
Stamford,
Connecticut
|
+$89.9M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$89.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KKRC
Kohlberg Kravis Roberts & Co
New York
|
-$833M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$421M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$143M |
| 4 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$88.1M |
| 5 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$80.8M |
BTSG Hedge Fund Activity: Q2 2026 in Review
422 of the 8,316 institutional investors tracked by Wall St. Rank reported a position in BrightSpring Health Services (BTSG) for Q2 2026, worth a combined $14.4B — up 62% from $8.9B a quarter earlier.
Buyers outnumbered sellers: 126 funds opened new BTSG positions and 39 closed out — a net gain of 87 holders — while 184 added to existing stakes and 84 trimmed.
The largest buyer was BlackRock, adding an estimated $246M. The largest seller was Kohlberg Kravis Roberts & Co, cutting an estimated $833M.
- 422 institutional investors held BrightSpring Health Services (BTSG) as of Q2 2026, up from 338 in Q1 2026.
- Funds reported $14.4B of BrightSpring Health Services stock for Q2 2026, up 62% quarter-over-quarter.
- 126 funds opened new BrightSpring Health Services positions in Q2 2026 and 39 closed out, a net change of +87 holders.
- The largest BrightSpring Health Services buyer in Q2 2026 was BlackRock, an estimated $246M added.
- The largest BrightSpring Health Services seller in Q2 2026 was Kohlberg Kravis Roberts & Co, an estimated $833M sold.
Based on aggregated 13F filings for Q2 2026.