BrightSpring Health Services
BTSG
129 hedge funds and large institutions have $2.89B invested in BrightSpring Health Services in 2024 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 44 increasing their positions, 29 reducing their positions, and 6 closing their positions.
67,670% more call options, than puts
Call options by funds: $6.78M | Put options by funds: $10K
567% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 6
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
52% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 29
34% more funds holding
Funds holding: 96 → 129 (+33)
30% more capital invested
Capital invested by funds: $2.23B → $2.89B (+$668M)
0.48% more ownership
Funds ownership: 114.35% → 114.82% (+0.48%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KKRC
Kohlberg Kravis Roberts & Co
New York
|
+$146M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$33.4M |
| 3 |
WP
Woodline Partners
San Francisco,
California
|
+$21.1M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$15.3M |
| 5 |
SCPM
Sea Cliff Partners Management
San Francisco,
California
|
+$14.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WBA
Walgreens Boots Alliance
Deerfield,
Illinois
|
-$146M |
| 2 |
8KM
8 Knots Management
Dallas,
Texas
|
-$30.5M |
| 3 |
Teacher Retirement System of Texas
Austin,
Texas
|
-$20.8M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$11.2M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
-$9.04M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
C
126
Covestor
London,
United Kingdom
| $1K | +$451 | +36 | +68% |
|
|
CPA
127
Capital Performance Advisors
Walnut Creek,
California
| $573 | +$489 | +39 | New |
|
128
Osaic Holdings
Scottsdale,
Arizona
| $161 | +$138 | +11 | New |
|
|
129
Teacher Retirement System of Texas
Austin,
Texas
| – | -$20.8M | -1,834,565 | Closed |
|
|
KCM
130
Kodai Capital Management
Chicago,
Illinois
| – | -$6.03M | -530,602 | Closed |
|
131
Blackstone Inc
New York
| – | -$5.68M | -500,000 | Closed |
|
|
GCM
132
Ghisallo Capital Management
Boston,
Massachusetts
| – | -$2.2M | -193,542 | Closed |
|
|
AI
133
Atom Investors
Austin,
Texas
| – | -$690K | -60,707 | Closed |
|
|
CC
134
Centiva Capital
New York
| – | -$273K | -24,028 | Closed |
|
135
Simplex Trading
Chicago,
Illinois
| – | +$639 | +51 | New |
|
BTSG Hedge Fund Activity: Q3 2024 in Review
129 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in BrightSpring Health Services (BTSG) for Q3 2024, worth a combined $2.89B — up 30% from $2.23B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new BTSG positions and 6 closed out — a net gain of 34 holders — while 44 added to existing stakes and 29 trimmed.
The largest buyer was Kohlberg Kravis Roberts & Co, adding an estimated $146M. The largest seller was Walgreens Boots Alliance, cutting an estimated $146M.
- 129 institutional investors held BrightSpring Health Services (BTSG) as of Q3 2024, up from 96 in Q2 2024.
- Funds reported $2.89B of BrightSpring Health Services stock for Q3 2024, up 30% quarter-over-quarter.
- 40 funds opened new BrightSpring Health Services positions in Q3 2024 and 6 closed out, a net change of +34 holders.
- The largest BrightSpring Health Services buyer in Q3 2024 was Kohlberg Kravis Roberts & Co, an estimated $146M added.
- The largest BrightSpring Health Services seller in Q3 2024 was Walgreens Boots Alliance, an estimated $146M sold.
Based on aggregated 13F filings for Q3 2024.