BrightSpring Health Services
BTSG
228 hedge funds and large institutions have $6.14B invested in BrightSpring Health Services in 2025 Q3 according to their latest regulatory filings, with 64 funds opening new positions, 88 increasing their positions, 65 reducing their positions, and 35 closing their positions.
83% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 35
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
35% more repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 65
28% more capital invested
Capital invested by funds: $4.79B → $6.14B (+$1.35B)
13% more funds holding
Funds holding: 201 → 228 (+27)
1.68% more ownership
Funds ownership: 115.57% → 117.25% (+1.7%)
21% less call options, than puts
Call options by funds: $6.01M | Put options by funds: $7.58M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$164M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$51.9M |
| 3 |
8KM
8 Knots Management
Dallas,
Texas
|
+$40.3M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$27M |
| 5 |
BlackRock
New York
|
+$26.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$51.7M |
| 2 |
Millennium Management
New York
|
-$37.5M |
| 3 |
Jane Street
New York
|
-$37.2M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$30.5M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
-$26M |
BTSG Hedge Fund Activity: Q3 2025 in Review
228 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in BrightSpring Health Services (BTSG) for Q3 2025, worth a combined $6.14B — up 28% from $4.79B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new BTSG positions and 35 closed out — a net gain of 29 holders — while 88 added to existing stakes and 65 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $164M. The largest seller was Citadel Advisors, cutting an estimated $51.7M.
- 228 institutional investors held BrightSpring Health Services (BTSG) as of Q3 2025, up from 201 in Q2 2025.
- Funds reported $6.14B of BrightSpring Health Services stock for Q3 2025, up 28% quarter-over-quarter.
- 64 funds opened new BrightSpring Health Services positions in Q3 2025 and 35 closed out, a net change of +29 holders.
- The largest BrightSpring Health Services buyer in Q3 2025 was T. Rowe Price Associates, an estimated $164M added.
- The largest BrightSpring Health Services seller in Q3 2025 was Citadel Advisors, an estimated $51.7M sold.
Based on aggregated 13F filings for Q3 2025.