BrightSpring Health Services
BTSG
340 hedge funds and large institutions have $8.9B invested in BrightSpring Health Services in 2026 Q1 according to their latest regulatory filings, with 96 funds opening new positions, 151 increasing their positions, 68 reducing their positions, and 36 closing their positions.
225% more call options, than puts
Call options by funds: $21.8M | Put options by funds: $6.72M
167% more first-time investments, than exits
New positions opened: 96 | Existing positions closed: 36
122% more repeat investments, than reductions
Existing positions increased: 151 | Existing positions reduced: 68
49% more capital inflows, than outflows
Capital inflows: $1.75B | Capital outflows: $1.18B
18% more funds holding
Funds holding: 288 → 340 (+52)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
8.78% less ownership
Funds ownership: 116.91% → 108.13% (-8.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$118M |
| 2 |
BlackRock
New York
|
+$105M |
| 3 |
Farallon Capital Management
San Francisco,
California
|
+$64.3M |
| 4 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$60.6M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$49.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kohlberg Kravis Roberts & Co
New York
|
-$810M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$68.5M |
| 3 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$39.4M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$34.6M |
| 5 |
Walleye Capital
New York
|
-$20.2M |
BTSG Hedge Fund Activity: Q1 2026 in Review
340 of the 8,227 institutional investors tracked by Wall St. Rank reported a position in BrightSpring Health Services (BTSG) for Q1 2026, worth a combined $8.9B — up 13% from $7.9B a quarter earlier.
Buyers outnumbered sellers: 96 funds opened new BTSG positions and 36 closed out — a net gain of 60 holders — while 151 added to existing stakes and 68 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $118M. The largest seller was Kohlberg Kravis Roberts & Co, cutting an estimated $810M.
- 340 institutional investors held BrightSpring Health Services (BTSG) as of Q1 2026, up from 288 in Q4 2025.
- Funds reported $8.9B of BrightSpring Health Services stock for Q1 2026, up 13% quarter-over-quarter.
- 96 funds opened new BrightSpring Health Services positions in Q1 2026 and 36 closed out, a net change of +60 holders.
- The largest BrightSpring Health Services buyer in Q1 2026 was Citadel Advisors, an estimated $118M added.
- The largest BrightSpring Health Services seller in Q1 2026 was Kohlberg Kravis Roberts & Co, an estimated $810M sold.
Based on aggregated 13F filings for Q1 2026.