BrightSpring Health Services Unit
BTSGU
36 hedge funds and large institutions have $366M invested in BrightSpring Health Services Unit in 2024 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 11 increasing their positions, 8 reducing their positions, and 6 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 8
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
10% more capital invested
Capital invested by funds: $334M → $366M (+$32.3M)
4.82% more ownership
Funds ownership: 90.81% → 95.62% (+4.8%)
3% more funds holding
Funds holding: 35 → 36 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LA
Linden Advisors
New York
|
+$23.3M |
| 2 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$11.1M |
| 3 |
ACM
Advent Capital Management
New York
|
+$5.75M |
| 4 |
Calamos Advisors
Naperville,
Illinois
|
+$4.53M |
| 5 |
Goldman Sachs
New York
|
+$4.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$19.3M |
| 2 |
Nuveen
Charlotte,
North Carolina
|
-$6.76M |
| 3 |
Jane Street
New York
|
-$6.42M |
| 4 |
State Street
Boston,
Massachusetts
|
-$2.49M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$2.22M |
BTSGU Hedge Fund Activity: Q2 2024 in Review
36 of the 6,936 institutional investors tracked by Wall St. Rank reported a position in BrightSpring Health Services Unit (BTSGU) for Q2 2024, worth a combined $366M — up 9.7% from $334M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new BTSGU positions and 6 closed out — a net gain of 1 holder — while 11 added to existing stakes and 8 trimmed.
The largest buyer was Linden Advisors, adding an estimated $23.3M. The largest seller was Morgan Stanley, cutting an estimated $19.3M.
- 36 institutional investors held BrightSpring Health Services Unit (BTSGU) as of Q2 2024, up from 35 in Q1 2024.
- Funds reported $366M of BrightSpring Health Services Unit stock for Q2 2024, up 9.7% quarter-over-quarter.
- 7 funds opened new BrightSpring Health Services Unit positions in Q2 2024 and 6 closed out, a net change of +1 holder.
- The largest BrightSpring Health Services Unit buyer in Q2 2024 was Linden Advisors, an estimated $23.3M added.
- The largest BrightSpring Health Services Unit seller in Q2 2024 was Morgan Stanley, an estimated $19.3M sold.
Based on aggregated 13F filings for Q2 2024.