BrightSpring Health Services Unit
BTSGU
32 hedge funds and large institutions have $442M invested in BrightSpring Health Services Unit in 2024 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 12 reducing their positions, and 7 closing their positions.
21% more capital invested
Capital invested by funds: $366M → $442M (+$75.8M)
1.61% more ownership
Funds ownership: 95.62% → 97.23% (+1.6%)
8% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 12
11% less funds holding
Funds holding: 36 → 32 (-4)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LA
Linden Advisors
New York
|
+$22.7M |
| 2 |
D.E. Shaw & Co
New York
|
+$19M |
| 3 |
AAI
Aequim Alternative Investments
Mill Valley,
California
|
+$18.8M |
| 4 |
HCM
Highbridge Capital Management
New York
|
+$11.3M |
| 5 |
Mirae Asset Global ETFs Holdings
Causeway Bay,
Hong Kong
|
+$7.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VOYA Investment Management
Atlanta,
Georgia
|
-$28.4M |
| 2 |
Jane Street
New York
|
-$10.4M |
| 3 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$7.53M |
| 4 |
Blackstone Inc
New York
|
-$7.06M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$6.18M |
BTSGU Hedge Fund Activity: Q3 2024 in Review
32 of the 6,979 institutional investors tracked by Wall St. Rank reported a position in BrightSpring Health Services Unit (BTSGU) for Q3 2024, worth a combined $442M — up 21% from $366M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of BTSGU and 3 opened new positions — a net loss of 4 holders — while 12 trimmed existing stakes and 11 added.
The largest buyer was Linden Advisors, adding an estimated $22.7M. The largest seller was VOYA Investment Management, cutting an estimated $28.4M.
- 32 institutional investors held BrightSpring Health Services Unit (BTSGU) as of Q3 2024, down from 36 in Q2 2024.
- Funds reported $442M of BrightSpring Health Services Unit stock for Q3 2024, up 21% quarter-over-quarter.
- 3 funds opened new BrightSpring Health Services Unit positions in Q3 2024 and 7 closed out, a net change of -4 holders.
- The largest BrightSpring Health Services Unit buyer in Q3 2024 was Linden Advisors, an estimated $22.7M added.
- The largest BrightSpring Health Services Unit seller in Q3 2024 was VOYA Investment Management, an estimated $28.4M sold.
Based on aggregated 13F filings for Q3 2024.