Benefitfocus Inc (BNFT) Ownership

10.50 ↑0.00 (0.00%)

As of January 23, 2023, 3:59pm EST.

Institutions
Mutual Funds

Institutional Ownership

Indaba Capital Management, LLC is the biggest individual institutional holder of Benefitfocus Inc (BNFT), owning a total of 4 million shares. Combined, the top 30 institutional holders of BNFT own 91.32% of the company with a total of 31.5 million shares.

In the latest ownership report on December 31st 2022, the top 30 institutional holders increased their combined ownership of BNFT by 5.6 million shares. 7 institutions bought 6,059,326 total additional shares and increased their ownership by an average of 359.20%. However 5 institutions sold 477,381 total shares and decreased their ownership by an average of 6.85%.

Overall this is a positive sign as the number of shares owned by the top 20 institutional holders of Benefitfocus increased by a net total of 5,581,945 in the latest quarter.

Institution Ownership Chart

Latest Institutional Ownership Changes

Owner	Percent Owned	Percent Change	Shares Owned	Share Change	Date Reported
Indaba Capital Management, LLC	11.496%	0.000%	3,963,694	0	2022-12-31
BlackRock Inc	5.455%	-6.556%	1,880,634	-131,953	2022-12-31
Vanguard Group Inc	4.404%	-15.314%	1,518,409	-274,579	2022-12-31
D. E. Shaw & Co LP	4.332%	2,514.400%	1,493,449	1,436,325	2022-12-31
HIGHLAND CAPITAL MANAGEMENT FUND ADVISORS	3.213%	0.000%	1,107,904	1,107,904	2022-12-31
Carlson Capital LP	2.970%	0.000%	1,024,075	1,024,075	2022-12-31
Halcyon Management Partners LP	2.861%	0.000%	986,269	986,269	2022-12-31
Baillie Gifford & Co Limited.	2.664%	-2.292%	918,355	-21,540	2022-12-31
KIM, LLC	2.404%	0.000%	828,677	828,677	2022-12-31
State Street Corporation	1.469%	-7.618%	506,505	-41,769	2022-12-31
Schonfeld Strategic Advisors LLC	1.144%	0.000%	394,476	394,476	2022-12-31
Owls Nest Partners IA, LLC	0.856%	-2.492%	295,000	-7,540	2022-12-31
NORGES BANK	0.817%	0.000%	281,600	281,600	2022-12-31

Top Institutions

Owner	Percent Owned	Percent Change	Shares Owned	Share Change	Date Reported
Indaba Capital Management, LLC	11.496%	0.000%	3,963,694	0	2022-12-31
Archon Capital Management LLC	9.493%	-1.505%	3,273,141	-50,000	2022-09-30
Brown Brothers Harriman & Co	8.980%	0.000%	3,096,010	0	2022-09-30
BlackRock Inc	5.455%	-6.556%	1,880,634	-131,953	2022-12-31
Lynrock Lake LP	5.220%	0.000%	1,799,795	0	2022-09-30
Vanguard Group Inc	4.404%	-15.314%	1,518,409	-274,579	2022-12-31
D. E. Shaw & Co LP	4.332%	2,514.400%	1,493,449	1,436,325	2022-12-31
Siris Capital Group	4.301%	0.000%	1,483,047	0	2022-09-30
VIEX Capital Advisors, LLC	3.511%	29.744%	1,210,573	277,522	2022-09-30
Needham Investment Management, LLC	3.451%	0.000%	1,190,000	0	2022-09-30
HIGHLAND CAPITAL MANAGEMENT FUND ADVISORS	3.213%	0.000%	1,107,904	1,107,904	2022-12-31
Carlson Capital LP	2.970%	0.000%	1,024,075	1,024,075	2022-12-31
Halcyon Management Partners LP	2.861%	0.000%	986,269	986,269	2022-12-31
Tikvah Management LLC	2.828%	0.000%	975,118	0	2022-09-30
Baillie Gifford & Co Limited.	2.664%	-2.292%	918,355	-21,540	2022-12-31
KIM, LLC	2.404%	0.000%	828,677	828,677	2022-12-31
State Street Corporation	1.469%	-7.618%	506,505	-41,769	2022-12-31
Geode Capital Management, LLC	1.402%	0.585%	483,443	2,810	2022-09-30
Acadian Asset Management LLC	1.291%	1.726%	445,089	7,550	2022-09-30
Schonfeld Strategic Advisors LLC	1.144%	0.000%	394,476	394,476	2022-12-31
Deutsche Bank AG	1.114%	-0.321%	384,185	-1,237	2022-09-30
Mirae Asset Global Investments (Korea) Co Ltd	0.979%	-4.276%	337,692	-15,084	2022-09-30
Horrell Capital Management, Inc.	0.968%	0.000%	333,809	0	2022-09-30
Susquehanna International Group, LLP	0.915%	193.423%	315,459	207,949	2022-09-30
Owls Nest Partners IA, LLC	0.856%	-2.492%	295,000	-7,540	2022-12-31
NORGES BANK	0.817%	0.000%	281,600	281,600	2022-12-31
Northern Trust Corp	0.756%	-0.798%	260,713	-2,098	2022-09-30
Potomac Capital Management, Inc.	0.706%	9.563%	242,900	21,200	2022-09-30
Jacobs Levy Equity Management, Inc.	0.664%	-20.562%	228,449	-59,131	2022-09-30
Federated Hermes Inc	0.653%	630.480%	224,608	193,860	2022-06-30

Mutual Fund Ownership

Needham Small Cap Growth Retail is the biggest individual fund holder of Benefitfocus Inc (BNFT), owning a total of 1.2 million shares. Combined, the top 44 mutual fund holders of BNFT own 32.93% of the company with a total of 11.4 million shares.

In the latest ownership report on December 31st 2022, the top 44 fund holders increased their combined ownership of BNFT by 829 thousand shares. 16 funds bought 1,686,908 total additional shares and increased their ownership by an average of 20.06%. However 10 funds sold 858,149 total shares and decreased their ownership by an average of 17.4%.

Overall this is a positive sign as the number of shares owned by the top 20 mutual funds holding Benefitfocus increased by a net total of 828,759 in the latest report.

Mutual Funds Chart

Latest Mutual Fund Ownership Changes

Owner	Percent Owned	Percent Change	Shares Owned	Share Change	Date Reported
NexPoint Merger Arbitrage Z	3.049%	0.000%	1,051,188	1,051,188	2022-12-31
Vanguard Instl Ttl Stck Mkt Idx Tr	2.660%	2.275%	917,128	20,400	2022-12-31
Vanguard Total Stock Mkt Idx Inv	2.660%	-44.360%	917,128	-731,200	2022-12-31
Vanguard Extended Market Index Investor	1.241%	-0.200%	427,873	-859	2022-12-31
EHP Global Arbitrage Alternative Cl F	1.156%	0.000%	398,694	0	2022-12-31
FranklinK2 Bardin Hill Arb EBPFaccUSD	0.993%	60.401%	342,285	128,892	2022-12-31
Baillie Gifford Global Discovery A Acc	0.887%	4.463%	305,966	13,071	2022-12-31
Franklin K2 Alt Strats I(acc)USD	0.627%	60.401%	216,023	81,346	2022-12-31
Fidelity® Small Cap Index	0.596%	1.177%	205,532	2,390	2022-12-31
Federated Hermes MDT Small Cap Growth IS	0.543%	60.218%	187,146	70,339	2022-12-31
Federated Hermes MDT SCG Institutional	0.543%	60.218%	187,146	70,339	2022-12-31
GSF II GS Glb Mlt-Mgr Alts R USD Inc	0.519%	0.000%	178,862	178,862	2022-12-31
K2 Alternative Strategies R6	0.478%	60.399%	164,856	62,077	2022-12-31
Fidelity® Extended Market Index	0.457%	-0.414%	157,493	-655	2022-12-31
State St Russell Sm/Mid Cp® Indx NL Cl C	0.361%	1.647%	124,297	2,014	2022-12-31
State St Russell Sm Cap® Indx NL Cl C	0.311%	0.942%	107,200	1,000	2022-12-31
Baillie Gifford WW Discovery B USD Acc	0.239%	3.132%	82,530	2,506	2022-12-31
DWS Global Small Cap S	0.223%	0.000%	76,922	0	2022-12-31
NT R2000 Index Fund - NL	0.206%	-0.279%	71,060	-199	2022-12-31
BlackRock Extended Mkt Composite	0.191%	-0.050%	65,857	-33	2022-12-31
Schwab Small Cap Index	0.170%	0.000%	58,531	0	2022-12-31
BlackRock Extended Equity Market K	0.166%	-0.736%	57,330	-425	2022-12-31
NT R2000 Index Fund - DC - NL - 2	0.158%	2.580%	54,470	1,370	2022-12-31
NT R2000 Growth Index Fund - NL	0.147%	-3.653%	50,724	-1,923	2022-12-31
Fidelity® Total Market Index	0.138%	0.000%	47,410	0	2022-12-31
Russell 2000 Index Non-Lendable Fund E	0.112%	-0.023%	38,452	-9	2022-12-31
BlackRock Russell 2500™ Index F	0.110%	0.434%	37,961	164	2022-12-31
Federated Hermes MDT Small Cap Core IS	0.108%	-62.160%	37,391	-61,423	2022-12-31
Federated Hermes MDT SCC Institutional	0.108%	-62.160%	37,391	-61,423	2022-12-31
Northern Trust Russell 2000 Growth Index	0.105%	2.691%	36,252	950	2022-12-31

Top Mutual Funds

Owner	Percent Owned	Percent Change	Shares Owned	Share Change	Date Reported
Needham Small Cap Growth Retail	3.451%	0.000%	1,190,000	0	2022-09-30
NexPoint Merger Arbitrage Z	3.049%	0.000%	1,051,188	1,051,188	2022-12-31
Vanguard Instl Ttl Stck Mkt Idx Tr	2.660%	2.275%	917,128	20,400	2022-12-31
Vanguard Total Stock Mkt Idx Inv	2.660%	-44.360%	917,128	-731,200	2022-12-31
Man GLG Event Driven Alternative IN USD	2.064%	0.000%	711,738	711,738	2022-11-30
Arbitrage R	2.030%	0.000%	699,932	699,932	2022-11-30
iShares Russell 2000 ETF	1.722%	-0.827%	593,537	-4,950	2022-12-30
Vanguard Extended Market Index Investor	1.241%	-0.200%	427,873	-859	2022-12-31
EHP Global Arbitrage Alternative Cl F	1.156%	0.000%	398,694	0	2022-12-31
FranklinK2 Bardin Hill Arb EBPFaccUSD	0.993%	60.401%	342,285	128,892	2022-12-31
Baillie Gifford Global Discovery A Acc	0.887%	4.463%	305,966	13,071	2022-12-31
Global X Cloud Computing ETF	0.848%	-0.056%	291,815	-164	2022-10-31
Edinburgh Worldwide Ord	0.657%	0.000%	226,368	0	2022-11-30
Franklin K2 Alt Strats I(acc)USD	0.627%	60.401%	216,023	81,346	2022-12-31
Fidelity® Small Cap Index	0.596%	1.177%	205,532	2,390	2022-12-31
Federated Hermes MDT Small Cap Growth IS	0.543%	60.218%	187,146	70,339	2022-12-31
Federated Hermes MDT SCG Institutional	0.543%	60.218%	187,146	70,339	2022-12-31
GSF II GS Glb Mlt-Mgr Alts R USD Inc	0.519%	0.000%	178,862	178,862	2022-12-31
K2 Alternative Strategies R6	0.478%	60.399%	164,856	62,077	2022-12-31
Fidelity® Extended Market Index	0.457%	-0.414%	157,493	-655	2022-12-31
iShares Russell 2000 Growth ETF	0.448%	0.113%	154,478	174	2022-12-30
Old Westbury Small & Mid Cap Strategies	0.442%	-26.619%	152,398	-55,283	2022-10-31
AltShares Merger Arbitrage ETF	0.440%	0.000%	151,802	151,802	2022-11-30
Vanguard Strategic Small-Cap Equity Inv	0.421%	0.000%	145,175	0	2022-10-31
Vanguard VIF Small Co Gr	0.408%	0.000%	140,674	0	2022-10-31
State St Russell Sm/Mid Cp® Indx NL Cl C	0.361%	1.647%	124,297	2,014	2022-12-31
IQ Merger Arbitrage ETF	0.327%	0.000%	112,758	0	2022-12-30
State St Russell Sm Cap® Indx NL Cl C	0.311%	0.942%	107,200	1,000	2022-12-31
iShares ESG Aware MSCI USA Small-Cap ETF	0.298%	0.000%	102,623	0	2022-10-31
Baillie Gifford WW Discovery B USD Acc	0.239%	3.132%	82,530	2,506	2022-12-31
DWS Global Small Cap S	0.223%	0.000%	76,922	0	2022-12-31
NT R2000 Index Fund - NL	0.206%	-0.279%	71,060	-199	2022-12-31
BlackRock Extended Mkt Composite	0.191%	-0.050%	65,857	-33	2022-12-31
Schwab Small Cap Index	0.170%	0.000%	58,531	0	2022-12-31
BlackRock Extended Equity Market K	0.166%	-0.736%	57,330	-425	2022-12-31
NT R2000 Index Fund - DC - NL - 2	0.158%	2.580%	54,470	1,370	2022-12-31
NT R2000 Growth Index Fund - NL	0.147%	-3.653%	50,724	-1,923	2022-12-31
Fidelity® Total Market Index	0.138%	0.000%	47,410	0	2022-12-31
iShares Russell 2000 Small-Cap Idx Instl	0.114%	2.678%	39,344	1,026	2022-11-30
Russell 2000 Index Non-Lendable Fund E	0.112%	-0.023%	38,452	-9	2022-12-31
BlackRock Russell 2500™ Index F	0.110%	0.434%	37,961	164	2022-12-31
Federated Hermes MDT Small Cap Core IS	0.108%	-62.160%	37,391	-61,423	2022-12-31
Federated Hermes MDT SCC Institutional	0.108%	-62.160%	37,391	-61,423	2022-12-31
Northern Trust Russell 2000 Growth Index	0.105%	2.691%	36,252	950	2022-12-31