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Benefitfocus, Inc.

BNFTDelisted
Industry
Services-Prepackaged Software
SEC CIK
0001576169

Benefitfocus, Inc. was delisted in 2023; its insiders filed their last Form 4 on Jan 26, 2023; 104 institutions reported holding it in 13F filings for Q4 2022, worth $297.0M in total; no superinvestor held it.

13F holders, Q4 2022

Institutional positions in Benefitfocus, Inc. as of Dec 31, 2022. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

BNFT is no longer listed, so this page shows Q4 2022. 13F filings for later quarters list far fewer holders.

Institutional holders
104
+16 vs. Q3 2022
Shares held
28.4M
+3.04M (+12.0%) vs. Q3 2022
Total value
$297.0M
+$136.1M (+84.5%) vs. Q3 2022
New holders
47
26 more added
Sold out
31
24 more reduced

3 institutions that held it in Q3 2022 haven't filed for Q4 2022 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2022: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting BNFT on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2022: 104 institutions
Q1 2021: 103 institutionsQ2 2021: 106 institutionsQ3 2021: 107 institutionsQ4 2021: 111 institutionsQ1 2022: 104 institutionsQ2 2022: 101 institutionsQ3 2022: 91 institutionsQ4 2022: 104 institutionsQ1 2023: 1 institutionQ2 2023: 1 institutionQ3 2023: 0 institutionsQ4 2023: 0 institutionsQ1 2024: 0 institutionsQ2 2024: 0 institutionsQ3 2024: 0 institutionsQ4 2024: 0 institutionsQ1 2025: 0 institutionsQ2 2025: 0 institutionsQ3 2025: 0 institutionsQ4 2025: 0 institutionsQ1 2026: 0 institutionsQ2 2026: 0 institutions
Value heldQ4 2022: $297.0M
Q1 2021: $370.2MQ2 2021: $392.3MQ3 2021: $301.2MQ4 2021: $291.5MQ1 2022: $359.8MQ2 2022: $221.6MQ3 2022: $178.2MQ4 2022: $297.0MQ1 2023: $17.2KQ2 2023: $17.2KQ3 2023: $0Q4 2023: $0Q1 2024: $0Q2 2024: $0Q3 2024: $0Q4 2024: $0Q1 2025: $0Q2 2025: $0Q3 2025: $0Q4 2025: $0Q1 2026: $0Q2 2026: $0
Institutions holding BNFT and their total value by quarter
QuarterHoldersValue
Q2 20260$0
Q1 20260$0
Q4 20250$0
Q3 20250$0
Q2 20250$0
Q1 20250$0
Q4 20240$0
Q3 20240$0
Q2 20240$0
Q1 20240$0
Q4 20230$0
Q3 20230$0
Q2 20231$17.2K
Q1 20231$17.2K
Q4 2022104$297.0M
Q3 202291$178.2M
Q2 2022101$221.6M
Q1 2022104$359.8M
Q4 2021111$291.5M
Q3 2021107$301.2M
Q2 2021106$392.3M
Q1 2021103$370.2M

Institutions, Q4 2022

Shares, value and share of portfolio for each institution holding Benefitfocus, Inc.; share changes are against Q3 2022.

Institutions holding BNFT in Q4 2022
InstitutionSharesValue% of portfolioChange in sharesAction
Indaba Capital Management, L.P.3,963,694$41.5M8.02%00.0%Unchanged
BlackRock Inc.1,880,634$19.7M0.00%−131,953−6.6%Reduced
Beryl Capital Management LLC1,690,783$17.7M7.12%+1,690,783New
Vanguard Group Inc1,518,409$15.9M0.00%−274,579−15.3%Reduced
D. E. Shaw & Co., Inc.1,493,449$15.6M0.03%+1,436,325+2,514.4%Added
Versor Investments LP1,212,018$12.7M1.09%+1,212,018New
Glazer Capital, LLC1,146,220$12.0M0.31%+1,146,220New
Highland Capital Management Fund Advisors, L.P.1,107,904$11.6M0.90%+1,107,904New
Carlson Capital L P1,024,075$10.7M0.82%+1,024,075New
Bank of Montreal1,018,824$10.7M0.01%+1,018,824New
Bardin Hill Management Partners LP986,269$10.3M2.26%+986,269New
Baillie Gifford & Co918,355$9.61M0.01%−21,540−2.3%Reduced
Kim, LLC828,677$8.67M0.48%+828,677New
Water Island Capital LLC777,804$8.14M0.69%+777,804New
Man Group plc720,000$7.53M0.03%+704,800+4,636.8%Added
Ergoteles LLC588,589$6.16M0.23%+588,589New
Geode Capital Management, LLC512,227$5.36M0.00%+28,784+6.0%Added
State Street Corp506,505$5.30M0.00%−41,769−7.6%Reduced
Magnetar Financial LLC434,994$4.55M0.08%+434,994New
EHP Funds Inc.398,694$4.17M0.88%+398,694New
Schonfeld Strategic Advisors LLC394,476$4.13M0.03%+394,476New
Prelude Capital Management, LLC361,991$3.79M0.23%+361,991New
Morgan Stanley343,931$3.60M0.00%+245,082+247.9%Added
Owls Nest Partners IA, LLC295,000$3.09M1.29%−7,540−2.5%Reduced
Norges Bank281,600$2.95M0.00%+281,600New
Renaissance Technologies LLC279,754$2.93M0.00%+194,454+228.0%Added
Arrowstreet Capital, Limited Partnership255,378$2.67M0.00%+255,378New
Northern Trust Corp234,240$2.45M0.00%−26,473−10.2%Reduced
Federated Hermes, Inc.229,549$2.40M0.01%+5,277+2.4%Added
Verition Fund Management LLC174,403$1.82M0.04%+174,403New
Trexquant Investment LP164,243$1.72M0.05%+164,243New
Trium Capital LLP141,903$1.48M0.68%+141,903New
BCK Capital Management LP133,000$1.39M1.43%+133,000New
Tudor Investment Corp Et Al124,384$1.30M0.03%+87,103+233.6%Added
Deutsche Bank AG122,706$1.28M0.00%−261,479−68.1%Reduced
New York Life Investment Management LLC112,758$1.18M0.01%+112,758New
Bank of New York Mellon Corp101,018$1.06M0.00%+5,883+6.2%Added
Truist Financial Corp100,000$1.05M0.00%+100,000New
Kellner Capital, LLC97,100$1.02M1.18%+97,100New
Dynamic Technology Lab Private Ltd89,855$940.0K0.09%+89,855New
Marshall Wace, LLP87,927$919.7K0.00%+87,927New
Dimensional Fund Advisors LP87,724$917.0K0.00%−7,728−8.1%Reduced
Bank of America Corp82,803$866.1K0.00%+73,226+764.6%Added
Goldman Sachs Group Inc78,328$819.3K0.00%+33,376+74.2%Added
Qube Research & Technologies Ltd75,252$787.1K0.00%+75,252New
Nuveen Asset Management, LLC75,039$785.0K0.00%−129,273−63.3%Reduced
Credit Suisse AG74,007$774.1K0.00%+52,544+244.8%Added
Charles Schwab Investment Management Inc70,562$738.1K0.00%+1,677+2.4%Added
Two Sigma Advisers, LP57,400$600.4K0.00%+42,900+295.9%Added
Gabelli Funds LLC56,550$591.5K0.00%+56,550New
Two Sigma Investments, LP54,284$567.8K0.00%+54,284New
PEAK6 Investments LLC49,055$513.1K0.03%+38,814+379.0%Added
Citadel Advisors LLC48,756$510.0K0.00%−66,075−57.5%Reduced
Gabelli & Co Investment Advisers, Inc.41,500$434.1K0.09%+41,500New
Jane Street Group, LLC41,140$430.3K0.00%+41,140New
Rhumbline Advisers40,958$428.0K0.00%+6,303+18.2%Added
Alliancebernstein L.P.38,200$399.6K0.00%+18,400+92.9%Added
HRT Financial LP36,151$378.0K0.01%+36,151New
Millennium Management LLC35,805$375.0K0.00%+8,869+32.9%Added
Tower Research Capital LLC (TRC)31,586$331.0K0.01%+25,889+454.4%Added
Group One Trading, L.P.30,487$318.9K0.01%+5,497+22.0%Added
Walleye Trading LLC30,485$318.9K0.01%−3,730−10.9%Reduced
Wolverine Asset Management LLC28,219$295.2K0.00%+28,219New
Price T Rowe Associates Inc27,970$293.0K0.00%+175+0.6%Added
Telemetry Investments, L.L.C.27,100$283.0K0.66%+27,100New
Engineers Gate Manager LP26,403$276.2K0.02%+26,403New
Invesco Ltd.25,782$269.7K0.00%+14,468+127.9%Added
PenderFund Capital Management Ltd.18,350$260.0K0.08%+18,350New
Raymond James & Associates21,858$228.6K0.00%−15,750−41.9%Reduced
JPMorgan Chase & Co16,802$176.0K0.00%−54,156−76.3%Reduced
New York State Common Retirement Fund16,566$173.3K0.00%−17−0.1%Reduced
Quantbot Technologies LP16,471$172.3K0.01%+16,471New
MetLife Investment Management13,856$144.9K0.00%+13,856New
Mirae Asset Global Investments Co., Ltd.13,491$141.1K0.00%−324,201−96.0%Reduced
American International Group, Inc.12,366$129.3K0.00%+121+1.0%Added
State Board of Administration of Florida Retirement System12,325$128.9K0.00%−4,970−28.7%Reduced
Jump Financial, LLC11,653$121.9K0.01%+11,653New
Voya Investment Management LLC10,842$113.4K0.00%00.0%Unchanged
Manufacturers Life Insurance Company, The10,565$110.5K0.00%−1,094−9.4%Reduced
Royal Bank of Canada10,474$110.0K0.00%−45,074−81.1%Reduced
California State Teachers Retirement System10,436$109.2K0.00%−23,111−68.9%Reduced
UBS Group AG10,248$107.2K0.00%+9,734+1,893.8%Added
Baird Financial Group, Inc.10,000$105.0K0.00%00.0%Unchanged
Allspring Global Investments Holdings, LLC8,235$86.1K0.00%−70,299−89.5%Reduced
Point72 Middle East FZE7,472$78.2K0.01%+7,472New
Barclays PLC7,080$74.1K0.00%+5,926+513.5%Added
BNP Paribas Arbitrage, SA5,814$60.8K0.00%−95,605−94.3%Reduced
Cubist Systematic Strategies, LLC4,301$45.0K0.00%+4,301New
Amalgamated Bank3,834$40.0K0.00%00.0%Unchanged
Legal & General Group Plc2,787$29.2K0.00%−6,144−68.8%Reduced
Ameritas Investment Partners, Inc.2,338$24.5K0.00%00.0%Unchanged
Metropolitan Life Insurance Co1,678$17.6K0.00%+1,678New
Wells Fargo & Company1,674$17.5K0.00%−2,360−58.5%Reduced
FinTrust Capital Advisors, LLC1,645$17.2K0.00%00.0%Unchanged
Nisa Investment Advisors, LLC650$7.00K0.00%+10+1.6%Added
Tyler-Stone Wealth Management600$6.00K0.00%00.0%Unchanged
FMR LLC550$5.75K0.00%+326+145.5%Added
Quadrant Capital Group LLC320$3.35K0.00%+320New
Manchester Capital Management LLC224$2.34K0.00%+224New
US Bancorp193$2.02K0.00%+193New