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Benefitfocus, Inc.

BNFTDelisted Jan 24, 2023
Industry
Services-Prepackaged Software
SEC CIK
0001576169

Benefitfocus, Inc. was delisted on Jan 24, 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, Q1 2022

Institutional positions in Benefitfocus, Inc. as of Mar 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

Institutional holders
104
−6 vs. Q4 2021
Shares held
28.1M
+874.5K (+3.2%) vs. Q4 2021
Total value
$354.9M
+$64.3M (+22.1%) vs. Q4 2021
New holders
11
33 more added
Sold out
17
44 more reduced

1 institution that held it in Q4 2021 haven't filed for Q1 2022 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 2021: 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 holdersQ1 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 heldQ1 2022: $354.9M
Q1 2021: $370.2MQ2 2021: $391.7MQ3 2021: $301.2MQ4 2021: $290.6MQ1 2022: $354.9MQ2 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$354.9M
Q4 2021111$290.6M
Q3 2021107$301.2M
Q2 2021106$391.7M
Q1 2021103$370.2M

Institutions, Q1 2022

Shares, value and share of portfolio for each institution holding Benefitfocus, Inc.; share changes are against Q4 2021.

Institutions holding BNFT in Q1 2022
InstitutionSharesValue% of portfolioChange in sharesAction
Indaba Capital Management, L.P.3,963,694$50.0M5.66%+656,613+19.9%Added
Archon Capital Management LLC3,312,332$41.8M10.81%+4,307+0.1%Added
Brown Brothers Harriman & Co3,096,010$39.1M0.28%00.0%Unchanged
BlackRock Inc.1,984,412$25.0M0.00%+104,003+5.5%Added
Vanguard Group Inc1,771,320$22.4M0.00%−122,677−6.5%Reduced
Lynrock Lake LP1,670,573$21.1M1.18%+61,822+3.8%Added
Siris Capital Group, LLC1,483,047$18.7M100.00%+837,323+129.7%Added
Needham Investment Management LLC1,184,428$14.9M2.16%−115,572−8.9%Reduced
Baillie Gifford & Co993,007$12.5M0.01%−20,168−2.0%Reduced
Tikvah Management LLC975,118$12.3M3.93%00.0%Unchanged
VIEX Capital Advisors, LLC792,409$10.0M19.29%−176,800−18.2%Reduced
State Street Corp619,868$7.82M0.00%−33,944−5.2%Reduced
Geode Capital Management, LLC474,141$5.98M0.00%+13,499+2.9%Added
Acadian Asset Management LLC404,380$5.10M0.02%−16,947−4.0%Reduced
Mirae Asset Global Investments Co., Ltd.388,179$4.90M0.01%−24,298−5.9%Reduced
Jacobs Levy Equity Management, Inc346,835$4.38M0.03%−35,991−9.4%Reduced
Horrell Capital Management, Inc.323,809$4.09M1.33%+63,809+24.5%Added
Deutsche Bank AG308,144$3.89M0.00%−11,620−3.6%Reduced
Dimensional Fund Advisors LP271,924$3.43M0.00%+73,442+37.0%Added
Northern Trust Corp265,255$3.35M0.00%−14,410−5.2%Reduced
Morgan Stanley241,087$3.04M0.00%−25,974−9.7%Reduced
Nuveen Asset Management, LLC246,655$2.81M0.00%−5,787−2.3%Reduced
Owls Nest Partners IA, LLC200,040$2.52M1.13%+30,040+17.7%Added
Potomac Capital Management, Inc.191,000$2.41M2.32%+141,000+282.0%Added
AQR Capital Management LLC180,778$2.28M0.00%+17,171+10.5%Added
Goldman Sachs Group Inc173,487$2.19M0.00%+86,390+99.2%Added
Two Sigma Advisers, LP128,500$1.62M0.00%−77,800−37.7%Reduced
BNP Paribas Arbitrage, SA116,712$1.47M0.00%+5,180+4.6%Added
JPMorgan Chase & Co116,409$1.47M0.00%−13,205−10.2%Reduced
Employees Retirement System of Texas110,642$1.40M0.02%+35,242+46.7%Added
Allspring Global Investments Holdings, LLC96,672$1.22M0.00%+914+1.0%Added
Royal Bank of Canada96,417$1.22M0.00%+6,525+7.3%Added
Bank of New York Mellon Corp91,828$1.16M0.00%+141+0.2%Added
Renaissance Technologies LLC79,500$1.00M0.00%+16,300+25.8%Added
D. E. Shaw & Co., Inc.77,824$982.0K0.00%−60,253−43.6%Reduced
Charles Schwab Investment Management Inc67,406$851.0K0.00%00.0%Unchanged
Susquehanna Fundamental Investments, LLC65,188$823.0K0.02%+4,450+7.3%Added
Swiss National Bank63,300$799.0K0.00%+6,000+10.5%Added
Two Sigma Investments, LP60,315$761.0K0.00%−89,312−59.7%Reduced
Raymond James & Associates58,353$736.0K0.00%−1,475−2.5%Reduced
Engineers Gate Manager LP56,446$712.0K0.03%−42,990−43.2%Reduced
HSBC Holdings PLC47,639$602.0K0.00%+29+0.1%Added
Susquehanna International Group, LLP42,848$541.0K0.00%−9,621−18.3%Reduced
Shell Asset Management Co39,392$497.0K0.01%−5,785−12.8%Reduced
Citadel Advisors LLC36,649$463.0K0.00%−31,309−46.1%Reduced
California State Teachers Retirement System36,088$455.0K0.00%+130+0.4%Added
PDT Partners, LLC35,968$454.0K0.04%−11,836−24.8%Reduced
Wells Fargo & Company32,982$416.0K0.00%−7,333−18.2%Reduced
State of Wisconsin Investment Board32,500$410.0K0.00%+32,500New
CAPROCK Group, Inc.31,890$402.0K0.04%+2,840+9.8%Added
Ameriprise Financial Inc30,820$389.0K0.00%−2,503−7.5%Reduced
Federated Hermes, Inc.30,748$388.0K0.00%+30,748New
Envestnet Asset Management Inc30,677$387.0K0.00%+17,045+125.0%Added
Price T Rowe Associates Inc30,175$381.0K0.00%+936+3.2%Added
NinePointTwo Capital30,074$379.0K0.10%+1,842+6.5%Added
Rhumbline Advisers29,238$369.0K0.00%−3,903−11.8%Reduced
ExodusPoint Capital Management, LP28,513$360.0K0.01%−13,173−31.6%Reduced
Los Angeles Capital Management LLC26,234$331.0K0.00%+26,234New
Putnam Investments LLC24,804$314.0K0.00%−1,594−6.0%Reduced
Credit Suisse AG22,028$278.0K0.00%+1,209+5.8%Added
Man Group plc20,600$260.0K0.00%+2,400+13.2%Added
Russell Investments Group, Ltd.20,580$258.0K0.00%−7,986−28.0%Reduced
Alliancebernstein L.P.17,600$222.0K0.00%+100+0.6%Added
State Board of Administration of Florida Retirement System17,295$218.0K0.00%00.0%Unchanged
Millennium Management LLC16,542$209.0K0.00%−133,354−89.0%Reduced
New York State Common Retirement Fund16,576$209.0K0.00%00.0%Unchanged
Eaton Vance Management16,250$205.0K0.00%00.0%Unchanged
SG Americas Securities, LLC15,688$198.0K0.00%+3,389+27.6%Added
Simplex Trading, LLC15,236$192.0K0.01%+7,021+85.5%Added
Parametric Portfolio Associates LLC14,993$189.0K0.00%−18,724−55.5%Reduced
Brown Advisory Inc15,000$189.0K0.00%00.0%Unchanged
Campbell & CO Investment Adviser LLC14,682$185.0K0.05%+14,682New
MetLife Investment Management13,846$174.7K0.00%+4,937+55.4%Added
UBS Asset Management Americas Inc13,124$165.6K0.00%−2,629−16.7%Reduced
American International Group, Inc.12,400$156.0K0.00%−872−6.6%Reduced
Bank of America Corp11,806$149.0K0.00%−23,807−66.8%Reduced
Occudo Quantitative Strategies LP11,745$148.0K0.01%−8,996−43.4%Reduced
Manufacturers Life Insurance Company, The11,529$145.5K0.00%−3,527−23.4%Reduced
Voya Investment Management LLC10,842$137.0K0.00%+10,842New
Royce & Associates LP10,600$134.0K0.00%00.0%Unchanged
Algert Global LLC10,581$134.0K0.01%+10,581New
Invesco Ltd.10,260$130.0K0.00%−157−1.5%Reduced
Baird Financial Group, Inc.10,000$126.0K0.00%00.0%Unchanged
Legal & General Group Plc8,640$109.0K0.00%00.0%Unchanged
State of Wyoming7,334$93.0K0.05%+7,334New
UBS Group AG5,016$63.0K0.00%−9,423−65.3%Reduced
Barclays PLC4,240$55.0K0.00%−26,134−86.0%Reduced
Amalgamated Bank3,799$48.0K0.00%+3,799New
Amalgamated Financial Corp.3,799$48.0K0.00%+3,799New
Ameritas Investment Partners, Inc.2,338$30.0K0.00%00.0%Unchanged
Parallel Advisors, LLC2,234$28.0K0.00%+59+2.7%Added
Citigroup Inc1,939$24.0K0.00%−6,756−77.7%Reduced
FinTrust Capital Advisors, LLC1,645$21.0K0.00%00.0%Unchanged
Metropolitan Life Insurance Co1,643$20.7K0.00%−4,879−74.8%Reduced
Great West Life Assurance Co1,473$20.0K0.00%00.0%Unchanged
Zurcher Kantonalbank (Zurich Cantonalbank)1,324$17.0K0.00%00.0%Unchanged
Tower Research Capital LLC (TRC)990$12.0K0.00%−7,866−88.8%Reduced
Captrust Financial Advisors750$9.00K0.00%00.0%Unchanged
Tyler-Stone Wealth Management600$8.00K0.00%−850−58.6%Reduced
Nisa Investment Advisors, LLC640$8.00K0.00%−260−28.9%Reduced