Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Brightspring Health Svcs Inc (BTSG)

332 + Investors. Track Smart Money conviction in BTSG. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +53
Streak
9Q ▲
Buyers last Q
68%

Smart Money Signals — BTSG

Based on 333 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 9 quarters in a row

last 6Q
For 9 consecutive quarters, more hedge funds added BTSG than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
333 hedge funds hold BTSG right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +103% more funds vs a year ago

fund count last 6Q
+169 new funds entered over the past year (+103% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟢

More buyers than sellers — 68% buying

241 buying111 selling
Last quarter: 241 funds were net buyers (92 opened a brand new position + 149 added to an existing one). Only 111 were sellers (72 trimmed + 39 sold completely). A clear majority buying is a strong confirmation signal.
➡️

Steady new buyers — ~92 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 66 → 61 → 94 → 92. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔄

Mostly new holders — 55% entered in last year

■ 13% conviction (2yr+) ■ 32% medium ■ 55% new
Only 44 funds (13%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
📈

Growing discovery — still being found

48 → 66 → 61 → 94 → 92 new funds/Q
New funds entering each quarter: 66 → 61 → 94 → 92. A growing number of institutions are discovering BTSG each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🌱

Early stage — 64% of holders entered in last year

■ 3% veterans ■ 33% 1-2yr ■ 64% new
Of 342 current holders: 220 (64%) entered in the past year, only 10 (3%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.
✅

Strong quality — 39% AUM from major funds

39% from top-100 AUM funds
50 of 331 holders rank in the top 100 by AUM, accounting for 39% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
5.5
out of 10
Moderate Exit Risk
Exit risk score 5.5/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — BTSG

In 2026 Q1, 241 hedge funds were net buyers of BTSG (92 opened a new position, 149 added to an existing one), while 111 reduced or exited (72 trimmed, 39 sold completely) — a 68% buyer ratio, indicating clear institutional accumulation. This marks 9 consecutive quarters of net institutional buying — a persistent conviction signal. 39% of total institutional value in BTSG is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +53 funds (more new holders than closures). Total institutional holders: 333.

Hedge Fund Ownership: BTSG

How many hedge funds hold BTSG — quarterly history vs. share price
Quarterly hedge fund ownership of BTSG vs. share price

Market Analysis: BTSG

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: BTSG

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Brightspring Health Svcs Inc (BTSG) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much BTSG has moved relative to its sector benchmark (XLV) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 78d ago
BTSG
+50.4%
XLV
+2.4%

BTSG outperformed XLV by +48.0% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 33d ago
BTSG
+10.6%
XLV
+3.5%

Since the filing became public, BTSG outperformed XLV by +7.1% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

31 top-rated funds 4 high-conviction
Consensus
6.5
/ 10
breadth
×
Elite
3.9
/ 10
conviction
Hedge Fund Positioning: BTSG
332 + Investors

Track Smart Money conviction in BTSG. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 332 280 18.57%
13F Shares 209M 206M 1.58%
Total Value $8.04B $7.32B 9.88%
New Positions 91 94 -3
Increased Positions 149 109 +40
Closed Positions 39 36 +3
Reduced Positions 68 63 +5
Total Calls 5 5 -
Total Puts 6 4 50.0%
PUT/CALL Ratio 1.2 0.8 Neutral

Statistics: BTSG

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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

332 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in BTSG. Verified SEC 13F-HR filings.

QUARTER:
Top 25 BTSG holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Kohlberg Kravis Roberts & Co. L.P. 33.33% 41,824,259 $1.78B
2 Sea Cliff Partners Management, LP 17.26% 784,444 $33.4M
3 Alta Fox Capital Management, LLC 16.05% 1,423,400 $60.7M
4 Integral Health Asset Management, LLC 2.55% 1,250,000 $53.3M
5 Chase Investment Counsel Corp 2.17% 193,760 $8.3M
6 Renaissance Capital LLC 2.12% 60,919 $2.9M
7 Lisanti Capital Growth, LLC 2.03% 189,455 $8.1M
8 Ardsley Advisory Partners LP 1.90% 350,000 $14.9M
9 Seven Grand Managers, LLC 1.71% 600,000 $25.6M
10 Oberweis Asset Management Inc/ 1.46% 1,158,970 $49.4M
11 Braidwell LP 1.44% 1,016,562 $43.3M
12 Formula Growth Ltd 1.34% 69,678 $3.0M
13 Informed Momentum Co LLC 0.80% 162,998 $6.9M
14 Hennessy Advisors Inc 0.75% 488,300 $20.8M
15 Oak Ridge Investments LLC 0.73% 260,018 $11.1M
16 PFM Health Sciences, LP 0.73% 187,335 $8.0M
17 Wealthstar Advisors, LLC 0.71% 35,791 $1.5M
18 Capricorn Fund Managers Ltd 0.71% 106,196 $4.5M
19 Legacy Financial Independent Advisors LLC 0.53% 24,018 $1.0M
20 Advisors Preferred, LLC 0.50% 80,254 $3.4M
21 Element Capital Management LLC 0.47% 116,757 $5.0M
22 Fuller & Thaler Asset Management, INC. 0.47% 3,251,391 $138.5M
23 Artia Global Partners LP 0.46% 53,800 $2.3M
24 Orbimed Advisors LLC 0.42% 497,800 $21.2M
25 Farallon Capital Management LLC 0.39% 1,617,000 $68.9M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Brightspring Health Svcs Inc (BTSG)

What does the Smart Money Trend signal show for BTSG?

Buying streak — 9 quarters in a row: For 9 consecutive quarters, more hedge funds added BTSG than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for BTSG?

More buyers than sellers — 68% buying: Last quarter: 241 funds were net buyers (92 opened a brand new position + 149 added to an existing one). Only 111 were sellers (72 trimmed + 39 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for BTSG holders?

Strong quality — 39% AUM from major funds: 50 of 331 holders rank in the top 100 by AUM, accounting for 39% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held BTSG?

Mostly new holders — 55% entered in last year: Only 44 funds (13%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

Is it too late to buy Brightspring Health Svcs Inc (BTSG) following the 2026 Q1 hedge fund 13F filings?

As of today, BTSG has moved +10.6% since the 2026 Q1 13F filing date (May 15, 2026), compared to +3.5% for the XLV sector ETF — an outperformance of +7.1%. Since the quarter end (March 31, 2026), BTSG has gained +50.4% vs +2.4% for XLV. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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