JPMorgan Amends Bright Horizons Stake, Updates Ownership Disclosure

TL;DR

**JPMorgan just updated its stake in Bright Horizons, keep an eye on their next move.**

AI Summary

JPMorgan Chase & Co. filed an amended Schedule 13G/A on January 16, 2024, indicating a change in its beneficial ownership of Bright Horizons Family Solutions Inc. common stock as of December 29, 2023. This filing, an amendment number 02, updates their previous disclosures regarding their holdings in the child care services company. This matters to investors because it provides transparency into a major institutional investor's position, potentially signaling their evolving confidence in Bright Horizons' future performance.

Why It Matters

This filing shows an institutional investor's updated position, which can influence market perception and potentially signal changes in their investment strategy for Bright Horizons.

Risk Assessment

Risk Level: low — This is a routine amendment filing by an institutional investor, not indicating any immediate significant risk.

Analyst Insight

Investors should note that a major institutional holder like JPMorgan Chase & Co. is updating its position. While this filing doesn't disclose the exact change in share count or percentage, it signals ongoing portfolio management. Smart investors might look for the full details of the ownership change in the complete filing to understand the magnitude of JPMorgan's adjustment and consider if it aligns with their own investment thesis for Bright Horizons Family Solutions Inc.

Key Players & Entities

• JPMorgan Chase & Co. (company) — the institutional investor filing the SC 13G/A
• Bright Horizons Family Solutions Inc. (company) — the subject company whose stock is being reported
• December 29, 2023 (date) — the date of the event requiring the filing
• January 16, 2024 (date) — the filing date of the SC 13G/A
• 0001437578 (number) — Central Index Key (CIK) for Bright Horizons Family Solutions Inc.
• 0000019617 (number) — Central Index Key (CIK) for JPMorgan Chase & Co.

FAQ

Key Financial Figures

• $0.001 — INC. (Name of Issuer) Common Stock, $0.001 par value per share (Title of Class o

Filing Documents

• BRIGHT_HORIZONS_FAMILY_SOL.htm (SC 13G/A) — 86KB
• 0000019617-24-000074.txt ( ) — 88KB

From the Filing

SC 13G/A 1 BRIGHT_HORIZONS_FAMILY_SOL.htm FILING BRIGHT HORIZONS FAMILY SOLUTIONS INC. Schedule 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 02 )* BRIGHT HORIZONS FAMILY SOLUTIONS INC. (Name of Issuer) Common Stock, $0.001 par value per share (Title of Class of Securities) 109194100 (CUSIP Number) December 29, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: x Rule 13d-1(b) o Rule 13d-1(c) o Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 109194100 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) JPMORGAN CHASE & CO. 13-2624428 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) o (b) o 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: 5 SOLE VOTING POWER 3,030,663 6 SHARED VOTING POWER 19,757 7 SOLE DISPOSITIVE POWER 3,366,869 8 SHARED DISPOSITIVE POWER 19,843 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,390,739 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) o 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.8 % 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) HC FOOTNOTES Item 1. (a) Name of Issuer BRIGHT HORIZONS FAMILY SOLUTIONS INC. (b) Address of Issuer's Principal Executive Offices 2 Wells Avenue Newton, Massachusetts 02459 Item 2. (a) Name of Person Filing JPMORGAN CHASE & CO. (b) Address of Principal Business Office or, if none, Residence 383 Madison Avenue New York, NY 10179 (c) Citizenship Delaware (d) Title of Class of Securities Common Stock, $0.001 par value per share (e) CUSIP Number 109194100 Item 3. If this statement is filed pursuant to 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: (a) o Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). (b) o Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). (c) o Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). (d) o Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8). (e) o An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E); (f) o An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F); (g) x A parent holding company or control person in accordance with 240.13d-1(b)(1)(ii)(G); (h) o A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) o A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) o A non-U.S. institution in accordance with 240.13d-1(b)(1)(ii)(J). (k) o A group, in accordance with 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with 240.13d-1(b)(1)(ii)(J), please specify the type of institution: Item 4. Ownership. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: 3,390,739 (b) Percent of class: 5.8 % (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 3,030,663 (ii) Shared power to vote or to direct the vote: 19,757 (iii) Sole power to dispose or to direct the disposition of: 3,366,869 (iv) Shared power to dispose or to direct the disposition of: 19,843 Item 5. Ownership of Five Percent or Less of a Class If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following o . Item 6. Ownership of More than Five Percent on Behalf of Another Person. Not Applicable Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company J.P. Morgan Trust Company of Delaware