Brevan Howard Capital Management 13F: Adds $7.3M to BHF Stake

Brevan Howard Capital Management has significantly increased its holdings in Brighthouse Financial, Inc. (NasdaqGS: BHF). According to the latest Form 13F filing with the SEC, the fund added 115,188 shares during the reporting period, bringing its total position to 120,793 shares. This marks a massive 2055% increase in its stake, valued at approximately $7.61 million.

What Changed in Brevan Howard Capital Management's Brighthouse Financial Position

Brevan Howard Capital Management's recent move shows a substantial boost in its Brighthouse Financial holdings. Previously holding just 5,605 shares, the fund now owns 120,793 shares, reflecting an increase of 115,188 shares. The reported value of this position is about $7.61 million, indicating a strong vote of confidence in the company's prospects.

Other Institutional Activity in Brighthouse Financial

Several other institutional investors have also been active in Brighthouse Financial. BlackRock, Inc. reduced its holdings by 89,715 shares, ending with 5,272,940 shares valued at $315.74 million. UBS Group AG increased its position by 1,194,831 shares, now holding 3,734,476 shares worth approximately $223.62 million. Dimensional Fund Advisors LP added 60,791 shares, resulting in 3,555,823 shares valued at $212.93 million. DME Capital Management, LP grew its holdings by 50,000 shares to a total of 2,842,100 shares, valued at $170.18 million. American Century Companies Inc. made a significant addition of 251,061 shares, bringing its total to 2,592,405 shares with a value of $155.23 million.

Brighthouse Financial, Inc. Stock Up 26.7%

Shares of Brighthouse Financial, Inc. (NasdaqGS: BHF) recently traded around $63.03. The company has a market capitalization of approximately $3.62 billion and a forward P/E ratio of 3.24. With a beta of 0.873, the stock has a 52-week range between $42.07 and $66.33. It has a 50-day moving average of $62.02 and a 200-day moving average of $59.56. The company's financial health indicators include a current ratio of 1.54, a quick ratio of 1.15, and a debt-to-equity ratio of 176.33.

Recent Earnings

Brighthouse Financial reported revenue of about $6.09 billion, though it experienced a revenue decline of 36.2%. The company posted a negative net margin of -1.07% and a return on equity of -1.10%. It is not currently profitable, so it does not have a meaningful P/E ratio. The next earnings report is expected on August 6, 2026.

Insider Buying and Selling at Brighthouse Financial, Inc.

Insider activity at Brighthouse Financial on June 2, 2026, included several transactions. Paul Wetzel sold 2,837 shares, while Carol Juel, Eileen Mallesch, Lizabeth Zlatkus, and Diane Offereins each purchased 2,837 shares. Eileen Mallesch also bought an additional 2,651 shares. These transactions were not part of a pre-planned trading program.

Analysts Set New Price Targets

On March 26, 2026, Keefe, Bruyette & Woods reinstated coverage on Brighthouse Financial with a 'hold' rating and a $67 price target. Earlier in the year, Barclays downgraded the stock to 'hold' with a $65 target on January 8, 2026. The consensus among analysts is a 'hold' rating, with a mean target price of $65, based on six analyst opinions.

About Brighthouse Financial

Brighthouse Financial, Inc. is a provider of annuity and life insurance products in the United States. The company operates through three segments: Annuities, Life, and Run-off. Its offerings include variable, fixed, index-linked, and income annuities, as well as term, universal, whole, and variable life insurance products. Founded in 1863, Brighthouse Financial is headquartered in Charlotte, North Carolina, and led by CEO Eric Thomas Steigerwalt.

Bottom Line

Brevan Howard Capital Management's significant increase in its Brighthouse Financial stake reflects a strong belief in the company's potential. Investors and analysts keep a close watch on these filings to gauge institutional sentiment. Remember, 13F filings are backward-looking and may not represent the current position of the fund.