AdaptHealth
AHCO
53 hedge funds and large institutions have $166M invested in AdaptHealth in 2020 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 13 increasing their positions, 8 reducing their positions, and 7 closing their positions.
257% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 7
63% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 8
51% more funds holding
Funds holding: 35 → 53 (+18)
34.79% less ownership
Funds ownership: 57.08% → 22.29% (-35%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
57% less capital invested
Capital invested by funds: $390M → $166M (-$224M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$8.27M |
| 2 |
BlackRock
New York
|
+$6.07M |
| 3 |
SAM
Silvercrest Asset Management
New York
|
+$5.66M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.53M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$3.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DM
Deerfield Management
New York
|
-$264M |
| 2 |
PC
Pier Capital
Stamford,
Connecticut
|
-$2.8M |
| 3 |
ECM
Endurant Capital Management
San Mateo,
California
|
-$2.51M |
| 4 |
Millennium Management
New York
|
-$1.84M |
| 5 |
FA
Friess Associates
Greenville,
Delaware
|
-$1.24M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIP
51
Ameritas Investment Partners
Lincoln,
Nebraska
| $11K | +$11.6K | +693 | New |
|
|
TRCT
52
Tower Research Capital (TRC)
New York
| $6K | +$6.6K | +395 | New |
|
|
PC
53
Pier Capital
Stamford,
Connecticut
| – | -$2.8M | -174,964 | Closed |
|
|
MS
54
Maven Securities
St Helier,
Jersey
| – | -$1.22M | -112,711 | Closed |
|
55
Goldman Sachs
New York
| – | -$590K | -36,878 | Closed |
|
|
ECM
56
ExodusPoint Capital Management
New York
| – | -$446K | -27,851 | Closed |
|
57
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$87K | -5,446 | Closed |
|
|
DWA
58
Dorsey Wright & Associates
Pasadena,
California
| – | -$9K | -569 | Closed |
|
|
HS
59
Horan Securities
Cincinnati,
United States
| – | -$5K | -290 | Closed |
|
AHCO Hedge Fund Activity: Q2 2020 in Review
53 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in AdaptHealth (AHCO) for Q2 2020, worth a combined $166M — down 57% from $390M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new AHCO positions and 7 closed out — a net gain of 18 holders — while 13 added to existing stakes and 8 trimmed.
The largest buyer was Bank of New York Mellon, adding an estimated $8.27M. The largest seller was Deerfield Management, cutting an estimated $264M.
- 53 institutional investors held AdaptHealth (AHCO) as of Q2 2020, up from 35 in Q1 2020.
- Funds reported $166M of AdaptHealth stock for Q2 2020, down 57% quarter-over-quarter.
- 25 funds opened new AdaptHealth positions in Q2 2020 and 7 closed out, a net change of +18 holders.
- The largest AdaptHealth buyer in Q2 2020 was Bank of New York Mellon, an estimated $8.27M added.
- The largest AdaptHealth seller in Q2 2020 was Deerfield Management, an estimated $264M sold.
Based on aggregated 13F filings for Q2 2020.