Cano Health, Inc.
CANO
CANO was delisted on the 2nd of February, 2024.
71 hedge funds and large institutions have $825M invested in Cano Health, Inc. in 2021 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 27 increasing their positions, 19 reducing their positions, and 29 closing their positions.
2,645% more call options, than puts
Call options by funds: $19.9M | Put options by funds: $724K
42% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 19
5% more capital invested
Capital invested by funds: $784M → $825M (+$41.1M)
12% less funds holding
Funds holding: 81 → 71 (-10)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
34% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCAM
Owl Creek Asset Management
New York
|
+$50.4M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$30M |
| 3 |
MCM
Mason Capital Management
New York
|
+$27.9M |
| 4 |
PC
PointState Capital
New York
|
+$23.3M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TP
Third Point
New York
|
-$51.9M |
| 2 |
HI
HBK Investments
Dallas,
Texas
|
-$21.5M |
| 3 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$14.8M |
| 4 |
GL
Governors Lane
New York
|
-$11.9M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
-$9.42M |
CANO Hedge Fund Activity: Q1 2021 in Review
71 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Cano Health, Inc. (CANO) for Q1 2021, worth a combined $825M — up 5.2% from $784M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of CANO and 19 opened new positions — a net loss of 10 holders — while 19 trimmed existing stakes and 27 added.
The largest buyer was Owl Creek Asset Management, adding an estimated $50.4M. The largest seller was Third Point, cutting an estimated $51.9M.
- 71 institutional investors held Cano Health, Inc. (CANO) as of Q1 2021, down from 81 in Q4 2020.
- Funds reported $825M of Cano Health, Inc. stock for Q1 2021, up 5.2% quarter-over-quarter.
- 19 funds opened new Cano Health, Inc. positions in Q1 2021 and 29 closed out, a net change of -10 holders.
- The largest Cano Health, Inc. buyer in Q1 2021 was Owl Creek Asset Management, an estimated $50.4M added.
- The largest Cano Health, Inc. seller in Q1 2021 was Third Point, an estimated $51.9M sold.
Based on aggregated 13F filings for Q1 2021.