Cano Health, Inc.
CANO
CANO was delisted on the 2nd of February, 2024.
163 hedge funds and large institutions have $122M invested in Cano Health, Inc. in 2023 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 47 increasing their positions, 58 reducing their positions, and 38 closing their positions.
1,034% more call options, than puts
Call options by funds: $6.07M | Put options by funds: $535K
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
12% less funds holding
Funds holding: 186 → 163 (-23)
19% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 58
23% less capital invested
Capital invested by funds: $157M → $122M (-$35.5M)
58% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCP
Diameter Capital Partners
New York
|
+$29.4M |
| 2 |
NW
NewEdge Wealth
Pittsburgh,
Pennsylvania
|
+$7.39M |
| 3 |
EHI
Eagle Health Investments
Greenwich,
Connecticut
|
+$5.53M |
| 4 |
OCAM
Owl Creek Asset Management
New York
|
+$5.03M |
| 5 |
Millennium Management
New York
|
+$2.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$5.72M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$4.69M |
| 3 |
AC
Armistice Capital
New York
|
-$3.66M |
| 4 |
Two Sigma Investments
New York
|
-$1.73M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$1.71M |
CANO Hedge Fund Activity: Q1 2023 in Review
163 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Cano Health, Inc. (CANO) for Q1 2023, worth a combined $122M — down 23% from $157M a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of CANO and 16 opened new positions — a net loss of 22 holders — while 58 trimmed existing stakes and 47 added.
The largest buyer was Diameter Capital Partners, opening a new position worth an estimated $29.4M. The largest seller was Morgan Stanley, cutting an estimated $5.72M.
- 163 institutional investors held Cano Health, Inc. (CANO) as of Q1 2023, down from 186 in Q4 2022.
- Funds reported $122M of Cano Health, Inc. stock for Q1 2023, down 23% quarter-over-quarter.
- 16 funds opened new Cano Health, Inc. positions in Q1 2023 and 38 closed out, a net change of -22 holders.
- The largest Cano Health, Inc. buyer in Q1 2023 was Diameter Capital Partners, an estimated $29.4M added.
- The largest Cano Health, Inc. seller in Q1 2023 was Morgan Stanley, an estimated $5.72M sold.
Based on aggregated 13F filings for Q1 2023.