Cano Health, Inc.
CANO
CANO was delisted on the 2nd of February, 2024.
134 hedge funds and large institutions have $24M invested in Cano Health, Inc. in 2023 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 39 increasing their positions, 38 reducing their positions, and 39 closing their positions.
25,512% more call options, than puts
Call options by funds: $56.1M | Put options by funds: $219K
3% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 38
13% less funds holding
Funds holding: 154 → 134 (-20)
46% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 39
88% less capital invested
Capital invested by funds: $199M → $24M (-$175M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$9.11M |
| 2 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$1.2M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$418K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$303K |
| 5 |
Jane Street
New York
|
+$249K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCP
Diameter Capital Partners
New York
|
-$27.2M |
| 2 |
JP Morgan Chase
New York
|
-$12.8M |
| 3 |
EHI
Eagle Health Investments
Greenwich,
Connecticut
|
-$5.96M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$4.33M |
| 5 |
TCA
Transcend Capital Advisors
Madison,
New Jersey
|
-$2.29M |
CANO Hedge Fund Activity: Q3 2023 in Review
134 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Cano Health, Inc. (CANO) for Q3 2023, worth a combined $24M — down 88% from $199M a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of CANO and 21 opened new positions — a net loss of 18 holders — while 38 trimmed existing stakes and 39 added.
The largest buyer was D.E. Shaw & Co, opening a new position worth an estimated $9.11M. The largest seller was Diameter Capital Partners, exiting entirely with an estimated $27.2M sold.
- 134 institutional investors held Cano Health, Inc. (CANO) as of Q3 2023, down from 154 in Q2 2023.
- Funds reported $24M of Cano Health, Inc. stock for Q3 2023, down 88% quarter-over-quarter.
- 21 funds opened new Cano Health, Inc. positions in Q3 2023 and 39 closed out, a net change of -18 holders.
- The largest Cano Health, Inc. buyer in Q3 2023 was D.E. Shaw & Co, an estimated $9.11M added.
- The largest Cano Health, Inc. seller in Q3 2023 was Diameter Capital Partners, an estimated $27.2M sold.
Based on aggregated 13F filings for Q3 2023.