Cross Country Healthcare
CCRN
189 hedge funds and large institutions have $921M invested in Cross Country Healthcare in 2023 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 71 increasing their positions, 69 reducing their positions, and 29 closing their positions.
509% more call options, than puts
Call options by funds: $4.19M | Put options by funds: $689K
3% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 69
0.55% more ownership
Funds ownership: 103.18% → 103.73% (+0.55%)
3% less funds holding
Funds holding: 194 → 189 (-5)
12% less capital invested
Capital invested by funds: $1.04B → $921M (-$120M)
17% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 29
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$31.7M |
| 2 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$23.4M |
| 3 |
WP
Woodline Partners
San Francisco,
California
|
+$8.85M |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$6.36M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$6.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Simcoe Capital Management
New York
|
-$48M |
| 2 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$13.9M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$13.4M |
| 4 |
Millennium Management
New York
|
-$8.07M |
| 5 |
Swedbank
Stockholm,
Sweden
|
-$7.98M |
CCRN Hedge Fund Activity: Q3 2023 in Review
189 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Cross Country Healthcare (CCRN) for Q3 2023, worth a combined $921M — down 12% from $1.04B a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of CCRN and 24 opened new positions — a net loss of 5 holders — while 69 trimmed existing stakes and 71 added.
The largest buyer was Wasatch Advisors, opening a new position worth an estimated $31.7M. The largest seller was Simcoe Capital Management, exiting entirely with an estimated $48M sold.
- 189 institutional investors held Cross Country Healthcare (CCRN) as of Q3 2023, down from 194 in Q2 2023.
- Funds reported $921M of Cross Country Healthcare stock for Q3 2023, down 12% quarter-over-quarter.
- 24 funds opened new Cross Country Healthcare positions in Q3 2023 and 29 closed out, a net change of -5 holders.
- The largest Cross Country Healthcare buyer in Q3 2023 was Wasatch Advisors, an estimated $31.7M added.
- The largest Cross Country Healthcare seller in Q3 2023 was Simcoe Capital Management, an estimated $48M sold.
Based on aggregated 13F filings for Q3 2023.