Cross Country Healthcare
CCRN
144 hedge funds and large institutions have $440M invested in Cross Country Healthcare in 2017 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 48 increasing their positions, 53 reducing their positions, and 24 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
2.36% more ownership
Funds ownership: 92.05% → 94.41% (+2.4%)
9% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 53
4% less funds holding
Funds holding: 150 → 144 (-6)
8% less capital invested
Capital invested by funds: $478M → $440M (-$38.1M)
15% less call options, than puts
Call options by funds: $1.27M | Put options by funds: $1.49M
21% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BSP
Benefit Street Partners
New York
|
+$20.4M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$7.07M |
| 3 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
+$5.23M |
| 4 |
BlackRock
New York
|
+$2.7M |
| 5 |
ACB
Aristotle Capital Boston
Boston,
Massachusetts
|
+$2.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$9.67M |
| 2 |
JP Morgan Chase
New York
|
-$6.29M |
| 3 |
SAM
Skyline Asset Management
Chicago,
Illinois
|
-$3.21M |
| 4 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
-$1.85M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.84M |
CCRN Hedge Fund Activity: Q4 2017 in Review
144 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Cross Country Healthcare (CCRN) for Q4 2017, worth a combined $440M — down 8% from $478M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of CCRN and 19 opened new positions — a net loss of 5 holders — while 53 trimmed existing stakes and 48 added.
The largest buyer was Benefit Street Partners, opening a new position worth an estimated $20.4M. The largest seller was Royal Bank of Canada, cutting an estimated $9.67M.
- 144 institutional investors held Cross Country Healthcare (CCRN) as of Q4 2017, down from 150 in Q3 2017.
- Funds reported $440M of Cross Country Healthcare stock for Q4 2017, down 8% quarter-over-quarter.
- 19 funds opened new Cross Country Healthcare positions in Q4 2017 and 24 closed out, a net change of -5 holders.
- The largest Cross Country Healthcare buyer in Q4 2017 was Benefit Street Partners, an estimated $20.4M added.
- The largest Cross Country Healthcare seller in Q4 2017 was Royal Bank of Canada, an estimated $9.67M sold.
Based on aggregated 13F filings for Q4 2017.