Cross Country Healthcare
CCRN
121 hedge funds and large institutions have $243M invested in Cross Country Healthcare in 2014 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 43 increasing their positions, 48 reducing their positions, and 16 closing their positions.
127% more call options, than puts
Call options by funds: $1.2M | Put options by funds: $531K
25% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 16
3% more funds holding
Funds holding: 117 → 121 (+4)
10% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 48
15% less capital invested
Capital invested by funds: $284M → $243M (-$41.4M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$21.8M |
| 2 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$7.86M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$7.61M |
| 4 |
New York State Common Retirement Fund
Albany,
New York
|
+$4.67M |
| 5 |
SAM
Skyline Asset Management
Chicago,
Illinois
|
+$4.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Camber Capital Management
Boston,
Massachusetts
|
-$12.1M |
| 2 |
NTC
North Tide Capital
Boston,
Massachusetts
|
-$6.74M |
| 3 |
EI
EAM Investors
Solana Beach,
California
|
-$3.64M |
| 4 |
ClearBridge Investments
New York
|
-$3.45M |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$3.24M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EAM
126
Eagle Asset Management
St Petersburg,
Florida
| – | -$1.69M | -169,279 | Closed |
|
127
Millennium Management
New York
| – | -$592K | -59,289 | Closed |
|
|
SCA
128
Secor Capital Advisors
New York
| – | -$516K | -51,744 | Closed |
|
|
SKK
129
Shepherd Kaplan Krochuk
Boston,
Massachusetts
| – | -$382K | -38,229 | Closed |
|
|
FA
130
Friess Associates
Greenville,
Delaware
| – | -$274K | -27,500 | Closed |
|
|
PA
131
Profund Advisors
Bethesda,
Maryland
| – | -$170K | -16,991 | Closed |
|
|
AIC
132
Atlantic Investment Company
Atlanta,
Georgia
| – | -$142K | -14,255 | Closed |
|
|
PL
133
Perpetual Ltd
Sydney, New South Wales,
Australia
| – | -$112K | -11,265 | Closed |
|
|
PCM
134
Prelude Capital Management
New York
| – | -$86K | -8,594 | Closed |
|
|
FQ
135
First Quadrant
Glendale,
California
| – | -$72K | -7,200 | Closed |
|
|
LTFS
136
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$12K | -1,200 | Closed |
|
|
HF
137
Hoxton Financial
Shepherdstown,
West Virginia
| – | -$9K | -875 | Closed |
|
CCRN Hedge Fund Activity: Q1 2014 in Review
121 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Cross Country Healthcare (CCRN) for Q1 2014, worth a combined $243M — down 15% from $284M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new CCRN positions and 16 closed out — a net gain of 4 holders — while 43 added to existing stakes and 48 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $21.8M. The largest seller was Camber Capital Management, cutting an estimated $12.1M.
- 121 institutional investors held Cross Country Healthcare (CCRN) as of Q1 2014, up from 117 in Q4 2013.
- Funds reported $243M of Cross Country Healthcare stock for Q1 2014, down 15% quarter-over-quarter.
- 20 funds opened new Cross Country Healthcare positions in Q1 2014 and 16 closed out, a net change of +4 holders.
- The largest Cross Country Healthcare buyer in Q1 2014 was JP Morgan Chase, an estimated $21.8M added.
- The largest Cross Country Healthcare seller in Q1 2014 was Camber Capital Management, an estimated $12.1M sold.
Based on aggregated 13F filings for Q1 2014.