Cross Country Healthcare
CCRN
150 hedge funds and large institutions have $478M invested in Cross Country Healthcare in 2017 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 70 increasing their positions, 39 reducing their positions, and 12 closing their positions.
79% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 39
75% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 12
6% more capital invested
Capital invested by funds: $450M → $478M (+$28M)
6% more funds holding
Funds holding: 142 → 150 (+8)
0% less call options, than puts
Call options by funds: $2.25M | Put options by funds: $2.26M
3.62% less ownership
Funds ownership: 95.67% → 92.05% (-3.6%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$4.54M |
| 2 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
+$3.71M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$3.69M |
| 4 |
EC
Engaged Capital
Newport Beach,
California
|
+$3.66M |
| 5 |
Morgan Stanley
New York
|
+$2.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BSP
Benefit Street Partners
New York
|
-$19.9M |
| 2 |
SCM
Simcoe Capital Management
New York
|
-$15.8M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$8.97M |
| 4 |
Millennium Management
New York
|
-$2.25M |
| 5 |
ClearBridge Investments
New York
|
-$1.87M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SCM
151
Simcoe Capital Management
New York
| – | -$15.8M | -1,227,590 | Closed |
|
|
ECM
152
ETrade Capital Management
Arlington,
Virginia
| – | -$988K | -76,508 | Closed |
|
|
MWNA
153
Marshall Wace North America
New York
| – | -$603K | -46,393 | Closed |
|
|
EMR
154
Errol M. Rudman
| – | -$443K | -34,282 | Closed |
|
|
PCM
155
PAR Capital Management
Boston,
Massachusetts
| – | -$310K | -24,000 | Closed |
|
|
GCP
156
GSA Capital Partners
London,
United Kingdom
| – | -$220K | -17,076 | Closed |
|
|
CG
157
Cutler Group
San Francisco,
California
| – | -$37.6K | -2,998 | Closed |
|
|
AIM
158
Acrospire Investment Management
Chicago,
Illinois
| – | -$32K | -2,500 | Closed |
|
|
MAM
159
Meeder Asset Management
Dublin,
Ohio
| – | -$3K | -237 | Closed |
|
|
MFW
160
Mosaic Family Wealth
St. Louis,
Missouri
| – | -$3K | -224 | Closed |
|
161
Creative Planning
Overland Park,
Kansas
| – | -$1K | -42 | Closed |
|
|
PFBT
162
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | +$276 | +22 | New |
|
CCRN Hedge Fund Activity: Q3 2017 in Review
150 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Cross Country Healthcare (CCRN) for Q3 2017, worth a combined $478M — up 6.2% from $450M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new CCRN positions and 12 closed out — a net gain of 9 holders — while 70 added to existing stakes and 39 trimmed.
The largest buyer was BlackRock, adding an estimated $4.54M. The largest seller was Benefit Street Partners, exiting entirely with an estimated $19.9M sold.
- 150 institutional investors held Cross Country Healthcare (CCRN) as of Q3 2017, up from 142 in Q2 2017.
- Funds reported $478M of Cross Country Healthcare stock for Q3 2017, up 6.2% quarter-over-quarter.
- 21 funds opened new Cross Country Healthcare positions in Q3 2017 and 12 closed out, a net change of +9 holders.
- The largest Cross Country Healthcare buyer in Q3 2017 was BlackRock, an estimated $4.54M added.
- The largest Cross Country Healthcare seller in Q3 2017 was Benefit Street Partners, an estimated $19.9M sold.
Based on aggregated 13F filings for Q3 2017.