Change Healthcare Inc. Common Stock
CHNG
CHNG was delisted on the 30th of September, 2022.
287 hedge funds and large institutions have $6.65B invested in Change Healthcare Inc. Common Stock in 2021 Q1 according to their latest regulatory filings, with 103 funds opening new positions, 65 increasing their positions, 88 reducing their positions, and 69 closing their positions.
49% more first-time investments, than exits
New positions opened: 103 | Existing positions closed: 69
14% more capital invested
Capital invested by funds: $5.83B → $6.65B (+$828M)
13% more funds holding
Funds holding: 254 → 287 (+33)
25% less funds holding in top 10
Funds holding in top 10: 16 → 12 (-4)
26% less repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 88
76% less call options, than puts
Call options by funds: $7.94M | Put options by funds: $32.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Abrams Capital Management
Boston,
Massachusetts
|
+$287M |
| 2 |
JP Morgan Chase
New York
|
+$231M |
| 3 |
PCM
Pentwater Capital Management
Naples,
Florida
|
+$216M |
| 4 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$188M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
+$86.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
-$228M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$213M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$165M |
| 4 |
MWNA
Marshall Wace North America
New York
|
-$157M |
| 5 |
EC
Eminence Capital
New York
|
-$156M |
CHNG Hedge Fund Activity: Q1 2021 in Review
287 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in Change Healthcare Inc. Common Stock (CHNG) for Q1 2021, worth a combined $6.65B — up 14% from $5.83B a quarter earlier.
Buyers outnumbered sellers: 103 funds opened new CHNG positions and 69 closed out — a net gain of 34 holders — while 65 added to existing stakes and 88 trimmed.
The largest buyer was Abrams Capital Management, opening a new position worth an estimated $287M. The largest seller was Boston Partners, cutting an estimated $228M.
- 287 institutional investors held Change Healthcare Inc. Common Stock (CHNG) as of Q1 2021, up from 254 in Q4 2020.
- Funds reported $6.65B of Change Healthcare Inc. Common Stock stock for Q1 2021, up 14% quarter-over-quarter.
- 103 funds opened new Change Healthcare Inc. Common Stock positions in Q1 2021 and 69 closed out, a net change of +34 holders.
- The largest Change Healthcare Inc. Common Stock buyer in Q1 2021 was Abrams Capital Management, an estimated $287M added.
- The largest Change Healthcare Inc. Common Stock seller in Q1 2021 was Boston Partners, an estimated $228M sold.
Based on aggregated 13F filings for Q1 2021.