Change Healthcare Inc. Tangible Equity Units
CHNGU
CHNGU was delisted on the 29th of June, 2022.
21 hedge funds and large institutions have $154M invested in Change Healthcare Inc. Tangible Equity Units in 2021 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 5 increasing their positions, 9 reducing their positions, and 3 closing their positions.
13% less funds holding
Funds holding: 24 → 21 (-3)
14% less capital invested
Capital invested by funds: $178M → $154M (-$24.1M)
44% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 9
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
+$25.5M |
| 2 |
BlackRock
New York
|
+$8.23M |
| 3 |
JP Morgan Chase
New York
|
+$657K |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$95.7K |
| 5 |
CAC
Cowen and Company
New York
|
+$58.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
-$25.5M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$7.36M |
| 3 |
ACM
Advent Capital Management
New York
|
-$5.21M |
| 4 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$2.42M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.63M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
VanEck Associates
New York
| – | -$4K | -58 | Closed |
|
CHNGU Hedge Fund Activity: Q3 2021 in Review
21 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Change Healthcare Inc. Tangible Equity Units (CHNGU) for Q3 2021, worth a combined $154M — down 14% from $178M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of CHNGU and 0 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 5 added.
The largest buyer was SG Americas Securities, adding an estimated $25.5M. The largest seller was D.E. Shaw & Co, cutting an estimated $25.5M.
- 21 institutional investors held Change Healthcare Inc. Tangible Equity Units (CHNGU) as of Q3 2021, down from 24 in Q2 2021.
- Funds reported $154M of Change Healthcare Inc. Tangible Equity Units stock for Q3 2021, down 14% quarter-over-quarter.
- 0 funds opened new Change Healthcare Inc. Tangible Equity Units positions in Q3 2021 and 3 closed out, a net change of -3 holders.
- The largest Change Healthcare Inc. Tangible Equity Units buyer in Q3 2021 was SG Americas Securities, an estimated $25.5M added.
- The largest Change Healthcare Inc. Tangible Equity Units seller in Q3 2021 was D.E. Shaw & Co, an estimated $25.5M sold.
Based on aggregated 13F filings for Q3 2021.