Change Healthcare Inc. Tangible Equity Units
CHNGU
CHNGU was delisted on the 29th of June, 2022.
20 hedge funds and large institutions have $205M invested in Change Healthcare Inc. Tangible Equity Units in 2021 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 4 reducing their positions, and 4 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 4
33% more capital invested
Capital invested by funds: $154M → $205M (+$51M)
5% less funds holding
Funds holding: 21 → 20 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$13.2M |
| 2 |
D.E. Shaw & Co
New York
|
+$6.25M |
| 3 |
Morgan Stanley
New York
|
+$3.22M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.74M |
| 5 |
JP Morgan Chase
New York
|
+$1.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCH
Polar Capital Holdings
London,
United Kingdom
|
-$35.4M |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$3.9M |
| 3 |
Jane Street
New York
|
-$1.5M |
| 4 |
PCM
Palisade Capital Management
Fort Lee,
New Jersey
|
-$1.04M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$555K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$1K | -19 | Closed |
|
CHNGU Hedge Fund Activity: Q4 2021 in Review
20 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Change Healthcare Inc. Tangible Equity Units (CHNGU) for Q4 2021, worth a combined $205M — up 33% from $154M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of CHNGU and 3 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 8 added.
The largest buyer was Ameriprise, opening a new position worth an estimated $13.2M. The largest seller was Polar Capital Holdings, cutting an estimated $35.4M.
- 20 institutional investors held Change Healthcare Inc. Tangible Equity Units (CHNGU) as of Q4 2021, down from 21 in Q3 2021.
- Funds reported $205M of Change Healthcare Inc. Tangible Equity Units stock for Q4 2021, up 33% quarter-over-quarter.
- 3 funds opened new Change Healthcare Inc. Tangible Equity Units positions in Q4 2021 and 4 closed out, a net change of -1 holder.
- The largest Change Healthcare Inc. Tangible Equity Units buyer in Q4 2021 was Ameriprise, an estimated $13.2M added.
- The largest Change Healthcare Inc. Tangible Equity Units seller in Q4 2021 was Polar Capital Holdings, an estimated $35.4M sold.
Based on aggregated 13F filings for Q4 2021.