Change Healthcare Inc. Tangible Equity Units
CHNGU
CHNGU was delisted on the 29th of June, 2022.
22 hedge funds and large institutions have $229M invested in Change Healthcare Inc. Tangible Equity Units in 2022 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 4 reducing their positions, and 3 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 4
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
11% more capital invested
Capital invested by funds: $205M → $229M (+$23.4M)
10% more funds holding
Funds holding: 20 → 22 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$10.4M |
| 2 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
+$9.88M |
| 3 |
AAI
Aequim Alternative Investments
Mill Valley,
California
|
+$6.76M |
| 4 |
SM
Skaana Management
Brooklyn,
New York
|
+$5.21M |
| 5 |
CL
CSS LLC
Chicago,
Illinois
|
+$4.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$13.3M |
| 2 |
ACM
Advent Capital Management
New York
|
-$2.03M |
| 3 |
SG Americas Securities
New York
|
-$2.03M |
| 4 |
BlackRock
New York
|
-$1.25M |
| 5 |
PCM
Palisade Capital Management
Fort Lee,
New Jersey
|
-$1.12M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Ameriprise
Minneapolis,
Minnesota
| – | -$13.3M | -190,000 | Closed |
|
|
PCM
27
Palisade Capital Management
Fort Lee,
New Jersey
| – | -$1.12M | -16,045 | Closed |
|
CHNGU Hedge Fund Activity: Q1 2022 in Review
22 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Change Healthcare Inc. Tangible Equity Units (CHNGU) for Q1 2022, worth a combined $229M — up 11% from $205M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new CHNGU positions and 3 closed out — a net gain of 2 holders — while 8 added to existing stakes and 4 trimmed.
The largest buyer was Wolverine Asset Management, adding an estimated $10.4M. The largest seller was Ameriprise, exiting entirely with an estimated $13.3M sold.
- 22 institutional investors held Change Healthcare Inc. Tangible Equity Units (CHNGU) as of Q1 2022, up from 20 in Q4 2021.
- Funds reported $229M of Change Healthcare Inc. Tangible Equity Units stock for Q1 2022, up 11% quarter-over-quarter.
- 5 funds opened new Change Healthcare Inc. Tangible Equity Units positions in Q1 2022 and 3 closed out, a net change of +2 holders.
- The largest Change Healthcare Inc. Tangible Equity Units buyer in Q1 2022 was Wolverine Asset Management, an estimated $10.4M added.
- The largest Change Healthcare Inc. Tangible Equity Units seller in Q1 2022 was Ameriprise, an estimated $13.3M sold.
Based on aggregated 13F filings for Q1 2022.