Change Healthcare Inc. Tangible Equity Units
CHNGU
CHNGU was delisted on the 29th of June, 2022.
10 hedge funds and large institutions have $29.1M invested in Change Healthcare Inc. Tangible Equity Units in 2022 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 16 closing their positions.
55% less funds holding
Funds holding: 22 → 10 (-12)
75% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 16
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
87% less capital invested
Capital invested by funds: $229M → $29.1M (-$200M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
+$6.36M |
| 2 |
Jane Street
New York
|
+$5.86M |
| 3 |
BCM
Bluefin Capital Management
New York
|
+$5.29M |
| 4 |
PSC
Piper Sandler & Co
Minneapolis,
Minnesota
|
+$1.7M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$206K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$55.8M |
| 2 |
SM
Skaana Management
Brooklyn,
New York
|
-$32.1M |
| 3 |
SG Americas Securities
New York
|
-$27.6M |
| 4 |
BlackRock
New York
|
-$22.9M |
| 5 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$16.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EC
26
Elequin Capital
New York
| – | -$8K | -111 | Closed |
|
27
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$1K | -19 | Closed |
|
CHNGU Hedge Fund Activity: Q2 2022 in Review
10 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Change Healthcare Inc. Tangible Equity Units (CHNGU) for Q2 2022, worth a combined $29.1M — down 87% from $229M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of CHNGU and 4 opened new positions — a net loss of 12 holders — while 4 trimmed existing stakes and 1 added.
The largest buyer was Barclays, opening a new position worth an estimated $6.36M. The largest seller was Franklin Resources, exiting entirely with an estimated $55.8M sold.
- 10 institutional investors held Change Healthcare Inc. Tangible Equity Units (CHNGU) as of Q2 2022, down from 22 in Q1 2022.
- Funds reported $29.1M of Change Healthcare Inc. Tangible Equity Units stock for Q2 2022, down 87% quarter-over-quarter.
- 4 funds opened new Change Healthcare Inc. Tangible Equity Units positions in Q2 2022 and 16 closed out, a net change of -12 holders.
- The largest Change Healthcare Inc. Tangible Equity Units buyer in Q2 2022 was Barclays, an estimated $6.36M added.
- The largest Change Healthcare Inc. Tangible Equity Units seller in Q2 2022 was Franklin Resources, an estimated $55.8M sold.
Based on aggregated 13F filings for Q2 2022.