Change Healthcare Inc. Tangible Equity Units
CHNGU
CHNGU was delisted on the 29th of June, 2022.
33 hedge funds and large institutions have $343M invested in Change Healthcare Inc. Tangible Equity Units in 2019 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 10 reducing their positions, and 6 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 10
39% more capital invested
Capital invested by funds: $247M → $343M (+$96.3M)
0% more funds holding
Funds holding: 33 → 33 (0)
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Parallax Volatility Advisers
San Francisco,
California
|
+$14.3M |
| 2 |
Janus Henderson Group
London,
|
+$10.3M |
| 3 |
Morgan Stanley
New York
|
+$6.31M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$5.96M |
| 5 |
D.E. Shaw & Co
New York
|
+$4.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ES
Equitec Specialists
Chicago,
Illinois
|
-$10M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$7.16M |
| 3 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$4.84M |
| 4 |
LCM
Laurion Capital Management
New York
|
-$4.77M |
| 5 |
Citigroup
New York
|
-$3.94M |
CHNGU Hedge Fund Activity: Q4 2019 in Review
33 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Change Healthcare Inc. Tangible Equity Units (CHNGU) for Q4 2019, worth a combined $343M — up 39% from $247M a quarter earlier.
Fund positioning in CHNGU was balanced in Q4 2019: 6 funds opened new positions, 6 closed out, 14 added to existing stakes and 10 trimmed.
The largest buyer was Parallax Volatility Advisers, adding an estimated $14.3M. The largest seller was Equitec Specialists, cutting an estimated $10M.
- 33 institutional investors held Change Healthcare Inc. Tangible Equity Units (CHNGU) as of Q4 2019, unchanged from Q3 2019.
- Funds reported $343M of Change Healthcare Inc. Tangible Equity Units stock for Q4 2019, up 39% quarter-over-quarter.
- 6 funds opened new Change Healthcare Inc. Tangible Equity Units positions in Q4 2019 and 6 closed out, a net change of 0 holders.
- The largest Change Healthcare Inc. Tangible Equity Units buyer in Q4 2019 was Parallax Volatility Advisers, an estimated $14.3M added.
- The largest Change Healthcare Inc. Tangible Equity Units seller in Q4 2019 was Equitec Specialists, an estimated $10M sold.
Based on aggregated 13F filings for Q4 2019.