We are live on ! Find out more
CHNGU

Change Healthcare Inc. Tangible Equity Units
CHNGU

Delisted

CHNGU was delisted on the 29th of June, 2022.

Back to rankings

28 hedge funds and large institutions have $244M invested in Change Healthcare Inc. Tangible Equity Units in 2020 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 9 increasing their positions, 11 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

16% more capital invested

Capital invested by funds: $211M → $244M (+$33M)

10% less funds holding

Funds holding: 31 → 28 (-3)

18% less repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 11

75% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 4

Holders
28
Holders Change
-3
Holders Change %
-9.68%
% of All Funds
0.56%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
1
Increased
9
Reduced
11
Closed
4
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
D.E. Shaw & Co
D.E. Shaw & Co
New York
+$7.2M
2
Ameriprise
Ameriprise
Minnesota
+$6.72M
3
WAM
Wolverine Asset Management
Illinois
+$2.98M
4
BlackRock
BlackRock
New York
+$1.74M
5
MA
MUFG Americas
New York
+$1.35M

Top Sellers

Rank Fund Capital Flow
1
Parallax Volatility Advisers
Parallax Volatility Advisers
California
-$6M
2
HCM
Highbridge Capital Management
New York
-$3.3M
3
Fidelity Investments
Fidelity Investments
Massachusetts
-$3.2M
4
ICM
III Capital Management
Florida
-$2.16M
5
SIM
SSI Investment Management
California
-$2.14M
Name Holding Trade Value Shares
Change 		Change in
Stake
Franklin Resources
1
Franklin Resources
California
$42.2M – – –
WAM
2
Wolverine Asset Management
Illinois
$28.5M +$2.98M +62,101 +13%
Ameriprise
3
Ameriprise
Minnesota
$26.9M +$6.72M +140,000 +38%
AA
4
AQR Arbitrage
Connecticut
$24.3M – – –
ACM
5
Advent Capital Management
New York
$20.5M -$488K -10,162 -3%
BlackRock
6
BlackRock
New York
$18.7M +$1.74M +36,176 +12%
PC
7
Polar Capital
United Kingdom
$17.9M – – –
Wells Fargo
8
Wells Fargo
California
$10.6M +$1.2M +25,000 +14%
D.E. Shaw & Co
9
D.E. Shaw & Co
New York
$10.6M +$7.2M +150,000 +300%
ES
10
Equitec Specialists
Illinois
$9.83M -$373K -7,764 -4%
Parallax Volatility Advisers
11
Parallax Volatility Advisers
California
$4.5M -$6M -125,000 -60%
Fidelity Investments
12
Fidelity Investments
Massachusetts
$4.09M -$3.2M -66,700 -47%
PI
13
Putnam Investments
Massachusetts
$3.86M – – –
SG Americas Securities
14
SG Americas Securities
New York
$3.74M -$240K -5,000 -7%
Bank of America
15
Bank of America
North Carolina
$2.6M -$768K -16,016 -25%
MA
16
MUFG Americas
New York
$2.42M +$1.35M +28,102 +156%
CAC
17
Cowen and Company
New York
$2.34M +$48K +1,000 +2%
Wellington Management Group
18
Wellington Management Group
Massachusetts
$2.33M -$429K -8,950 -17%
PCM
19
Palisade Capital Management
New Jersey
$2.17M -$112K -2,328 -5%
Manulife (Manufacturers Life Insurance)
20
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$2.15M – – –
Mirae Asset Global Investments
21
Mirae Asset Global Investments
South Korea
$1.32M +$144K +3,005 +14%
Goldman Sachs
22
Goldman Sachs
New York
$748K – – –
BCM
23
BlueCrest Capital Management
Jersey
$654K +$588K +12,248 New
CHAM
24
Clear Harbor Asset Management
Connecticut
$454K +$720 +15 +0.2%
SIM
25
SSI Investment Management
California
$417K -$2.14M -44,685 -85%
1
2

CHNGU Hedge Fund Activity: Q3 2020 in Review

28 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Change Healthcare Inc. Tangible Equity Units (CHNGU) for Q3 2020, worth a combined $244M — up 16% from $211M a quarter earlier.

Sellers outnumbered buyers: 4 funds closed out of CHNGU and 1 opened new positions — a net loss of 3 holders — while 11 trimmed existing stakes and 9 added.

The largest buyer was D.E. Shaw & Co, adding an estimated $7.2M. The largest seller was Parallax Volatility Advisers, cutting an estimated $6M.

  • 28 institutional investors held Change Healthcare Inc. Tangible Equity Units (CHNGU) as of Q3 2020, down from 31 in Q2 2020.
  • Funds reported $244M of Change Healthcare Inc. Tangible Equity Units stock for Q3 2020, up 16% quarter-over-quarter.
  • 1 fund opened new Change Healthcare Inc. Tangible Equity Units positions in Q3 2020 and 4 closed out, a net change of -3 holders.
  • The largest Change Healthcare Inc. Tangible Equity Units buyer in Q3 2020 was D.E. Shaw & Co, an estimated $7.2M added.
  • The largest Change Healthcare Inc. Tangible Equity Units seller in Q3 2020 was Parallax Volatility Advisers, an estimated $6M sold.

Based on aggregated 13F filings for Q3 2020.