Change Healthcare Inc. Tangible Equity Units
CHNGU
CHNGU was delisted on the 29th of June, 2022.
30 hedge funds and large institutions have $299M invested in Change Healthcare Inc. Tangible Equity Units in 2020 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 9 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
22% more capital invested
Capital invested by funds: $244M → $299M (+$54.2M)
7% more funds holding
Funds holding: 28 → 30 (+2)
11% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$6.53M |
| 2 |
D.E. Shaw & Co
New York
|
+$5.9M |
| 3 |
ACM
Advent Capital Management
New York
|
+$5.12M |
| 4 |
SIM
SSI Investment Management
Los Angeles,
California
|
+$4.51M |
| 5 |
ICM
III Capital Management
Boca Raton,
Florida
|
+$2.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$8.85M |
| 2 |
ES
Equitec Specialists
Chicago,
Illinois
|
-$6.73M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$6.49M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$3.78M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$2.76M |
CHNGU Hedge Fund Activity: Q4 2020 in Review
30 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Change Healthcare Inc. Tangible Equity Units (CHNGU) for Q4 2020, worth a combined $299M — up 22% from $244M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new CHNGU positions and 1 closed out — a net gain of 3 holders — while 8 added to existing stakes and 9 trimmed.
The largest buyer was Lord, Abbett & Co, opening a new position worth an estimated $6.53M. The largest seller was Ameriprise, cutting an estimated $8.85M.
- 30 institutional investors held Change Healthcare Inc. Tangible Equity Units (CHNGU) as of Q4 2020, up from 28 in Q3 2020.
- Funds reported $299M of Change Healthcare Inc. Tangible Equity Units stock for Q4 2020, up 22% quarter-over-quarter.
- 4 funds opened new Change Healthcare Inc. Tangible Equity Units positions in Q4 2020 and 1 closed out, a net change of +3 holders.
- The largest Change Healthcare Inc. Tangible Equity Units buyer in Q4 2020 was Lord, Abbett & Co, an estimated $6.53M added.
- The largest Change Healthcare Inc. Tangible Equity Units seller in Q4 2020 was Ameriprise, an estimated $8.85M sold.
Based on aggregated 13F filings for Q4 2020.