Clover Health Investments
CLOV
145 hedge funds and large institutions have $86.8M invested in Clover Health Investments in 2023 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 28 increasing their positions, 40 reducing their positions, and 38 closing their positions.
135% more call options, than puts
Call options by funds: $2.83M | Put options by funds: $1.21M
6.72% less ownership
Funds ownership: 31.27% → 24.55% (-6.7%)
8% less funds holding
Funds holding: 157 → 145 (-12)
16% less capital invested
Capital invested by funds: $104M → $86.8M (-$16.9M)
26% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 38
30% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 40
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$4.11M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$3.08M |
| 3 |
Renaissance Technologies
New York
|
+$1.77M |
| 4 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$1.73M |
| 5 |
GC
GMT Capital
Atlanta,
Georgia
|
+$1.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$16.7M |
| 2 |
State Street
Boston,
Massachusetts
|
-$6.04M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
-$2.89M |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$2.29M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
-$2.02M |
CLOV Hedge Fund Activity: Q2 2023 in Review
145 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Clover Health Investments (CLOV) for Q2 2023, worth a combined $86.8M — down 16% from $104M a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of CLOV and 28 opened new positions — a net loss of 10 holders — while 40 trimmed existing stakes and 28 added.
The largest buyer was Millennium Management, adding an estimated $4.11M. The largest seller was BlackRock, cutting an estimated $16.7M.
- 145 institutional investors held Clover Health Investments (CLOV) as of Q2 2023, down from 157 in Q1 2023.
- Funds reported $86.8M of Clover Health Investments stock for Q2 2023, down 16% quarter-over-quarter.
- 28 funds opened new Clover Health Investments positions in Q2 2023 and 38 closed out, a net change of -10 holders.
- The largest Clover Health Investments buyer in Q2 2023 was Millennium Management, an estimated $4.11M added.
- The largest Clover Health Investments seller in Q2 2023 was BlackRock, an estimated $16.7M sold.
Based on aggregated 13F filings for Q2 2023.