Clover Health Investments
CLOV
93 hedge funds and large institutions have $633M invested in Clover Health Investments in 2020 Q3 according to their latest regulatory filings, with 60 funds opening new positions, 11 increasing their positions, 15 reducing their positions, and 5 closing their positions.
1,100% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 5
145% more funds holding
Funds holding: 38 → 93 (+55)
42% more capital invested
Capital invested by funds: $447M → $633M (+$186M)
13.07% more ownership
Funds ownership: 48.24% → 61.31% (+13%)
27% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 15
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Beryl Capital Management
Redondo Beach,
California
|
+$29.4M |
| 2 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$26M |
| 3 |
SSA
Schonfeld Strategic Advisors
New York
|
+$18.7M |
| 4 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
+$14.7M |
| 5 |
SCM
Suvretta Capital Management
New York
|
+$12.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$33.2M |
| 2 |
LCM
LH Capital Markets
New York
|
-$31M |
| 3 |
RIA
RP Investment Advisors
Toronto,
Ontario, Canada
|
-$16M |
| 4 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$13.3M |
| 5 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$7.74M |
CLOV Hedge Fund Activity: Q3 2020 in Review
93 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Clover Health Investments (CLOV) for Q3 2020, worth a combined $633M — up 42% from $447M a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new CLOV positions and 5 closed out — a net gain of 55 holders — while 11 added to existing stakes and 15 trimmed.
The largest buyer was Beryl Capital Management, opening a new position worth an estimated $29.4M. The largest seller was Park West Asset Management, cutting an estimated $33.2M.
- 93 institutional investors held Clover Health Investments (CLOV) as of Q3 2020, up from 38 in Q2 2020.
- Funds reported $633M of Clover Health Investments stock for Q3 2020, up 42% quarter-over-quarter.
- 60 funds opened new Clover Health Investments positions in Q3 2020 and 5 closed out, a net change of +55 holders.
- The largest Clover Health Investments buyer in Q3 2020 was Beryl Capital Management, an estimated $29.4M added.
- The largest Clover Health Investments seller in Q3 2020 was Park West Asset Management, an estimated $33.2M sold.
Based on aggregated 13F filings for Q3 2020.