Cardiovascular Systems, Inc.
CSII
CSII was delisted on the 27th of April, 2023.
97 hedge funds and large institutions have $193M invested in Cardiovascular Systems, Inc. in 2016 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 31 increasing their positions, 28 reducing their positions, and 30 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 28
12% less funds holding
Funds holding: 110 → 97 (-13)
40% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 30
41% less capital invested
Capital invested by funds: $327M → $193M (-$134M)
53% less call options, than puts
Call options by funds: $240K | Put options by funds: $511K
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Broadfin Capital
New York
|
+$14.8M |
| 2 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$8.85M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$6.61M |
| 4 |
First Manhattan
New York
|
+$5.32M |
| 5 |
NRC
North Run Capital
Boston,
Massachusetts
|
+$5.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$23M |
| 2 |
RC
RGM Capital
Naples,
Florida
|
-$20M |
| 3 |
DM
Deerfield Management
New York
|
-$15.6M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$14.6M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$9.94M |
CSII Hedge Fund Activity: Q1 2016 in Review
97 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Cardiovascular Systems, Inc. (CSII) for Q1 2016, worth a combined $193M — down 41% from $327M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of CSII and 18 opened new positions — a net loss of 12 holders — while 28 trimmed existing stakes and 31 added.
The largest buyer was Broadfin Capital, opening a new position worth an estimated $14.8M. The largest seller was Waddell & Reed Financial, exiting entirely with an estimated $23M sold.
- 97 institutional investors held Cardiovascular Systems, Inc. (CSII) as of Q1 2016, down from 110 in Q4 2015.
- Funds reported $193M of Cardiovascular Systems, Inc. stock for Q1 2016, down 41% quarter-over-quarter.
- 18 funds opened new Cardiovascular Systems, Inc. positions in Q1 2016 and 30 closed out, a net change of -12 holders.
- The largest Cardiovascular Systems, Inc. buyer in Q1 2016 was Broadfin Capital, an estimated $14.8M added.
- The largest Cardiovascular Systems, Inc. seller in Q1 2016 was Waddell & Reed Financial, an estimated $23M sold.
Based on aggregated 13F filings for Q1 2016.