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CVS Health

1,600 hedge funds and large institutions have $68.8B invested in CVS Health in 2018 Q3 according to their latest regulatory filings, with 140 funds opening new positions, 647 increasing their positions, 652 reducing their positions, and 99 closing their positions.

New
Increased
Maintained
Reduced
Closed

65% more funds holding in top 10

Funds holding in top 10: 4879 (+31)

41% more first-time investments, than exits

New positions opened: 140 | Existing positions closed: 99

25% more capital invested

Capital invested by funds: $55B → $68.8B (+$13.8B)

22% more call options, than puts

Call options by funds: $1.29B | Put options by funds: $1.05B

1.78% more ownership

Funds ownership: 84.15%85.94% (+1.8%)

2% more funds holding

Funds holding: 1,5731,600 (+27)

1% less repeat investments, than reductions

Existing positions increased: 647 | Existing positions reduced: 652

Holders
1,600
Holders Change
+27
Holders Change %
+1.72%
% of All Funds
36.57%
Holding in Top 10
79
Holding in Top 10 Change
+31
Holding in Top 10 Change %
+64.58%
% of All Funds
1.81%
New
140
Increased
647
Reduced
652
Closed
99
Calls
$1.29B
Puts
$1.05B
Net Calls
+$233M
Net Calls Change
+$241M
Name Holding Trade Value Shares
Change
Change in
Stake
Baird Financial Group
251
Baird Financial Group
Wisconsin
$21M -$661K -9,245 -3%
SIA
252
Sit Investment Associates
Minnesota
$20.9M +$18.7M +261,275 +5,559%
SFM
253
Stack Financial Management
Montana
$20.8M -$499K -6,978 -3%
CIBC Asset Management
254
CIBC Asset Management
Ontario, Canada
$20.8M +$138K +1,937 +0.7%
WorldQuant Millennium Advisors
255
WorldQuant Millennium Advisors
New York
$20.5M +$760K +10,625 +4%
RCAMU
256
Rothschild & Co Asset Management US
Connecticut
$20.3M +$18.4M +257,564 New
FT
257
Fiduciary Trust
Massachusetts
$20.2M -$836K -11,699 -4%
AGA
258
Altrinsic Global Advisors
Connecticut
$20.1M +$13.7M +191,926 +305%
VIMU
259
Veritas Investment Management (UK)
United Kingdom
$19.9M +$1.37M +19,187 +8%
HCM
260
Hutchinson Capital Management
California
$19.6M +$2.29M +31,984 +15%
William Blair & Company
261
William Blair & Company
Illinois
$19.5M -$554K -7,753 -3%
VDI
262
Vaughan David Investments
Illinois
$19.4M +$388K +5,430 +2%
HCM
263
Howland Capital Management
Massachusetts
$19.4M -$49.3K -690 -0.3%
CIBC World Market
264
CIBC World Market
Ontario, Canada
$18.9M +$1.17M +16,304 +7%
FMII
265
Farmers & Merchants Investments Inc
Nebraska
$18.8M +$1.52M +21,246 +10%
O
266
OppenheimerFunds
New York
$18.2M -$1.56M -21,777 -9%
CAG
267
Crestwood Advisors Group
Massachusetts
$18.1M -$145K -2,027 -0.9%
TPSF
268
Texas Permanent School Fund
Texas
$18M -$1.4M -19,543 -8%
JCM
269
Janney Capital Management
Pennsylvania
$18M -$1.02M -14,258 -6%
NPA
270
Nichols & Pratt Advisers
Massachusetts
$17.6M +$135K +1,886 +0.9%
PTC
271
Petrus Trust Company
Texas
$17.6M -$183K -2,557 -1%
CCMIC
272
Cardinal Capital Management Inc (Canada)
Manitoba, Canada
$17.5M +$830K +11,605 +5%
TF
273
TIAA FSB
Florida
$17.5M +$11.3M +158,413 +250%
TRSOTSOK
274
Teachers Retirement System of the State of Kentucky
Kentucky
$17.1M -$822K -11,500 -5%
TNB
275
Thomasville National Bank
Georgia
$17M +$271K +3,791 +2%

CVS Hedge Fund Activity: Q3 2018 in Review

1,600 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in CVS Health (CVS) for Q3 2018, worth a combined $68.8B — up 25% from $55B a quarter earlier.

Buyers outnumbered sellers: 140 funds opened new CVS positions and 99 closed out — a net gain of 41 holders — while 647 added to existing stakes and 652 trimmed.

The largest buyer was Dodge & Cox, opening a new position worth an estimated $1.08B. The largest seller was Capital World Investors, exiting entirely with an estimated $541M sold.

  • 1,600 institutional investors held CVS Health (CVS) as of Q3 2018, up from 1,573 in Q2 2018.
  • Funds reported $68.8B of CVS Health stock for Q3 2018, up 25% quarter-over-quarter.
  • 140 funds opened new CVS Health positions in Q3 2018 and 99 closed out, a net change of +41 holders.
  • The largest CVS Health buyer in Q3 2018 was Dodge & Cox, an estimated $1.08B added.
  • The largest CVS Health seller in Q3 2018 was Capital World Investors, an estimated $541M sold.

Based on aggregated 13F filings for Q3 2018.