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CVS Health

1,130 hedge funds and large institutions have $58.3B invested in CVS Health in 2013 Q3 according to their latest regulatory filings, with 86 funds opening new positions, 440 increasing their positions, 470 reducing their positions, and 50 closing their positions.

New
Increased
Maintained
Reduced
Closed

72% more first-time investments, than exits

New positions opened: 86 | Existing positions closed: 50

2% more funds holding

Funds holding: 1,1071,130 (+23)

2% less capital invested

Capital invested by funds: $59.6B → $58.3B (-$1.33B)

6% less repeat investments, than reductions

Existing positions increased: 440 | Existing positions reduced: 470

1.62% less ownership

Funds ownership: 84.59%82.97% (-1.6%)

18% less call options, than puts

Call options by funds: $227M | Put options by funds: $276M

23% less funds holding in top 10

Funds holding in top 10: 10883 (-25)

Holders
1,130
Holders Change
+23
Holders Change %
+2.08%
% of All Funds
36.63%
Holding in Top 10
83
Holding in Top 10 Change
-25
Holding in Top 10 Change %
-23.15%
% of All Funds
2.69%
New
86
Increased
440
Reduced
470
Closed
50
Calls
$227M
Puts
$276M
Net Calls
-$48.8M
Net Calls Change
-$12.9M
Name Holding Trade Value Shares
Change
Change in
Stake
ClearBridge Investments
26
ClearBridge Investments
New York
$438M +$7.87M +132,031 +2%
Bank of America
27
Bank of America
North Carolina
$431M +$15.3M +255,982 +3%
FPA
28
First Pacific Advisors
California
$418M +$560K +9,400 +0.1%
MAA
29
Managed Account Advisors
New Jersey
$415M -$29.2M -490,393 -6%
Morgan Stanley
30
Morgan Stanley
New York
$389M +$57.8M +970,675 +17%
BA
31
BlackRock Advisors
Delaware
$385M -$164M -2,744,526 -29%
EIP
32
Epoch Investment Partners
New York
$380M +$29.9M +501,392 +8%
Macquarie Group
33
Macquarie Group
Australia
$376M +$22.4M +376,177 +6%
LSV Asset Management
34
LSV Asset Management
Illinois
$350M -$2.62M -44,050 -0.7%
AllianceBernstein
35
AllianceBernstein
Tennessee
$332M +$71.9M +1,206,381 +26%
Legal & General Group
36
Legal & General Group
United Kingdom
$327M +$4.35M +73,072 +1%
Winslow Capital Management
37
Winslow Capital Management
Minnesota
$325M -$105M -1,759,964 -24%
TCIM
38
TIAA CREF Investment Management
New York
$316M -$10.2M -171,494 -3%
Harris Associates
39
Harris Associates
Illinois
$313M
EVM
40
Eaton Vance Management
Massachusetts
$285M -$16.1M -269,646 -5%
Boston Partners
41
Boston Partners
Massachusetts
$274M +$55M +922,799 +24%
First Manhattan
42
First Manhattan
New York
$269M -$865K -14,512 -0.3%
Deutsche Bank
43
Deutsche Bank
Germany
$267M -$10.3M -173,276 -4%
PI
44
Putnam Investments
Massachusetts
$258M +$91.2M +1,529,914 +51%
Prudential Financial
45
Prudential Financial
New Jersey
$256M -$5.44M -91,302 -2%
BIM
46
BlackRock Investment Management
Delaware
$251M -$30.7M -514,603 -10%
VAM
47
Veritas Asset Management
United Kingdom
$249M -$33.1M -555,880 -11%
New York State Common Retirement Fund
48
New York State Common Retirement Fund
New York
$247M -$13.9M -233,480 -5%
AAMU
49
Amundi Asset Management US
Massachusetts
$245M +$2.08M +34,940 +0.8%
Acadian Asset Management
50
Acadian Asset Management
Massachusetts
$242M -$1.65M -27,765 -0.6%

CVS Hedge Fund Activity: Q3 2013 in Review

1,130 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in CVS Health (CVS) for Q3 2013, worth a combined $58.3B — down 2.2% from $59.6B a quarter earlier.

Buyers outnumbered sellers: 86 funds opened new CVS positions and 50 closed out — a net gain of 36 holders — while 440 added to existing stakes and 470 trimmed.

The largest buyer was abrdn Investment Management, adding an estimated $166M. The largest seller was Fidelity Investments, cutting an estimated $270M.

  • 1,130 institutional investors held CVS Health (CVS) as of Q3 2013, up from 1,107 in Q2 2013.
  • Funds reported $58.3B of CVS Health stock for Q3 2013, down 2.2% quarter-over-quarter.
  • 86 funds opened new CVS Health positions in Q3 2013 and 50 closed out, a net change of +36 holders.
  • The largest CVS Health buyer in Q3 2013 was abrdn Investment Management, an estimated $166M added.
  • The largest CVS Health seller in Q3 2013 was Fidelity Investments, an estimated $270M sold.

Based on aggregated 13F filings for Q3 2013.