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CVS Health

1,575 hedge funds and large institutions have $66.5B invested in CVS Health in 2017 Q1 according to their latest regulatory filings, with 147 funds opening new positions, 667 increasing their positions, 654 reducing their positions, and 102 closing their positions.

New
Increased
Maintained
Reduced
Closed

44% more first-time investments, than exits

New positions opened: 147 | Existing positions closed: 102

2% more funds holding

Funds holding: 1,5481,575 (+27)

2% more repeat investments, than reductions

Existing positions increased: 667 | Existing positions reduced: 654

1% more ownership

Funds ownership: 81.54%82.54% (+1%)

3% less capital invested

Capital invested by funds: $68.7B → $66.5B (-$2.21B)

5% less call options, than puts

Call options by funds: $1.14B | Put options by funds: $1.2B

18% less funds holding in top 10

Funds holding in top 10: 8368 (-15)

Holders
1,575
Holders Change
+27
Holders Change %
+1.74%
% of All Funds
39.21%
Holding in Top 10
68
Holding in Top 10 Change
-15
Holding in Top 10 Change %
-18.07%
% of All Funds
1.69%
New
147
Increased
667
Reduced
654
Closed
102
Calls
$1.14B
Puts
$1.2B
Net Calls
-$58.5M
Net Calls Change
+$52.2M
Name Holding Trade Value Shares
Change
Change in
Stake
VVP
26
Vulcan Value Partners
Alabama
$596M +$180M +2,252,242 +42%
VAM
27
Veritas Asset Management
United Kingdom
$594M +$43.7M +546,800 +8%
T. Rowe Price Associates
28
T. Rowe Price Associates
Maryland
$575M -$17.7M -222,033 -3%
Barclays
29
Barclays
United Kingdom
$526M +$340M +4,257,294 +174%
AllianceBernstein
30
AllianceBernstein
Tennessee
$490M -$127M -1,596,995 -20%
Manulife (Manufacturers Life Insurance)
31
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$478M -$104M -1,300,512 -18%
Parnassus Investments
32
Parnassus Investments
California
$474M +$14M +175,695 +3%
SI
33
Sentry Investments
Ontario, Canada
$429M -$2.67M -33,400 -0.6%
Legal & General Group
34
Legal & General Group
United Kingdom
$416M +$21.4M +268,160 +5%
Harris Associates
35
Harris Associates
Illinois
$393M -$79.8K -1,000 -0%
Bank of Montreal
36
Bank of Montreal
Ontario, Canada
$388M +$38M +475,722 +11%
Goldman Sachs
37
Goldman Sachs
New York
$376M -$14.3M -179,407 -4%
Royal Bank of Canada
38
Royal Bank of Canada
Ontario, Canada
$361M -$31.7M -397,044 -8%
AAM
39
Aberdeen Asset Management
United Kingdom
$360M -$48.7M -610,541 -12%
LSV Asset Management
40
LSV Asset Management
Illinois
$360M +$112M +1,404,384 +44%
TCIM
41
TIAA CREF Investment Management
New York
$348M -$98.9M -1,239,278 -22%
Capital Research Global Investors
42
Capital Research Global Investors
California
$340M +$280M +3,509,230 +428%
JP Morgan Chase
43
JP Morgan Chase
New York
$327M +$47.8M +598,961 +17%
APG Asset Management
44
APG Asset Management
Netherlands
$302M +$6.48M +81,193 +2%
Swiss National Bank
45
Swiss National Bank
Switzerland
$300M +$64.8M +811,100 +27%
Boston Partners
46
Boston Partners
Massachusetts
$300M -$44.7M -559,955 -13%
Charles Schwab
47
Charles Schwab
California
$294M +$3.19M +40,014 +1%
New York State Common Retirement Fund
48
New York State Common Retirement Fund
New York
$272M +$407K +5,101 +0.1%
American Century Companies
49
American Century Companies
Missouri
$268M -$11.2M -140,441 -4%
Invesco
50
Invesco
Georgia
$268M -$92.1M -1,154,003 -25%

CVS Hedge Fund Activity: Q1 2017 in Review

1,575 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in CVS Health (CVS) for Q1 2017, worth a combined $66.5B — down 3.2% from $68.7B a quarter earlier.

Buyers outnumbered sellers: 147 funds opened new CVS positions and 102 closed out — a net gain of 45 holders — while 667 added to existing stakes and 654 trimmed.

The largest buyer was BlackRock, adding an estimated $4.85B. The largest seller was 1832 Asset Management, cutting an estimated $501M.

  • 1,575 institutional investors held CVS Health (CVS) as of Q1 2017, up from 1,548 in Q4 2016.
  • Funds reported $66.5B of CVS Health stock for Q1 2017, down 3.2% quarter-over-quarter.
  • 147 funds opened new CVS Health positions in Q1 2017 and 102 closed out, a net change of +45 holders.
  • The largest CVS Health buyer in Q1 2017 was BlackRock, an estimated $4.85B added.
  • The largest CVS Health seller in Q1 2017 was 1832 Asset Management, an estimated $501M sold.

Based on aggregated 13F filings for Q1 2017.