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CVS Health

1,707 hedge funds and large institutions have $55.1B invested in CVS Health in 2019 Q1 according to their latest regulatory filings, with 148 funds opening new positions, 855 increasing their positions, 596 reducing their positions, and 198 closing their positions.

New
Increased
Maintained
Reduced
Closed

43% more repeat investments, than reductions

Existing positions increased: 855 | Existing positions reduced: 596

3.41% less ownership

Funds ownership: 82.16%78.75% (-3.4%)

4% less funds holding

Funds holding: 1,7791,707 (-72)

20% less capital invested

Capital invested by funds: $69.2B → $55.1B (-$14.1B)

22% less call options, than puts

Call options by funds: $1.12B | Put options by funds: $1.44B

25% less first-time investments, than exits

New positions opened: 148 | Existing positions closed: 198

58% less funds holding in top 10

Funds holding in top 10: 8335 (-48)

Holders
1,707
Holders Change
-72
Holders Change %
-4.05%
% of All Funds
36.95%
Holding in Top 10
35
Holding in Top 10 Change
-48
Holding in Top 10 Change %
-57.83%
% of All Funds
0.76%
New
148
Increased
855
Reduced
596
Closed
198
Calls
$1.12B
Puts
$1.44B
Net Calls
-$324M
Net Calls Change
-$683M
Name Holding Trade Value Shares
Change
Change in
Stake
Boston Partners
26
Boston Partners
Massachusetts
$554M -$131M -2,117,690 -17%
Royal Bank of Canada
27
Royal Bank of Canada
Ontario, Canada
$457M +$40.9M +662,054 +8%
Legal & General Group
28
Legal & General Group
United Kingdom
$448M +$62.3M +1,009,205 +14%
VVP
29
Vulcan Value Partners
Alabama
$429M +$178M +2,881,953 +57%
Neuberger Berman Group
30
Neuberger Berman Group
New York
$371M +$110M +1,788,389 +35%
TCIM
31
TIAA CREF Investment Management
New York
$369M -$109M -1,768,121 -21%
Caisse de Depot et Placement du Quebec (CDPQ)
32
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$349M +$32.2M +522,495 +9%
JP Morgan Chase
33
JP Morgan Chase
New York
$346M -$676M -10,957,124 -63%
Goldman Sachs
34
Goldman Sachs
New York
$322M -$99.9M -1,617,794 -21%
Primecap Management
35
Primecap Management
California
$320M +$88.1M +1,427,557 +32%
UBS Group
36
UBS Group
Switzerland
$320M +$76.7M +1,242,484 +27%
Deutsche Bank
37
Deutsche Bank
Germany
$311M -$72.2M -1,169,876 -17%
UBS AM
38
UBS AM
Illinois
$292M -$8.58M -138,995 -3%
Sumitomo Mitsui Trust Group
39
Sumitomo Mitsui Trust Group
Japan
$291M +$26.4M +427,749 +9%
Susquehanna International Group
40
Susquehanna International Group
Pennsylvania
$259M +$273M +4,426,151 +1,186%
Allianz Asset Management
41
Allianz Asset Management
Germany
$246M +$11M +178,099 +4%
Swiss National Bank
42
Swiss National Bank
Switzerland
$245M +$6.02M +97,600 +2%
PPA
43
Parametric Portfolio Associates
Washington
$232M -$73.7M -1,194,686 -22%
Fidelity International
44
Fidelity International
Bermuda
$231M -$2.29M -37,088 -0.9%
Prudential Financial
45
Prudential Financial
New Jersey
$229M +$86.9M +1,407,317 +50%
Barclays
46
Barclays
United Kingdom
$225M -$61.4M -994,916 -19%
TA
47
Teachers Advisors
New York
$200M +$25.9M +419,511 +13%
Manulife (Manufacturers Life Insurance)
48
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$192M +$59.2M +959,115 +37%
Lazard Asset Management
49
Lazard Asset Management
New York
$188M +$45.1M +730,974 +26%
Ameriprise
50
Ameriprise
Minnesota
$184M -$143M -2,316,786 -40%

CVS Hedge Fund Activity: Q1 2019 in Review

1,707 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in CVS Health (CVS) for Q1 2019, worth a combined $55.1B — down 20% from $69.2B a quarter earlier.

Sellers outnumbered buyers: 198 funds closed out of CVS and 148 opened new positions — a net loss of 50 holders — while 596 trimmed existing stakes and 855 added.

The largest buyer was Susquehanna International Group, adding an estimated $273M. The largest seller was JP Morgan Chase, cutting an estimated $676M.

  • 1,707 institutional investors held CVS Health (CVS) as of Q1 2019, down from 1,779 in Q4 2018.
  • Funds reported $55.1B of CVS Health stock for Q1 2019, down 20% quarter-over-quarter.
  • 148 funds opened new CVS Health positions in Q1 2019 and 198 closed out, a net change of -50 holders.
  • The largest CVS Health buyer in Q1 2019 was Susquehanna International Group, an estimated $273M added.
  • The largest CVS Health seller in Q1 2019 was JP Morgan Chase, an estimated $676M sold.

Based on aggregated 13F filings for Q1 2019.