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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
CS
51
Credit Suisse
Switzerland
$227M -$21.2M -355,527 -8%
AIM
52
abrdn Investment Management
United Kingdom
$224M +$166M +2,778,676 +238%
Sumitomo Mitsui Trust Group
53
Sumitomo Mitsui Trust Group
Japan
$222M -$1.07M -17,881 -0.5%
UBS AM
54
UBS AM
Illinois
$222M -$931K -15,624 -0.4%
Goldman Sachs
55
Goldman Sachs
New York
$209M +$26.1M +438,151 +13%
RFC
56
Russell Frank Company
Washington
$199M -$3.69M -61,889 -2%
BlackRock
57
BlackRock
New York
$197M -$15.4M -259,140 -7%
Fidelity International
58
Fidelity International
Bermuda
$192M +$9.11M +152,903 +5%
California Public Employees Retirement System
59
California Public Employees Retirement System
California
$192M +$3.14M +52,716 +2%
FAM
60
Fred Alger Management
New York
$189M -$77.9M -1,306,902 -28%
ACM
61
Atlanta Capital Management
Georgia
$188M -$14.8M -248,711 -7%
O
62
OppenheimerFunds
New York
$181M +$48.1M +808,020 +34%
Axa
63
Axa
France
$179M -$7.05M -118,383 -4%
Parnassus Investments
64
Parnassus Investments
California
$179M +$223K +3,735 +0.1%
TD Asset Management
65
TD Asset Management
Ontario, Canada
$178M +$49.8M +836,348 +36%
U
66
UBS
Switzerland
$174M +$25.4M +426,700 +16%
NIMC
67
NWQ Investment Management Company
California
$174M -$26.8M -450,245 -13%
Bank of Montreal
68
Bank of Montreal
Ontario, Canada
$174M +$33.6M +564,487 +23%
AQR Capital Management
69
AQR Capital Management
Connecticut
$171M -$3.84M -64,477 -2%
PAM
70
Panagora Asset Management
Massachusetts
$170M +$52.6M +882,459 +42%
Grantham, Mayo, Van Otterloo & Co (GMO)
71
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$165M +$35.5M +595,854 +26%
PNC Financial Services Group
72
PNC Financial Services Group
Pennsylvania
$162M +$6.36M +106,734 +4%
Charles Schwab
73
Charles Schwab
California
$157M +$6.58M +110,465 +4%
PPA
74
Parametric Portfolio Associates
Washington
$156M -$4.35M -73,062 -3%
Mitsubishi UFJ Trust & Banking
75
Mitsubishi UFJ Trust & Banking
Japan
$155M -$2.06M -34,634 -1%

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.