CVS Health
CVS
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.
72% more first-time investments, than exits
New positions opened: 86 | Existing positions closed: 50
2% more funds holding
Funds holding: 1,107 → 1,130 (+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: 108 → 83 (-25)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
abrdn Investment Management
Edinburgh,
United Kingdom
|
+$166M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$91.2M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$87.7M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$72.4M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$71.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$270M |
| 2 |
JP Morgan Chase
New York
|
-$230M |
| 3 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$164M |
| 4 |
State Street
Boston,
Massachusetts
|
-$151M |
| 5 |
Capital World Investors
Los Angeles,
California
|
-$148M |
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.