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CVS Health

1,600 hedge funds and large institutions have $68.8B invested in CVS Health in 2018 Q3 according to their latest regulatory filings, with 140 funds opening new positions, 647 increasing their positions, 652 reducing their positions, and 99 closing their positions.

New
Increased
Maintained
Reduced
Closed

65% more funds holding in top 10

Funds holding in top 10: 4879 (+31)

41% more first-time investments, than exits

New positions opened: 140 | Existing positions closed: 99

25% more capital invested

Capital invested by funds: $55B → $68.8B (+$13.8B)

22% more call options, than puts

Call options by funds: $1.29B | Put options by funds: $1.05B

1.78% more ownership

Funds ownership: 84.15%85.94% (+1.8%)

2% more funds holding

Funds holding: 1,5731,600 (+27)

1% less repeat investments, than reductions

Existing positions increased: 647 | Existing positions reduced: 652

Holders
1,600
Holders Change
+27
Holders Change %
+1.72%
% of All Funds
36.57%
Holding in Top 10
79
Holding in Top 10 Change
+31
Holding in Top 10 Change %
+64.58%
% of All Funds
1.81%
New
140
Increased
647
Reduced
652
Closed
99
Calls
$1.29B
Puts
$1.05B
Net Calls
+$233M
Net Calls Change
+$241M
Name Holding Trade Value Shares
Change
Change in
Stake
California State Teachers Retirement System (CalSTRS)
76
California State Teachers Retirement System (CalSTRS)
California
$142M +$348K +4,865 +0.3%
EVM
77
Eaton Vance Management
Massachusetts
$139M -$499K -6,983 -0.4%
New York State Teachers Retirement System (NYSTRS)
78
New York State Teachers Retirement System (NYSTRS)
New York
$132M -$3.64M -50,924 -3%
Citadel Advisors
79
Citadel Advisors
Florida
$132M +$91.3M +1,277,176 +325%
HFS
80
HL Financial Services
Kentucky
$130M +$721K +10,090 +0.6%
Asset Management One
81
Asset Management One
Japan
$129M -$493K -6,892 -0.4%
CS
82
Credit Suisse
Switzerland
$129M -$3.87M -54,107 -3%
SCM
83
Sterling Capital Management
North Carolina
$126M -$1.52M -21,232 -1%
Rockefeller Capital Management
84
Rockefeller Capital Management
New York
$125M -$517K -7,225 -0.5%
FI
85
Focused Investors
California
$124M -$386K -5,400 -0.3%
Principal Financial Group
86
Principal Financial Group
Iowa
$121M -$778K -10,878 -0.7%
SOMRS
87
State of Michigan Retirement System
Michigan
$113M -$86.3M -1,207,700 -46%
SIG
88
Senator Investment Group
New York
$112M +$102M +1,422,000 New
JFL
89
Jarislowsky, Fraser Ltd
Quebec, Canada
$110M -$15.8M -220,950 -13%
State Board of Administration of Florida Retirement System
90
State Board of Administration of Florida Retirement System
Florida
$109M -$1.4M -19,652 -1%
FMI
91
Factory Mutual Insurance
Massachusetts
$108M +$7.03M +98,300 +8%
APG Asset Management
92
APG Asset Management
Netherlands
$108M -$47M -656,900 -29%
Schroder Investment Management Group
93
Schroder Investment Management Group
United Kingdom
$106M -$9.71M -135,813 -9%
HTC
94
Haverford Trust Company
Pennsylvania
$106M +$877K +12,260 +0.9%
Thrivent Financial for Lutherans
95
Thrivent Financial for Lutherans
Minnesota
$105M +$1.99M +27,803 +2%
US Bancorp
96
US Bancorp
Minnesota
$105M -$693K -9,687 -0.7%
SI
97
Scharf Investments
California
$104M -$4.29M -59,953 -4%
Chevy Chase Trust
98
Chevy Chase Trust
Maryland
$102M -$1.36M -19,016 -1%
DnB Asset Management
99
DnB Asset Management
Norway
$102M +$4.52M +63,178 +5%
PNC Financial Services Group
100
PNC Financial Services Group
Pennsylvania
$102M -$4.14M -57,921 -4%

CVS Hedge Fund Activity: Q3 2018 in Review

1,600 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in CVS Health (CVS) for Q3 2018, worth a combined $68.8B — up 25% from $55B a quarter earlier.

Buyers outnumbered sellers: 140 funds opened new CVS positions and 99 closed out — a net gain of 41 holders — while 647 added to existing stakes and 652 trimmed.

The largest buyer was Dodge & Cox, opening a new position worth an estimated $1.08B. The largest seller was Capital World Investors, exiting entirely with an estimated $541M sold.

  • 1,600 institutional investors held CVS Health (CVS) as of Q3 2018, up from 1,573 in Q2 2018.
  • Funds reported $68.8B of CVS Health stock for Q3 2018, up 25% quarter-over-quarter.
  • 140 funds opened new CVS Health positions in Q3 2018 and 99 closed out, a net change of +41 holders.
  • The largest CVS Health buyer in Q3 2018 was Dodge & Cox, an estimated $1.08B added.
  • The largest CVS Health seller in Q3 2018 was Capital World Investors, an estimated $541M sold.

Based on aggregated 13F filings for Q3 2018.