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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
State of Wisconsin Investment Board
76
State of Wisconsin Investment Board
Wisconsin
$96.9M +$2.68M +43,497 +2%
EVM
77
Eaton Vance Management
Massachusetts
$96.8M -$2.46M -39,817 -2%
DC
78
Davenport & Co
Virginia
$96.5M +$17.4M +282,316 +19%
FI
79
Focused Investors
California
$95.6M -$3.96M -64,175 -3%
KP
80
Kiltearn Partners
United Kingdom
$95.5M -$13.4M -217,008 -11%
State Board of Administration of Florida Retirement System
81
State Board of Administration of Florida Retirement System
Florida
$94M -$460K -7,450 -0.4%
SI
82
Scharf Investments
California
$93.8M +$18.3M +295,697 +20%
Squarepoint
83
Squarepoint
New York
$93.5M +$50.6M +820,341 +90%
HFS
84
HL Financial Services
Kentucky
$90.8M +$2.91M +47,176 +3%
Thrivent Financial for Lutherans
85
Thrivent Financial for Lutherans
Minnesota
$89.6M -$95.7K -1,551 -0.1%
HSBC Holdings
86
HSBC Holdings
United Kingdom
$89.1M +$7.23M +117,125 +8%
Massachusetts Financial Services
87
Massachusetts Financial Services
Massachusetts
$88.3M -$891K -14,443 -0.9%
Adage Capital Partners
88
Adage Capital Partners
Massachusetts
$87.6M +$259K +4,200 +0.3%
SC
89
SRB Corp
Massachusetts
$85.4M +$25.2M +407,540 +35%
ClearBridge Investments
90
ClearBridge Investments
New York
$84.5M -$12.9M -209,134 -12%
Stifel Financial
91
Stifel Financial
Missouri
$83.6M +$1.85M +29,954 +2%
State of Tennessee, Department of Treasury
92
State of Tennessee, Department of Treasury
Tennessee
$82.8M +$20.5M +331,598 +28%
JFL
93
Jarislowsky, Fraser Ltd
Quebec, Canada
$82.7M -$9.24M -149,770 -9%
HTC
94
Haverford Trust Company
Pennsylvania
$82.6M +$7.01M +113,513 +8%
RJFSA
95
Raymond James Financial Services Advisors
Florida
$81.4M +$18M +291,100 +24%
PAMU
96
Pictet Asset Management (UK)
United Kingdom
$81.4M +$7.53M +122,068 +9%
USAA
97
United Services Automobile Association
Texas
$80.2M -$12.1M -196,245 -12%
PNC Financial Services Group
98
PNC Financial Services Group
Pennsylvania
$79.7M -$7.6M -123,123 -8%
BGIM
99
Brandywine Global Investment Management
Pennsylvania
$79.5M +$29.7M +480,511 +48%
SCM
100
Sterling Capital Management
North Carolina
$79.4M -$6.57M -106,483 -7%

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.