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CVS Health

2,114 hedge funds and large institutions have $70B invested in CVS Health in 2023 Q3 according to their latest regulatory filings, with 111 funds opening new positions, 780 increasing their positions, 1,020 reducing their positions, and 173 closing their positions.

New
Increased
Maintained
Reduced
Closed

29% more call options, than puts

Call options by funds: $1.7B | Put options by funds: $1.32B

19% more funds holding in top 10

Funds holding in top 10: 4351 (+8)

2% more capital invested

Capital invested by funds: $68.9B → $70B (+$1.06B)

0.06% more ownership

Funds ownership: 77.84%77.9% (+0.06%)

4% less funds holding

Funds holding: 2,2042,114 (-90)

24% less repeat investments, than reductions

Existing positions increased: 780 | Existing positions reduced: 1,020

36% less first-time investments, than exits

New positions opened: 111 | Existing positions closed: 173

Holders
2,114
Holders Change
-90
Holders Change %
-4.08%
% of All Funds
33.54%
Holding in Top 10
51
Holding in Top 10 Change
+8
Holding in Top 10 Change %
+18.6%
% of All Funds
0.81%
New
111
Increased
780
Reduced
1,020
Closed
173
Calls
$1.7B
Puts
$1.32B
Net Calls
+$380M
Net Calls Change
+$124M
Name Holding Trade Value Shares
Change
Change in
Stake
Chevy Chase Trust
76
Chevy Chase Trust
Maryland
$117M +$10.9M +153,620 +10%
Victory Capital Management
77
Victory Capital Management
Texas
$117M +$34M +479,643 +40%
Voloridge Investment Management
78
Voloridge Investment Management
Florida
$113M -$77.5M -1,093,425 -40%
RJFSA
79
Raymond James Financial Services Advisors
Florida
$112M -$4.15M -58,532 -4%
LPL Financial
80
LPL Financial
California
$112M +$844K +11,916 +0.7%
Fidelity International
81
Fidelity International
Bermuda
$111M -$15.7M -222,092 -12%
National Bank of Canada
82
National Bank of Canada
Quebec, Canada
$107M +$29.4M +414,685 +37%
BGIM
83
Brandywine Global Investment Management
Pennsylvania
$107M +$2.83M +39,960 +3%
Adage Capital Partners
84
Adage Capital Partners
Massachusetts
$102M +$13.1M +184,231 +14%
First Trust Advisors
85
First Trust Advisors
Illinois
$98.4M +$623K +8,793 +0.6%
New York State Teachers Retirement System (NYSTRS)
86
New York State Teachers Retirement System (NYSTRS)
New York
$98.2M -$2.96M -41,746 -3%
Nomura Asset Management
87
Nomura Asset Management
Japan
$97.9M -$1.85M -26,061 -2%
BCIM
88
British Columbia Investment Management
British Columbia, Canada
$97.4M -$15.2M -214,982 -13%
APG Asset Management
89
APG Asset Management
Netherlands
$96.8M -$6.66M -93,988 -6%
EDRH
90
Edmond de Rothschild Holding
Switzerland
$94.8M +$8.43M +119,029 +10%
State Board of Administration of Florida Retirement System
91
State Board of Administration of Florida Retirement System
Florida
$94.3M -$3.47M -49,014 -4%
Swedbank
92
Swedbank
Sweden
$94.2M +$22.9M +322,822 +31%
SAM
93
Silvercrest Asset Management
New York
$92.8M -$2.6M -36,688 -3%
Man Group
94
Man Group
United Kingdom
$92.3M -$139M -1,964,801 Closed
KBC Group
95
KBC Group
Belgium
$92M +$24.7M +349,299 +36%
Jane Street
96
Jane Street
New York
$89.9M +$48.9M +690,495 +116%
HighTower Advisors
97
HighTower Advisors
Illinois
$85.8M -$1.65M -23,284 -2%
PNC Financial Services Group
98
PNC Financial Services Group
Pennsylvania
$85.7M -$54M -762,215 -38%
CF
99
Canoe Financial
Alberta, Canada
$85.7M -$37.9M -535,049 -37%
BIP
100
Brandes Investment Partners
California
$85.7M +$2.82M +39,749 +3%

CVS Hedge Fund Activity: Q3 2023 in Review

2,114 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in CVS Health (CVS) for Q3 2023, worth a combined $70B — up 1.5% from $68.9B a quarter earlier.

Sellers outnumbered buyers: 173 funds closed out of CVS and 111 opened new positions — a net loss of 62 holders — while 1,020 trimmed existing stakes and 780 added.

The largest buyer was Capital International Investors, adding an estimated $1.42B. The largest seller was BlackRock, cutting an estimated $496M.

  • 2,114 institutional investors held CVS Health (CVS) as of Q3 2023, down from 2,204 in Q2 2023.
  • Funds reported $70B of CVS Health stock for Q3 2023, up 1.5% quarter-over-quarter.
  • 111 funds opened new CVS Health positions in Q3 2023 and 173 closed out, a net change of -62 holders.
  • The largest CVS Health buyer in Q3 2023 was Capital International Investors, an estimated $1.42B added.
  • The largest CVS Health seller in Q3 2023 was BlackRock, an estimated $496M sold.

Based on aggregated 13F filings for Q3 2023.