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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
JMPWA
101
JP Morgan Private Wealth Advisors
California
$101M -$2.13M -29,811 -2%
HM
102
HealthCor Management
New York
$101M +$91.5M +1,279,760 New
H
103
Hexavest
Quebec, Canada
$98.6M -$5.38M -75,300 -6%
State of Wisconsin Investment Board
104
State of Wisconsin Investment Board
Wisconsin
$93.6M -$15.3M -213,676 -15%
SC
105
SRB Corp
Massachusetts
$92.6M +$18.2M +254,145 +28%
Janus Henderson Group
106
Janus Henderson Group
United Kingdom
$92.3M +$39.7M +555,880 +90%
Fiera Capital (Canada)
107
Fiera Capital (Canada)
Quebec, Canada
$92.2M +$3.33M +46,563 +4%
Aberdeen Group
108
Aberdeen Group
United Kingdom
$92M -$9.08M -126,966 -10%
Stifel Financial
109
Stifel Financial
Missouri
$91.1M -$5.87M -82,116 -7%
Retirement Systems of Alabama
110
Retirement Systems of Alabama
Alabama
$91M -$2.75M -38,516 -3%
BGIM
111
Brandywine Global Investment Management
Pennsylvania
$91M -$1.56M -21,785 -2%
DC
112
Davenport & Co
Virginia
$90.5M +$3.19M +44,673 +4%
HSBC Holdings
113
HSBC Holdings
United Kingdom
$88.1M -$1.54M -21,604 -2%
ClearBridge Investments
114
ClearBridge Investments
New York
$87.9M -$60.3M -842,823 -43%
PRO
115
Pensioenfonds Rail & OV
Netherlands
$86.3M -$69.1K -966 -0.1%
USAA
116
United Services Automobile Association
Texas
$84.9M -$1.48M -20,692 -2%
Lord, Abbett & Co
117
Lord, Abbett & Co
New Jersey
$83.8M -$1.12M -15,615 -1%
D.E. Shaw & Co
118
D.E. Shaw & Co
New York
$81M +$35.5M +496,450 +93%
M&T Bank
119
M&T Bank
New York
$77.1M +$9.26M +129,559 +15%
Swedbank
120
Swedbank
Sweden
$74.3M -$80.8M -1,130,232 -55%
BNP Paribas Financial Markets
121
BNP Paribas Financial Markets
France
$73.5M -$557K -7,796 -0.8%
National Pension Service
122
National Pension Service
South Korea
$72.9M +$912K +12,760 +1%
RJFSA
123
Raymond James Financial Services Advisors
Florida
$72.2M +$5.31M +74,324 +9%
ELC
124
Edgar Lomax Company
Virginia
$72M -$2.29M -32,050 -3%
Victory Capital Management
125
Victory Capital Management
Texas
$71.8M -$7.57M -105,897 -10%

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.