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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
D.E. Shaw & Co
101
D.E. Shaw & Co
New York
$78.3M -$9.97M -161,590 -10%
State of New Jersey Common Pension Fund D
102
State of New Jersey Common Pension Fund D
New Jersey
$75.5M +$51.2M +829,287 +145%
Chevy Chase Trust
103
Chevy Chase Trust
Maryland
$75M -$11.6M -188,340 -12%
Retirement Systems of Alabama
104
Retirement Systems of Alabama
Alabama
$73.6M +$501K +8,115 +0.6%
H
105
Hexavest
Quebec, Canada
$73.5M +$5.35M +86,668 +7%
AAMU
106
Amundi Asset Management US
Massachusetts
$72.6M -$109M -1,762,801 -57%
National Pension Service
107
National Pension Service
South Korea
$70.6M +$2.94M +47,630 +4%
Korea Investment Corp
108
Korea Investment Corp
South Korea
$69.2M +$10.9M +177,209 +16%
JMPWA
109
JP Morgan Private Wealth Advisors
California
$67.8M +$860K +13,933 +1%
OCAM
110
Owl Creek Asset Management
New York
$67.8M -$30.4M -492,800 -28%
Assenagon Asset Management
111
Assenagon Asset Management
Luxembourg
$64.8M +$39.7M +643,107 +115%
BTS
112
BB&T Securities
Virginia
$63.3M +$12.2M +197,389 +20%
SAM
113
Silvercrest Asset Management
New York
$62.5M +$27.6M +447,178 +63%
PRO
114
Pensioenfonds Rail & OV
Netherlands
$61.6M +$3.73M +60,450 +6%
Mackenzie Financial
115
Mackenzie Financial
Ontario, Canada
$61.4M -$48.3M -781,863 -41%
DSA
116
Davis Selected Advisers
Arizona
$60.6M -$359K -5,820 -0.5%
Fiera Capital (Canada)
117
Fiera Capital (Canada)
Quebec, Canada
$59.6M -$1.22M -19,749 -2%
M&T Bank
118
M&T Bank
New York
$59.4M +$5.61M +90,944 +9%
Janus Henderson Group
119
Janus Henderson Group
United Kingdom
$58.9M -$31.7M -513,344 -32%
Mitsubishi UFJ Trust & Banking
120
Mitsubishi UFJ Trust & Banking
Japan
$58.6M -$2.5M -40,506 -4%
Aberdeen Group
121
Aberdeen Group
United Kingdom
$57.2M -$30.1M -487,624 -31%
LSV Asset Management
122
LSV Asset Management
Illinois
$56.6M -$16.4M -265,563 -20%
Toronto Dominion Bank
123
Toronto Dominion Bank
Ontario, Canada
$56.4M +$13.5M +218,233 +26%
FMI
124
Factory Mutual Insurance
Massachusetts
$54M +$10M +162,500 +19%
EDRH
125
Edmond de Rothschild Holding
Switzerland
$52.1M +$14.5M +234,709 +32%

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.