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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
Pzena Investment Management
151
Pzena Investment Management
New York
$38.8M +$31K +502 +0.1%
Janney Montgomery Scott
152
Janney Montgomery Scott
Pennsylvania
$38.6M +$22.2M +360,215 +101%
DZ Bank
153
DZ Bank
Germany
$38.1M -$18.1M -292,535 -29%
American Century Companies
154
American Century Companies
Missouri
$38M +$11.1M +179,891 +34%
Bank of Nova Scotia
155
Bank of Nova Scotia
Ontario, Canada
$37.8M +$14.4M +233,800 +50%
GAM
156
Gotham Asset Management
New York
$36.9M +$24.4M +395,737 +138%
SJIC
157
St. James Investment Company
Texas
$36.7M +$1.67M +26,997 +4%
APG Asset Management
158
APG Asset Management
Netherlands
$36.7M -$15M -243,400 -24%
Jane Street
159
Jane Street
New York
$36.6M +$38.3M +619,799 +1,050%
Diamond Hill Capital Management
160
Diamond Hill Capital Management
Ohio
$36.4M -$280M -4,533,849 -87%
GF
161
Gabelli Funds
New York
$36.1M -$1.79M -29,000 -4%
Baird Financial Group
162
Baird Financial Group
Wisconsin
$35.9M +$23.3M +377,954 +131%
First Trust Advisors
163
First Trust Advisors
Illinois
$35.7M +$8.78M +142,247 +27%
Parallax Volatility Advisers
164
Parallax Volatility Advisers
California
$34.8M +$36.6M +593,691 +1,161%
ACM
165
Alta Capital Management
Utah
$34.7M +$2.25M +36,488 +6%
Asset Management One
166
Asset Management One
Japan
$34.6M -$91.9M -1,488,176 -70%
BA
167
Bridgewater Associates
Connecticut
$34.3M +$2.39M +38,770 +6%
FCM
168
Farallon Capital Management
California
$33.7M -$18.8M -305,000 -33%
Commonwealth Equity Services
169
Commonwealth Equity Services
Massachusetts
$33.5M +$6.46M +104,734 +20%
AII
170
AGF Investments Inc
Ontario, Canada
$33.5M +$11.4M +184,590 +42%
AIMCA
171
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$33.3M +$3M +48,600 +9%
Aviva
172
Aviva
United Kingdom
$32.9M +$52.4K +849 +0.1%
VOYA Investment Management
173
VOYA Investment Management
Georgia
$32.3M +$1.69M +27,354 +5%
First Manhattan
174
First Manhattan
New York
$31.9M -$6.48M -104,964 -15%
FMW
175
Farr Miller & Washington
District of Columbia
$30.5M +$2.15M +34,797 +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.