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CVS Health

2,267 hedge funds and large institutions have $74.4B invested in CVS Health in 2023 Q1 according to their latest regulatory filings, with 151 funds opening new positions, 984 increasing their positions, 942 reducing their positions, and 235 closing their positions.

New
Increased
Maintained
Reduced
Closed

20% more call options, than puts

Call options by funds: $1.34B | Put options by funds: $1.11B

4% more repeat investments, than reductions

Existing positions increased: 984 | Existing positions reduced: 942

0.41% more ownership

Funds ownership: 78.48%78.89% (+0.41%)

6% less funds holding

Funds holding: 2,4052,267 (-138)

23% less capital invested

Capital invested by funds: $97.2B → $74.4B (-$22.8B)

36% less first-time investments, than exits

New positions opened: 151 | Existing positions closed: 235

56% less funds holding in top 10

Funds holding in top 10: 11952 (-67)

Holders
2,267
Holders Change
-138
Holders Change %
-5.74%
% of All Funds
36.13%
Holding in Top 10
52
Holding in Top 10 Change
-67
Holding in Top 10 Change %
-56.3%
% of All Funds
0.83%
New
151
Increased
984
Reduced
942
Closed
235
Calls
$1.34B
Puts
$1.11B
Net Calls
+$227M
Net Calls Change
+$47.2M
Name Holding Trade Value Shares
Change
Change in
Stake
William Blair & Company
201
William Blair & Company
Illinois
$37.8M -$974K -11,618 -2%
CI Investments Inc
202
CI Investments Inc
Ontario, Canada
$37.8M +$325K +3,876 +0.8%
LBA
203
Letko, Brosseau & Associates
Quebec, Canada
$37.5M +$9.23M +110,035 +28%
CAM
204
Cacti Asset Management
Georgia
$37.1M +$41.9K +500 +0.1%
Neuberger Berman Group
205
Neuberger Berman Group
New York
$36.5M -$100M -1,192,844 -71%
AM
206
AGF Management
Ontario, Canada
$36.2M +$1.03M +12,336 +3%
WCM
207
Wedge Capital Management
North Carolina
$36.1M +$8.87M +105,739 +28%
Zurich Cantonal Bank
208
Zurich Cantonal Bank
Switzerland
$35.6M +$3.74M +44,657 +10%
Natixis Advisors
209
Natixis Advisors
Massachusetts
$35.5M -$7.34M -87,565 -15%
CS
210
Candriam SCA
Luxembourg
$35.4M -$14.2M -169,870 -25%
Fifth Third Bancorp
211
Fifth Third Bancorp
Ohio
$35.1M -$9.04M -107,757 -19%
TH
212
TCTC Holdings
Texas
$34.9M +$695K +8,293 +2%
RRAM
213
River Road Asset Management
Kentucky
$34.8M -$2.27M -27,065 -5%
Royal London Asset Management
214
Royal London Asset Management
United Kingdom
$34.7M +$537K +6,401 +1%
BHIA
215
Birch Hill Investment Advisors
Massachusetts
$34.7M -$616K -7,341 -2%
Tudor Investment Corp
216
Tudor Investment Corp
Connecticut
$34.1M +$22.5M +268,042 +140%
Lord, Abbett & Co
217
Lord, Abbett & Co
New Jersey
$33.7M -$44.3K -528 -0.1%
National Bank of Canada
218
National Bank of Canada
Quebec, Canada
$33.5M +$8.85M +105,548 +31%
SC
219
Scotia Capital
Ontario, Canada
$33.4M +$2.22M +26,434 +6%
Vontobel Holding
220
Vontobel Holding
Switzerland
$32.7M +$1.77M +21,055 +5%
GIA
221
Gateway Investment Advisers
Ohio
$32.7M -$596K -7,102 -2%
DRZID
222
DePrince Race & Zollo Inc (DRZ)
Florida
$32M +$10.2M +121,116 +39%
CI
223
Conning Inc
Connecticut
$31.8M +$5.75M +68,626 +19%
OPERF
224
Oregon Public Employees Retirement Fund
Oregon
$31.8M -$1.23M -14,690 -3%
HPC
225
HM Payson & Co
Maine
$31.7M -$47.3M -564,084 -57%

CVS Hedge Fund Activity: Q1 2023 in Review

2,267 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in CVS Health (CVS) for Q1 2023, worth a combined $74.4B — down 23% from $97.2B a quarter earlier.

Sellers outnumbered buyers: 235 funds closed out of CVS and 151 opened new positions — a net loss of 84 holders — while 942 trimmed existing stakes and 984 added.

The largest buyer was Two Sigma Advisers, adding an estimated $401M. The largest seller was Capital World Investors, cutting an estimated $2B.

  • 2,267 institutional investors held CVS Health (CVS) as of Q1 2023, down from 2,405 in Q4 2022.
  • Funds reported $74.4B of CVS Health stock for Q1 2023, down 23% quarter-over-quarter.
  • 151 funds opened new CVS Health positions in Q1 2023 and 235 closed out, a net change of -84 holders.
  • The largest CVS Health buyer in Q1 2023 was Two Sigma Advisers, an estimated $401M added.
  • The largest CVS Health seller in Q1 2023 was Capital World Investors, an estimated $2B sold.

Based on aggregated 13F filings for Q1 2023.