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CVS Health

1,130 hedge funds and large institutions have $58.3B invested in CVS Health in 2013 Q3 according to their latest regulatory filings, with 86 funds opening new positions, 440 increasing their positions, 470 reducing their positions, and 50 closing their positions.

New
Increased
Maintained
Reduced
Closed

72% more first-time investments, than exits

New positions opened: 86 | Existing positions closed: 50

2% more funds holding

Funds holding: 1,1071,130 (+23)

2% less capital invested

Capital invested by funds: $59.6B → $58.3B (-$1.33B)

6% less repeat investments, than reductions

Existing positions increased: 440 | Existing positions reduced: 470

1.62% less ownership

Funds ownership: 84.59%82.97% (-1.6%)

18% less call options, than puts

Call options by funds: $227M | Put options by funds: $276M

23% less funds holding in top 10

Funds holding in top 10: 10883 (-25)

Holders
1,130
Holders Change
+23
Holders Change %
+2.08%
% of All Funds
36.63%
Holding in Top 10
83
Holding in Top 10 Change
-25
Holding in Top 10 Change %
-23.15%
% of All Funds
2.69%
New
86
Increased
440
Reduced
470
Closed
50
Calls
$227M
Puts
$276M
Net Calls
-$48.8M
Net Calls Change
-$12.9M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$3.6B -$270M -4,532,266 -7%
Vanguard Group
2
Vanguard Group
Pennsylvania
$3.25B +$87.7M +1,471,543 +3%
State Street
3
State Street
Massachusetts
$2.85B -$151M -2,530,488 -5%
Wellington Management Group
4
Wellington Management Group
Massachusetts
$2.73B +$33.5M +562,083 +1%
DSA
5
Davis Selected Advisers
Arizona
$2.07B -$146M -2,448,543 -6%
BIT
6
BlackRock Institutional Trust
California
$1.88B -$51.9M -870,727 -3%
Franklin Resources
7
Franklin Resources
California
$1.47B -$102M -1,719,335 -6%
Massachusetts Financial Services
8
Massachusetts Financial Services
Massachusetts
$1.44B +$27.7M +465,405 +2%
AAM
9
Aberdeen Asset Management
United Kingdom
$1.22B +$26.7M +448,885 +2%
JP Morgan Chase
10
JP Morgan Chase
New York
$1.13B -$230M -3,867,926 -16%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$1.07B +$7.46M +125,273 +0.7%
Northern Trust
12
Northern Trust
Illinois
$1.06B -$52.4M -879,828 -5%
Capital Research Global Investors
13
Capital Research Global Investors
California
$1.02B
T. Rowe Price Associates
14
T. Rowe Price Associates
Maryland
$906M -$21.2M -355,416 -2%
Dimensional Fund Advisors
15
Dimensional Fund Advisors
Texas
$670M +$35.8M +601,346 +5%
BG
16
BlackRock Group
United Kingdom
$627M +$10.6M +177,145 +2%
Norges Bank
17
Norges Bank
Norway
$622M -$1.99M -33,400 -0.3%
BFA
18
BlackRock Fund Advisors
California
$615M -$8.32M -139,558 -1%
SAC
19
Smith Affiliated Capital
New York
$566M
Wells Fargo
20
Wells Fargo
California
$565M -$23.7M -397,418 -4%
Ameriprise
21
Ameriprise
Minnesota
$534M +$72.4M +1,214,560 +15%
Invesco
22
Invesco
Georgia
$531M -$15.7M -263,542 -3%
Lazard Asset Management
23
Lazard Asset Management
New York
$521M -$69.8M -1,171,893 -11%
Geode Capital Management
24
Geode Capital Management
Massachusetts
$500M +$18.9M +316,530 +4%
IC
25
Institutional Capital
Illinois
$472M +$9.33M +156,553 +2%

CVS Hedge Fund Activity: Q3 2013 in Review

1,130 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in CVS Health (CVS) for Q3 2013, worth a combined $58.3B — down 2.2% from $59.6B a quarter earlier.

Buyers outnumbered sellers: 86 funds opened new CVS positions and 50 closed out — a net gain of 36 holders — while 440 added to existing stakes and 470 trimmed.

The largest buyer was abrdn Investment Management, adding an estimated $166M. The largest seller was Fidelity Investments, cutting an estimated $270M.

  • 1,130 institutional investors held CVS Health (CVS) as of Q3 2013, up from 1,107 in Q2 2013.
  • Funds reported $58.3B of CVS Health stock for Q3 2013, down 2.2% quarter-over-quarter.
  • 86 funds opened new CVS Health positions in Q3 2013 and 50 closed out, a net change of +36 holders.
  • The largest CVS Health buyer in Q3 2013 was abrdn Investment Management, an estimated $166M added.
  • The largest CVS Health seller in Q3 2013 was Fidelity Investments, an estimated $270M sold.

Based on aggregated 13F filings for Q3 2013.