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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
Vanguard Group
1
Vanguard Group
Pennsylvania
$5.46B -$495M -8,012,696 -7%
BlackRock
2
BlackRock
New York
$4.99B -$26.4M -428,431 -0.5%
State Street
3
State Street
Massachusetts
$3.31B +$191M +3,100,702 +5%
Wellington Management Group
4
Wellington Management Group
Massachusetts
$1.79B +$228M +3,696,854 +13%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$1.58B -$616M -9,982,585 -25%
T. Rowe Price Associates
6
T. Rowe Price Associates
Maryland
$1.33B +$97.7M +1,582,706 +7%
Capital International Investors
7
Capital International Investors
California
$1.22B +$247M +3,999,974 +22%
Dodge & Cox
8
Dodge & Cox
California
$1.07B +$234M +3,799,275 +24%
Northern Trust
9
Northern Trust
Illinois
$977M +$11.3M +182,993 +1%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$946M +$68.2M +1,105,570 +7%
Barrow, Hanley, Mewhinney & Strauss
11
Barrow, Hanley, Mewhinney & Strauss
Texas
$925M -$125M -2,021,477 -11%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$783M -$5.1M -82,609 -0.6%
Franklin Resources
13
Franklin Resources
California
$703M +$57.7M +935,498 +8%
Norges Bank
14
Norges Bank
Norway
$701M +$10.8M +175,488 +1%
Dimensional Fund Advisors
15
Dimensional Fund Advisors
Texas
$697M -$54M -875,289 -6%
Bank of America
16
Bank of America
North Carolina
$696M +$95.5M +1,546,646 +14%
Macquarie Group
17
Macquarie Group
Australia
$676M +$153M +2,483,839 +25%
Nordea Investment Management
18
Nordea Investment Management
Sweden
$670M +$21M +340,315 +3%
Harris Associates
19
Harris Associates
Illinois
$665M +$28.1M +455,115 +4%
Morgan Stanley
20
Morgan Stanley
New York
$658M +$128M +2,075,326 +20%
VAM
21
Veritas Asset Management
United Kingdom
$657M +$15.7M +254,777 +2%
Wells Fargo
22
Wells Fargo
California
$633M +$79.1M +1,281,644 +12%
Parnassus Investments
23
Parnassus Investments
California
$628M -$133M -2,152,831 -16%
Charles Schwab
24
Charles Schwab
California
$584M +$38.2M +619,236 +6%
Invesco
25
Invesco
Georgia
$570M -$143M -2,319,211 -18%

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.