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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
Vanguard Group
1
Vanguard Group
Pennsylvania
$8.64B -$100M -1,197,901 -1%
BlackRock
2
BlackRock
New York
$6.95B -$126M -1,501,021 -2%
State Street
3
State Street
Massachusetts
$4.09B -$240M -2,857,185 -5%
Capital World Investors
4
Capital World Investors
California
$2.43B -$2B -23,905,817 -42%
Morgan Stanley
5
Morgan Stanley
New York
$2.32B -$193M -2,305,893 -7%
Geode Capital Management
6
Geode Capital Management
Massachusetts
$1.7B -$31M -369,195 -2%
JP Morgan Chase
7
JP Morgan Chase
New York
$1.67B -$355M -4,232,239 -16%
Bank of America
8
Bank of America
North Carolina
$1.33B -$39.5M -470,777 -3%
Invesco
9
Invesco
Georgia
$1.14B -$23.4M -279,629 -2%
Norges Bank
10
Norges Bank
Norway
$1.11B -$27.2M -324,016 -2%
Northern Trust
11
Northern Trust
Illinois
$1.08B -$21.1M -251,320 -2%
Fidelity Investments
12
Fidelity Investments
Massachusetts
$1.02B +$271M +3,237,567 +31%
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$993M -$53.1M -633,038 -5%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$960M -$41.7M -497,053 -4%
Goldman Sachs
15
Goldman Sachs
New York
$948M +$246M +2,930,426 +30%
Dodge & Cox
16
Dodge & Cox
California
$937M +$500K +5,962 +0%
Charles Schwab
17
Charles Schwab
California
$873M -$4.94M -58,860 -0.5%
Nordea Investment Management
18
Nordea Investment Management
Sweden
$780M +$99M +1,180,537 +13%
Dimensional Fund Advisors
19
Dimensional Fund Advisors
Texas
$752M +$37.2M +443,644 +5%
Franklin Resources
20
Franklin Resources
California
$730M +$189M +2,249,987 +30%
Legal & General Group
21
Legal & General Group
United Kingdom
$705M +$6.23M +74,348 +0.8%
T. Rowe Price Associates
22
T. Rowe Price Associates
Maryland
$662M -$143M -1,708,750 -16%
Ameriprise
23
Ameriprise
Minnesota
$640M -$237M -2,827,356 -25%
Amundi
24
Amundi
France
$606M +$251M +2,994,990 +62%
Wells Fargo
25
Wells Fargo
California
$602M -$15.3M -182,996 -2%

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.