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CVS Health

2,114 hedge funds and large institutions have $70B invested in CVS Health in 2023 Q3 according to their latest regulatory filings, with 111 funds opening new positions, 780 increasing their positions, 1,020 reducing their positions, and 173 closing their positions.

New
Increased
Maintained
Reduced
Closed

29% more call options, than puts

Call options by funds: $1.7B | Put options by funds: $1.32B

19% more funds holding in top 10

Funds holding in top 10: 4351 (+8)

2% more capital invested

Capital invested by funds: $68.9B → $70B (+$1.06B)

0.06% more ownership

Funds ownership: 77.84%77.9% (+0.06%)

4% less funds holding

Funds holding: 2,2042,114 (-90)

24% less repeat investments, than reductions

Existing positions increased: 780 | Existing positions reduced: 1,020

36% less first-time investments, than exits

New positions opened: 111 | Existing positions closed: 173

Holders
2,114
Holders Change
-90
Holders Change %
-4.08%
% of All Funds
33.54%
Holding in Top 10
51
Holding in Top 10 Change
+8
Holding in Top 10 Change %
+18.6%
% of All Funds
0.81%
New
111
Increased
780
Reduced
1,020
Closed
173
Calls
$1.7B
Puts
$1.32B
Net Calls
+$380M
Net Calls Change
+$124M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$8.18B +$34.4M +485,744 +0.4%
BlackRock
2
BlackRock
New York
$6.06B -$496M -7,000,887 -7%
State Street
3
State Street
Massachusetts
$3.78B -$126M -1,778,263 -3%
Capital World Investors
4
Capital World Investors
California
$2.82B +$704M +9,934,269 +33%
Morgan Stanley
5
Morgan Stanley
New York
$2.17B -$152M -2,138,720 -6%
Fidelity Investments
6
Fidelity Investments
Massachusetts
$1.92B +$439M +6,194,441 +29%
Dodge & Cox
7
Dodge & Cox
California
$1.87B +$758M +10,698,560 +67%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$1.67B +$42.9M +604,843 +3%
Capital International Investors
9
Capital International Investors
California
$1.6B +$1.42B +20,033,737 +710%
Bank of America
10
Bank of America
North Carolina
$1.15B -$9.97M -140,757 -0.9%
Invesco
11
Invesco
Georgia
$1.12B -$64.2M -906,597 -5%
Norges Bank
12
Norges Bank
Norway
$1.04B -$37.1M -522,957 -3%
JP Morgan Chase
13
JP Morgan Chase
New York
$1.01B -$39.4M -556,680 -4%
Northern Trust
14
Northern Trust
Illinois
$992M +$21.7M +305,564 +2%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$987M +$21.6M +305,112 +2%
Capital Research Global Investors
16
Capital Research Global Investors
California
$938M +$552M +7,795,109 +138%
Charles Schwab
17
Charles Schwab
California
$865M +$23M +324,391 +3%
Goldman Sachs
18
Goldman Sachs
New York
$806M -$48.6M -686,159 -6%
T. Rowe Price Associates
19
T. Rowe Price Associates
Maryland
$748M +$66.8M +942,795 +10%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$746M +$18.9M +266,650 +3%
Franklin Resources
21
Franklin Resources
California
$727M -$44.4M -626,293 -6%
Legal & General Group
22
Legal & General Group
United Kingdom
$670M -$20.8M -293,403 -3%
Nordea Investment Management
23
Nordea Investment Management
Sweden
$670M -$21.2M -298,811 -3%
Dimensional Fund Advisors
24
Dimensional Fund Advisors
Texas
$666M -$12.4M -175,420 -2%
UBS Group
25
UBS Group
Switzerland
$537M -$59.7M -842,844 -10%

CVS Hedge Fund Activity: Q3 2023 in Review

2,114 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in CVS Health (CVS) for Q3 2023, worth a combined $70B — up 1.5% from $68.9B a quarter earlier.

Sellers outnumbered buyers: 173 funds closed out of CVS and 111 opened new positions — a net loss of 62 holders — while 1,020 trimmed existing stakes and 780 added.

The largest buyer was Capital International Investors, adding an estimated $1.42B. The largest seller was BlackRock, cutting an estimated $496M.

  • 2,114 institutional investors held CVS Health (CVS) as of Q3 2023, down from 2,204 in Q2 2023.
  • Funds reported $70B of CVS Health stock for Q3 2023, up 1.5% quarter-over-quarter.
  • 111 funds opened new CVS Health positions in Q3 2023 and 173 closed out, a net change of -62 holders.
  • The largest CVS Health buyer in Q3 2023 was Capital International Investors, an estimated $1.42B added.
  • The largest CVS Health seller in Q3 2023 was BlackRock, an estimated $496M sold.

Based on aggregated 13F filings for Q3 2023.