Community Health Systems
CYH
239 hedge funds and large institutions have $625M invested in Community Health Systems in 2016 Q4 according to their latest regulatory filings, with 62 funds opening new positions, 86 increasing their positions, 64 reducing their positions, and 76 closing their positions.
34% more repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 64
6% less funds holding
Funds holding: 255 → 239 (-16)
11.7% less ownership
Funds ownership: 110.16% → 98.45% (-12%)
18% less first-time investments, than exits
New positions opened: 62 | Existing positions closed: 76
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
57% less capital invested
Capital invested by funds: $1.44B → $625M (-$817M)
69% less call options, than puts
Call options by funds: $18.7M | Put options by funds: $59.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$23.7M |
| 2 |
SCM
Saba Capital Management
New York
|
+$14.4M |
| 3 |
CCP
Cyrus Capital Partners
New York
|
+$14.4M |
| 4 |
RA
Royce & Associates
New York
|
+$13.1M |
| 5 |
O
OppenheimerFunds
New York
|
+$12.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NTC
North Tide Capital
Boston,
Massachusetts
|
-$63.5M |
| 2 |
CCM
Camber Capital Management
Boston,
Massachusetts
|
-$57.7M |
| 3 |
IG
ING Group
Amsterdam,
Netherlands
|
-$55.1M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$40.4M |
| 5 |
AGA
Altrinsic Global Advisors
Stamford,
Connecticut
|
-$27.3M |
CYH Hedge Fund Activity: Q4 2016 in Review
239 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Community Health Systems (CYH) for Q4 2016, worth a combined $625M — down 57% from $1.44B a quarter earlier.
Sellers outnumbered buyers: 76 funds closed out of CYH and 62 opened new positions — a net loss of 14 holders — while 64 trimmed existing stakes and 86 added.
The largest buyer was BlackRock Fund Advisors, adding an estimated $23.7M. The largest seller was North Tide Capital, exiting entirely with an estimated $63.5M sold.
- 239 institutional investors held Community Health Systems (CYH) as of Q4 2016, down from 255 in Q3 2016.
- Funds reported $625M of Community Health Systems stock for Q4 2016, down 57% quarter-over-quarter.
- 62 funds opened new Community Health Systems positions in Q4 2016 and 76 closed out, a net change of -14 holders.
- The largest Community Health Systems buyer in Q4 2016 was BlackRock Fund Advisors, an estimated $23.7M added.
- The largest Community Health Systems seller in Q4 2016 was North Tide Capital, an estimated $63.5M sold.
Based on aggregated 13F filings for Q4 2016.