Community Health Systems
CYH
205 hedge funds and large institutions have $932M invested in Community Health Systems in 2017 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 78 increasing their positions, 59 reducing their positions, and 36 closing their positions.
32% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 59
14.86% more ownership
Funds ownership: 96.03% → 110.88% (+15%)
7% less funds holding
Funds holding: 220 → 205 (-15)
15% less capital invested
Capital invested by funds: $1.1B → $932M (-$165M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
36% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 36
50% less call options, than puts
Call options by funds: $16.4M | Put options by funds: $32.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAMH
Shanda Asset Management Holdings
Tortola,,
British Virgin Islands
|
+$76.1M |
| 2 |
DAM
Deltec Asset Management
New York
|
+$45.4M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$27.3M |
| 4 |
JP Morgan Chase
New York
|
+$22.8M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$12.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$21M |
| 2 |
Goldman Sachs
New York
|
-$5.93M |
| 3 |
Renaissance Technologies
New York
|
-$4.86M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$4.85M |
| 5 |
CP
Covalent Partners
Concord,
Massachusetts
|
-$4.79M |
CYH Hedge Fund Activity: Q3 2017 in Review
205 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Community Health Systems (CYH) for Q3 2017, worth a combined $932M — down 15% from $1.1B a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of CYH and 23 opened new positions — a net loss of 13 holders — while 59 trimmed existing stakes and 78 added.
The largest buyer was Shanda Asset Management Holdings, adding an estimated $76.1M. The largest seller was Bogle Investment Management, exiting entirely with an estimated $21M sold.
- 205 institutional investors held Community Health Systems (CYH) as of Q3 2017, down from 220 in Q2 2017.
- Funds reported $932M of Community Health Systems stock for Q3 2017, down 15% quarter-over-quarter.
- 23 funds opened new Community Health Systems positions in Q3 2017 and 36 closed out, a net change of -13 holders.
- The largest Community Health Systems buyer in Q3 2017 was Shanda Asset Management Holdings, an estimated $76.1M added.
- The largest Community Health Systems seller in Q3 2017 was Bogle Investment Management, an estimated $21M sold.
Based on aggregated 13F filings for Q3 2017.