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Community Health Systems

192 hedge funds and large institutions have $502M invested in Community Health Systems in 2017 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 56 increasing their positions, 62 reducing their positions, and 45 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

10% less repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 62

6% less funds holding

Funds holding: 205192 (-13)

8.28% less ownership

Funds ownership: 110.88%102.61% (-8.3%)

27% less first-time investments, than exits

New positions opened: 33 | Existing positions closed: 45

46% less capital invested

Capital invested by funds: $932M → $502M (-$430M)

63% less call options, than puts

Call options by funds: $9.24M | Put options by funds: $25.2M

Holders
192
Holders Change
-13
Holders Change %
-6.34%
% of All Funds
4.35%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
33
Increased
56
Reduced
62
Closed
45
Calls
$9.24M
Puts
$25.2M
Net Calls
-$16M
Net Calls Change
+$413K
Name Holding Trade Value Shares
Change
Change in
Stake
SAMH
1
Shanda Asset Management Holdings
British Virgin Islands
$111M +$3.03M +602,540 +2%
BlackRock
2
BlackRock
New York
$63.7M +$3.38M +672,638 +5%
Vanguard Group
3
Vanguard Group
Pennsylvania
$43.1M -$544K -108,262 -1%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$34.2M +$7.64M +1,520,730 +23%
SCM
5
Saba Capital Management
New York
$29.1M +$16.2M +3,218,405 +89%
Connor, Clark & Lunn Investment Management (CC&L)
6
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$16.1M +$9.74M +1,938,890 +105%
State Street
7
State Street
Massachusetts
$15.4M +$1.82M +362,902 +11%
CCP
8
Cyrus Capital Partners
New York
$12.3M
JP Morgan Chase
9
JP Morgan Chase
New York
$12M -$7.14M -1,420,718 -34%
O
10
OppenheimerFunds
New York
$11M +$4.95M +985,601 +61%
RA
11
Royce & Associates
New York
$10.1M -$550K -109,500 -4%
Point72 Asset Management
12
Point72 Asset Management
Connecticut
$9.47M +$11.2M +2,223,900 New
California Public Employees Retirement System
13
California Public Employees Retirement System
California
$7.75M +$878K +174,674 +11%
PPA
14
Parametric Portfolio Associates
Washington
$5.94M -$548K -109,078 -7%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$5.74M -$89.8K -17,864 -1%
Northern Trust
16
Northern Trust
Illinois
$5.39M -$357K -71,012 -5%
Norges Bank
17
Norges Bank
Norway
$5.06M
Legal & General Group
18
Legal & General Group
United Kingdom
$4.32M +$201K +39,906 +4%
D.E. Shaw & Co
19
D.E. Shaw & Co
New York
$4.22M -$990K -197,017 -17%
Principal Financial Group
20
Principal Financial Group
Iowa
$4.1M +$164K +32,612 +4%
Barclays
21
Barclays
United Kingdom
$4M -$154K -30,629 -3%
Geode Capital Management
22
Geode Capital Management
Massachusetts
$3.86M +$34.7K +6,907 +0.8%
Charles Schwab
23
Charles Schwab
California
$3.75M -$2.29M -455,529 -34%
HSBC Holdings
24
HSBC Holdings
United Kingdom
$3.5M +$2.39M +476,560 +138%
Federated Hermes
25
Federated Hermes
Pennsylvania
$3.48M +$757K +150,642 +23%

CYH Hedge Fund Activity: Q4 2017 in Review

192 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Community Health Systems (CYH) for Q4 2017, worth a combined $502M — down 46% from $932M a quarter earlier.

Sellers outnumbered buyers: 45 funds closed out of CYH and 33 opened new positions — a net loss of 12 holders — while 62 trimmed existing stakes and 56 added.

The largest buyer was Saba Capital Management, adding an estimated $16.2M. The largest seller was Franklin Resources, exiting entirely with an estimated $38.4M sold.

  • 192 institutional investors held Community Health Systems (CYH) as of Q4 2017, down from 205 in Q3 2017.
  • Funds reported $502M of Community Health Systems stock for Q4 2017, down 46% quarter-over-quarter.
  • 33 funds opened new Community Health Systems positions in Q4 2017 and 45 closed out, a net change of -12 holders.
  • The largest Community Health Systems buyer in Q4 2017 was Saba Capital Management, an estimated $16.2M added.
  • The largest Community Health Systems seller in Q4 2017 was Franklin Resources, an estimated $38.4M sold.

Based on aggregated 13F filings for Q4 2017.