Community Health Systems
CYH
168 hedge funds and large institutions have $402M invested in Community Health Systems in 2018 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 53 increasing their positions, 49 reducing their positions, and 33 closing their positions.
7% more capital invested
Capital invested by funds: $377M → $402M (+$24.6M)
2.23% more ownership
Funds ownership: 97.73% → 99.96% (+2.2%)
8% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 49
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less funds holding
Funds holding: 179 → 168 (-11)
27% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 33
84% less call options, than puts
Call options by funds: $6.19M | Put options by funds: $37.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EM
Elliott Management
New York
|
+$14.6M |
| 2 |
DKCM
Davidson Kempner Capital Management
New York
|
+$4.88M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.12M |
| 4 |
RA
Royce & Associates
New York
|
+$2.71M |
| 5 |
OCAM
Owl Creek Asset Management
New York
|
+$2.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
PointState Capital
New York
|
-$8.38M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$6.31M |
| 3 |
D.E. Shaw & Co
New York
|
-$2.44M |
| 4 |
TA
Tiptree Advisors
New York
|
-$2.42M |
| 5 |
JP Morgan Chase
New York
|
-$1.8M |
CYH Hedge Fund Activity: Q3 2018 in Review
168 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Community Health Systems (CYH) for Q3 2018, worth a combined $402M — up 6.5% from $377M a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of CYH and 24 opened new positions — a net loss of 9 holders — while 49 trimmed existing stakes and 53 added.
The largest buyer was Elliott Management, opening a new position worth an estimated $14.6M. The largest seller was PointState Capital, exiting entirely with an estimated $8.38M sold.
- 168 institutional investors held Community Health Systems (CYH) as of Q3 2018, down from 179 in Q2 2018.
- Funds reported $402M of Community Health Systems stock for Q3 2018, up 6.5% quarter-over-quarter.
- 24 funds opened new Community Health Systems positions in Q3 2018 and 33 closed out, a net change of -9 holders.
- The largest Community Health Systems buyer in Q3 2018 was Elliott Management, an estimated $14.6M added.
- The largest Community Health Systems seller in Q3 2018 was PointState Capital, an estimated $8.38M sold.
Based on aggregated 13F filings for Q3 2018.