Community Health Systems
CYH
188 hedge funds and large institutions have $433M invested in Community Health Systems in 2019 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 45 increasing their positions, 63 reducing their positions, and 18 closing their positions.
67% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 18
31% more capital invested
Capital invested by funds: $330M → $433M (+$104M)
6% more funds holding
Funds holding: 177 → 188 (+11)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3.92% less ownership
Funds ownership: 103.87% → 99.95% (-3.9%)
22% less call options, than puts
Call options by funds: $21.5M | Put options by funds: $27.8M
29% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 63
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
+$15.6M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$11.2M |
| 3 |
DKCM
Davidson Kempner Capital Management
New York
|
+$5.13M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$3.29M |
| 5 |
HT
HAP Trading
New York
|
+$2.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$7M |
| 2 |
JP Morgan Chase
New York
|
-$6.69M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$5.72M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$5.15M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$2.87M |
CYH Hedge Fund Activity: Q1 2019 in Review
188 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Community Health Systems (CYH) for Q1 2019, worth a combined $433M — up 31% from $330M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new CYH positions and 18 closed out — a net gain of 12 holders — while 45 added to existing stakes and 63 trimmed.
The largest buyer was Charles Schwab, adding an estimated $15.6M. The largest seller was Saba Capital Management, cutting an estimated $7M.
- 188 institutional investors held Community Health Systems (CYH) as of Q1 2019, up from 177 in Q4 2018.
- Funds reported $433M of Community Health Systems stock for Q1 2019, up 31% quarter-over-quarter.
- 30 funds opened new Community Health Systems positions in Q1 2019 and 18 closed out, a net change of +12 holders.
- The largest Community Health Systems buyer in Q1 2019 was Charles Schwab, an estimated $15.6M added.
- The largest Community Health Systems seller in Q1 2019 was Saba Capital Management, an estimated $7M sold.
Based on aggregated 13F filings for Q1 2019.