Community Health Systems
CYH
192 hedge funds and large institutions have $807M invested in Community Health Systems in 2020 Q4 according to their latest regulatory filings, with 43 funds opening new positions, 52 increasing their positions, 69 reducing their positions, and 22 closing their positions.
95% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 22
88% more capital invested
Capital invested by funds: $430M → $807M (+$378M)
12% more funds holding
Funds holding: 171 → 192 (+21)
5.71% more ownership
Funds ownership: 85.1% → 90.81% (+5.7%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
25% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 69
33% less call options, than puts
Call options by funds: $8.82M | Put options by funds: $13.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$70.7M |
| 2 |
Renaissance Technologies
New York
|
+$10.3M |
| 3 |
LM
Luminus Management
Houston,
Texas
|
+$9.02M |
| 4 |
CCM
CAAS Capital Management
New York
|
+$8.69M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$6.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAMH
Shanda Asset Management Holdings
Tortola,,
British Virgin Islands
|
-$91.6M |
| 2 |
JP Morgan Chase
New York
|
-$10.5M |
| 3 |
SCM
Saba Capital Management
New York
|
-$6.8M |
| 4 |
DKCM
Davidson Kempner Capital Management
New York
|
-$3.8M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
-$2.39M |
CYH Hedge Fund Activity: Q4 2020 in Review
192 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Community Health Systems (CYH) for Q4 2020, worth a combined $807M — up 88% from $430M a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new CYH positions and 22 closed out — a net gain of 21 holders — while 52 added to existing stakes and 69 trimmed.
The largest buyer was Franklin Resources, adding an estimated $70.7M. The largest seller was Shanda Asset Management Holdings, cutting an estimated $91.6M.
- 192 institutional investors held Community Health Systems (CYH) as of Q4 2020, up from 171 in Q3 2020.
- Funds reported $807M of Community Health Systems stock for Q4 2020, up 88% quarter-over-quarter.
- 43 funds opened new Community Health Systems positions in Q4 2020 and 22 closed out, a net change of +21 holders.
- The largest Community Health Systems buyer in Q4 2020 was Franklin Resources, an estimated $70.7M added.
- The largest Community Health Systems seller in Q4 2020 was Shanda Asset Management Holdings, an estimated $91.6M sold.
Based on aggregated 13F filings for Q4 2020.