Definitive Healthcare
143 hedge funds and large institutions have $613M invested in Definitive Healthcare in 2024 Q2 according to their latest regulatory filings, with 36 funds opening new positions, 56 increasing their positions, 39 reducing their positions, and 35 closing their positions.
28,150% more call options, than puts
Call options by funds: $1.13M | Put options by funds: $4K
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
44% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 39
3% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 35
1% less funds holding
Funds holding: 144 → 143 (-1)
2.67% less ownership
Funds ownership: 97.84% → 95.18% (-2.7%)
34% less capital invested
Capital invested by funds: $930M → $613M (-$317M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICM
Irenic Capital Management
New York
|
+$18.6M |
| 2 |
Millennium Management
New York
|
+$10.7M |
| 3 |
PCM
Palisade Capital Management
Fort Lee,
New Jersey
|
+$7.17M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$6.15M |
| 5 |
2C
272 Capital
Dallas,
Texas
|
+$4.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
-$45.2M |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
-$31.9M |
| 3 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
-$14.2M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$3.79M |
| 5 |
FAM
Fred Alger Management
New York
|
-$2.76M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Russell Investments Group
London,
United Kingdom
| – | -$266 | -33 | Closed |
|
|
AWM
177
Avior Wealth Management
Omaha,
Nebraska
| – | -$80 | -10 | Closed |
|
|
C
178
Covestor
London,
United Kingdom
| – | +$38 | +6 | +75% |
|
DH Hedge Fund Activity: Q2 2024 in Review
143 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Definitive Healthcare (DH) for Q2 2024, worth a combined $613M — down 34% from $930M a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new DH positions and 35 closed out — a net gain of 1 holder — while 56 added to existing stakes and 39 trimmed.
The largest buyer was Irenic Capital Management, opening a new position worth an estimated $18.6M. The largest seller was Conestoga Capital Advisors, exiting entirely with an estimated $45.2M sold.
- 143 institutional investors held Definitive Healthcare (DH) as of Q2 2024, down from 144 in Q1 2024.
- Funds reported $613M of Definitive Healthcare stock for Q2 2024, down 34% quarter-over-quarter.
- 36 funds opened new Definitive Healthcare positions in Q2 2024 and 35 closed out, a net change of +1 holder.
- The largest Definitive Healthcare buyer in Q2 2024 was Irenic Capital Management, an estimated $18.6M added.
- The largest Definitive Healthcare seller in Q2 2024 was Conestoga Capital Advisors, an estimated $45.2M sold.
Based on aggregated 13F filings for Q2 2024.