Definitive Healthcare
144 hedge funds and large institutions have $1.17B invested in Definitive Healthcare in 2023 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 68 increasing their positions, 33 reducing their positions, and 20 closing their positions.
106% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 33
60% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 20
19% more call options, than puts
Call options by funds: $421K | Put options by funds: $354K
6% more funds holding
Funds holding: 136 → 144 (+8)
2.15% more ownership
Funds ownership: 103.18% → 105.32% (+2.1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less capital invested
Capital invested by funds: $1.19B → $1.17B (-$20.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Brown Advisory
Baltimore,
Maryland
|
+$46.2M |
| 2 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
+$23.4M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$7.61M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$7.44M |
| 5 |
JP Morgan Chase
New York
|
+$6.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ESCM
Echo Street Capital Management
New York
|
-$50.5M |
| 2 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$14.1M |
| 3 |
Jennison Associates
New York
|
-$9.27M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$3.96M |
| 5 |
CC
Casdin Capital
New York
|
-$3.96M |
DH Hedge Fund Activity: Q1 2023 in Review
144 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Definitive Healthcare (DH) for Q1 2023, worth a combined $1.17B — down 1.7% from $1.19B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new DH positions and 20 closed out — a net gain of 12 holders — while 68 added to existing stakes and 33 trimmed.
The largest buyer was Brown Advisory, opening a new position worth an estimated $46.2M. The largest seller was Echo Street Capital Management, cutting an estimated $50.5M.
- 144 institutional investors held Definitive Healthcare (DH) as of Q1 2023, up from 136 in Q4 2022.
- Funds reported $1.17B of Definitive Healthcare stock for Q1 2023, down 1.7% quarter-over-quarter.
- 32 funds opened new Definitive Healthcare positions in Q1 2023 and 20 closed out, a net change of +12 holders.
- The largest Definitive Healthcare buyer in Q1 2023 was Brown Advisory, an estimated $46.2M added.
- The largest Definitive Healthcare seller in Q1 2023 was Echo Street Capital Management, an estimated $50.5M sold.
Based on aggregated 13F filings for Q1 2023.