eHealth
EHTH
118 hedge funds and large institutions have $735M invested in eHealth in 2014 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 39 increasing their positions, 46 reducing their positions, and 33 closing their positions.
13% less funds holding
Funds holding: 136 → 118 (-18)
15% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 46
26% less capital invested
Capital invested by funds: $991M → $735M (-$256M)
31% less call options, than puts
Call options by funds: $2.87M | Put options by funds: $4.17M
55% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 33
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DM
Deerfield Management
New York
|
+$41.7M |
| 2 |
RIM
RS Investment Management
San Francisco,
California
|
+$32.1M |
| 3 |
DCM
Decade Capital Management
New York
|
+$15.9M |
| 4 |
Millennium Management
New York
|
+$8.84M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$7.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$31M |
| 2 |
SIMG
Stephens Investment Management Group
Houston,
Texas
|
-$28.8M |
| 3 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
-$15.6M |
| 4 |
FAM
Fred Alger Management
New York
|
-$14.8M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$10.3M |
EHTH Hedge Fund Activity: Q2 2014 in Review
118 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in eHealth (EHTH) for Q2 2014, worth a combined $735M — down 26% from $991M a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of EHTH and 15 opened new positions — a net loss of 18 holders — while 46 trimmed existing stakes and 39 added.
The largest buyer was Deerfield Management, adding an estimated $41.7M. The largest seller was Discovery Capital Management, exiting entirely with an estimated $31M sold.
- 118 institutional investors held eHealth (EHTH) as of Q2 2014, down from 136 in Q1 2014.
- Funds reported $735M of eHealth stock for Q2 2014, down 26% quarter-over-quarter.
- 15 funds opened new eHealth positions in Q2 2014 and 33 closed out, a net change of -18 holders.
- The largest eHealth buyer in Q2 2014 was Deerfield Management, an estimated $41.7M added.
- The largest eHealth seller in Q2 2014 was Discovery Capital Management, an estimated $31M sold.
Based on aggregated 13F filings for Q2 2014.