eHealth
EHTH
98 hedge funds and large institutions have $183M invested in eHealth in 2016 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 37 increasing their positions, 30 reducing their positions, and 25 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 30
9% less funds holding
Funds holding: 108 → 98 (-10)
24% less capital invested
Capital invested by funds: $241M → $183M (-$57.3M)
40% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 25
45% less call options, than puts
Call options by funds: $484K | Put options by funds: $876K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Consonance Capital Management
New York
|
+$13.6M |
| 2 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
+$6.99M |
| 3 |
O
OrbiMed
New York
|
+$6.06M |
| 4 |
CCMH
Cornerstone Capital Management Holdings
New York
|
+$1.99M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$8.63M |
| 2 |
RG
Redmile Group
San Francisco,
California
|
-$5.98M |
| 3 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$4.34M |
| 4 |
EI
EAM Investors
Solana Beach,
California
|
-$2.5M |
| 5 |
RA
Royce & Associates
New York
|
-$2.32M |
EHTH Hedge Fund Activity: Q3 2016 in Review
98 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in eHealth (EHTH) for Q3 2016, worth a combined $183M — down 24% from $241M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of EHTH and 15 opened new positions — a net loss of 10 holders — while 30 trimmed existing stakes and 37 added.
The largest buyer was Consonance Capital Management, opening a new position worth an estimated $13.6M. The largest seller was Wellington Management Group, cutting an estimated $8.63M.
- 98 institutional investors held eHealth (EHTH) as of Q3 2016, down from 108 in Q2 2016.
- Funds reported $183M of eHealth stock for Q3 2016, down 24% quarter-over-quarter.
- 15 funds opened new eHealth positions in Q3 2016 and 25 closed out, a net change of -10 holders.
- The largest eHealth buyer in Q3 2016 was Consonance Capital Management, an estimated $13.6M added.
- The largest eHealth seller in Q3 2016 was Wellington Management Group, an estimated $8.63M sold.
Based on aggregated 13F filings for Q3 2016.