eHealth
EHTH
136 hedge funds and large institutions have $992M invested in eHealth in 2014 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 44 increasing their positions, 52 reducing their positions, and 26 closing their positions.
13% more capital invested
Capital invested by funds: $877M → $992M (+$115M)
4% less funds holding
Funds holding: 141 → 136 (-5)
12% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 26
15% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 52
16% less call options, than puts
Call options by funds: $2.89M | Put options by funds: $3.42M
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GGHC
Gilder Gagnon Howe & Co
New York
|
+$44.1M |
| 2 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
+$31.8M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$19.3M |
| 4 |
CCI
Columbus Circle Investors
|
+$17.7M |
| 5 |
FAM
Fred Alger Management
New York
|
+$15.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$54.3M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$12.5M |
| 3 |
NTC
North Tide Capital
Boston,
Massachusetts
|
-$11.6M |
| 4 |
MACM
March Altus Capital Management
Greenwich,
Connecticut
|
-$11.3M |
| 5 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$7.26M |
EHTH Hedge Fund Activity: Q1 2014 in Review
136 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in eHealth (EHTH) for Q1 2014, worth a combined $992M — up 13% from $877M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of EHTH and 23 opened new positions — a net loss of 3 holders — while 52 trimmed existing stakes and 44 added.
The largest buyer was Gilder Gagnon Howe & Co, adding an estimated $44.1M. The largest seller was T. Rowe Price Associates, cutting an estimated $54.3M.
- 136 institutional investors held eHealth (EHTH) as of Q1 2014, down from 141 in Q4 2013.
- Funds reported $992M of eHealth stock for Q1 2014, up 13% quarter-over-quarter.
- 23 funds opened new eHealth positions in Q1 2014 and 26 closed out, a net change of -3 holders.
- The largest eHealth buyer in Q1 2014 was Gilder Gagnon Howe & Co, an estimated $44.1M added.
- The largest eHealth seller in Q1 2014 was T. Rowe Price Associates, an estimated $54.3M sold.
Based on aggregated 13F filings for Q1 2014.