eHealth
EHTH
95 hedge funds and large institutions have $144M invested in eHealth in 2015 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 40 increasing their positions, 27 reducing their positions, and 27 closing their positions.
48% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 27
10% less funds holding
Funds holding: 106 → 95 (-11)
37% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 27
67% less capital invested
Capital invested by funds: $438M → $144M (-$294M)
78% less call options, than puts
Call options by funds: $123K | Put options by funds: $562K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DM
Deerfield Management
New York
|
+$11.9M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$3.97M |
| 3 |
O
OrbiMed
New York
|
+$3.26M |
| 4 |
DCM
Destrier Capital Management
New York
|
+$3.02M |
| 5 |
Millennium Management
New York
|
+$1.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$27.6M |
| 2 |
EAM
EverPoint Asset Management
Stamford,
Connecticut
|
-$15M |
| 3 |
RIM
RS Investment Management
San Francisco,
California
|
-$13.7M |
| 4 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
-$8.76M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$7.45M |
EHTH Hedge Fund Activity: Q1 2015 in Review
95 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in eHealth (EHTH) for Q1 2015, worth a combined $144M — down 67% from $438M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of EHTH and 17 opened new positions — a net loss of 10 holders — while 27 trimmed existing stakes and 40 added.
The largest buyer was Deerfield Management, adding an estimated $11.9M. The largest seller was Gilder Gagnon Howe & Co, exiting entirely with an estimated $27.6M sold.
- 95 institutional investors held eHealth (EHTH) as of Q1 2015, down from 106 in Q4 2014.
- Funds reported $144M of eHealth stock for Q1 2015, down 67% quarter-over-quarter.
- 17 funds opened new eHealth positions in Q1 2015 and 27 closed out, a net change of -10 holders.
- The largest eHealth buyer in Q1 2015 was Deerfield Management, an estimated $11.9M added.
- The largest eHealth seller in Q1 2015 was Gilder Gagnon Howe & Co, an estimated $27.6M sold.
Based on aggregated 13F filings for Q1 2015.