eHealth
EHTH
115 hedge funds and large institutions have $300M invested in eHealth in 2017 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 36 increasing their positions, 45 reducing their positions, and 16 closing their positions.
2.36% more ownership
Funds ownership: 90.34% → 92.7% (+2.4%)
6% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 16
1% more funds holding
Funds holding: 114 → 115 (+1)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
20% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 45
25% less capital invested
Capital invested by funds: $400M → $300M (-$100M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $880K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DM
Deerfield Management
New York
|
+$7.63M |
| 2 |
RG
Redmile Group
San Francisco,
California
|
+$4.95M |
| 3 |
CCM
Cloverdale Capital Management
Dallas,
Texas
|
+$4.89M |
| 4 |
PC
Pier Capital
Stamford,
Connecticut
|
+$4.6M |
| 5 |
FA
Friess Associates
Greenville,
Delaware
|
+$3.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Cannell Capital
Alta,
Wyoming
|
-$6.76M |
| 2 |
HCS
Harvest Capital Strategies
San Francisco,
California
|
-$5.49M |
| 3 |
LSC
Lyon Street Capital
Sausalito,
California
|
-$4.59M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$3.6M |
| 5 |
GIPM
G2 Investment Partners Management
New York
|
-$3.43M |
EHTH Hedge Fund Activity: Q4 2017 in Review
115 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in eHealth (EHTH) for Q4 2017, worth a combined $300M — down 25% from $400M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new EHTH positions and 16 closed out — a net gain of 1 holder — while 36 added to existing stakes and 45 trimmed.
The largest buyer was Deerfield Management, adding an estimated $7.63M. The largest seller was Cannell Capital, cutting an estimated $6.76M.
- 115 institutional investors held eHealth (EHTH) as of Q4 2017, up from 114 in Q3 2017.
- Funds reported $300M of eHealth stock for Q4 2017, down 25% quarter-over-quarter.
- 17 funds opened new eHealth positions in Q4 2017 and 16 closed out, a net change of +1 holder.
- The largest eHealth buyer in Q4 2017 was Deerfield Management, an estimated $7.63M added.
- The largest eHealth seller in Q4 2017 was Cannell Capital, an estimated $6.76M sold.
Based on aggregated 13F filings for Q4 2017.