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Elevance Health

1,051 hedge funds and large institutions have $50.7B invested in Elevance Health in 2020 Q1 according to their latest regulatory filings, with 104 funds opening new positions, 386 increasing their positions, 411 reducing their positions, and 147 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.52% more ownership

Funds ownership: 88.06%88.58% (+0.52%)

5% less call options, than puts

Call options by funds: $397M | Put options by funds: $420M

6% less repeat investments, than reductions

Existing positions increased: 386 | Existing positions reduced: 411

5% less funds holding

Funds holding: 1,1101,051 (-59)

23% less funds holding in top 10

Funds holding in top 10: 4434 (-10)

25% less capital invested

Capital invested by funds: $67.4B → $50.7B (-$16.7B)

29% less first-time investments, than exits

New positions opened: 104 | Existing positions closed: 147

Holders
1,051
Holders Change
-59
Holders Change %
-5.32%
% of All Funds
23.16%
Holding in Top 10
34
Holding in Top 10 Change
-10
Holding in Top 10 Change %
-22.73%
% of All Funds
0.75%
New
104
Increased
386
Reduced
411
Closed
147
Calls
$397M
Puts
$420M
Net Calls
-$23M
Net Calls Change
+$34.2M
Name Holding Trade Value Shares
Change
Change in
Stake
RG
1051
Redmile Group
California
-$30.4M -100,800 Closed
MCM
1052
McKinley Capital Management
Alaska
-$20.1M -66,530 Closed
Teacher Retirement System of Texas
1053
Teacher Retirement System of Texas
Texas
-$19.8M -65,484 Closed
AL
1054
AJO LP
Pennsylvania
-$16.7M -55,297 Closed
ITP
1055
Iron Triangle Partners
Connecticut
-$16.6M -55,000 Closed
CM
1056
Crestline Management
Texas
-$11.2M -37,000 Closed
PCM
1057
Parsifal Capital Management
Connecticut
-$10.6M -35,000 Closed
Pacer Advisors
1058
Pacer Advisors
Pennsylvania
-$8.76M -29,007 Closed
SGH
1059
Sivik Global Healthcare
Connecticut
-$8.31M -27,500 Closed
AIM
1060
Achmea Investment Management
Netherlands
-$7.29M -24,136 Closed
ACM
1061
Atika Capital Management
New York
-$6.04M -20,000 Closed
PAPAIJV
1062
Paragon Associates & Paragon Associates II Joint Venture
Texas
-$6.04M -20,000 Closed
MWA
1063
Marshall Wace Asia
Hong Kong
-$5.93M -19,652 Closed
PVH
1064
Psagot Value Holdings
Israel
-$5.73M -18,977 Closed
MF
1065
Magnetar Financial
Illinois
-$5.35M -17,710 Closed
IG
1066
ING Group
Netherlands
-$5.25M -17,392 Closed
TLCM
1067
Tiger Legatus Capital Management
New York
-$4.53M -15,000 Closed
WMSA
1068
Weiss Multi-Strategy Advisers
New York
-$4.53M -15,000 Closed
XS
1069
XR Securities
Illinois
-$4.4M -14,566 Closed
MCM
1070
Matarin Capital Management
New York
-$3.64M -12,056 Closed
TEE
1071
Tibra Equities Europe
United Kingdom
-$3.56M -11,800 Closed
SCP
1072
Silverleafe Capital Partners
Tennessee
-$3.29M -10,883 Closed
EP
1073
Eversept Partners
New York
-$3.02M -10,000 Closed
HI
1074
HBK Investments
Texas
-$2.98M -9,871 Closed
MPM
1075
Meritage Portfolio Management
Kansas
-$2.82M -9,331 Closed

ELV Hedge Fund Activity: Q1 2020 in Review

1,051 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Elevance Health (ELV) for Q1 2020, worth a combined $50.7B — down 25% from $67.4B a quarter earlier.

Sellers outnumbered buyers: 147 funds closed out of ELV and 104 opened new positions — a net loss of 43 holders — while 411 trimmed existing stakes and 386 added.

The largest buyer was Wellington Management Group, adding an estimated $899M. The largest seller was TCI Fund Management, cutting an estimated $855M.

  • 1,051 institutional investors held Elevance Health (ELV) as of Q1 2020, down from 1,110 in Q4 2019.
  • Funds reported $50.7B of Elevance Health stock for Q1 2020, down 25% quarter-over-quarter.
  • 104 funds opened new Elevance Health positions in Q1 2020 and 147 closed out, a net change of -43 holders.
  • The largest Elevance Health buyer in Q1 2020 was Wellington Management Group, an estimated $899M added.
  • The largest Elevance Health seller in Q1 2020 was TCI Fund Management, an estimated $855M sold.

Based on aggregated 13F filings for Q1 2020.