HealthEquity
311 hedge funds and large institutions have $4.99B invested in HealthEquity in 2023 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 122 increasing their positions, 117 reducing their positions, and 39 closing their positions.
69% more call options, than puts
Call options by funds: $13.2M | Put options by funds: $7.81M
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
1.98% more ownership
Funds ownership: 98.51% → 100.5% (+2%)
4% more repeat investments, than reductions
Existing positions increased: 122 | Existing positions reduced: 117
2% less capital invested
Capital invested by funds: $5.08B → $4.99B (-$88.8M)
4% less funds holding
Funds holding: 323 → 311 (-12)
26% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$120M |
| 2 |
ClearBridge Investments
New York
|
+$27.6M |
| 3 |
SEI Investments
Oaks,
Pennsylvania
|
+$20.2M |
| 4 |
JP Morgan Chase
New York
|
+$20.1M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$19.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Fred Alger Management
New York
|
-$59.2M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$44M |
| 3 |
GIP
Granite Investment Partners
El Segundo,
California
|
-$27.7M |
| 4 |
TCM
TimesSquare Capital Management
New York
|
-$17.1M |
| 5 |
UBS AM
Chicago,
Illinois
|
-$16M |
HQY Hedge Fund Activity: Q1 2023 in Review
311 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in HealthEquity (HQY) for Q1 2023, worth a combined $4.99B — down 1.7% from $5.08B a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of HQY and 29 opened new positions — a net loss of 10 holders — while 117 trimmed existing stakes and 122 added.
The largest buyer was Wasatch Advisors, adding an estimated $120M. The largest seller was Fred Alger Management, cutting an estimated $59.2M.
- 311 institutional investors held HealthEquity (HQY) as of Q1 2023, down from 323 in Q4 2022.
- Funds reported $4.99B of HealthEquity stock for Q1 2023, down 1.7% quarter-over-quarter.
- 29 funds opened new HealthEquity positions in Q1 2023 and 39 closed out, a net change of -10 holders.
- The largest HealthEquity buyer in Q1 2023 was Wasatch Advisors, an estimated $120M added.
- The largest HealthEquity seller in Q1 2023 was Fred Alger Management, an estimated $59.2M sold.
Based on aggregated 13F filings for Q1 2023.