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HealthEquity

288 hedge funds and large institutions have $3.6B invested in HealthEquity in 2020 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 100 increasing their positions, 108 reducing their positions, and 55 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.73% more ownership

Funds ownership: 99.25%99.98% (+0.73%)

7% less repeat investments, than reductions

Existing positions increased: 100 | Existing positions reduced: 108

9% less funds holding

Funds holding: 317288 (-29)

31% less capital invested

Capital invested by funds: $5.21B → $3.6B (-$1.61B)

42% less first-time investments, than exits

New positions opened: 32 | Existing positions closed: 55

43% less funds holding in top 10

Funds holding in top 10: 74 (-3)

58% less call options, than puts

Call options by funds: $15.4M | Put options by funds: $36.4M

Holders
288
Holders Change
-29
Holders Change %
-9.15%
% of All Funds
6.35%
Holding in Top 10
4
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-42.86%
% of All Funds
0.09%
New
32
Increased
100
Reduced
108
Closed
55
Calls
$15.4M
Puts
$36.4M
Net Calls
-$21M
Net Calls Change
-$5.82M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$420M -$41.1M -618,762 -7%
Vanguard Group
2
Vanguard Group
Pennsylvania
$345M +$10.8M +162,445 +2%
JSP
3
Jackson Square Partners
California
$180M -$1.41M -21,186 -0.6%
WA
4
Wasatch Advisors
Utah
$136M +$33.8M +508,358 +23%
State Street
5
State Street
Massachusetts
$113M +$2.63M +39,679 +2%
AllianceBernstein
6
AllianceBernstein
Tennessee
$98.1M +$117M +1,757,107 +970%
FAM
7
Fred Alger Management
New York
$89M -$2.16M -32,565 -2%
Victory Capital Management
8
Victory Capital Management
Texas
$81.7M +$52.4M +789,789 +96%
Janus Henderson Group
9
Janus Henderson Group
United Kingdom
$77.2M -$57M -858,863 -36%
Wells Fargo
10
Wells Fargo
California
$76.2M -$10.3M -155,185 -9%
William Blair Investment Management
11
William Blair Investment Management
Illinois
$75.6M +$99.3M +1,494,952 New
Fidelity Investments
12
Fidelity Investments
Massachusetts
$70.8M -$168M -2,536,603 -64%
JP Morgan Chase
13
JP Morgan Chase
New York
$63.4M +$13.9M +210,068 +20%
Northern Trust
14
Northern Trust
Illinois
$57.5M +$587K +8,839 +0.8%
GCM
15
Geneva Capital Management
Wisconsin
$56.1M +$73.7M +1,109,238 New
Geode Capital Management
16
Geode Capital Management
Massachusetts
$55.1M +$5.03M +75,714 +7%
BAMCO Inc
17
BAMCO Inc
New York
$53.5M
Ameriprise
18
Ameriprise
Minnesota
$49.3M +$11.9M +178,664 +22%
Franklin Resources
19
Franklin Resources
California
$45.4M +$3.02M +45,489 +5%
SIMG
20
Stephens Investment Management Group
Texas
$45.1M +$5.82M +87,722 +11%
ESCM
21
Echo Street Capital Management
New York
$44.4M +$10.5M +158,582 +22%
Bank of New York Mellon
22
Bank of New York Mellon
New York
$44.1M +$246K +3,704 +0.4%
VOYA Investment Management
23
VOYA Investment Management
Georgia
$43.5M +$17.9M +268,964 +46%
TCM
24
TimesSquare Capital Management
New York
$41.9M +$1.37M +20,675 +3%
Brown Advisory
25
Brown Advisory
Maryland
$41.8M +$12.7M +190,865 +30%

HQY Hedge Fund Activity: Q1 2020 in Review

288 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in HealthEquity (HQY) for Q1 2020, worth a combined $3.6B — down 31% from $5.21B a quarter earlier.

Sellers outnumbered buyers: 55 funds closed out of HQY and 32 opened new positions — a net loss of 23 holders — while 108 trimmed existing stakes and 100 added.

The largest buyer was AllianceBernstein, adding an estimated $117M. The largest seller was Fidelity Investments, cutting an estimated $168M.

  • 288 institutional investors held HealthEquity (HQY) as of Q1 2020, down from 317 in Q4 2019.
  • Funds reported $3.6B of HealthEquity stock for Q1 2020, down 31% quarter-over-quarter.
  • 32 funds opened new HealthEquity positions in Q1 2020 and 55 closed out, a net change of -23 holders.
  • The largest HealthEquity buyer in Q1 2020 was AllianceBernstein, an estimated $117M added.
  • The largest HealthEquity seller in Q1 2020 was Fidelity Investments, an estimated $168M sold.

Based on aggregated 13F filings for Q1 2020.