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McKesson

851 hedge funds and large institutions have $22.5B invested in McKesson in 2018 Q3 according to their latest regulatory filings, with 61 funds opening new positions, 253 increasing their positions, 397 reducing their positions, and 103 closing their positions.

New
Increased
Maintained
Reduced
Closed

9% more call options, than puts

Call options by funds: $212M | Put options by funds: $195M

3.97% less ownership

Funds ownership: 88.92%84.96% (-4%)

6% less funds holding

Funds holding: 904851 (-53)

6% less capital invested

Capital invested by funds: $23.9B → $22.5B (-$1.43B)

15% less funds holding in top 10

Funds holding in top 10: 1311 (-2)

36% less repeat investments, than reductions

Existing positions increased: 253 | Existing positions reduced: 397

41% less first-time investments, than exits

New positions opened: 61 | Existing positions closed: 103

Holders
851
Holders Change
-53
Holders Change %
-5.86%
% of All Funds
19.46%
Holding in Top 10
11
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-15.38%
% of All Funds
0.25%
New
61
Increased
253
Reduced
397
Closed
103
Calls
$212M
Puts
$195M
Net Calls
+$16.7M
Net Calls Change
+$2.41M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$2.11B -$5.87M -44,987 -0.3%
BlackRock
2
BlackRock
New York
$2.04B -$28.6M -219,331 -1%
Wellington Management Group
3
Wellington Management Group
Massachusetts
$1.28B -$999M -7,658,000 -44%
State Street
4
State Street
Massachusetts
$1.18B +$52.1M +399,655 +5%
Boston Partners
5
Boston Partners
Massachusetts
$800M -$26.5M -203,192 -3%
Invesco
6
Invesco
Georgia
$759M -$15.4M -117,929 -2%
VVP
7
Vulcan Value Partners
Alabama
$719M +$215M +1,650,873 +44%
Massachusetts Financial Services
8
Massachusetts Financial Services
Massachusetts
$674M -$200M -1,537,437 -23%
GCM
9
Glenview Capital Management
New York
$646M +$20.5M +157,047 +3%
Fidelity Investments
10
Fidelity Investments
Massachusetts
$546M -$36.5M -280,055 -6%
Nordea Investment Management
11
Nordea Investment Management
Sweden
$438M +$141M +1,082,398 +49%
PCM
12
PAR Capital Management
Massachusetts
$438M -$114M -876,500 -21%
Pzena Investment Management
13
Pzena Investment Management
New York
$419M +$42.2M +323,485 +11%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$382M -$2.98M -22,823 -0.8%
Geode Capital Management
15
Geode Capital Management
Massachusetts
$330M +$2.43M +18,603 +0.8%
Northern Trust
16
Northern Trust
Illinois
$310M -$10.6M -81,621 -3%
BG
17
Baupost Group
Massachusetts
$289M +$71.5M +548,000 +34%
KP
18
Kiltearn Partners
United Kingdom
$271M +$22.3M +170,753 +9%
Norges Bank
19
Norges Bank
Norway
$261M
Bank of America
20
Bank of America
North Carolina
$245M -$2.53M -19,381 -1%
American Century Companies
21
American Century Companies
Missouri
$230M +$27.1M +207,533 +14%
Deutsche Bank
22
Deutsche Bank
Germany
$224M -$63.6M -487,593 -22%
Caisse de Depot et Placement du Quebec (CDPQ)
23
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$221M +$3.92M +30,044 +2%
AQR Capital Management
24
AQR Capital Management
Connecticut
$214M -$111M -854,654 -35%
Citadel Advisors
25
Citadel Advisors
Florida
$214M +$201M +1,541,786 +2,198%

MCK Hedge Fund Activity: Q3 2018 in Review

851 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in McKesson (MCK) for Q3 2018, worth a combined $22.5B — down 6% from $23.9B a quarter earlier.

Sellers outnumbered buyers: 103 funds closed out of MCK and 61 opened new positions — a net loss of 42 holders — while 397 trimmed existing stakes and 253 added.

The largest buyer was Vulcan Value Partners, adding an estimated $215M. The largest seller was Wellington Management Group, cutting an estimated $999M.

  • 851 institutional investors held McKesson (MCK) as of Q3 2018, down from 904 in Q2 2018.
  • Funds reported $22.5B of McKesson stock for Q3 2018, down 6% quarter-over-quarter.
  • 61 funds opened new McKesson positions in Q3 2018 and 103 closed out, a net change of -42 holders.
  • The largest McKesson buyer in Q3 2018 was Vulcan Value Partners, an estimated $215M added.
  • The largest McKesson seller in Q3 2018 was Wellington Management Group, an estimated $999M sold.

Based on aggregated 13F filings for Q3 2018.