WebMD Health Corp.
WBMD
WBMD was delisted on the 15th of September, 2017.
155 hedge funds and large institutions have $813M invested in WebMD Health Corp. in 2013 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 40 increasing their positions, 59 reducing their positions, and 28 closing their positions.
50% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 28
8% more funds holding
Funds holding: 143 → 155 (+12)
4% more call options, than puts
Call options by funds: $6M | Put options by funds: $5.8M
18% less capital invested
Capital invested by funds: $991M → $813M (-$178M)
32% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 59
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HM
HealthCor Management
New York
|
+$14M |
| 2 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
+$13.9M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$12.2M |
| 4 |
Millennium Management
New York
|
+$11M |
| 5 |
SCA
SAC Capital Advisors
Stamford,
Connecticut
|
+$10.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IC
Icahn Carl
Sunny Isles Beach,
Florida
|
-$197M |
| 2 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$24.4M |
| 3 |
KCM
Kensico Capital Management
Greenwich,
Connecticut
|
-$17.9M |
| 4 |
NTC
North Tide Capital
Boston,
Massachusetts
|
-$14.7M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$13.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAS
176
Partnervest Advisory Services
Santa Barbara,
California
| – | -$1K | -44 | Closed |
|
177
US Bancorp
Minneapolis,
Minnesota
| – | +$31 | +1 | New |
|
|
FWM
178
Focused Wealth Management
Newburgh,
New York
| – | +$187 | +6 | New |
|
WBMD Hedge Fund Activity: Q3 2013 in Review
155 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in WebMD Health Corp. (WBMD) for Q3 2013, worth a combined $813M — down 18% from $991M a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new WBMD positions and 28 closed out — a net gain of 14 holders — while 40 added to existing stakes and 59 trimmed.
The largest buyer was HealthCor Management, opening a new position worth an estimated $14M. The largest seller was Icahn Carl, exiting entirely with an estimated $197M sold.
- 155 institutional investors held WebMD Health Corp. (WBMD) as of Q3 2013, up from 143 in Q2 2013.
- Funds reported $813M of WebMD Health Corp. stock for Q3 2013, down 18% quarter-over-quarter.
- 42 funds opened new WebMD Health Corp. positions in Q3 2013 and 28 closed out, a net change of +14 holders.
- The largest WebMD Health Corp. buyer in Q3 2013 was HealthCor Management, an estimated $14M added.
- The largest WebMD Health Corp. seller in Q3 2013 was Icahn Carl, an estimated $197M sold.
Based on aggregated 13F filings for Q3 2013.