Wellcare Health Plans, Inc.
WCG
WCG was delisted on the 23rd of January, 2020.
244 hedge funds and large institutions have $4.28B invested in Wellcare Health Plans, Inc. in 2016 Q1 according to their latest regulatory filings, with 52 funds opening new positions, 83 increasing their positions, 80 reducing their positions, and 27 closing their positions.
396% more call options, than puts
Call options by funds: $81.6M | Put options by funds: $16.5M
93% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 27
21% more capital invested
Capital invested by funds: $3.54B → $4.28B (+$740M)
10% more funds holding
Funds holding: 222 → 244 (+22)
4% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 80
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OrbiMed
New York
|
+$46.2M |
| 2 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
+$39.3M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$38.2M |
| 4 |
Goldman Sachs
New York
|
+$38.1M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$27.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Pennant Capital Management
Summit,
New Jersey
|
-$67.5M |
| 2 |
RG
Redmile Group
San Francisco,
California
|
-$44M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$28.1M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$21.8M |
| 5 |
Viking Global Investors
Stamford,
Connecticut
|
-$19.3M |
WCG Hedge Fund Activity: Q1 2016 in Review
244 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Wellcare Health Plans, Inc. (WCG) for Q1 2016, worth a combined $4.28B — up 21% from $3.54B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new WCG positions and 27 closed out — a net gain of 25 holders — while 83 added to existing stakes and 80 trimmed.
The largest buyer was OrbiMed, adding an estimated $46.2M. The largest seller was Pennant Capital Management, cutting an estimated $67.5M.
- 244 institutional investors held Wellcare Health Plans, Inc. (WCG) as of Q1 2016, up from 222 in Q4 2015.
- Funds reported $4.28B of Wellcare Health Plans, Inc. stock for Q1 2016, up 21% quarter-over-quarter.
- 52 funds opened new Wellcare Health Plans, Inc. positions in Q1 2016 and 27 closed out, a net change of +25 holders.
- The largest Wellcare Health Plans, Inc. buyer in Q1 2016 was OrbiMed, an estimated $46.2M added.
- The largest Wellcare Health Plans, Inc. seller in Q1 2016 was Pennant Capital Management, an estimated $67.5M sold.
Based on aggregated 13F filings for Q1 2016.