Wellcare Health Plans, Inc.
WCG
WCG was delisted on the 23rd of January, 2020.
504 hedge funds and large institutions have $13.8B invested in Wellcare Health Plans, Inc. in 2019 Q1 according to their latest regulatory filings, with 108 funds opening new positions, 166 increasing their positions, 179 reducing their positions, and 65 closing their positions.
66% more first-time investments, than exits
New positions opened: 108 | Existing positions closed: 65
60% more funds holding in top 10
Funds holding in top 10: 10 → 16 (+6)
45% more call options, than puts
Call options by funds: $306M | Put options by funds: $211M
15% more capital invested
Capital invested by funds: $12B → $13.8B (+$1.78B)
9% more funds holding
Funds holding: 464 → 504 (+40)
7% less repeat investments, than reductions
Existing positions increased: 166 | Existing positions reduced: 179
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Pentwater Capital Management
Naples,
Florida
|
+$278M |
| 2 |
Viking Global Investors
Stamford,
Connecticut
|
+$196M |
| 3 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$153M |
| 4 |
FCM
Farallon Capital Management
San Francisco,
California
|
+$145M |
| 5 |
SHCM
Sachem Head Capital Management
New York
|
+$91.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
-$250M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$176M |
| 3 |
TCIM
TIAA CREF Investment Management
New York
|
-$130M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$125M |
| 5 |
BlackRock
New York
|
-$124M |
WCG Hedge Fund Activity: Q1 2019 in Review
504 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Wellcare Health Plans, Inc. (WCG) for Q1 2019, worth a combined $13.8B — up 15% from $12B a quarter earlier.
Buyers outnumbered sellers: 108 funds opened new WCG positions and 65 closed out — a net gain of 43 holders — while 166 added to existing stakes and 179 trimmed.
The largest buyer was Pentwater Capital Management, opening a new position worth an estimated $278M. The largest seller was American Century Companies, cutting an estimated $250M.
- 504 institutional investors held Wellcare Health Plans, Inc. (WCG) as of Q1 2019, up from 464 in Q4 2018.
- Funds reported $13.8B of Wellcare Health Plans, Inc. stock for Q1 2019, up 15% quarter-over-quarter.
- 108 funds opened new Wellcare Health Plans, Inc. positions in Q1 2019 and 65 closed out, a net change of +43 holders.
- The largest Wellcare Health Plans, Inc. buyer in Q1 2019 was Pentwater Capital Management, an estimated $278M added.
- The largest Wellcare Health Plans, Inc. seller in Q1 2019 was American Century Companies, an estimated $250M sold.
Based on aggregated 13F filings for Q1 2019.