Quantitative Investment Management Reduces CVS Health Stake

Hedge fund sells 90,830 shares of pharmacy operator CVS

Mar. 13, 2026 at 10:39am

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Quantitative Investment Management LLC, a hedge fund, decreased its stake in CVS Health Corporation (NYSE:CVS) by 68.7% in the third quarter, according to the company's latest 13F filing with the SEC. The firm now owns 41,355 shares of the pharmacy operator's stock, down from 132,185 shares previously.

Why it matters

This filing provides insight into the investment decisions of Quantitative Investment Management, a prominent hedge fund. The significant reduction in its CVS Health position suggests the fund may have a more bearish outlook on the pharmacy company's prospects compared to the previous quarter.

The details

According to the 13F filing, Quantitative Investment Management sold 90,830 shares of CVS Health during the third quarter. The firm's remaining stake in CVS is now valued at $3,117,000, down from $9,975,000 at the end of the prior quarter.

  • Quantitative Investment Management filed its 13F report for the third quarter of 2026.

The players

Quantitative Investment Management LLC

A hedge fund that manages investments and decreased its stake in CVS Health Corporation.

CVS Health Corporation

A diversified healthcare company that operates a large network of retail pharmacies, pharmacy benefit management services, and health care solutions.

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The takeaway

The reduction in Quantitative Investment Management's CVS Health position suggests the hedge fund may have a more cautious outlook on the pharmacy company's performance compared to the previous quarter. Investors should monitor any further changes in institutional ownership and analyst sentiment around CVS Health.